Financial Inclusion is the key
Agency Banking

Financial Inclusion: What will it be like for years to come?

Financial Inclusion helps lift people out of poverty and can help speed economic development. It can draw more women into the mainstream of economic activity, harnessing their contributions to society. – Sri Mulyani Indrawati, Indonesian economist, Minister of Finance of Indonesia since 2016 Economic growth of a country depends on …

Open Banking Enabling Financial Inclusion
Financial Inclusion

How Open Banking can Help in Financial Inclusion

Jonathan a villager who supplies vegetables to the branded supermarket in the city needs to submit monthly invoices [physical copy] to get the payment.He has a bank account but still has to maintain a physical copy of the number of vegetables supplied with the offer price. Recently he got to …

Open Banking
FinTech Trends

Open Banking: End of Card Payments?

Any new technology or innovation always opens up the debate about the relevance of such models in the first place. When it comes to the Open Banking APIs (Application Programming Interfaces), the newest offering of FinTech, there are ongoing discussions on how it can bring about a revolutionary banking experience which is beneficial to …

open banking
FinTech Trends
1

Open Banking: Who will really get benefitted?

Banking, as a domain, has always been a competitive one. To keep up with the pace of the dynamic nature of this sector, banks & financial institutions are gradually making the shift to experiment with newer technologies, like Open Banking and innovative concepts like FinTech, designed specifically for the banking …

Banking_The Open Way
FinTech Trends
1

Open Banking API: A Journey

Data sharing and Big Data have become the trending topics in the financial world of late. With the advent of many Fintech start-ups, traditional banks are undergoing a major shift. They, now, are looking forward to modifying the way they operate, to survive the cut-throat competition from their peers. This …

banking-is-necessary-banks-are-not
FinTech
2

Open Banking – Is it comforting to customers or not?

Big changes are on the horizon. You may have seen or heard about Open Banking, PSD2 and CMA in the news over the past year. Or, you may be hearing about them for the first time right now. Fortunately, Open Banking is right here and it is going to stay. …