Vishal's take on OpenBanking
FinTech Trends

Everything you need to know about – OpenBanking, OpenAPI, OpenData

Vishal’s take on OpenBanking In a recent post on McKinsey about Open banking, it said – The potential benefits of open banking include improved customer experience, new revenue streams, and a sustainable service model for underserved markets. Well, the benefits may be seen in the long run. However, the topic …

FinX - the global payment switch
Product Overview

FinX – The Global Payment Switch, Connecting Multiple Markets, Channels and Partners

We human are strange in behavior. First, we look for various options, and then we look for one option that serves to all. Don’t believe me? A single Windows login to access all your office systems? A single FB /Google login to access most of the third-party applications? An OS …

Cloud Robotics in Fintech
FinTech Trends

How fintech Could Use Cloud Robotics to stress BaaS and Financial Inclusion?

Cloud Robotics in Fintech While the human mode says NO to machines and robots, the techie inside us craves for hands-on experience to all the latest technology. A few days back when I experienced the Augmented Reality in real, I was awestruck, and my hands itched for more, I wanted …

Fintech Tools Enabling BaaS to Remote Areas
FinTech Trends

What banking services are needed by rural areas and How fintech tools and technology could enable them ?

Fintech Tools Enabling BaaS to Remote Areas Cashless Payments, Digital Economy, Financial Inclusion these buzzwords seem to be the modernized face of banks and fintech industry. The urban class may be reaping its benefits, but what about the rural people? The lower income group is not competent to get a …

Micro ATM
FinTech Trends

Popular Micro ATMs in rural areas

One a recent visit to our relative, he mentioned that in Zimbabwe Ndasenda with help of Teknospire’s Finx -Agency and payment Banking Suite was providing financial inclusion to the unbanked in remote areas. Here in his village with fewer ATMs and half of them, cash stripped, when it is becoming …

MAKash Digital Wallet
FinTech Trends

MAKash – How Manappuram with Makash is strengthening dream of #DigitalIndia

Dreams become a reality when intentions turn into actions. The current post is all about this famous quote. Even before the big dream of #DigitalIndia was weaved, Manappuram Finance Ltd was keen to let the governance and aid reach out to the masses in a digitized way.  Yes, they are …

Fintech Transaction
FinTech Trends

Current Fintech Trends In Emerging Markets

Fintech Transaction Fintech is best described as financial services initially being provided by banks now provided with the help of technology by banks and other tech firms. For my Non-Tech readers, I would best describe Fintech as the marriage of finance with technology. Fintech is the buzz word now especially …

Union Budget 2017
FinTech Trends

Fintech Firms and Union Budget 2017

The most awaited and anticipated day in the India financial year is the Budget day. This year’s budget was slightly different compared to the previous budgets on its presentation. 1st Feb was the presentation date of this year’s budget instead of the regular March 1st. Secondly, this was Arun Jaitley’s …

Wallet into Payment Banks Transition
FinTech Trends

Wallets Turning Payment Banks- What are the Advantages and Why this Transition ?

The other day, my better half after reading that the Patym is transiting from a wallet company to a Payment bank with a frown on his forehead, came up and asked, is this conversion a start of new trend? Will there more of this? Without a second thought, I muttered …

unionbudget
FinTech Trends

How union budget could help in going #Cashless

First step to empower “Cashless India” was taken on 08-Nov-2016, three months later Government presented Union Budget 2017 to further boost the power of #CashlessEconomy in India. With #Fintech firms and #Banks gearing up to provide easy and sustainable solutions for #CashlessPayments in India, what were the proposals made in …