Teknospire Blogs – Page 10 – teknospire

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Which Technologies Should Be Adopted By Regional Rural Bank And Cooperative Banks ?

Banks and Technology In our Part One of the Banks and Technology Series we spoke about the technologies needed by Public Sector Banks, Private Sector Banks, and Foreign Banks. This post is part 2 of the same series, and we would continue our discussion on technologies desirable by Regional Rural Banks [RRB’s] and Cooperative Banks […]

Digital Banking

FinX Digital Banking Solutions For Financial Inclusion In India

The 2015 ”Digital India” campaign along with the 2016 “Demonetization” drive paved the way for the digitization of the Indian economy. With digitization coming in, the Indian banking industry having withstood the previous changes(Eg automation), accepted the change and opted in for digitization. With all the sectors of the Indian economy embracing digitization digital banking […]

BanksandTech

Which Technologies Do Public, Private Sector and Foreign Banks Need to Adopt ?

What could be the list of financial services for a child? Well, hypothetically he could use all, but necessarily he just needs a bank account/fixed deposits for his savings. Hence, most of the banks offer a minor account that allows parents to open in the same bank. Well, this may be a marketing strategy for […]

Catalyst

Agent Bankers – The Catalyst Of Financial Inclusion In Emerging Markets

After a short break, I am back again to take my readers on an another tour of agency banking. While my previous tours Agency banking and Bitcoin , importance of agent banker gave us a peek into what is agency banking and their importance in emerging markets, this time let’s tour and get a peek […]

GST

GOI initiatives to boost Social and Financial Inclusion

Hon’ble Indian Prime minister Mr. Narendra Modi said – I dream of Digital India where mobile and e-banking ensure financial inclusion. We might have heard many such quotes from our leaders, but what has been the ground reality? Has the government made any progress? What were the initiatives taken to boost social and financial inclusion? […]

Security

Cyber-Security- WannaCry, Petya/NoPetya, Myths, Rescue Plan and Guide

May 2017 would be remembered as one of the horrifying months for many firms and individuals who were under threat of WannaCry, followed by Petya. During this period, Google trends showed them as most searched keywords, few firms ran a scan to make sure things are in place, and many individuals were scared to perform […]

PodcastImage

Podcasts – The New Means To Spread The Fintech Word

On a recent holiday trip, my host was listening to the “Breaking Banks” podcast series on her android phone which set the ball rolling for my next blog “Can podcast play an important role in spreading fintech awareness”. Giving a thought to her positive review, I decided to go on an experimental journey with podcasts […]

CBIInsights

Artificial Intelligence in Fintech and Payments – The Impact and Challenges

Artificial Intelligence [AI] storm is here, enterprises working hard to deliver the best of the solutions. Fintech firms are strategizing their approach and research firms calculating the impact and its reach. No one is spared. Be it the big investment banks like Wells Fargo or Morgan Stanley or the fintech start-ups like Numerai and Alphasense […]

Country wise Mobile banking penetration for the period ending Jan2017

10 Desirable Wallet Features Post UPI

Countries across the world especially India have envisioned digitalization across all its sectors including the BFSI sector. Accomplishing this mission would involve a series of transformations especially in the banking sector. However, in the last decade, the BFSI sector has taken long strides towards digitization. Online banking started the chain of banking transformations and was […]

FinX - the global payment switch

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 that runs on phones, tablets, […]