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FinTech Trends
Diigtal Wallets in UAE
Mastercard, in their recent report “The Cashless Journey,” stated that UAE economy is among the most rapidly growing as a cashless based society. VISA another leader in digital payments surveyed retailers found that 63% of the retailers claimed foot traffic increasing and 68% increase in revenue with the acceptance of digital payments. The survey also...
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Neo Banks Use Cases
The post first appeared on linkedin. To get more such insights, please connect with me here. I often get this question – How different is a Neo Bank from a traditional bank? I love to quote : Neo Banks are “INCH wide and a MILE deep” platforms for users addressing their day to day decision making and banking integrated. Neo...
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Teknospire s Popular Blogs In 2018
We had an amazing 2018, our blogs have been well received by our readers. Here’s the tour of our most loved ones    
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Digital Banking is all about the transformation, where the consumer rather than the technology, is in the driver’s seat, and this MATTERS. It’s about digital money deposits, withdrawals and transfer of money from one account to another. It’s also about Account Management to loan management to paying all your bills digitally. Digital Banking essentially entails...
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In the age of online funds transfer and automation, what could be out of the box thinking of a fintech application? A flying drone delivering money in a rural area? Or your own car recommending you about the best car insurance? Well, the above cases may still be a dream, but some of the great...
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API technology has become an integral part of Fintech, together offering future-proof solutions for the entire finance industry. Since the year 2000, when web APIs first appeared with the introduction of Salesforce, the technology has been waiting for its perfect match. It roamed the internet connecting with innovative technology and intelligent verticals. Then, one day,...
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Financial Inclusion is the key
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 factors like national income, per...
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Vishal-Gupta-CEO-Teknospire-e1546267789671[1]
The growing demand for cloud computing and need for uninterrupted banking and payments services have forced the financial institutions to look at innovative solutions. Consequently, data-driven approach has become the key to business growth. More and more businesses are engaging in data mining and hence, it is important for technology providers to offer solutions that...
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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 the end users. The basic...
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