Category

FinTech Trends
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...
Read More
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,...
Read More
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...
Read More
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...
Read More
Open Banking
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...
Read More
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 is when the idea of...
Read More
Banking need to be Omnichannel
A few years back when we were looking for a Locker facility in our neighborhood, we found the state cooperative bank as the best choice. With the focus on availing only the Locker facility, we never explored the options like internet banking or mobile banking for the bank. Later with demonetization, Aadhaar linking and KYC...
Read More
Banks are aware of the fact that they are no longer serving the traditional customer base, they are in dire need to transform their business models and stay relevant in the industry. Here are the four pillars that could help the banks in realigning their business models either with a handshake with fintech firms or...
Read More
Its just six months that PSD2 came into force, and the Open Banking Implementation Entity (OBIE) stats demonstrate that in June, there have been 1.2 million uses of open banking API’s, up from 720,000 in May. Another report from the Open Data Institute and PwC highlight that the Open Banking market by 2022 could be...
Read More
1 2 3 4 6