The world is under the spell of digitization! Just a decade back, when people were skeptical about making a transaction online, the recent reports are highlighting the mass adoption of technology into their lives. Sample these – As per stats, the rise of Omni-digital banking customer has grown from 27% in 2012 to 46% in...Read More
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...Read More
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...Read More
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?...Read More
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...Read More
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,...Read More
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 to build more use cases...Read More
Financial inclusion for rural people In continuation to our earlier blog ”Benefits From Agency Banking”, this blog would highlight the importance of agent bankers in rural banking. For a country to be fully developed rural development has to take place. Of late rural development has become the new buzz word for the developing economies. The...Read More
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 difficult for the needy to...Read More
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 #UnionBudget2017 that could enable common...Read More
