Have you ever tried Turkish tea? For a tea-addict like me, it was incredible! And thanks to these fantastic tea flavors that I got to know about Turkey, a land with rich history in culture and food has also shaped the history of economics. The concept of stock exchange, commerce and money were all born...Read More
Digital is just not a word anymore;its your life. Part and parcel of humans, economy, and countries. Each country is trying to regulate, innovate, implement digital solutions, services and lifestyles. Today we are going to discuss about one such beautiful country Jordan and the evolutions of mobile wallets in the stunning landscape. What kind of...Read More
The Middle East and North Africa are witnessing a change in consumer preferences, evolving Fintech start-ups, and supporting regulation are testing banks and FI’s digital capabilities. The consumers are going digital, creating new opportunities for financial market to disrupt and embrace fully integrated mobile wallets via smartphones, wearables, and tablets. A recent GSMA research outline...Read More
In the year 2006, when I was in Pune, many Israelis were staying within our locality. Apart from the country name and a possibility of locating it on the world map, I hardly knew anything about Israel. So when I was offered this post, I never thought it would be an eye-opener to me, on...Read More
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...Read More
Time and again it has been proven – An issue caught in the later stages of an SDLC costs a firm a lot! Whenever it comes to cost cutting and as a response to tight timelines testing is one thing that gets eliminated from many SDLC. However, @Teknospire we believe in delivering only quality to...Read More
Typical Eco-System General high level eco system of FinTech is provided in above diagramIn FinTech domain considering vast types of service bouquet there is a need to have strong eco system between multiple stake holder. Aggregator is the word visualized first when building eco system of stake holders in general. And this Aggregator role is...Read More
FinX enabled Digital Value Chain The above diagram represents the role that Agency Banking, powered by FinX, is playing to create a cohesive ecosystem connecting the farmers with the suppliers, buyers, merchants, financial institutions, international organizations like WHO, UNDP, USAID etc. This article explains the problem statement that most of the International Donors like UNDP,...Read More
In the first post of our series on Agent Banking we spoke about how customers could benefit from Agent Bank and make “Banking a need” . The second post of the same series will highlight how Agents are the face of change to people’s financial security and independence. Who really is an Agent? An agent...Read More
One of the faces of demonetization – Our maid for several years knocks at our door, late in evening yesterday asking for money to buy milk for her son. I oblivious of the “demonization hula boo” started enquiring what did she do with the salary which I gave just a few days back.(Only because I...Read More
