For CFOs and Group CFOs leading large enterprises and conglomerates, the vast networks of entities, divisions, and global offices they manage involve huge capital. This complex business....

For finance, accounts, and collections teams, the daily grind of reconciliation isn’t just about matching numbers – it’s a silent, draining expense. Are you ready to uncover....

If you’ve ever been part of a large real estate transaction, either on the banking side or the builder’s, you know it’s rarely as smooth as the....

Hi! We’re here again! Today, as we pull back the curtain, you will unveil one of Teknospire’s absolute rockstars, the kind of wizard who turns complex fintech....

Good cash flow is the key to any business’s success. Managing money the old way, with many separate systems and manual work, can be slow and complicated.....

Manual reconciliation means countless hours, piles of spreadsheets, matching multiple transactions and chasing down discrepancies. Beneath all these lies a list of hidden costs that directly impact....

What if Teknospire is a bustling kitchen where innovative fintech solutions are cooked up, and Bhavani Madhusudhanan is one of our star chefs? She knows the right....

AI in financial services is no longer just a buzzword. It’s quietly working behind the scenes, not in the form of big, futuristic systems, but as focused,....

Tik-tok round the clock! The month-end. The quarter-end. The year-end. The clock hands keep ticking, and the calendar pages keep turning. These periods often feel like a....

Is your treasury team having trouble managing your enterprise’s finances and constantly checking countless individual bank accounts? The sheer volume of transactions, disparate balances, and endless reconciliations....

Effective Treasury management Software is crucial for businesses of all sizes, helping them optimize liquidity, reduce financial risks, and streamline cash flow operations. With increasing globalization, regulatory....

Did you know that manual reconciliation can consume up to 40% of a finance team’s time? In today’s fast-paced global economy, large conglomerates face the daunting task....

As businesses grow and operate across multiple markets, they require real-time visibility, greater control, and optimized liquidity management. Financial institutions (FIs) have an opportunity to enhance their....

For large conglomerates operating across multiple regions and business units, managing multiple bank accounts across different banks is a persistent challenge. CFOs and treasury teams struggle with....

Imagine a future where AI handles your payments automatically with no manual input, no delays, and no human error. That’s exactly what agentic payments are all about.....

India-based fintech Teknospire is a leading provider of innovative products and solutions. With technological advancement, it continues to serve multiple African and Asian countries. Now, it is....

Digital Escrow services play a pivotal role in modern financial transactions, offering a secure and trustworthy method for managing payments between parties.  In the fintech sector, digital....

Maintaining accurate inventory records is crucial for the success of any business. It often happens that the inventory counts in your records don’t align with the actual....

With the rapid evolution of technology, every business and financial institution demands operational efficiency to streamline complex payment processes, handle volumes of transactional data and comply with....

Embedded payment solutions are transforming digital platforms, allowing users to make secure, instant payments without ever leaving the platform they’re using.  This shift represents a major advancement....

Are you familiar with automating your account reconciliation processes? Yes, you heard that right. Organizations nowadays deal with huge volumes of data, which exist in various forms....

Are you spending countless hours reconciling financial data across spreadsheets and files? The struggle with inaccurate financial records is tedious and drains costs and resources. All of....

Manual reconciliation involves comparing and verifying transactions or relevant financial data, such as account balances manually without any intervention of automation or technology. This process requires additional....

Financial reconciliation is the process of comparing and matching transactions/financial records to ensure they align with supporting documentation. The purpose behind doing this is to ensure the....

In the rapidly evolving world of financial technology, a new concept is emerging that promises to reshape how we interact with money and assets.  Finternet – a....

Today, with just a few taps, funds can be transferred, bills can be paid, and purchases can be made. All without needing to touch cash. As technology....

Numerous offices and departments spend hours performing reconciliation work, looking through entries, and comparing them with bills and receipts. The task becomes tedious for many, resulting in....

Financial inclusion is increasingly being recognized as a key driver of economic growth and poverty alleviation across the globe. Studies have found that access to formal finance....

Mobile Wallets has grown rapidly in India. As per a BI Mobile Payments report, in-store mobile payments would grow to $503 billion by 2020.  As per another....

USA Number of digital banking users in the United States from 2014 to 2019 161.6 million a twenty percent increase from 2014. Source – Statista Great Britain....

A big year for Fintech – or should I say Fintech-led disruption? Experts predicted Fintech to scale in 2019, and they weren’t wrong – innovation-led banking, bypassing....

While, as a technology provider firm we always urge our clients’ Banks and FI’s to adopt “Digital Channels,” we also stress on How to evaluate the ROI....

Experience! How do you craft a digital experience for your consumers? BY providing them a robust, stable, highly efficient digital platform, but have you thought that 80%....

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....

Just a few days back we got an interesting query on our website chat – Which new technologies already present in foreign countries can be adopted for....

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,....

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....

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....

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....

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....

First, it was customers pushing banks to adapt to the digital wave, and now non-bank enterprises growing as competitors are pushing traditional banks to become digital enterprises.....

Data the new Oil has been under scrutiny these days. When Microsoft bought LinkedIn or when Facebook acquired Whatsapp, the speculation was that they were eyeing the....

Image Credits – cryptohead.io The post first appeared on linkedin. To get more such insights, please connect with me here. Could a bank without the physical walls exist? If....

Editor’s Note : This post was originally published in [January, 2019] and has been updated for freshness, accuracy and comprehensiveness. What is Online Banking Accessing Banking services....

I wonder if “Right to go digital” should be included as the seventh fundamental right in India. What do you say? Be it a shop, a salon,or....

The post first appeared on linkedin. To get more such insights, please connect with me here. While I was privileged to go to school, get educated, watch tv, buy....

The post first appeared on linkedin. To get more such insights, please connect with me here. This is the third part of my Financial Inclusion series, in case you....

The post first appeared on Linkedin. To get more such insights, please connect with me here. My last post on LinkedIn spoke about “extra push” from government, brands, banks,....

The post first appeared on FINTECH FUTURES. To get more such insights, please connect with me here. An Avaya survey in India a couple of years ago....

The post first appeared on linkedin. To get more such insights, please connect with me here. What is the longest distance you traveled to avail a service?....