While Traditional Banking existed with a prime motive to secure and save money, they never bothered to create a social impact. The Fintech is on the rise, we do see how “Banking is now boosting the social change” with customized and apt solutions and dedicating themselves to improve the lives of people. Fintech industry, on...Read More
Big changes are on the horizon. You may have seen or heard about Open Banking, PSD2, and CMA in the news over the past year. Or, you may be hearing about them for the first time right now. Fortunately, Open Banking is right here and it is going to stay. In the banking sector, the...Read More
My first face-off with Blockchain was a year back when I in my hometown was keen to transfer my bank account to a new city. The banking officials mentioned the multi-step time-consuming process, which made me think why the same bank cannot be accessible from my new location. Isn’t just about data? Yes, cloud technology...Read More
Vishal’s take on OpenBanking In a recent post on McKinsey about Open banking, it said – The potential benefits of open banking include improved customer experience, new revenue streams, and a sustainable service model for underserved markets. Well, the benefits may be seen in the long run. However, the topic of the hour is Open...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
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
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
Fintech Tools Enabling BaaS to Remote Areas Cashless Payments, Digital Economy, Financial Inclusion these buzzwords seem to be the modernized face of banks and fintech industry. The urban class may be reaping its benefits, but what about the rural people? The lower income group is not competent to get a designer financial portfolio for himself....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
Dreams become a reality when intentions turn into actions. The current post is all about this famous quote. Even before the big dream of #DigitalIndia was weaved, Manappuram Finance Ltd was keen to let the governance and aid reach out to the masses in a digitized way. Yes, they are a step closer. Thanks to...Read More