Fintech Transaction Fintech is best described as financial services initially being provided by banks now provided with the help of technology by banks and other tech firms. For my Non-Tech readers, I would best describe Fintech as the marriage of finance with technology. Fintech is the buzz word now especially in the developing countries where...Read More
The most awaited and anticipated day in the India financial year is the Budget day. This year’s budget was slightly different compared to the previous budgets on its presentation. 1st Feb was the presentation date of this year’s budget instead of the regular March 1st. Secondly, this was Arun Jaitley’s first paperless budget, Paperless budget...Read More
The other day, my better half after reading that the Patym is transiting from a wallet company to a Payment bank with a frown on his forehead, came up and asked, is this conversion a start of new trend? Will there more of this? Without a second thought, I muttered yes we will be coming...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
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
Could Pairing be fun? I am not sure about myself, but technology matching is fun! Do not believe me? Are you not enjoying your mobile/Laptop streaming on your 42’’ LED TV? Or Did you just install an anti-virus software on your new laptop? Or you are just planning to buy the new camera that has...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
Love Hate relationship with banks and customers is continuing. Let me explain the Indian scene. A decade back we only had banks…any payments it had to be routed through the banks… there was no other institution or method for it. So it entailed long waits in queue and filling of big forms. Have had instances...Read More
I and my spouse were having a fight, how much money is enough for a teenager as a pocket money? I came to a figure of 250 INR and he wanted to round it off to 300 INR to eliminate the possibility of getting into the hassle of finding change. Just a perfect day of...Read More
Mobile money has transformed the way Zimbabweans do business as much as it has led to greater financial inclusion. The second edition of the Zimbabwe Mobile Money and Digital Payments Conference and Awards ceremony, which was held at a local hotel in the capital, ran under the theme: Enhancing Risk Management On the Mobile Money...Read More
