FinTech

Global digital payments volumes are predicted to increase by an average 10.9% through to 2020, reaching nearly 726 billion transactions, according to the World Payments Report 2017 (WPR 2017)....
Oct 10, 2017
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Andhra Pradesh has become the first state in the country to pilot blockchain technology in two departments and plans to deploy it across the administration, said Chief Minister N. Chandrababu Naidu...
Oct 10, 2017
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Indian organisations rank quite low in cyber-security preparedness, with startups being the worst performer among them, according to a report by FireCompass. As per the report, the startups scored...
Sep 01, 2017
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In the past, investing or managing money was left to professionals since the tools and know-how was limited.   Over time, there has been a lot of movement across various spaces but our interactions...
Jun 06, 2017
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Even as financial institutions across the globe learn to partner with Fintech, the partnership is likely to see the steepest growth in India this year. The partnership between financial institutions...
Apr 24, 2017
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Distributed Ledgering Technology (DLT) refers to any system providing an asset database or a ledger that enables a seamless and distributed participation of cross-organization entities. The system...
Apr 20, 2017
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An estimated two billion people have no access to banks and hence rely on cash and inefficient transfer systems to participate in their economies. These people effectively operate outside the...
Apr 10, 2017
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Two promising technologies, artificial intelligence and blockchain, have our undivided attention. However, while blockchain is an entirely new content; artificial intelligence has been around for a...
Mar 29, 2017
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A lot is written about the digital transformation efforts in Indian organizations. Some surveys have gone too far to claim that 84% of Indian businesses are seeing moderate to significant...
Mar 23, 2017
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With the idea of blockchain as a disruptive technology gaining ground, each country is looking to chart its own path—based on both global learning and domestic ground reality. India is no exception....
Mar 23, 2017
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It is immensely unfair today to introduce blockchain as the technology behind bitcoin. While it is a fact—and everybody knows it—that it is indeed is the technology that powered the most successful...
Mar 21, 2017
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Banks may become the early adopters of the blockchain technology. Recently, State Bank of India (SBI) has taken the initiative to spearhead India’s first Blockchain exploration consortium for banks...
Feb 17, 2017
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Imagine that you called your bank’s customer care number and a machine responded to you in your preferred language, understood your problem and solved it immediately – much quicker and more...
Feb 10, 2017
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Recent KPMG and CB Insights research suggests that a total of USD 5.7 billion was invested in Fintech in the first quarter of 2016 alone. While companies in China and the US receive most of this...
Feb 09, 2017
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With the Institute for Development and Research in Banking Technology (IDRBT), the nodal technology research centre set up by RBI announcing a successful trial of blockchain technology involving a...
Jan 25, 2017
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For any technology to travel the distance from hype to reality, its early adopters play an instrumental role. When it comes to blockchain – it is a technology that everyone has been talking about....
Dec 14, 2016
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Over 2 billion mobile users will have used their devices for banking purposes by the end of 2021, compared to 1.2 billion this year globally, analysts at Juniper Research said. Growth in mobile...
Oct 19, 2016
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Not long back, Indians were skeptic of making online transactions or of doing card payments. Now, it is predicted (by BCG and Google research) that digital transactions will surpass the cash...
Oct 13, 2016
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What exactly is UPI? UPI basically is a singular model which generates unique code or identity, much like an email address, for a person linked to their bank accounts via mobile application. Now,...
Oct 10, 2016
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India has the opportunity to save 70,000 crores or USD 10.4 billion in the next five years by thanks to Fintech, as per research by VISA, a payment technology leader.   Cash costs India as much as 1....
Oct 07, 2016
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Amid a tougher climate for marketplace lenders and a drop in mega-round activity, investment to VC-backed fintech startups fell 49% according to KMG and CB Insights report. Despite this decline, VC...
Oct 05, 2016
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Customers used to be loyal to there banks, but it is no more the case  in the days of customer-centric banking. More the banks take time in adopting the modern financial technologies (FInTech), more...
Aug 24, 2016
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At the sildwalks of the 17th Annual CIOandLeader conference (CIOandLeader2016) Dilip Pandya, SVP & Head - IT & Shared Services, Indusland Bank shares that banks are facing difculty in...
Aug 24, 2016
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Banks in the present scenario need to think beyond everyday banking thanks to budding digital ecosystems that are causing economic disruptions and pushing banks for next major stage of banking...
Aug 11, 2016
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Fintech platform revenues for unsecured consumer loans issued using machine learning technology will jump to 960% during the period 2016-2021, as per Juniper Research. Juniper, a market research firm...
Aug 10, 2016
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Saurabh Chandra, Head IT for Myntra shares that there is need for CIOs to come out of control structure. Talking at the sideline of CIOandLeader 's  17th Annual CIO and Leader Conference,(...
Aug 10, 2016
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A US court has ruled that Bitcoin is NOT money. It has regarded Bitcoin—one of the pillars of blooming fintech industry—as a close reference to money but has ceased to accept it as the mode of...
Aug 08, 2016
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FinTech is a big buzzword. No one has any doubts that it has the potential to revolutionize the financial services in particular and businesses in general. While in the West, Fintech has been seen by...
Aug 02, 2016
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The Reserve Bank of India has set up an inter regulatory Working Group (WG) to study the entire gamut of regulatory issues relating to Fin Tech and Digital Banking in India. RBI’s financial stability...
Jul 15, 2016
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Last week, Axis Bank, India’s third largest private sector bank, announced the launch of what it calls Thought Factory, a Fintech innovation lab. Based in Bengaluru, the lab combines an in-house team...
Jul 04, 2016
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The next big thing UK is bidding audieu to is, cash. As per the latest reports, UK will go completely cashless by 20 years. Countries like Singapore, Netherlands, France and Sweden are also in the...
Jun 28, 2016
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Banking is the latest industry to be touched by the fourth industrial revoloution, as IoT has been labeled by many, including think tank World Economic Forum. Intelligent Environments, a UK-based...
May 20, 2016
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