The coronavirus pandemic has demonstrated just how vulnerable our business and financial services landscape is, with the world now preparing for its first recession triggered solely by a pandemic...
Aug 11, 2020
In what could be seen as a very progressive stance by the Indian regulator, BP Kanungo, Deputy Governor of Reserve Bank of India (RBI), called for creating regulatory sandbox to support innovation in...
Jun 04, 2018
Visa, the world’s leader in digital payments, today announced a survey, conducted on Indians exploring awareness and perceptions of biometric authentication confirms that consumers continue to have a...
Jan 16, 2018
Automation and intelligence are being incorporated in almost any business sector today. This integration has resulted in more effective business practices, and presents a new and improved level of...
Nov 27, 2017
The industry’s first payment hardware security module (HSM) was recently launched and as per Gemalto, this will include partitioning as an advanced security feature. This new capability allows...
Sep 27, 2017
Mobile wallet transaction volumes grew nearly three times year-on-year in 2016-17 to become one of the mainstream payment mechanisms in India. The growth accelerated to 170% in FY 17 from 137% in the...
May 12, 2017
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
India will have digital payments worth USD 500 billion by 2020, as per Digital Payments 2020 report by the Boston Consulting Group and Google. As many as 22% of all payments were cashless in India in...
Jul 27, 2016
There is no new ‘vision’ or specific shifts in the just released payment and settlement system vision of Indian central bank Reserve Bank of India (RBI). Instead, the entire thrust seems to be on...
Jun 26, 2016
(For the first article in the series, Why Indian banks need a disruptive approach in digital, click here) India is a young country. The digital revolution in India is just beginning. The young...
May 27, 2016