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Posted on: May 24, 2022
Brief Footnotes of the Policy The latest Niti Ayog policy offers a roadmap for digital bank licensing and India’s regulatory framework. It gives a summary of recent developments in the area of financial inclusion and the rapid strides India has
Learn MorePosted on: May 24, 2022
Around 253 million people use Apple Pay all over the world. There has been a lot of interest in this technology, but it hasn’t spread as quickly as some people would like. There are only 25 countries that have been
Learn MorePosted on: May 24, 2022
After the global economy was put on life support during the pandemic, OCEN sparked a lot of interest in the financial world. It was first introduced as part of IndiaStack in 2020 by Infosys CEO Nandan Nilekani and is still
Learn MorePosted on: May 24, 2022
Consumers are being empowered by fintech companies to take control of their financial lives. They are increasing financial literacy by raising financial awareness. It is destroying the monopoly that traditional banks once had by making it easier for consumers to
Learn MorePosted on: April 20, 2022
The Reserve Bank of India has recently released digital banking units (DBU) establishment norms. This comes after the finance minister announced the objective of establishing 75 DBUs in 75 districts to observe 75 years of independence of the nation. In
Learn MorePosted on: April 20, 2022
B2B marketplaces are experiencing a radical change, where sectors like retail and e-commerce have marked significant uptake. Evolution of UPI, the introduction of account aggregators, OCEN, and what’s next? Embedded Financing! Embedded finance is the rapid developmental wave that has
Learn MorePosted on: April 20, 2022
OCEN, which has been in the news for a long time, has been called the next big thing in lending. The main goal of OCEN, which is pronounced O-Ken, is to put in place a set of frameworks and rules
Learn MorePosted on: April 20, 2022
Financial services in India are seeing unprecedented unbundling of products and services. Historically, financial institutions such as banks were in charge of the full lending value chain, including acquisition, appraisal, and capital. Throughout the lifecycle of a loan, borrowing was
Learn MorePosted on: February 28, 2022
Every business or entrepreneurship faces unavoidable obstacles and is no different for the novel Fintech industry. Grabbing the attention of potential customers and seeking their long-term loyalty happens to be the main hurdle for this specific venture. Fortunately, technology has
Learn MorePosted on: February 28, 2022
The pandemic has already boosted the usage of UPIs and more people are choosing it as a payment option over the traditional ones. While this UPI has started to revolutionize the payment options in the country, AA or Account Aggregator
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