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Posted on: January 12, 2022
When both Google Pay and PhonePe use the same Unified Payments Interface or UPI platform, someone with a Google Pay account can now send money to someone with a PhonePe account. A similar experiment is being planned by the government
Learn MorePosted on: January 12, 2022
Over the last decade, Indians witnessed several notable changes in every sector. Digitization of almost all the sectors was happening pretty fast and the pandemic kind of boosted that process a lot more. From buying groceries to shopping for festivals,
Learn MorePosted on: January 12, 2022
With advancements in technology and policies, almost every sector started depending on AI and technology heavily. The banking sectors are in the initial stage of incorporating technology in their framework but digital lending practices are already taking over the market
Learn MorePosted on: December 16, 2021
The constant innovation and up-gradation of technology have already started a huge revolution in all the business sectors. When it comes to keeping savings in a bank account, people were quite skeptical about trusting the banking bodies even around a
Learn MorePosted on: December 15, 2021
Whether you are thinking of getting a certain device from Amazon or if you are thinking of watching a new series on Netflix, whatever you look for in the search engines is saved. You keep on seeing pop-ups and advertisements
Learn MorePosted on: November 21, 2021
The Reserve Bank of India (RBI) introduced the account aggregator framework on September 2, 2021, a financial data sharing system that will make financial data more accessible and give consumers control over their own financial data. By democratizing data access, this
Learn MorePosted on: November 21, 2021
After the Indian government’s long-awaited account aggregator framework went live with four Indian banks, Infosys chairman Nandan Nilekani stated that “the technology has the potential to be used across numerous use cases, similar to how the unified payments interface (UPI)
Learn MorePosted on: November 20, 2021
Consider the situation when you require a small loan that banks and other financial institutions are unable to provide due to a lack of credit history. Imagine a financial app that checks your timely bill payments and provides you with
Learn MorePosted on: October 25, 2021
In India, digital lending has progressed far beyond account aggregation and B2B loans. For many of India’s lending tech entrepreneurs, the Indian customer is quickly becoming the low-hanging fruit. Due to low income growth over the previous year, India’s digital
Learn MorePosted on: October 25, 2021
PayPal was one of the greatest winners during the pandemic, as more people used digital payments to avoid physical contacts, such as using plastic cards and cash. PayPal claimed in its most recent investor meeting that the company’s rapid expansion
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