Loading...
Posted on: June 9, 2022
Following the phenomenal success of the Unified Payments Interface (UPI) mobile payments platform, India is embarking on the next step of digitising its financial services sector. The possibilities are limitless, but so are the challenges. An increasing NPA burden has
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: 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
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
Learn MorePosted on: February 28, 2022
There is no denying the fact that India is starved of formal, affordable credit. The traditional credit flow is inefficient for decades. A multitude of reasons such as collateral baggage, small-sized credit requirements, high credibility, and more have hampered sectors like
Learn MorePosted 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: 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 More