With technology in place for reaching out the fintech space will continue to expand its footprint, with many players in the foray. This means that personalising customer experience is the topmost priority for any fintech player to compete in any domain says Rahul Sekar, Cofounder & CTO, Shubh Loans in an interview with Rashi Aditi Ghosh of Elets […]
India
India’s About to Hand People Data Americans Can Only Dream Of (Saritha Rai, Bloomberg)
India has more than 560 million internet users, all generating data by the terabyte. Soon they’ll have an unprecedented amount of control over their digital financial footprints, with the ability to decide what to share, with whom, and for how long. India’s top banks are getting ready to roll out a system that gives consumers […]
Fintech and Traditional Bank Collaborations and Open Banking Are Becoming More Prevalent Globally (Omar Faridi, CrowdFundInsider.com)
Traditional bank and Fintech collaboration and Open Banking are becoming quite common for financial institutions throughout the world that are planning to update their product offerings for small and medium-sized businesses (SMBs). India-based private lending institution SBM Bank recently teamed up with PayNearby to introduce various Open Banking solutions for each others’ clients. SMB Bank and PayNearby have committed […]
State Bank Of Mauritius Signs MoU With PayNearby To Build Open Banking Network (expresscomputer.in)
SBM Bank (India) has signed an MoU with fintech startup PayNearby to build an open banking network towards delivering basic banking solutions as well as advanced financial services to the customers. The partnership would enable the bank to offer complete suite of digital and assisted banking solutions through PayNearby’s exhaustive network of micro-enterprise and retail […]
India’s Top 30 Fintech Influencers 2020 ( Fintechnews Singapore)
ver the last five years, the Indian fintech industry has reached new heights both in terms of funding received and fintech adoption. This year, India is neck and neck with China on consumer fintech adoption with both their percentage of fintech users at 87%, according to EY’s Global Fintech Adoption Index 2019, and in Q2 2019, […]