Fintech

Why imparting financial literacy to kids to develop money personality in them is important

With easy access to products and services, kids are not only prone to spending more but are also vulnerable to online frauds

RBI Governor urges ombudsman to be sensitive, judicious while redressing customers' grievances

The Governor said the RBI Ombudsmen and the regulated entities (REs) must first identify the root causes of persisting customer complaints and take necessary systemic measures to correct them

Innovation in the business of investing in India: An overview

While keeping aside a few thousand rupees from the monthly income was a regular habit, investing it for wealth management wasn’t a priority

Should you bank with the so-called neobanks?

Neobanks are still growing and developing to make a name for themselves and so it'll take some time for them to gain the same trust from customers as they have for traditional banks

India, Singapore hold 16th round of Foreign Office Consultations; emphasis on multi-faceted relations

The delegations discussed enhancing cooperation in a number of areas, including, trade and investment, startups and innovation, fintech, smart cities, infrastructure, skill development and connectivity

Big tech firms offering financial services pose risk to financial stability: RBI

Big techs can scale up rapidly and pose risk to financial stability, which can arise from increased disintermediation of incumbent institutions, RBI stated

Forget Your Phones & Cards, Now Pay With Microchip Implants Embedded In Your Hands

How FinTech will shape up in 2022

The current focus of the RBI is on – regulating licensing of payment aggregators, regulation of payments data, and discussions around regulating cryptocurrency and digital lending.

Fintech allows small players to compete, rewards those that effectively address consumer needs

With real-time banking capabilities getting enhanced by Fintechs, it has led to higher visibility of cash flow making banking services more effective

How API banking is creating a strong relationship between banks and fintech companies

Banks are now convinced that in order to extend their banking solutions and achieve true financial inclusion beyond their own channels they need strong partnership with Fintech with API