Fintech
Fintech News
Two-wheeler lending: How Fintech is powering growth by ushering in a new era of customer convenience
With domestic two-wheeler sales volumes expected to recover to above pre-Covid levels in FY2022-23, financial technology enabled lenders are playing a crucial role in driving this resumption in domestic consumption
How fintech platforms are making student loans accessible and affordable
Fintech companies have revamped the student loan industry. Through a tech-first approach and an insistence on innovation, they have made this field inclusive and accessible
FinTech apps: Innovative technology to offer banking facilities to marginalised people
FinTech paves the way forward, catering to the unbanked population world over by acquiring data that gives rise to solutions that are instant, stable, secure, and sustainable. Revolutionising the way businesses will serve these customers in the future
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
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
Time for fintech revolution with low-cost, reliable payment system, says PM Modi
Speaking at the InFinity Forum, he said technology is bringing a big shift in finance, and mobile payment last year exceeded ATM withdrawals.
Paytm Rs 18,300-crore IPO subscription to open on 8 November
The company has filed papers with markets regulator SEBI and is planning to get listed on 18 November
Fintech firm for merchants, BharatPe, raises Rs 50 crore debt from Trifecta Capital
The debt raised will help further build the lending business and enable credit for millions of businesses across India's length and breadth told BharatPe co-founder and CEO Ashneer Grover.
COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggle
Funding in Indian tech-led startups rose by 14 percent in the first quarter of 2020 as compared to the same period last year, yet only 16 percent startups and SMEs have cash to survive for more than three months, revealed a recent survey
Fund raising activity goes 'cold' in India; PE, VC investments may dip up to 60% in 2020 due to COVID-19: EY
In the past few years, fund raising activity has been touching record highs, and grew 28 percent to $48 billion in 2019.
Coronavirus outbreak: Now, Microsoft latest among firms to ask staff in Seattle area, Silicon Valley to work from home
Microsoft asked many of its employees in the Seattle region near its headquarters and the San Francisco Bay Area to work from home if possible until 25 March
Uber sets up over 100-staff strong Uber Money team in Hyderabad; to focus on implementing new payment methods
Besides Hyderabad, the Uber Money team also has a presence at San Francisco, Palo Alto, New York and Amsterdam tech centres, Uber said in a statement.