Browsing CategoryTechnology

23 May 2017 While technology firms are venturing into the payments and financial services industry, banks today are constantly upscaling and adopting technologies to reach out to untapped masses. This is blurring the lines between FinTech companies and traditional banks. 1. Rural segment Banks across the domestic and international segment…

21 May 2017 The traditional banking system is undergoing a much-needed digital transformation with changing customer requirements, the need to include the ‘financially excluded’ segment and simultaneous competition from incubators. As an emerging market, the huge untapped financially excluded market in India has space for all—legacy players and incubators—to grow,…

11 May 2017 Over last few years, the world is increasingly making use of technologies in diverse fields. Products and services are being offered in innovative new platforms which are more efficient and integrated. At the same time, technological advancements are leading to reorganization of delivery of societal goods like…