Fintech has become an umbrella term that covers a host of companies using an amalgamation of software and technology for providing financial services. It has garnered attention in all industries including banking, insurance, wealth management, etc. Fintech solutions have changed the world in a way wherein now many businesses are trying to take valuable business […]
How Cloud Technology Can Future-proof Digital Payments
The days when digital payments were used only for online shopping are gone. In the last few years, there has been a steady increase in digital payments even in brick and mortar shops and pavement shops. Digital payment is becoming a new norm even for common money transfers between two parties. With the restrictions in […]
Finezza – The New Technology Partner of CredALL
Credit Democratisation Alliance or “CredAll” is a collective of varied ecosystem players, all of whom share the common dream – to democratise access to formal and affordable credit for small businesses and individuals. Large swathes of individuals and small businesses have been deprived of formal credit due to various reasons like living in rural areas, […]
Fraud Detection and Prevention in the Fintech Space
The Fintech industry is leading the digital transformation among all the industries. Gone are the days when customers visited physical branches of banks or NBFCs for every operational and transaction need. Today, almost all banks and NBFCs provide online services through multi-channels like web, mobile, tab, pos machines, ATMs, smartwatches, smart voice assistants, etc. However, […]
Virtual Banks Tapping Into the Vast Unbanked Sector in 2021
India has a fairly high economic growth compared to other developing and even some developed countries in the world. Despite this, the truth remains a major part of India’s population still remains unbanked. Consequently, financial inclusion has always been the major goal of the Government of India and the economic policies have been framed keeping […]
Can Neobanks finally find the path to Profitability in 2021?
The digital acceleration in retail banking has given rise to the generation of digital-only banks a.k.a. neobanks. These banks exist only in cyberspace and have no brick and mortar branches. These neobanks interact with their customers through digital channels and also focus more on the customer experience which differentiates their offerings from the traditional banks. […]