Page 18 - Fintech

Covid-19 opens new doors for fintechs as users shun cash deals for digital

Companies report spike in transaction via android apps as merchants opt for contactless payment systems

Ahead of IPO, SBI Cards sees fintechs, UPI as formidable competition

SBI Cards expects competition to intensify in future

Uber creates a fintech team at Hyderabad for global tech innovations

The Hyderabad-based team will be involved in enabling upcoming new global features and improvements, including real-time earnings

Flipkart digs deep into India's fintech market; clocked 40% growth in 2019

From providing consumer credit, device insurance to seller financing, Flipkart's fintech category grew 40 per cent in 2019.

Fintech brands Nexus, EZETAP map customer experience, set the tone for 2020

Using proprietary models, AI, mixed reality solutions and a suite of products and services that cater to the unique needs of target audiences

Cashe may become a digital bank in five years, says CEO Ketan Patel

Patel on how the fintech company plans to build its business, get a small finance bank licence

How recent snooping incident may affect the launch of WhatsApp Pay

An Israeli spyware was used to snoop of some 1,400 people globally, including 121 Indian citizens. Listen to the podcast to know how this incident might affect the launch of WhatsApp's payment service

Fintech start-up offering tools to reduce credit risk raises $3.2 million

Less than 15 per cent of the 50+ million small businesses in India have access to formal credit

Kerala Startup Mission, UK fintech firm tie up to help local enterprises

Pact is aimed at creating an open-innovation ecosystem and solutions for future financial services in retail banking, transaction banking, lending and treasury and capital markets

Fintech committee recommends new legal framework for consumer protection

The Steering Committee on fintech-related issues has also suggested cash flow-based financing for micro, small and medium enterprises

Statspeak: Four reasons why FinTech adoption remains on the rise

FinTech challengers are looking less like start-ups and more like professionally managed companies

Tax sops, funding access: What fintech, start-ups expect in Budget 2019

The government needs to attack on the front foot by easing liquidity conditions and bringing in needed regulatory changes to aid job creation, said Bhupinder Singh, CEO and founder, InCred

Neo-banking start-up Open raises Rs 210 cr from Tiger Global, others

Plans to use funding to scale up team, launch more products and value-added services, expand reach to one mn SMEs in next one year

Fintech players expect govt to opt for market-driven approach to pricing

To broaden the presence of digital payments and enhance volume of transactions, a high-level panel led by Infosys co-founder Nandan Nilekani has recommended reduction in costs

Fintech firms may cause significant disruption to financial system: Lagarde

Rapid development of financial technology has raised concern about the increasing dominance of big technology firms in mobile payments, said Christine Lagarde

How fintech firms are disrupting the corporate banking ecosystem

The new age companies use different tenets of digital technologies to keep them agile and keep the business model transparent to service the digital savvy customers effectively

RBI releases draft framework for regulatory sandbox to help fintech space

The sandbox will begin the testing process with 10-12 selected entities focusing on financial inclusion, payments and lending, digital KYC, etc

Digital loans soar on faster adoption by millennials, low-salary customers

Fintech start-ups like CASHe, Early Salary, Loantap, NIRA Finance are witnessing robust loan demand on their platforms

Electronics Ministry, TN govt to jointly build start-up fintech centre

Centre will be set up under STPI's present incubation programme TechNEST, will function in a two-tier mechanism for monitoring and operations

Fintech firms may see curbs on consumer credit data access: Experts

Various fintech firms have opted for credit scoring partnerships to facilitate lending in online marketplaces like Bankbazaar