Let’s look at 5 benefits of real-time payments.
Let’s find out how new technologies and increased collaboration among FinTech companies will impact the payments industry in 2019.
Driven by evolving habits of customers,the payments industry is growing rapidly. Here are 7 key trends that are redefining the future of payments.
The demonetization drive of November 2016 had a profound impact on the people of both rural and urban India, significantly changing the way in which they transacted money. While the adoption of e-wallets and other digital payment methods were low before demonetization, the months after saw a sharp surge in the popularity of digital finance. […]
The success of a banking digital journey is an accepted truism. A user friendly banking solution underpins the successful digital transformation. A Boston Consulting Group study found that digitalization has resulted in 20% increase in revenues and 30% decrease in expenditures. A holistic digital transformation is said to have resulted in 12% reduction in cost-to-income […]
Technology has completely disrupted the banking industry with digitization becoming a strategic focus. banking in 2018 will undergo a radical change. It is indeed a far cry from those physical registers and human tellers manually counting your money. Now cash is almost invisible with plastic and cryptocurrencies enabling real time transactions across borders. Let us […]
The Industrial Bank of Kuwait delivers specialized services to support industries and corporates in Kuwait. It provides long term and medium term financing for establishment, expansion and modernization of industrial units in the country. The bank decided to move to the new Finacle Core Banking System to enable delivery of digital services All banking institutions […]
Balaji Jagannathan spoke at the CII sponsored, Tamil Nadu Finance Conclave about risk mitigation in digital payment processing. His address elucidated the future trends and challenges in a digitized payment landscape. TN Finance Conclave is an annual flagship event of CII Tamil Nadu that has the participation of Heads of Finance from various organizations across Tamil Nadu. […]
Digitalization of payments has emerged as a transformative force for small and medium entrepreneurs in India. In 2016, India launched its Unified Payment Interface which allowed seamless instantaneous money transfers across banks on its network. Savvy banking institutions developed their own Apps on the UPI infrastructure to improve their customer reach and experience. So, for […]
Gen C or Generation Cloud is the new buzz word around the cyber-sphere. But unlike millennials, Gen C is not constrained by age or an era, but are the sum total of their attitudes. They are passionate about the connections, community, content and curation. Relying on peer to peer interactions for decision making, Gen C […]