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It’s Never Been Better, Say Fintech Startups in India
One month of demonetisation has brought about an unprecedented surge in business volume for startups connecting customers with vendors cashlessly via a mobile wallet or simply a payment gateway.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Mobile wallet firms see positive impact from new authentication rule in India
The removal of two-factor authentication for card transactions below Rs2,000 has made it easier for credit and debit card users, but digital wallets do not have much to worry from the change, industry executives and analysts said.
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- Technology
- Region
- South Asia
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Stellar Partners ICICI Bank, Enables Blockchain Money Transfers in India, Africa and Philippines
Stellar, the open blockchain platform and non-profit payment protocol has unveiled a slew of new partners including, notably, India’s largest private bank by consolidated assets ICICI, to bring low-cost, near instantaneous remittance solutions in India, the Philippines, Africa and Europe.
- Categories
- Technology
- Tags
- blockchain, fintech, remittances
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Financial Inclusion Forum: The Technology Revolution
Technology was a recurring theme during the recent Financial Inclusion Forum. Eugene Amusin, chairman of the event, points out that while fintech is an enabler – it can decrease costs, providing new entrants with a competitive edge over incumbents who have legacy systems – there is a risk of new technology looking for problems to solve vs. creating technology to address identified obstacles.
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- Uncategorized
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Paytm to merge its mobile wallet service with its payments bank in India
One 97 Communications, the parent company of digital payments provider Paytm is preparing to merge its wallet service with the eponymous payments bank-- the licence for which is owned by its founder Vijay Shekhar Sharma— once it receives regulatory approval.
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- Technology
- Region
- South Asia
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How Catalyst Fund Helped PayGo Energy Build a Foundation for Growth
As startups move past a proof of concept and start to scale, they require whole new sets of systems, operational processes and skills that will allow them to grow and expand. A well-thought-out backend system can help make the transition, but building it requires a team with the technical expertise to implement the right changes.
- Categories
- Finance, Technology
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- fintech, microfinance
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Grameen Foundation lndia Launches G-LEAP e-Learning App
Grameen Foundation India, a technical services provider dedicated to advancing financial inclusion, launched Grameen Learning Program (G-LEAP), a first of its kind e-learning app for microfinance institutions which enables any-time, any-where learning. Powered by Handytrain, the app will help organizations train frontline microfinance staff and agents quickly and cost-effectively, anywhere and at anytime.
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- Technology
- Region
- South Asia
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Indians Skipping Plastic Money, Leapfrogging to Mobile Wallets
Unlike the West, Japan and China, which slowly graduated from landline to cordless to cellular telephony and from cash to plastic to mobile payments mode, India has virtually skipped the intermediate stages — cordless telephones and plastic money — of this technological revolution and jumped into cellular telephony and digital banking transaction.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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