9085 Results
Retired Member
As we have learned, embedded finance refers to the integration of financial services into non-financial products and services, such as retail websites, mobile apps, and even physical products. In other words, it is the process of making financial services more accessible and convenient for consumers by embedding them into the products and services...
10 February 2023 /payments Banking Strategy, Digital and Transformation
The buzz around SME or MSME Lending has been around for quite some time. For the uninitiated, MSME is Micro, Small & Medium Enterprises. To give you a perspective, Government of India defines enterprises with revenue not exceeding Rs.5cr as micro, those between Rs.5cr to Rs75cr as small and Rs 75cr to 250cr as medium sized businesses. Major co...
10 February 2023 /wholesale /inclusion Small Business Lending Innovation
Finance Minister Nirmala Sitharaman tabled the Union Budget 2023-2024. Like previous Union Budgets, this fiscal year focuses on Inclusive Development (financial inclusion of small Businesses and support ease of doing business), promoting Public-Private Partnerships, Skilling (teaching-upskill), and setting off medium to long-term national develop
06 February 2023 /regulation /startups Regulatory Reporting
The carousel of financial sector regulations must continuously turn to keep up with an evolving space. As new technologies come along, new threats follow. In 2022, cyber attacks continued unabated, with a report showing that more than half of financial firms were hit by ransomware in 2021. Crypto assets have also changed the financial landscape ad...
02 February 2023 /regulation
Digital wallet innovators are integrating modern services into ecosystem platforms and transforming economies in the process. Across the globe, mobile wallets are driving inclusion by providing financial access to previously underserved communities—as well as providing huge opportunities for industry growth. Digital wallets bring modern services to...
01 February 2023 /payments /crypto Fintech
In our family 2 inch gaffer tape is known as 100mph tape. The name is a throwback to the days when my dad used to rally. Anyone who has rallied will know things break and fall off, and rallying isn’t a sport with a pit with a team of fully equipped mechanics around every muddy turn or conveniently positioned in every forest, so much of the time yo...
01 February 2023 /wealth /predictions Fintech
On a regular basis, companies board on transformation initiatives that help them in improving the performance of operations, helping to meet industry obligations, address regulatory or key performance issues etc. Once these projects are fully implemented and in use, it is the people who need to learn to adjust to the new requirements of their task...
01 February 2023 Change Management
Introduction to Fintech as a Service (FaaS) Fintech as a Service (FaaS) is a business model that enables companies to outsource financial technology (fintech) services to a third-party provider. This model provides companies with a more flexible and cost-effective way to access fintech services and improve their financial operations. Let's explore...
01 February 2023 /security /wealth Financial Transformation
Many entrepreneurs have gotten stuck on deciding whether to build or buy fintech software. While a personalized solution might appeal to customers, not all startups have the budget to invest in building a customized solution. However, buying a ready-made solution might be less cost-intensive when starting up, the software might now scale well with...
31 January 2023 /retail /startups Banking Strategy, Digital and Transformation
APIs provide rapid and scalable applications for banking, payments, and other businesses that require identity verification for AML and KYC compliance. In most countries, some firms are obliged by law to comply with AML and KYC. When such firms authenticate their consumers, APIs may provide a faster, simpler, and less expensive way to comply while ...
30 January 2023 /security /identity Banking Strategy, Digital and Transformation
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.