Banking: Page 7

Technology

Singapore Startup Fractal Inks Deal with Filipino Fintech to Serve the Country's Unbanked Population

The tie-up would solve a big problem for 45 per cent adults in the Philippines, who say documentation requirements are a major barrier to opening bank accounts

Finance

Powering Next-Gen Digital Banking Using Open Banking APIs and Blockchain Technology

Embracing emerging tools like distributed ledger technology and layering it atop the core banking systems using APIs (application program interface) will allow banks to create a robust yet agile digital platform and disrupt their own business models, instead of sitting on the sidelines watching the challengers disintermediate them

News and Trends

India Post Payments Bank Rolls Out Aadhaar-Enabled Payment System Services

Communications minister Ravi Shankar Prasad asked the differentiated bank to increase its bank accounts count to 5 crore by 2020 from 1 crore at present

Finance

Why Converting a Payment Bank to a Small Bank is a counter-intuitive idea

If such failing and non-profitable payment banks are allowed to lend, the capital would no longer be available

Finance

Waking Up To The Future Of Banking: UAE Fintech Startups Take On The Challenge Of Financial Inclusion

Entrepreneurs in the UAE highlight banking services, and in particular the obstacles to opening a bank account, as their number 1 challenge according to entrepreneurship advocacy white paper released by Dubai Chamber and Roland Berger in 2018.

News and Trends

Amid Ongoing Liquidity Crisis, Union Budget 2019 is a Sight of Relief for NBFCs

The minister acknowledged the efforts of the NBFCs, who play an important role in sustaining consumption demand as well as capital formation among the MSMEs

Finance

How To Use Your Offshore Bank Account To Maximum Benefit

South Africans are allowed offshore bank accounts – with benefits. Here's how to make the most of them.

Finance

How to Improve the Chances of Getting an SME Loan Approved

Alternative credit scoring based on digital data provides lenders a more holistic view of a borrower's creditworthiness and associated risks for credit underwriting

News and Trends

Here is Why the Road Ahead is Bumpy for the New Finance Minister Nirmala Sitharaman

Experts are looking forward to how the new FM will revive the economy from the slowdown

Technology

Here's Why One of India's First Neo Banker is Optimistic About Open Banking in India

Technology will soon make traditional banking system redundant but is India ready for it?

Growth Strategies

What Does the Underbanked Population Need?

Unbanked population in India offers a plethora of opportunities the only thing is to in cash those

Technology

#5 Neo Banks that are Changing the Way India Does Banking

According to a report published by Allied Market Research, the global neo bank market is growing at a CAGR of 50.6 per cent during the period 2017-2020.

Finance

How Sasfin Bank Is Beyond A Banking Platform – The Evolution Of B\\YOND

From opening a business bank account in one day to advanced business analytics at the touch of a button, B\\YOND is asking business owners what they need most from a banking platform - and delivering on it.

News and Trends

Will Traditional Banks Survive Hong Kong's Digital Banking Move?

The region's Monetary Authority has granted first batch of virtual banking licences, catches up with Japan and China

Finance

Shattering the Glass Ceiling in the Banking Sector

The saying"Once a glass ceiling is broken, it stays broken", goes best for the women who have