Over 50 percent of the trading requests from users under 30 years of age – Tier-II, Tier-III cities including Patna, Guntur, Kota, see maximum traction in trading – Built-in Brokerage Calculator helps discover the transaction charges & exact breakeven price to sell stocks profitably India’s homegrown digital financial services platform …
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Cloud based EIPPplatform FreePayreconciles payments2Xfaster; reduces Daily Sales Outstanding by 9 days Addressing delays in invoice collections and in offering real time discounts to its 6,000 strong dealer network across India, home grown brand Goldmedal Electricals has automated more than 70 per cent of its Account Receivables (AR)through B2B Fintech …
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~ Step towards email communication and collaboration solutions is helping NBFCs to progress ~ IceWarp, a global leader in developing email communication and collaboration solutions have empowered NBFCs in India with its secured, streamlined and seamless team collaboration tools. NBFCs have turned to IceWarp’s solutions to break the ice for …
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The COVID-19 pandemic has given a fillip to the adoption of digital payments as more and more consumers realized the benefits and convenience they have to offer. Finance Minister Nirmala Sitharamantoday proposed a Rs 1,500 crore scheme to develop, promote, and accelerate digital payments in India, following the sharp …
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The speed at which the BFSI industry is evolving when it comes to regulation, customer behaviour and technology – coupled with the Covid-19 crisis – is a clear sign that the future of the financial industry will not be the same as the past. As the financial institutions find themselves …
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Sandeep Anandampillai, Co-Founder & CPO, Crediwatch explains how alternative data and insights could revolutionize the entire credit ecosystem There are approximately 63 million MSMEs in India, a majority of whom have sparse data and an almost negligible digital footprint. Does that mean that a lack of substantial digital …
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India’s simplest app to buy and sell cryptocurrencies Aims to on-board 50 million Indians into crypto this year ▪ 60% of the Indian population found it extremely challenging to invest in crypto: CoinDCX Survey ▪ Eyes mass adoption among novel crypto investors; especially millennials and Gen Z ▪ Allows users …
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After IndusInd Bank, Suryoday Bank partners to offer the service benefits India’s homegrown Paytm Payments Bank Ltd (PPBL) has today announced its partnership with Suryoday Small Finance Bank to facilitate fixed deposit services to its account holders. The payments bank has already been offering fixed deposits service in collaboration with …
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Sandeep Anandampillai, Co-Founder & CPO, Crediwatch feels that RBI’s directives for risk management coupled with cutting-edge technology could provide the silver lining for banks plagued by bad accounts and loan fraud As per the Reserve Bank of India’s (RBI) Financial Stability Report of July 2020, the gross NPA …
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Mumbai – 30thNovember, 2020: State owned Union Bank of India has achieved another key milestone under the amalgamation process of three banks. With today’s IT Integration, all branches of erstwhile Corporation Bank (including service branches and specialized branches) have been fully integrated with Union Bank of India. All customers of …
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