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Abstract – Financial inclusion in a simple language can be defined as “Ensuring access to basic banking services (Provided by any bank’s banking services or MNO’s mobile money services)”. The subject ...
"Are you sure you want to do this" Richa asked. I must confess I was not, but decided to go for it and thus started this journey from Mumbai to Singapore and back without single penny cash. ...
The conclusions of the UK’s Open Banking Working Group’s recently released report confirm that once again the UK is a step ahead of its European neighbours. The report’s call for an open banking stan...
Mastercard’s planned acquisition of Vocalink has the potential to create a new payments powerhouse in Europe and beyond. The news of the planned acquisition broke a few days after the Payment Systems ...
The other week we saw the Bank of Japan move to a tiering of negative interest rates against Japanese Yen (JNY) central bank deposits. In Japan the fear of negative returns in Japanese Government Bond...
One thing I love as part of my job is an opportunity to interact with startups; especially those in the financial technology (fintech) space that are challenging the status quo and making the large ba...
The word Omni Channel has a new dimension. Where it used to mean seamless access for a customer across all the channels they wanted to interact with us on, it now means collaboration across other indu...
The fast-paced development of banking technologies, combined with consumer demand for bricks and mortar branches, is creating the perfect storm for the continuation of in-branch banking innovation. Ju...
I am lining up the key characteristics/enablers that I believe make blockchain valuable to supply chain and trade. Next step will be to map these characteristics/enablers with supply chain and trade p...
Do you shop at Amazon.com? Are you aware they have a back door through which hackers can slip in? Let’s look at Eric’s experience with hackers and Amazon, as he recounts at medium.com/@espringe. He re...
In January I wrote that the PSR was one of the things to watch in this year, and I’ve been surprised by the amount of pace they have made in such a short time through their excellent forum. There has ...
RBI (Reserve Bank of India) formally introduced the Financial Inclusion policy during 2005-06 with the main objective of connecting underbanked/unbanked people with the banking system. Approximately, ...