Tag: FinTech

India aims to open finance to millions with user-data system

India unveiled a data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding...

Buy now pay later and its financial inclusion scope

US fintech giant Square recently announced an all-stock acquisition of ‘buy now pay later’ (BNPL) leader Afterpay. The deal, at $29 billion, was at a...

How to make the best of Buy Now, Pay Later

The latest kid on the block is the ‘buy now, pay later’ (BNPL) option. It means that you get to make a purchase right now,...

Can banking be as easy as ordering food online? AI and blockchain may soon make it a reality

When India celebrated the golden jubilee of its independence, more than half the nation was without access to banks. Beginning 2014, in less than five...

This fintech raises 5MDD from unicorn founders and angel investors

Clara, financier for the management of expenses within companies, announced today that it has closed an extension of its most recent Series A investment round....

Pandemic helped drive the goals of financial inclusion: Debasish Panda

The pandemic underscored India’s disruptive progress on the touchstone of financial inclusion, with federal welfare payouts directly reaching the intended beneficiaries in a largely fraud-proof...

Shaktikanta Das, Hardeep Singh Puri key speakers at ET Financial Inclusion Summit

Reserve (RBI) Governor Shaktikanta Das and housing and minister of petroleum and natural gas, and housing and urban affairs Hardeep Singh Puri would be the...

Credit risk funds are shying away from credit risk

A year after the shock freezing of six schemes of Franklin Templeton Mutual Fund, the pendulum has swung in the diametrically opposite direction. Credit risk...

Why is a digital financing alternative for your startup more convenient than a bank loan?

Traditional loans offer fixed amounts, with a fixed rate for a fixed term to be paid in fixed installments. This rigidity forces companies to borrow...

Former officials from RBI, Sebi and IRDAI join law firm Cyril Amarchand Mangaldas

Three former senior regulators, from the Reserve Bank of India, Securities & Exchange Board of India and the Insurance Regulatory and Development Authority of India,...

SIIC team launches challenge to develop indigenous solutions to tackle oxygen crisis

A team at the Startup Incubation and Innovation Centre at IIT Kanpur has launched ‘Mission Bharat O2‘ challenge to bring forward indigenous solutions for solving...

Bridgestone India unlocks 7 million euros in 9 months, helped by digital payment platform Freepay

Pune-based tyre maker Bridgestone India has unlocked around 7 million euros in cash flows in nine months with the shifting of its payment collection process...

Wall Street fumes over last-minute rule from Trump bank watchdog

By Robert Schmidt and Jesse Hamilton Were history a guide, Brian Brooks would be spending the last days of the Trump administration enjoying the Washington...

View: India should attract Chinese investment even while checking it strategically

Without making big national headlines, China’s Gland Pharma launched the biggest initial public offering (IPO) of shares in Indian pharmaceutical history of Rs 6,500 crore...

Why China turned against Jack Ma

In China, Jack Ma is synonymous with success. The English teacher turned internet entrepreneur is the country’s richest person. He founded Alibaba, the closest thing...

Home loan ticket size up to over Rs 26 lakh in 2020 on incentives, non-metro demand growth: Report

New Delhi: The average home loan ticket size increased to over Rs 26 lakh in 2020 despite the pandemic as Pradhan Mantri Awas Yojana (PMAY),...

What bitcoin’s new record means for Wall Street

By Lionel Laurent Bitcoin’s true believers are taking a victory lap after the cryptocurrency’s fresh all-time high of almost $20,000. “Onward and upward we go...

What’s next for the most unfortunate generation? (The millennials)

November 11, 2020 7 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Opinions...

5 fintech trends during the pandemic

70% of the fintech companies that operate in the country are concentrated in Mexico City; however, it is to be expected that due to the...

‘We are not out of woods yet, stick to quality, big names’

Liquidity is taking the markets up and holding it there. Earnings revival is at least two to four quarters away, says Ajay Bagga, market expert....

3 Fintech Opportunities For Entrepreneurs Beyond 2020

The financial services industry has seen severe disruption, but that has only opened opportunities for entrepreneurs to leverage technology to deliver services more efficiently. Grow...

Breaking Down Small Business and Retail’s Shift to Fintech

August 17, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. Tim Draper is a trendspotter most famously known as founder of...

Need to divest stakes in public sector banks in graceful manner, says Viral Acharya

New Delhi: Former RBI Deputy Governor Viral V Acharya on Friday cautioned against fire sale of state-owned lenders, saying that disinvestment should be undertaken in...

Former Wirecard CEO Markus Braun was arrested for a 2nd time in relation to the company’s $2 billion accounting scandal

Reuters Wirecard’s former chief executive Markus Braun has been rearrested in Munich as German prosecutors dug deeper into allegations of fraud at the fintech...

Digital payment transactions in India rise 23% between June 3-July 2: Report

NEW DELHI: Digital payment transaction saw a 23 per cent jump in the past one month, signalling a rebound after the decline seen during the...