banking services – SysArc Infomatix: Digital lending platform offering automation, digitization, and access to FinTech services

India’s Neobanks

Raghavi — Sat, 05 Nov 2022 04:51:36 +0000

The world of FinTech was already undergoing a transformation, even before the Covid-19 pandemic struck. The unprecedented lockdown situation only precipitated the transformation. The digital revolution so far has enabled large scale integrations through APIs to enable a range of services to the customer, be it food ordering, ecommerce, or investments. Though the adoption for…

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Together is better: When banks meet fintechs

Raghavi — Thu, 15 Sep 2022 13:28:56 +0000

When the global economic crisis happened in 2008, there was a sustained narrative of how disruptive and innovative FinTech companies would soon render established banks obsolete. While there has been an undeniable bloom of a variety of extraordinary startups that added tremendous value to the world, the larger picture has been that the old behemoths…

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Transforming digital lending through APIs

Raghu SA — Tue, 24 May 2022 07:39:48 +0000

Platformable, a consulting firm that helps companies and public bodies generate value through the use of APIs, recently published stats on the status of Open Banking which gives interesting insights especially on regional variations as also the products in favour. Two facts stand out- growth in the European region (29%) was driven by the mandate…

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The rise of Embedded Finance

Raghu SA — Thu, 13 Jan 2022 12:45:30 +0000

Though embedded finance is gaining headspace today, it is not a new concept. The traction is due to the recent spike in interest shown by venture capitalists, private equity investors and fintech companies. The changing attitude among banking customers, even among the old, who are now willing to look at non-banking finance, added to the…

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The UPI Revolution

Raghavi — Tue, 15 Jun 2021 15:28:46 +0000

Innovations of yesterday and conveniences of today, and building blocks of more innovations for tomorrow. Today, thanks to the popularization, acceptance, and availability of UPI-based peer-to-peer payments, the world has become a near-cashless place. During the panic-ridden demonetization phase, or during the extraordinary lock-down situation during the Covid-19 pandemic, UPI-based products and services were a…

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Central banks and COVID-19 (Part 2)

Raghavi — Mon, 09 Nov 2020 12:56:46 +0000

In the previous blog, we read about the approach of the US and Indiato the Covid-19-led economic and financial slowdown. In this blog, we will look at two Asian countries, South Korea, and China, as well as the European Union and list out their policies to cope with the economic crisis. South Korea –…

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Why banks must warm up to APIs?

Raghu SA — Wed, 21 Oct 2020 13:24:47 +0000

After enough has been written about the benefits of using APIs for banks, only one pertinent question remains: It now boils down to ‘When rather than Whether’ for API adoption by banks. In that pursuit, the biggest challenge seems to be – ‘how to monetize our API efforts?’ The simple answer is to figure out…

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Digitization of the banking and lending sector in a post-COVID world

Raghavi — Wed, 23 Sep 2020 10:35:17 +0000

“Longevity in this world is being able to reinvent yourself or invent your future.” — SatyaNadella, CEO of Microsoft Corporation We are living through historic times. Stories about the Coronavirus lockdown will be told decades into the future; and things will never be the same for anybody. Every industry in the world has had to…

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Decentralized finance and the banking industry

Raghavi — Fri, 04 Sep 2020 06:16:23 +0000

“Absolute power corrupts absolutely.” — Lord Actor, British historian. Today’s financial world has become too centralized, which has resulted in a few enjoying all the privileges, and many left out of the system. The resulting unrest has birthed a revolution in the making, an antithesis to centralized finance, named aptly as ‘decentralized finance’. Here comes…

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Banking today and tomorrow

Raghavi — Fri, 21 Aug 2020 13:19:40 +0000

What is a bank? Well, the word comes from Italian ‘banca’ that simply means a bench or a counter behind which bankers sit and enable transactions. As simple as that. Cut to today, what does the word bank bring to your mind? The younger you are, the more chances there are that you recall the…

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