What is a ‘Fintech-Outreach’ organisation?

Organisations that are into fintech along with a rural reach are known as ‘Fintech-Outreach’ organisations. These ‘Fintech-Outreach’ organisations with fintech capabilities along with the ability to reach rural India faster will have huge opportunities across all the sectors. To begin with they can be very helpful in opening bank accounts. All they need to do...

Cognitive Computing is beginning to impact our lives

As a kid I always wondered if there was a computer that can work like a human brain with all the complexities.  Well it seems like cognitive computing is the answer. Cognitive computing is the stimulation of human thought processes in a computerized model.  It involves self-learning systems that use data mining, pattern recognition and...

The new war has begun – AI vs AI

The advancement of artificial intelligence promises comfort to us, but it us just one end of the stick. There will be artificial intelligence at the other end of the stick to negate this comfort. Very soon we will be deep in a ‘war zone’, in the era of AI vs AI. The availability of low...

RBI seeking to limit customer liability in case of fraud

India is on a rise when it comes to digital payments and so are the digital frauds. There is no enough knowledge on the various types of frauds or rather people are not aware about it. Some of the most common frauds include identity theft, phishing, ransomware, etc. In India last year 3.2 million debit...

Selfie an inspiration to payments technology

What we once thought as a frivolous waste of time has become a source of technology, I am talking about Selfies.  Banks have realised this selfie mania and are providing a selfie feature for account opening and terming it as selfie accounts. Technology is developing rapidly in payments space and biometric authentication is evolving day...

Blockchain For Everyday use – Milk Supply

Let’s say a factory wants to procure milk directly from farmers.  The factory / farmer can set up a fully automated milking machine connected to a large tank where milk will be collected before being transported to a collection point. A Blockchain is set-up with all the required details like farmer’s unique ID number, milk...

How will Blockchain play a role in Real Estate

Blockchain is going to change the way we do business and real estate is on of the many industries that will see great use of it. The biggest problem Blockchain will help in solving is transparency. All the data necessary for transaction like area of the property, price, taxes, etc. will be stored in the...

Harnessing the power of fintech

We’ve entered the most profound era of change for financial services companies since its inception. No firm is immune from the coming disruption and every company must have a strategy to harness the powerful advantages of the new fintech revolution. Banks will lose their competitive advantage to non-banking players if they don’t stay ahead of...