Customer detail protection, can bank own it?

With increasing risk of getting fraudulent calls, now customers must do verification of the caller to check whether they are calling from the hashtag#bank/credit card department. I just did it […]

QR code for India, opening new avenues.

Quick Response (#QR) Code is still an under utilised tool in India. It has immense potential to transform shopping, payments, collection, as ID card, #Language and #Education barrier, in #FinTech […]

Visiting Card as Payment Instrument..

#VisitingCard as #Payment Instrument.. Every Visiting card has a potential to become a #payment and #acceptance instrument. How? http://www.raisedconnection.com/ Get the #BHIM QR code printed on your visiting card, it […]

A digital dilemma for rural customers.

At times few questions comes to my mind for #Digitalisation and “#FinTech for #Inclusion” for people living in rural areas or lower tier places where transaction infrastructure is yet not […]

Blockchain Vs. Babudom Indian Banks..

#BabudomVsBlockchain. Today Banks and other Financial Services Provider are swaying between #Babudom and #Blockchain and other technology. Babudom at physical branch level where banks have different manuals to Operate and […]

Businesses of the Future..

#Business of The future” especially for #FinTech, is #Platform and #Aggregator business. Standalone products will not survive unless operating in a niche segment or having licenses as an entry barrier. […]

Easy credit a help or evil..

Is #EasyCredit a Good Thing? I would say NO. While it depends on the income level of the person and the “Need”. But in all other cases its an evil. […]

GSTN and Flow Based Lending simplified..

#GSTN can be a great platform for “#CashFlow Based Lending”. #FinTech companies especially in SME lending can start creating products around it. Any Small and Medium Business can choose to […]

New age banking and Next Generation Catch..

#Catch & #Engage the Next Generation with your Financial Services. How??? Banks and Financial Institutions must realise that the #NextGeneration doesn’t need, #FinancialServices as “Service” but as “Experience”. If you […]

Open API banking, and Data Democracy.. 

Why can’t my #Bank share my #Transaction data with companies I authorise or provide consent to ? But many sales organisations including banks’ internal staff/department use it to #Crossell their […]

Ling Shou Tong by Alibaba in China..

This is what I have been saying for long, #Retailers need integrated services with analytics and supply and not part services like one company offering #Payments, another offering #Analytics and […]

Fintech training to Fusion Micro Finance Institution.. 

Delivered #TrainingSession for Fusion Microfinance Institution on #FinTech and How “Digitalisation can Benefit  MicroFinanceInstitution”. Discussed and Suggested #ProductDesign using following : – Unified Payment Interface (UPI) – E-Kyc – Mobile […]

Important question for any Start Up. 

My suggestion to any #StartUp is find answer to the following question.  “Who Will Pay (Identify customer and consumer), For What (The Problem) and How much, for your Solution “. […]

Alternate use of Bank ATMs

Leverage on Bank ATMs. Can Banks tie up with Non Financial service providers/Government? There are approx 2 Lakh ATMs in the country, i.e “2 lakhs Electronic Machines, mostly with Internet […]

Financial Inclusion Myth Buster..

#FinancialInclusionMyth Buster – Increase in number of Smart Phones in a Country is not Directly Proportional to Financial Inclusion that a country may achieve. Well it may assist as a […]

FinTech will Stay for Long, Don’t Worry..

Why “#FinTech is here to Stay for Long” and Payments will Evolve bringing Ease, Efficiency and widen its base for under served population. FinTech start ups have taken some profit […]

FinTech for Micro Lending through Smart Phone..

#FinTech for #Lending through #SmartPhone.  A Mobile Device can be the best Assessment &  #Distribution mode of #MicroLending.  It knows and Aggregates personal information more than any other device.  Any […]

Global Payment System on line with AePS.

Can #AePS (Aadhar enabled Payment System),  #IndiaStack,  #UPI, #E-KYC, #Interoperable Payment systems happen in other Countries too,  through their National ID proofs or anything Similar to what we are doing […]

IndiaStack and FinTech Revolution..

#IndiaStack and #FinTech revolution. I will try to Analyse how IndiaStack will/is changing the way we #Transact. Allow me to pick up the #PresenceLess layer for Today’s analysis. Aadhar has […]

Financial Inclusion Myth Buster..

#FinancialInclusionMyth Buster – Increase in number of Smart Phones in a Country is not Directly Proportional to Financial Inclusion that a country may achieve. Well it may assist as a […]

FinTech will Stay for Long, Don’t Worry..

Why “#FinTech is here to Stay for Long” and Payments will Evolve bringing Ease, Efficiency and widen its base for under served population. FinTech start ups have taken some profit […]

Aadhar for Credit Rating Check, Possible ?

One of the Issues in #IndividualLENDING for Rural People is lack of their Credit Score” and hence repayment credibility. #FinTech4Lending – I Forsee that, If “Aadhar is Linked with PAN”, […]

Big Challenge, Small Finance Bank

#BigChallenge4SmallFinanceBank – RURAL People may not put their Savings where they have parked their Liabilities. How to deal with it ? “Small Finance Bank #SFB Strategy” Well drafted regulations to […]

Payments Bank Strategy – Its Not Fair

The “PAYMENTS Bank Strategy” (Personal View) – With current set of regulations unless relaxed, I Foresee that Payment bank will Either “Cease to Exist or Become a Small Finance Bank […]

Alternate use of Bank ATMs

Leverage on Bank ATMs. Can Banks tie up with Non Financial service providers/Government? There are approx 2 Lakh ATMs in the country, i.e “2 lakhs Electronic Machines, mostly with Internet […]

Payment Tools & NPCI

With so many “Payment tools and Methods” being introduced recently by NPCI, the margin for – Aggregators, PSPs, FinTech companies & Banks have gone down. This will take this ‘Industry […]

UPI 2.0 and Pay Through EMI Option..

Can UPI 2.0 – With “Pay through EMI” option increase the “Loyalty of a Customer” with an Outlet ? Be it with restaurants, Stores etc . If I am a […]

InsureTech & FinTech can Go Hand in Hand

“InsureTech & FinTech” can have a smooth ride on IoT and AI. Linking all these things with “India Stack” elements can expedite and give Insurance sector a much needed push. […]

eKYC in Hotel Industry

Can “e-KYC” work for HOTEL industry ? The hotel needs to keep a physical record of all resident guests, so now a guest can be AUTHENTICATED, Verified and Registered, using […]

QR code & UPI in Restaurant ?

Use case of QR & UPI in Restaurant/Hotel business. After having my meal can I get a DYNAMIC QR on my hard copy Bill, which I can Scan with my […]

Offline to Online P2P Lending

Can we Digitise the “Offline P2P LENDING” ? An individual lender gets access to a CRM by a company which in turn charges a small fee for automating the collect […]

Payment + is the Way Forward ..

Payment companies now have to offer more than just payments to businesses. It should be CRM+ Payments+Customer analytics+ feedback mechanism + many more things. Payments will be the backbone but […]

Bharat QR Code and Payments

BharatQR code will DISRUPT the PAYMENT system by reducing the Merchant and Banks’ investment in Payment acceptance INFRASTRUCTURE. Indeed a great move however now Merchant (Offline retailer) Acquisition doesn’t remain […]

WiFi on PoS Terminals

How to address Internet connectivity issue for customers.. The PoS can enable wifi through POS terminals, so that even if a person doesn’t have internet connectivity s/he can use the […]