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Tuesday, November 5, 2024
TopicFintech

Topic: Fintech

Time to convert Fintech into a revolution to provide low-cost payment system, ​says PM Modi

Speaking at the InFinity Forum Friday, PM said technology is bringing a big shift in finance, and mobile payment last year exceeded ATM withdrawals.

Fintech startups to make a bigger move in 2020, experts suggest

Sweeping mergers, acquisitions have transformed some of the industry’s largest incumbents in payments, who are gearing up for a bigger fight with newcomers.

You can’t coerce India to adopt digital payments. Here’s what Modi govt should try instead

Those who invested in or built standalone payment firms might be regretting because Modi govt’s move to remove MDR has harmed their business model.

PMC fiasco shows why it’s time to pull the plug on urban cooperative banks

Rather than waste resources on recovery and sustenance of urban cooperative banks, focus can be on articulating a credit disbursement mechanism.

Banks better watch out, the fintech payment revolution is coming

As local-currency payments in Asia become instantaneous, cashless and cheap, customers will demand similar features when they remit funds overseas.

Dr. Evil would love Mark Zuckerberg’s ‘GlobalCoin’, Facebook’s cryptocurrency

Given its access to people's transaction data, Facebook’s use of its own cryptocurrency should raise questions on the implications on privacy, potential data breaches, and credit scoring.

India’s fintech sandbox is on its way but RBI’s draft guidelines can limit benefits

RBI’s framework for the regulatory sandbox proposes a number of entry barriers that seem extremely vague and subjective.

Fadnavis on US & Canada visit looking for investors to make Mumbai a ‘fintech’ hub

Fintech stands for the financial technology sector, which is one of the fastest growing in India.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.