To Hell With Digital

Industries of the future would come out of amalgamation of current industries, which were essentially built in Analog world. All success stories of Digital world have been about re-imagining of the current industries by Digital mavericks. Customers, as of today, have to install multiple applications for handling financial relationships (typically 2 / 3 bank apps,…

Fintech – Bank Partnership: Friction? Part 1

Fintechs have started collaborating with banks across multiple areas and have begun helping the bank in building innovative products / services. This collaboration is happening across lending, deposits, payments (UPI leads the way), investments etc. This new relationship amongst Banks and Fintechs is creating immense pressure on bank’s internal systems, structures and processes as they…

“How to deliver Digital” – Part 1

Digital strategy is an essential part of business strategy and needs to be created around capabilities (as well as incapabilities) of the technology available. Most of the private banks / public sector banks / cooperative banks / NBFCs have old core platforms, which do not have APIs / Digital Capabilities. This is considered a big…