BHIM pe MF

Honestly, I am not able to take my eyes off UPI / BHIM. There is so much possible on the platform – from payments to lending to MF to insurance… This platform for sure can be used for on-boarding of customers on Mutual Fund and that too into direct funds. This will save  fair amount…

Lending API-fied : Start of P2P Lending Revolution

National Payments Corporation of India (NPCI) has revolutionised Indian Payment Industry and has removed friction. Newer payments platforms like IMPS, UPI, BBPS etc have solved payment and collection problems of all customer segments. NPCI has change the market by standardising and securing APIs across banks. UPI is classical API use case, which is simplifying mobile…

Digital Transformation – Blood, Sweat and Respect

“Blood, Sweat and Respect. First Two You Give, Last One You Earn” Dwayne Johnson Banking industry is undergoing massive transformation in multiple areas. Never in history were banks experiencing this level of change. Each of these transformations have a journey from conceptualisation to execution to support. Digital transformations currently in progress in banks may include:…

Payment Failure or Lending Opportunity

More than 5 percent transactions are getting rejected for NEFT / RTGS / IMPS / UPI / Cheques / Payment Gateway, which are creating challenges for customers. These failures create a moment of opportunities for payment providers for extending personal loans to the customers. Flow is simple: – Customer requests for NEFT / RTGS /…