Digital Payments Ecosystem Digital payments have experienced a substantial increase, exhibiting remarkable growth in both volume and value over time. The pandemic played a pivotal role in capturing a significant market segment and cultivating a preference for convenient payment methods, ultimately shining a spotlight on the fintech industry. In this dynamic ecosystem, the Indian Government […]Read More

Indian Digital Lending Ecosystem India’s digital lending landscape has undergone significant transformation in recent years, which has witnessed a notable shift towards collaborative, technology-driven solutions across various sectors. Lending among the banking services, stands out as a crucial driver of economic growth in the country, prompting governmental initiatives to accelerate digitization and enhance digital public […]Read More

Beyond Integration: Optimizing API through ‘Benchmarking’ for Innovation and Growth In the current market landscape, the adoption of APIs has helped Fi’s gain momentum on digital transformation, & has become a key driver for the organizations by helping them stay ahead in a competitive environment. Organizations across sectors are acknowledging the pivotal role of APIs […]Read More

Decoding the Tech Due Diligence Approach For long financial providers missed offering customised products to their customers. Products were standardized for all TGs. Accessibility was more branch-led. Modern technology (read digital) changed this to a greater extent. This was a paradigm shift and unlocked great market potential from remote corners of the country as well, […]Read More

Redefine Compliance Strategy with Unified Compliance Framework The ever-changing regulatory landscape for NBFCs, SFBs, and Fintechs presents a constant challenge in maintaining compliance with various regulations from RBI, requirements from NPCI, ISO standards, and industry requirements like SOC2, PCI DSS. Managing these complexities often leads to time-consuming efforts and potential gaps in compliance. What is […]Read More

Mastering Embedded Finance: Building Future Ready Business Models Financial institutions (FIs) are partnering with fintech organizations, transforming banking into technology hubs. These collaborations enable them to offer advanced Banking as a Service (BaaS) solutions, making it easier to create financial products embedded directly into other apps and services. This trend is expected to have a […]Read More

Indian Digital Banking Ecosystem – Feb 2024 The BFSI industry has undergone rapid transformation, marked by significant investments in digital infrastructure. Large banks have already initiated the scaling of their digital operations, with a heightened focus on enhancing technological capabilities. The insights gained from their successes will serve as valuable lessons for mid-sized and smaller […]Read More

Navigating the Digital Personal Data Protection Act: A strategic guide for CTOs & CDOs Digital Transformation’s Double EdgeIndia’s financial sector has undergone a significant digital transformation marked by the widespread adoption of internet banking, mobile banking apps, and fintech platforms. These advancements have significantly improved customer engagement and service delivery, offering new ways for customers […]Read More

Unlocking Success: Transforming Digital Products After Benchmarking Download Now https://youtu.be/uqqevYqe1_g In the dynamic world of digital products, change is the only constant. To stay ahead, one need to be a step ahead in responding to customers and the evolving market. That’s where benchmarking comes in – it’s like the secret weapon for product transformation. But […]Read More

Embracing the Era of Boundless Opportunities: Transition from Open Banking to Open Finance The financial industry has seen a significant shift in recent years with the advent of open banking, which allows third-party developers to access bank data through APIs (Application Programming Interfaces) and build innovative financial services. However, the evolution from open banking to […]Read More

Charting the Course: Decoding RBI’s Master Direction on IT Governance, Risk, Controls & Assurance Practices The RBI released the Draft Master Direction on Information Technology Governance, Risk, Controls, and Assurance Practices on October 20, 2022. This follows the publication of the Draft Master Direction on Outsourcing of IT Services released on June 23, 2022. The […]Read More

Navigating the Digital Personal Data Protection Act of 2023: Approach for REs and FinTech Companies Download Report The advent of the Digital Personal Data Protection Act (DPDPA) marks a pivotal moment for the Banking, Financial Services, and Insurance (BFSI) sector, underscoring the imperative of safeguarding personal data in an increasingly digitized landscape. This legislation imposes […]Read More