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India’s Digital Payment Revolution: A Decade of Unprecedented Growth

Fintech News

UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that enables instant money transfers between two bank accounts through a mobile platform. These guidelines enable non-bank entities to enter the payment aggregation business and expand their scope to include the import of services.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. From big banks to big tech.

Finance 77
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SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

Over 200 submissions were received across six categories, with 175 entries in the corporate categories and 29 in the individual Fintech Mentor Award category. It enables financial institutions, especially those without core banking systems or with systems lacking API integration, to manage bulk transactions.

AI 99
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10 Best Bank Statement Extraction Software in 2024

Nanonets

Need to reconcile bank statements but tired of doing it manually? Looking for a bank statement extraction software? We have researched and listed the 10 best bank statement extraction software in the market for 2024. Look no further because we have you covered. Yearly: $119.99 Lifetime: $199.99 mo Advanced: $247.23/mo

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. Finance: Demand for contactless options accelerates digital adoption. Branchless banking. Conversational AI/chatbots.

Posting 101
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Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition

Fintech News

Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional banks rise to prominence, a new report by Decision Lab shows. However, by Q4 2023, Moca had slipped out of the top rankings, replaced by mobile apps from traditional banks.

Finance 113
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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions.

FinTech 127