JanFebMarApr MayJunJulyAugSepOctNovDec 2020 Fintech Milestones 2020Jan 02 J.P. Morgan Chase blocked Fintech apps from accessing customer passwords for enhanced security 2020Jan 06 Qatar banned crypto trading and imposed penalties on firms that provide such services in...
For decades, we have been customers to banks where visiting physical branches was a daily affair. We had to deal with a lot of paperwork and tedious processes while standing in long queues. The uptake of mobile technologies has caused a shift towards more direct and...
From peer to peer payments to real-time international transfers, the finance sector is growing rapidly with a blistering urgency of meeting customer demands. Open banking has unlocked a whole new realm for businesses to exploit the bank data and create innovative...
Akeo Tech Deck 89% percent of merchants in the Airlines industry, supermarket industry and subscription services are prepared for Open Banking and have assessed the impact it will have on their business, a research by Nuapay revealed. The report also shows merchants...
‘Technological innovation’ – these two words are so imbibed in our day-to-day life that we have almost forgotten how we used to live without mobile phones or internet or even online banking. We take it as a joke that the banking services were limited to a brick and mortar building which we called ‘bank’ within a time-period of 9 a.m. to 4 p.m. There settlements would take multiple days to clear, the day-to-day transactions were cut-off mid-afternoon and there used to be batch processing.
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