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How-are-Fintech-Companies-Strengthening-The-Banking-and-Online-Payment-Sector
Fintech

How Fintech Firms Improve Finance and Web Payments in Rural India

November 5, 2022 precisateam No comments yet

“Where there is a will, there is a way.” This is how the fintech sector navigated the rocky roads of rural India. From demonetisation,  India recognised the need to adopt new technology and embrace digital payments. Rural India lagged behind the rest of the nation in the digitalisation process. India’s fintech market is the third […]

4-Actions-Banks-Need-To-Take-To-Prepare-Themselves-For-Open-Banking
Fintech

4 Actions Banks Must Take To Prepare for Open Banking Wave

November 1, 2022 precisateam No comments yet

The banking industry is on the cusp of a significant change. Open banking, which refers to using Application Programming Interfaces (APIs) to allow third-party developers to access financial data, is set to transform banks’ operations. This new wave of open banking presents challenges and opportunities for banks. There are four actions banks need to take […]

Why-Is-Digital-Lending-Gaining-Momentum-In-India
Digital Lending

Why Is Digital Lending Gaining Momentum in India

October 11, 2022 precisateam No comments yet

Technological advancements in banking and finance have transformed how we conduct our businesses. From core banking facilities and ATMs, fintech has made a progressive journey, producing innovations like net banking, credit cards, pre-paid instruments, mobile wallets, digital payment gateways, etc., in the banking industry. Digital lending or lending tech products are the latest and, currently, […]

What-Trends-Are-Driving-the-Fintech-Revolution-in-India
Fintech

What Trends Are Driving the Fintech Revolution in India?

October 1, 2022 precisateam No comments yet

The Fintech Revolution is sweeping the globe, and India is no exception. The fintech adoption rate in India is higher than the global average of 64%. By 2030, the fintech business will hit $200 billion in revenue. But how did India become a key player in the world of fintech? It’s no surprise that there […]

Dont-Omit-These-5-Features-In-Your-Digital-Lending-Platform
Digital Lending

Don’t Omit These 5 Features in Your Digital Lending Platform

September 23, 2022 precisateam No comments yet

Lending is the backbone of any economy and has been the primary source of capital for businesses and individuals who have wanted to borrow money for ages. In recent years, however, traditional lenders have faced stiff competition from new digital lenders who offer their services through online platforms. Fintechs have revolutionised lending by digitising the […]

Can-Fintech-Startups-Lead-Indias-Unicorn-Blessing
Fintech

Can Fintech Startups Contribute a Lion’s Share to India’s Unicorn List?

September 7, 2022 precisateam No comments yet

In the past few years, India’s startup ecosystem has emerged to be a flourishing ground for its participants. Almost halfway into this financial year, we have 107 unicorn startups, and globally the country ranks third in terms of the size of the startup ecosystem. Where do fintech startups stand in this picture? The Fintech industry, […]

Digital-Lending-Understanding-RBIs-Latest-Guidelines
Digital Lending

Digital Lending: Understanding RBI’s Latest Guidelines

September 2, 2022 precisateam No comments yet

The timely availability of sufficient credit to individuals and businesses significantly impacts economic growth. For some time now, digital lending has been providing a fillip for credit penetration among populations that were neglected for a very long time by banks and NBFCs. It is one of the rapidly growing segments of the Indian fintech industry […]

What-Factors-Are-Changing-the-Future-of-FinTech-in-India
Fintech

What Factors Are Changing the Future of Fintech in India

August 29, 2022 precisateam No comments yet

Fintech is the future. Today the statement is truer than ever. A traditionally cash-driven country, India has become the third largest fintech ecosystem globally. The upcoming years  sound promising as India’s  fintech market is expected to hit USD 150 billion by 2025. The fintech landscape has evolved immensely in the past decade. Of the 2000 […]

Why-Demand-For-Banking-As-A-Service-Is-Rising-Among-Fintech
Fintech

Why Demand for Banking as a Service Is Rising Among Fintechs?

August 18, 2022 precisateam No comments yet

The Fintech industry uses innovative digital solutions to optimise financial services and banking. A growing number of NBFCs are offering financial services, including bank accounts, wallets, electronic payments, insurance, and personal loans by offering Banking as a Service. Businesses of all types plan to launch embedded financial services to serve business and consumer segments better, […]

Digital-Lending-Point-of-Sale-Can-It-Drive-Sales-of-Your-Business
Digital Lending

Digital Lending Point of Sale: Can It Drive Sales of Your Business?

August 13, 2022 precisateam No comments yet

Almost every aspect of our economy has changed in some way due to the COVID-19 pandemic, and commerce is no exception. Today’s merchants aim to develop frictionless digital lending experiences that make it simple and quick for customers to buy products from their online store. Point of sale financing is one such technology that retailers […]

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