bfsinxt

is a community portal for aspiring BFSI leaders where we track the key technology and digital led developments in the Banking, Insurance, NBFCs.

[bfsinxt @bfsinxt]

Cultivating trust & building a successful customer-centric banking strategy requires secure foundation: @vishakraman1
Read more - https://t.co/QnflwM0EOV

@bfsinxt @Fortinet

[bfsinxt @bfsinxt]

Worldline and @NPCI_NPCI International to empower mobile payments for Indian tourists in Europe
The collaboration will see Worldline become the first EU acquirer to offer Unified Payments Interface (@UPI_NPCI) and @RuPay_npci. Read more - https://t.co/hwny033hXu

[bfsinxt @bfsinxt]

@warburgpincus to Acquire Majority Stake in Vistaar Finance
Read full story - https://t.co/bKyUxEj3NQ

[bfsinxt @bfsinxt]

Banks need to step up payment services to support SME as backbone of the economy: Capgemini Report
According to #Capgemini Report, 89% of small and medium businesses (SMBs) are considering switching to challenger banks and alternative #PayTech providers. 🔗https://t.co/ycFDgv3Mdz

[bfsinxt @bfsinxt]

@ICICIBank launches ‘Smart Wire’, an online solution for inward remittances
Sriram H. Iyer, Head - International Banking Group, ICICI Bank said, "With the launch of ‘Smart Wire’ facility Read full article - https://t.co/LuJ4JltYMe

[bfsinxt @bfsinxt]

@CapitalUGRO raises impact funds of USD 5 million in partnership with Enabling Qapital
U GRO Capital recently announced it has raised USD 5 million through an ECB (external commercial borrowings) transaction with the EMF Microfinance Fund AgmvK (EMF).
https://t.co/sxIIvR7dQ0

[bfsinxt @bfsinxt]

@CCAvenue and Simpl join hands to enhance payment and consumer experience
Simpl on September 27 announced a tie-up with CCAvenue for a seamless checkout experience for enabling frictionless checkout and pay later facility on CCAvenue’s payment stacks.
https://t.co/5JCMJfNwNo

[bfsinxt @bfsinxt]

Union Bank of India launches Ethical Hacking Lab
A. Manimekhalai, MD & CEO, Union Bank of India, said, “Union Bank is adopting Digital Products in a big way. Various new initiatives are taken by the Bank to increase Digital Footprints. https://t.co/mkhIrRnUmT @UnionBankTweets

[bfsinxt @bfsinxt]

@ICICI_Direct introduces Flash Trade for F&O traders

Vishal Gulechha, Head – Retail Equity, ICICI Securities said,
Read here - https://t.co/ZwkwGAJUFv

[bfsinxt @bfsinxt]

Understanding Credit Risk Decisioning by leveraging Emerging Tech

Watch the full video here -
https://t.co/2kVcqjadoj

Video partner - @ProvenirGlobal
#bfsinxt #video #fintech #risk

[bfsinxt @bfsinxt]

@TerraPay and @NPCI_NPCI International collaborate to drive seamless merchant #payments via #UPI-enabled QR codes
Read here - https://t.co/qQQXP2QB79

[bfsinxt @bfsinxt]

MAS Financial Services Limited and @IFSCA_Official to Pursue Cross-border #FinTech Innovations
Sopnendu Mohanty, said, “This CA builds on the Memorandum of Understanding on Supervisory Co-operation signed between MAS and IFSCA in July 2022.
https://t.co/xbFiJMxXvZ

[bfsinxt @bfsinxt]

The reinsurance prices are yet to be hiked even as the negotiations are going on, which the impact might in case of price hike would be seen in due course. #lifeinsurance #insurance

https://t.co/S8DzwSPKRc

[bfsinxt @bfsinxt]

Beyond basic banking services and access to funding and advisory, @YESBANK will also extend its digital infrastructure to help early stage fintech start-ups get ahead in the marketplace.

https://t.co/2Xg34Yq64G

[bfsinxt @bfsinxt]

Low value @UPI_NPCI transactions utilise significant system capacity and resources, at times leading to customer inconvenience due to transaction failures because of issues related to connectivity.

https://t.co/vlKJXeuE4N

[bfsinxt @bfsinxt]

To deepen financial penetration, it is important to bring feature phone users into the mainstream digital payments. #UPI #DigitalPayments

Read here - https://t.co/tKmVG1Msph

[bfsinxt @bfsinxt]

The Reserve Bank of India (RBI)'s Monetary Policy Committee on December 8 decided to keep the benchmark report and reverse repo rates unchanged as it thought about uncertainty brought by the Omicron variant and rising input cost pressures. @RBI #RBI

https://t.co/26krhnvE6S

[bfsinxt @bfsinxt]

The wealth management business is @TheOfficialSBI's top priority and its primary task is to offer best products across categories from leading fund houses giving customers flexibility to invest, transact and view their portfolio across digital channels.

https://t.co/XP2FxTiSBQ

[bfsinxt @bfsinxt]

The tie-up is enabled by API integration where sellers can avail an OD from the bank instantly from application to sanction to disbursement digitally. Sellers can avail of ODs from @ICICIBank if they are registered as sellers with @Flipkart

Read here - https://t.co/VJ2pOr4CW7

[bfsinxt @bfsinxt]

@gocashfree products will enable NBFCs on @dvarasolutions platform to disburse loans, automate loan repayment collection and validate customer's KYC details including bank account or UPI ID or beneficiary name, etc. #payments

Read here - https://t.co/b2eKBHtVzw