Fintech in 2025: The Trends Transforming the Industry
As technology continues to disrupt the way we handle financial services, many businesses are struggling to keep up with the pace of change. Fintech trends in India are evolving faster than ever, making it crucial for businesses to stay ahead of the curve to thrive in 2025. From slow payment processes to security concerns, these […]
Understanding the Role of Biometrics in Modern KYC and Payment Solutions
In today’s digital transaction landscape, the significance of effective identity verification processes is important. As financial institutions and fintech companies work to support security and streamline customer onboarding, biometrics is playing a transformative role in KYC and payment solutions. This blog delves into the significance of biometrics in modern Know Your Customer (KYC) procedures and […]
How Does Bharat Bill Payment System Work?
The Bharat Bill Payment System (BBPS) is an interoperable platform that facilitates bill payments for a variety of services, such as electricity, gas, water, telephone, DTH, insurance, education, loans, and more. It was launched by the Reserve Bank of India (RBI) in 2016 with the objective of making bill payments more convenient and efficient for […]
What is Micro ATM in Banking?
Micro ATMs are small, standalone ATMs that are typically located in retail stores, grocery stores, and other convenient locations. They allow customers to withdraw cash, check their account balance, and transfer money between accounts. Micro ATMs are a convenient way for people to access their banking services, especially those who live in rural areas or […]
Aadhaar Enabled Payment System: Unlocking Key Insights
Aadhaar Enabled Payment System (AEPS) is a government-backed initiative that allows users to make and receive payments using their Aadhaar number. The system is designed to provide a secure and convenient way for people to access financial services, even if they do not have a bank account or a mobile phone. AEPS has been a […]
