The Advent of Online Banking in Cooperative Banks

The cooperative sector has been devoid of many privileges and is always under the scrutiny of Reserve Bank of India (RBI). The reasons for this severity are their inadequate lending practices, rising NPA levels, political funding behind their operations and more. As technology has been evolving and contributing to the developments in banking, cooperative banks…

Digital Lending – The Growing Trend of Lending Alternatives in India

The FinTech innovations in the recent times have contributed a lot to refine the banking and financial services. They’ve greatly contributed to delivering a more personalised and intuitive banking experience. With such innovations and technological advances uniting with the financial services like digital lending, it is certain that countries like India will be benefited and…

Mobile Banking – The Future is now!

The banking industry is evolving every day. Mobile banking services are transforming from being a service for the tech-savvy to a mass-market provision availed by all customer segments. Moreover, banks have observed the convenience, ease and increased ROI of providing banking services over the mobile platform. Mobile banking service is relatively new, however, it has…

The wave of Business Intelligence in Banking is here!

Business Intelligence (BI) is responsible for enhancing the banking operations like identifying patterns, analysing connections, addressing and resolving issues in real-time etc. Many financial institutions have already started benefitting from the BI technology. However, its full potential is yet to be discovered. Business intelligence solutions are not very new to the banking domain. It can…

All You Must Know about Payment Gateways!

The payment systems have evolved as the online payments popularise on the ecommerce domain. Debit/credit cards, internet banking and even e-wallets have emerged as a means of offering extreme convenience to shoppers for payment of goods and services they buy. These transactions are initiated and completed via a network that we refer to as ‘payment…