Financial Technology News

The strategic alliance, which came into effect on 3 Sept, will help VW Finance access Kuwy’s pan-India footprint, thereby consolidating its car financing network in the domestic marketThe alliance will also offer finance, insurance and warranty products for Volkswagen group customers on Kuwy platform

Behaviour and hard set notions about digital payments have changed post demonetisation

Truecaller Pay has already started testing the feature with around 54 billers and will soon go live with all the billers on the payments app

Razorpay Software will introduce UPI 2.0 on its platform in a phased manner over the next two months, with an eye on large merchants in the e-commerce segment

Overcoming the barriers to adoption in a cash rich economy will require merchant and user-centric strategies

Global fintech companies reportedly sought an extension of the 15 October deadline but it seems that the RBI is not inclined to relax the norms

There will be a lot of consolidation between start-ups and traditional insurance providers, says Arvind Sundaresan

Fintech start-ups are helping young Indians manage their entry to the credit market

The fintech sector has evolved from start-ups disrupting incumbents with their innovative approaches, to the incumbents collaborating with these start-ups to stay relevant and strengthen the financial services ecosystem

Though banks are employing digital strategies to enhance deposits, there is still an acute lack of awareness when it comes to savings and insurance planning