Fintechs – Products, Community, News
Fintechs – Products, Community, News
A Virtual Private Network (VPN) is a technology that creates a secure, encrypted connection over the internet between a user’s device and a remote server. This connection hides the user’s IP address and encrypts data transmitted between the device and the server, enhancing privacy and security. Detailed Analysis of VPN: Application of VPNs in Fintechs […]
We will keep updating the current status of Paytm after RBI had taken action against it due to lack of Compliance. Paytm QR to work beyond March 15. Paytm shifted its nodal account to AXIS Bank by creating an escrow account Paytm QR, Soundbox, Card machine will continue to work as always beyond March 15, […]
The Reserve Bank of India had instructed the Card Networks like VISA, Mastercard etc. to stop Commercial Card Payments. The reason is not clear yet but this might be because of compliance. Here are some hypothetical reasons why RBI might consider such a directive: It’s important to note that any directive from RBI regarding commercial […]
Open banking refers to a financial concept and practice that allows third-party financial service providers to access and use financial data from banks and other financial institutions through Application Programming Interfaces (APIs). This data sharing enables these third-party providers to develop new financial products and services, often tailored to meet specific consumer needs. Key aspects […]
Click here for FIXED DEPOSIT CALCULATOR 1. Introduction: The Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of the Reserve Bank of India (RBI) and serves as the primary entity responsible for providing deposit insurance to depositors in Indian banks. Established in 1978, DICGC plays a crucial role in safeguarding the interests of […]
According to RBI, your deposit is secured upto Rs 5 Lakhs by Deposit Insurance and Credit Guarantee Corporation (DICGC) A Fixed Deposit (FD) calculator is a tool that helps individuals estimate the interest earned and the maturity amount for a fixed deposit investment. The formula for calculating interest on fixed deposits is straightforward, but a […]
1. What Are NFTs? Definition: Non-Fungible Tokens (NFTs) are unique digital assets that represent ownership or proof of authenticity of a specific item or piece of content using blockchain technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are indivisible and cannot be exchanged on a one-to-one basis. 2. How NFTs Work: Blockchain Technology: Smart […]
The true identity of Satoshi Nakamoto remains unknown. Satoshi Nakamoto is the pseudonymous individual or group of people who created Bitcoin, the first decentralized cryptocurrency, and introduced the underlying technology, blockchain. The identity of Satoshi Nakamoto has been one of the most significant mysteries in the world of technology and finance. Here are some key […]
Introduction: User acquisition is a critical aspect for B2C fintechs aiming to establish a strong customer base and drive adoption of their financial products and services. Sustainable strategies involve not just attracting users but also creating a community, fostering engagement, and ensuring long-term customer loyalty. I. User Acquisition Methods: 1. Digital Marketing: 2. Partnerships and […]
National Payments Corporation of India (NPCI) is an apex organization in India that plays a crucial role in the country’s digital payments landscape. Established in 2008 as a not-for-profit company under Section 25 of the Companies Act, NPCI is owned by a consortium of major banks and is tasked with providing robust and efficient payment […]