How triple C makes money????????????? The way credit cards offer benefits like lounge access or airline miles revolves around partnerships, reward structures, and interchange fees. Here’s a breakdown of how it typically works: In essence, credit card issuers leverage partnerships, reward structures, interchange fees, and other revenue streams to offer enticing travel-related benefits to cardholders. […]
A credit/debit card issuance system is pivotal in facilitating the issuance, management, and monitoring of credit/debit cards for consumers. However, several challenges can arise within such systems: Companies having Credit/Debit Card issuance stacks are M2P Fintech, Pine Labs, Fintech startup Power In summary, while a credit/debit card issuance system offers numerous benefits in terms of […]
Core banking systems are the backbone of a bank’s operations, handling various essential functions from transaction processing to customer management. However, like any complex system, they can face several challenges: Some examples of Core Banking Systems are: Turing CBS by M2P Fintech Finacle Digital Banking Suite by Infosys FLEXCUBE by Oracle Temenos Transact TCS BaNCS […]
In the complex landscape of financial institutions, trust forms the cornerstone of the relationship between banks and their customers. Recently, an individual came forward on LinkedIn, shedding light on alleged fraudulent practices experienced at one of India’s prominent private banks, Axis Bank. It is crucial to recognize and address such concerns to uphold the integrity […]
In an increasingly interconnected world, the need for seamless and efficient cross-border payment solutions has become paramount. Businesses, individuals, and financial institutions engaged in international transactions require reliable methods to transfer funds across borders. This article explores the evolution of cross-border payment solutions, their significance, challenges, and the innovations shaping the future of global financial […]
In the contemporary world of finance, debit cards have become an indispensable tool, offering users a seamless and efficient means of accessing their funds. Behind the scenes of every debit card is a debit card issuer, the entity responsible for facilitating the issuance, management, and security of these financial instruments. This article explores the pivotal […]
In an era dominated by digital transactions and cashless economies, prepaid instruments have emerged as versatile financial tools, revolutionizing the way people manage their money. A prepaid instrument, in essence, is a pre-loaded monetary value stored in a card, mobile wallet, or other electronic form, allowing users to make transactions conveniently without the need for […]
Global Fintech Fest is going to be conducted in Mumbai from 05th September to 07th September 2023 Venue – Jio World Centre Global Fintech Fest (GFF) is jointly organized by NPCI (National Payments Corporation of India), PCI (Payments Council of India), and FCC(Fintech Convergence Council) It will be conducted over 3 days with 13 tracks, […]
17th October 2024 – Update – Zepto secures $100M in new funding round led by Motilal Oswal Group—its third raise in four months. Instant grocery delivery Startup Zepto had raised Series D $200 million at $1.4 billion valuation and became the 1st Unicorn of 2023. We wish Zepto all the very best in their journey.
What is CVV Fraud? Did you come across an instance where your transaction had gone through without entering the right CVV? Why the banks are not acting on the CVV fraud even after so many users had complained? Are the Credit Cards/Debit Cards are secured? What was all the noise with tokenization if they are […]