Fintechs – Products, Community, News
Fintechs – Products, Community, News
What is a Ponzi Scheme? A Ponzi scheme is a form of investment fraud that promises high returns with little risk to investors. Named after Charles Ponzi, who became infamous for using this scheme in the early 20th century, it involves paying returns to earlier investors using the capital from newer investors rather than from […]
Will the Bubble Burst? v/s India Story India’s rapidly growing equity market has generated a polarized debate, with some analysts warning of an impending bubble, while others champion India’s rise as a global economic powerhouse. To understand the truth behind this debate, we need to explore both arguments thoroughly. The “Bubble” Argument: Overvaluation and Speculation […]
Futures and Options (F&O) are derivatives that allow investors to speculate on the future price of underlying assets, such as stocks or commodities. They provide opportunities for hedging and leveraging, attracting many retail investors in India. However, despite the allure of high returns, a significant number of traders incur losses. What are Futures and Options? […]
India is emerging as a global leader in fintech, surpassing many foreign nations in innovation, accessibility, and growth. Several key factors contribute to this phenomenon: 1. Robust Digital Infrastructure India’s digital payments landscape has been transformed by the Unified Payments Interface (UPI), launched in 2016. UPI allows users to make instant, seamless payments through mobile […]
What is a Credit Line on UPI? A credit line on UPI is a financial service that allows users to borrow funds up to a pre-approved limit directly through the UPI framework. This feature integrates seamlessly with existing UPI apps, providing users with a convenient way to manage short-term expenses without requiring traditional loans. Key […]
Financial literacy is the understanding of various financial principles and skills that enable individuals to make informed and effective decisions regarding their money. It encompasses knowledge about budgeting, saving, investing, credit management, and understanding debt, taxes, and retirement planning. Importance of Financial Literacy In today’s complex financial world, financial literacy is crucial for navigating personal […]
A Merchant Management System (MMS) is a comprehensive platform designed to manage the relationship between acquirers (payment processors) and merchants. It enables acquiring banks or financial institutions to onboard, monitor, and manage their merchant accounts efficiently. The system serves as a backbone for managing contracts, processing fees, disputes, risk assessment, and transaction monitoring. It serves […]
Future of Cryptocurrency: Key Insights and Trends The future of cryptocurrency is poised for significant transformation, driven by the convergence of technological, regulatory, and societal factors. Here’s a detailed look into the possible future of cryptocurrencies: 1. Mainstream Adoption and Institutional Involvement Cryptocurrency is gradually moving from niche investments to mainstream financial products. Global companies […]
5th edition of Global Fintech Festival was held in Mumbai from August 28-30th. GFF is organized annually by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI), and the Fintech Convergence Council (FCC). This year Chief Guest was Hon’ble PM Narendra Modi ji. For more details – Click here
RBI’s monetary Policy – April 2024 – Click Here – Reserve Bank of India