Fintechs – Products, Community, News
Fintechs – Products, Community, News
Co-branded credit cards are a type of partnership between a card issuer, typically a bank or financial institution, and a brand (e.g., airlines, retail stores, or service providers). These cards offer enhanced benefits tailored to the brand, providing perks such as discounts, loyalty points, or exclusive offers. Co-branded cards are a win-win for both companies […]
List of common investment jargons: 1. Bull Market: A period where stock prices are rising or expected to rise. 2. Bear Market: A period of declining stock prices. 3. Diversification: Spreading investments across various assets to reduce risk. 4. Portfolio: A collection of financial assets held by an investor. 5. Asset Allocation: The strategy of […]
Types of Digital Fraud 1. Phishing Scams: Fraudsters impersonate legitimate companies to steal personal information. Victims often receive emails asking for sensitive data, leading to account breaches. 2. Ransomware Attacks: Cybercriminals lock users out of their systems and demand payment to restore access. For example, the WannaCry attack in 2017 affected hundreds of thousands of […]
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 […]
Understanding Visa: An Overview Visa Inc. is a global leader in digital payments, facilitating secure and efficient transactions for consumers, businesses, and governments around the world. Established in 1958, Visa operates in over 200 countries and territories, connecting millions of merchants, financial institutions, and cardholders. Types of Visa Products and Services 1. Credit Cards: • […]
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 […]