1. What is BIN Migration? BIN (Bank Identification Number) is the first part of a credit, debit, or prepaid card number, traditionally 6 digits long, that identifies the issuing institution. BIN Migration refers to the process of updating or transitioning BINs to accommodate industry changes, such as the introduction of 8-digit BINs or migration from […]
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 […]
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 […]
#FintechOnDemand and #OnDemandFintech through the lenses of B2B Marketing “Fintech On Demand” refers to the growing trend of financial technology (fintech) services being readily available and accessible to consumers and businesses whenever they need them. This concept encompasses various fintech solutions and platforms that offer on-demand financial services, often leveraging digital technology and automation to provide convenience, […]
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 […]
Is Blockchain the future? How ready we are to a world with applications of Blockchain? Blockchain is a decentralized and distributed ledger technology that enables secure and transparent record-keeping of digital transactions. It consists of a chain of blocks, each containing a list of transactions, linked together using cryptographic hashes. Once a block is added […]
Last time I wrote about Marketing in Metaverse, now being a part of the Fintech Ecosystem, I would like to gather my thoughts on the tremendous possibilities which Fintechs need to be ready about in the Metaverse*. Wider consultations are needed from enthusiasts, Fintechs, marketers, designers, content creators and all stakeholders. This article is our thought […]
Cryptocurrency comes from two words Crypto and Currency. You might have heard about Cryptography. Crypto means secret or concealed. The study and creation of the techniques, tools and methods to pass information securely which can not be decrypted by adversaries can be called as Cryptography in broad terms. When these techniques are applied for currency […]
Why Lets Fintech ? Lets Fintech is a portal which we are building to cater the Fintech and Non-Fintech community as a whole. We intend to take Fintech to the common masses and help them understand the Fintech jargons, will educate them about Fintech, will help them understand the importance of Fintechs in their lives. […]
What is a Fintech ? This is the most asked question whether someone is a Fintech enthusiast or a Software developer or a banker or a student of the industry. What is that separates a Fintech from a Financial institution ? Why Fintech are not the same as banks as basically they are providing similar […]