india
With the rapid shift toward digitalization and an increasing threat of fraud and deception, it is vital for India to reconsider its dependence on one-time passwords (OTPs) and move toward a more secure and user-friendly authentication system.
The Prove team in India recently wrapped up the Global Fintech Fest in Mumbai, the largest event of its kind that showcases fintech companies and helps stakeholders learn current trends and get market insights.
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With the inflow of technology, which is globalization’s boon to India, the amount of people getting on with the bandwagon headed toward a more stable financial condition is tremendous.
Digital challenger banks are transforming the way banking is viewed by the consumers and the market.
NPCI’s latest offering ‘UPI AutoPay’ is the latest step furthering recurring payments in India, after recently increasing the NACH e-mandate cap to INR 10 Lakhs and reviving eSign-based mandates.
AI tools can autonomously generate threat detection queries, sift through vast amounts of data, and pinpoint potential threats.
India’s digital lending market is expected to reach $100 billion by 2023, posting a CAGR of 36%.
Open Credit Enablement Network (OCEN) is the next chapter in the IndiaStack story. It is an initiative to unbundle lending and enable the creation of specialized entities, each specialized at one part of the job.
Prove’s Amit Goel on CNBC-TV18 sharing insights on the rise of ‘Buy Now, Pay Later’ regulatory and fraud concerns.