India is on the road to a cashless economy. The government has been pushing for electronic payment in a bid to combat counterfeit currency and black money. It will be a good while before the country reaches this goal but there has been progress. However, for many, the question...
Entire Future of Digital Banking: The future of digital banking already begun? Many tech experts argue that what we see today is not digital banking but simply digitized banking and hundreds year old financial products are being adapted to the digital era and distributed via smartphones and the Internet. That’s not so...
Costs of compliance remain a key problem area for banking and financial institutions. When we talked to banks and financial institutions to source data for our whitepaper, most of them placed reducing costs of compliance among their top priorities for 2018. Why reducing costs is on every company’s radar in...
You may envision coins being dug out from the underground when hearing about Bitcoin mining. It may be similar to gold mining which is underground except that the bitcoins exists in the design of the protocol, and aren’t brought in the light. About 21 million bitcoins exist at the...
Aadhaar card is the most essential document in India as it has been mandated to be linked with all the other government schemes and services such as provident fund, insurance, mobile services, bank accounts etc. 12 digit unique identification numbers is to be linked with your bank account before March...
Invariably, car owners just go out and purchase car insurance based on the monthly premium they would have to pay. However, this is not the way to get the best car insurance for your driving and vehicle ownership needs. You should focus on purchasing a policy that is apt...
You must be familiar with the term credit score but often have thought that you have to pay to check your credit score, isn’t it? The reality is that some websites do charge some fees for providing your credit report and score but some of the best online portals...
If you’re earning in a currency that trumps the Indian Rupee, then buying a home in India becomes a little easier. On top of this, recent alterations to the Foreign Exchange Management Act (FEMA) make it all the more easier for you to invest in Indian property. You can avail an NRI loan for...
If you’re a non-resident Indian looking to invest in real estate sector in India then it can be quite a lucrative investment for you. Let’s go through some major benefits of housing loan for NRIs: Easy to manage Managing housing loan for NRIs is rather convenient and quick than before, thanks to...
INSURANCEOne thing everyone needs is health insurance plans for their family. In fact, the governments and organizations also push people to invest money in insurance which can later be utilized in times of need. The reason is simple, no matter how affluent or powerful we humans become, we cannot...