Amitabh Chaudhry reveals that Axis Bank has crossed 1.9 mn customers on WhatsApp Banking within 9 months of launch
ICICI Bank has partnered with Amazon India to offer instant overdraft to sellers, including non-ICICI Bank customers, on its portal. The bank is focusing holistically on the merchant ecosystem, both directly and through partnerships. Sandeep Bakhshi, MD & CEO, said in Q2 investor presentation recently: “The Super Merchant current account, which offers various benefits such as digital account opening and instant overdraft facilities based on pointof-sale transactions, has received good response from customers. The bank has also launched an instant overdraft facility for MSMEs registered on the GEM Sahay application through API integration with the OCEN network.”
Axis Bank has partnered with BharatPe to expand its merchant acquiring business. Amitabh Chaudhry, MD & CEO, informed: “We have launched a wide range of open API (Application Programming Interface) banking solutions, covering 200+ retail APIs and 51 corporate APIs.”
With Axis Bank’s focus on Open Banking initiatives as part of the digital strategy, it is committed to simplifying customer journeys and bringing greater convenience through constant innovation in its offerings. Sameer Shetty, President & Head, Digital Business & Transformation at Axis Bank, said: “With these latest API Banking offerings, we look forward to collaborate and co-create with partners, to offer an enhanced user experience and simplify their day-to-day operations.”
UPI GROWTH: RETAIL DIGITAL
Denne historien er fra December 2021-utgaven av Banking Frontiers.
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Denne historien er fra December 2021-utgaven av Banking Frontiers.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Swedbank leverages data to the hilt
Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:
Digitization is for customer satisfaction, says Argenta Bank
Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:
Speed, Safety, Compliance
Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:
Unique methods in fraud perpetration
When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:
NBFCs: Elevating Organizational IQ
What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:
Trustful Transformation
Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:
Smart ATMs - an indication of a resurgence
Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions:
Personalization scores with HNWI & YP
Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap:
