CATEGORIES

RURAL BANKING SMALL BANKS BIG PLANS
Banking Frontiers

RURAL BANKING SMALL BANKS BIG PLANS

Rural India is where bankers see growth opportunities. They are moving ahead with investments in digital technology, wider product range, larger geographical footprint and new applications:

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10+ mins  |
August 2023
Add-ons offer comprehensive protection to EV owners
Banking Frontiers

Add-ons offer comprehensive protection to EV owners

Udayan Joshi, President - Product, Underwriting & Reinsurance at Liberty General Insurance demystifies EV adoption and insurance:

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3 mins  |
August 2023
Tata AIG GI appointed as lead insurer for Maharashtra
Banking Frontiers

Tata AIG GI appointed as lead insurer for Maharashtra

The Insurance Regulatory and Development Authority of India (IRDAI) has selected Tata AIG General Insurance Co. as the lead non-life insurer for Maharashtra to initiate and drive activities in collaboration with all other non-life and health insurance companies.

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1 min  |
August 2023
Jio Financial Services and BlackRock to form JV to enter India's asset management industry
Banking Frontiers

Jio Financial Services and BlackRock to form JV to enter India's asset management industry

Jio Financial Services (JFS) and BlackRock announced a partnership to form Jio BlackRock, a 50:50 joint venture that combines the respective strengths and trusted brands of BlackRock and JFS. The aim is to deliver tech-enabled access to affordable and innovative investment solutions for millions of investors in India.

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1 min  |
August 2023
The tech thinking at Fintechs
Banking Frontiers

The tech thinking at Fintechs

3 fintechs show how they are leveraging technology to drive businesses in various ways:

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6 mins  |
August 2023
World Council of Credit Unions Launches Climate Influencers Network at 2023 Conference: Initiatives Focus on Sustainability and Green Finance
Banking Frontiers

World Council of Credit Unions Launches Climate Influencers Network at 2023 Conference: Initiatives Focus on Sustainability and Green Finance

VANCOUVER, B.C. – The World Council of Credit Unions (WOCCU) initiated the Climate Influencers Network at the 2023 World Credit Union Conference on Tuesday. The network comprises over 20 global credit union leaders who gathered to address climate resilience priorities.

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1 min  |
August 2023
A digital footprint for all UCBs - Atul Khirwadkar, NUCFDC
Banking Frontiers

A digital footprint for all UCBs - Atul Khirwadkar, NUCFDC

The business plan of NUCFDC is very strong with detailed financial lay out and the process of technology procurement will be transparent:

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4 mins  |
August 2023
AI a tremendous opportunity for insurance brokers - Debasish Panda
Banking Frontiers

AI a tremendous opportunity for insurance brokers - Debasish Panda

Debasish Panda, Chairman, IRDAI & Sumit Bohra, President, IBAI share the details about the changing roles of the brokers in the insurance industry:

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3 mins  |
August 2023
A bank that focuses on credit cards
Banking Frontiers

A bank that focuses on credit cards

Canadian Tire Bank has credit card as the core business activity:

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3 mins  |
August 2023
RuPay Card issuance crosses 10,000 milestone in Bhutan
Banking Frontiers

RuPay Card issuance crosses 10,000 milestone in Bhutan

NPCI International Payments (NIPL), the subsidiary and international arm of the National Payments Corporation of India (NPCI), recently achieved a significant milestone by issuing over 10,000 RuPay cards in Bhutan within a short period of its introduction in the country. RuPay recorded this mark with partner bank of Royal Monetary Authority of Bhutan – Bhutan National Bank (BNBL). The BNBL RuPay debit cards are accepted at more than 2,65,994 ATMs and 7.9 million PoS terminals deployed by the member banks of NPCI for cash withdrawals, balance inquiries, and purchases in India.

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2 mins  |
August 2023
Passive accelerating faster than active
Banking Frontiers

Passive accelerating faster than active

Anil Ghelani, CFA, Head - Passive Investments & Products, DSP Mutual Funds shares growth & future scope for passive investments in India & foreign countries:

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4 mins  |
August 2023
Fed steps into the Instant space
Banking Frontiers

Fed steps into the Instant space

The US Federal Reserve has come out with an instant payment facility it has developed for use by the financial services institutions for the benefit of their customers:

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3 mins  |
August 2023
Driving a wide spectrum of MSME initiatives
Banking Frontiers

Driving a wide spectrum of MSME initiatives

SIDBI has made significant strides in developing many digital ecosystem initiatives and applying financial

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3 mins  |
August 2023
Fostering Financial Collaboration: Exploring Partnerships between Banks & NBFCs
Banking Frontiers

Fostering Financial Collaboration: Exploring Partnerships between Banks & NBFCs

Deepak T R explains that Scolend can enable collaborative lending by streamlining processes and facilitating smooth communications between banks and NBFCs

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2 mins  |
August 2023
MAS investor protection measures for digital payment token services
Banking Frontiers

MAS investor protection measures for digital payment token services

The Monetary Authority of Singapore (MAS) has announced new requirements for Digital Payment Token (DPT) service providers to safekeeping customer assets under a statutory trust before the end of the year.

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1 min  |
August 2023
Bank of India launches 3 startup focused branches
Banking Frontiers

Bank of India launches 3 startup focused branches

Bank of India has launched three special startup centers through dedicated branches in Bengaluru, Mumbai, and New Delhi.

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1 min  |
August 2023
Financial Literacy draws Women Customers
Banking Frontiers

Financial Literacy draws Women Customers

Purvi Bhavsar, MD at Pahal Financial Services & Priti Rathi Gupta, Founder & MD at LXME share the special initiatives adopted for attracting and serving women customers:

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7 mins  |
August 2023
The Digital Juggernaut
Banking Frontiers

The Digital Juggernaut

Aditya Birla Capital is actively enhancing its analytics capabilities across data engineering, data science and decision science:

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4 mins  |
August 2023
Bihar, Tamil Nadu & UP lead outstanding portfolio
Banking Frontiers

Bihar, Tamil Nadu & UP lead outstanding portfolio

Micro Finance institution Network (MFIN) has come out with its 45th issue of the Micrometer it provides an overview of the microfinance industry as on 31 March 2023 (Q4 FY 2022-23).

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1 min  |
August 2023
Australian central bank has first woman Governor
Banking Frontiers

Australian central bank has first woman Governor

The Reserve Bank of Australia will for the first time be headed by a woman.

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1 min  |
August 2023
US Fed fines Deutsche Bank
Banking Frontiers

US Fed fines Deutsche Bank

The US Federal Reserve has fined Deutsche Bank $186 million for 'unsafe and unsound banking practices' and 'violations of the Fed's 2015 and 2017 consent orders with Deutsche Bank relating to sanctions compliance and anti-money laundering controls'.

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1 min  |
August 2023
Economies of Efficiency vs Economies of Opportunity
Banking Frontiers

Economies of Efficiency vs Economies of Opportunity

The credit system has been using technology today in a very big way. At a very simplified level, the system is fed increasing volume and variety of data for each customer application, and that data crunching led to more accurate decisions, which in turn increased margins and reduced risks. This also helped bring more borrowers into the formal financial system, and in turn accelerated the economy.

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1 min  |
August 2023
Focused digital offerings fuel growth
Banking Frontiers

Focused digital offerings fuel growth

Customers respond tremendously to lending platforms of banks

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3 mins  |
June 2023
Attracting NRIs with new products & partnerships
Banking Frontiers

Attracting NRIs with new products & partnerships

Thomas Joseph K, Exec VP & Chief Business Officer at South Indian Bank, and Maneesh Ajmani, Head - Preferred Banking, NRI, Investment Services & Bancassurance at RBL Bank, share interesting updates about NRI customer engagement

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3 mins  |
June 2023
Expanding Franchisees, Adopting CRM
Banking Frontiers

Expanding Franchisees, Adopting CRM

Anil Gaggar, MD & CEO at Progressive Share Brokers, shares key business and technology initiatives of the company

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2 mins  |
June 2023
ENCASHING THE DIGITAL explosion
Banking Frontiers

ENCASHING THE DIGITAL explosion

Continuing the journey, Banking Frontiers organized the 2023 edition of Technoviti conference cum awards, where the latest business challenges and opportunities were discussed along with emerging technologies and the evolving regulatory space

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9 mins  |
June 2023
Prestigia & Ideathons empower employees
Banking Frontiers

Prestigia & Ideathons empower employees

Arun Nayyar, MD & CEO at NeoGrowth & Huma T, CHRO at Dvara KGFS, sketch the career planning & guidance initiatives taken by their organizations

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4 mins  |
June 2023
Boosting CX, PX and DX
Banking Frontiers

Boosting CX, PX and DX

Invesco MF is advancing its technologies to improve customer experience, partner experience and distributor experience

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3 mins  |
June 2023
NIMF: Deep analytics embedded in all digital assets
Banking Frontiers

NIMF: Deep analytics embedded in all digital assets

Nippon India Mutual Fund is adding close to 30,000 new users on its apps and website every month

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7 mins  |
June 2023
Branch - An Empowered Super Channel
Banking Frontiers

Branch - An Empowered Super Channel

61% of India's population living in the villages and with only 44% of the population uses smart phones, constituting a big challenge for expanding banking services to all. Two bankers and one tech CEO delve into the challenges and share the various ways to achieve the goal

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9 mins  |
June 2023