How e-mandates can ignite the spark for enterprenuers?

Digitalization of payments has emerged as a transformative force for small and medium entrepreneurs in India. In 2016, India launched its Unified Payment Interface which allowed seamless instantaneous money transfers across banks on its network. Savvy banking institutions developed their own Apps on the UPI infrastructure to improve their customer reach and experience. So, for […]

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Combating Financial Crime 2050 – Part 1

Through the looking glass: Combating financial crime in 2050 Fifty years down the millennium the financial crime landscape is going to be extremely challenging. In the futuristic 2050, a connected world powered by IoT, digital currencies like Bit coins, AI and Analytics will completely overhaul banking solutions. Experts are unanimous about compliance and regulatory pressures […]

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Pioneering innovations to leverage same day ACH

There were some concerns when NACHA proposed Same day ACH clearance last year. Today, with the deadline approaching on September 15, 2017, banks and businesses are unequivocally certain about the benefits. A recent NACHA survey result reports a favorable reception for Same Day ACH rule. About 92 percent of respondents are ready to originate same […]

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