In November 2016, the Indian government issued a ban on the nation’s higher denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency...
In 2016, 95 percent of transactions in India were done in cash and there were approximately 60 million online shoppers, representing about 14 percent of...
India’s demonetization initiative may have sent shockwaves through the consumer and business community, but for FinTechs, the sudden announcement by Prime Minister Narendra Modi in...
In late 2016, India’s government surprised the world with a decision to push the race for payment digitization from a marathon to a sprint, by...
PSD2 opened the floodgates for open banking across Europe and the U.K. While the U.S. hasn’t had such regulatory pressure, signs that banks are opening...
Anniversaries are a time for reflection, and one year into India’s grand de-monetization drive, the results are mixed. Counterfeiting activity has simply moved to embrace...
India’s small- and medium-sized businesses (SMBs) have had a rough ride since the government’s surprise demonetization initiative went into effect a year ago. According to...
Despite efforts at purging high denomination bank notes last year, new reports indicate 99 percent of the forbidden currencies were actually deposited or exchanged for...
The QR code hasn’t always seemed like a world-changing technology. When it first appeared in the developed world approximately two decades ago — the technology...