Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained
Fintech is a term used to describe the companies operating in the financial technology sector. Rising popularity for digital payments, increased investments in technology-based solutions, supportive government regulations, increased adoption of IOT devices are expected to positively influence the Global FinTech Market in the coming years. Rising innovations like mobile wallets, mobile banking, secure payment gateways, digitized money, paperless lending, etc., and adoption of e-commerce platforms across the economies, coupled with rising smartphone penetration have paved the way for increasing FinTech transactions. India has undoubtedly emerged as one of the fastest-growing FinTech hotspots in recent years. However, concerns related to data security, lack of mobile and technology expertise may hamper the FinTech market during the forecast period. Analysts say that we are still at the earliest stages of true FinTech as the future impact of cloud computing, IoT, artificial intelligence, and blockchain cannot even be estimated yet. Each year, tech companies are digging deeper into the financial services value chain and also creating new market structures in underbanked developing countries. Pure FinTech players are now sharing the market with some banks which provide new, digital-friendly banking services and integrate digital payments, microfinancing, and robo-advisor services into existing bank accounts.
Digital banking will play a crucial role in the growth of the global fintech market in the coming years. With the global adoption rate of nearly 25%, this market brings various opportunities for fintech companies. Apart from the credit financing, there are several ways the SMEs can be benefited, like using APIs and distributed accounting technologies to achieve process efficiency. According to a report from Boston Consulting Group and FICCI, India is well-.
Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained
Fintech is a term used to describe the companies operating in the financial technology sector. Rising popularity for digital payments, increased investments in technology-based solutions, supportive government regulations, increased adoption of IOT devices are expected to positively influence the Global FinTech Market in the coming years. Rising innovations like mobile wallets, mobile banking, secure payment gateways, digitized money, paperless lending, etc., and adoption of e-commerce platforms across the economies, coupled with rising smartphone penetration have paved the way for increasing FinTech transactions. India has undoubtedly emerged as one of the fastest-growing FinTech hotspots in recent years. However, concerns related to data security, lack of mobile and technology expertise may hamper the FinTech market during the forecast period. Analysts say that we are still at the earliest stages of true FinTech as the future impact of cloud computing, IoT, artificial intelligence, and blockchain cannot even be estimated yet. Each year, tech companies are digging deeper into the financial services value chain and also creating new market structures in underbanked developing countries. Pure FinTech players are now sharing the market with some banks which provide new, digital-friendly banking services and integrate digital payments, microfinancing, and robo-advisor services into existing bank accounts.
Digital banking will play a crucial role in the growth of the global fintech market in the coming years. With the global adoption rate of nearly 25%, this market brings various opportunities for fintech companies. Apart from the credit financing, there are several ways the SMEs can be benefited, like using APIs and distributed accounting technologies to achieve process efficiency. According to a report from Boston Consulting Group and FICCI, India is well-
Technology video | 129 views
Cybersecurity brings great opportunity for MSPs to expand, grow their business | VARINDIA News Hour
Cybersecurity is a lucrative business. Cybercrime is a booming business, inflicting damage to businesses estimated at $3 trillion per year and growing to $5 trillion by 2024, according to a recent report by Juniper Research. Cyberattacks are a costly business nightmare, resulting in profit-sapping downtime, lost revenues, brand damage, stock price losses and regulatory fines. The growing risk of being hit by a cyberattack makes it a no-brainer for organizations of all sizes to adopt cybersecurity solutions. This is where MSPs come into the picture. Cybersecurity poses a great opportunity for MSPs to expand, grow their business, and drive revenues while providing customers with more comprehensive solutions. Ransomware is designed to completely encrypt a victim’s file system, potentially causing an irreversible loss of data. Second, an increasing number of cybercriminals are utilizing ransomware to extract money out of victims. Some surveys have shown that losses for businesses can average $2,500 for each incident, with businesses willing to shell out millions of dollars to decrypt their data in some instances. Given the whole purpose of ransomware is to extract money from victims, total loss values are often the numbers people care about the most.
There is an increasingly large number of businesses, governments, and individuals faced huge losses due to these types of virus attacks. Cybercrime is estimated to have increased by around 600% in the past year, with ransomware alone costing companies around $75 billion a year. A report says, the right cyber protection capabilities and management tools can capitalize on ransomware’s growth and add significant value to your service, allowing you to grow your client base, customer satisfaction, and revenue streams. 71% of ransomware targets SMBs, and 3 out of 5 MSPs had to deal with a ransomware attack on SMB
Technology video | 142 views
भारत आज विश्व के Fastest Growing FinTech Markets में से एक है।
FinTech में भारत की ताकत GIFT IFSC के विजन से जुड़ी हुई हैं, जिसके कारण ये स्थान FinTech का एक उभरता हुआ केंद्र बन रहा है।
- पीएम @narendramodi
पूरा वीडियो देखें: https://youtube.com/watch?v=cWg_uIFEy4s
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भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTech
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Over the past decade, the fintech sector in India has witnessed a significant rise, with investments exceeding $31 billion.
Indian fintech startups have experienced a remarkable 500% growth during this period.
- PM Modi, Mumbai, 30.08.2024
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Indian fintech startups have experienced a remarkable 500% growth during this period | PM Modi
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#crypto #blockchain #startup
Crypto Vs Blockchain Startup
There are many Indian companies working actively in the crypto space. India's crypto industry attracts foreign funds, but local investors remain wary. Cryptocurrency has seen tremendous growth in the last one year and from a consumer and technology standpoint, India is an important destination for cryptos. The venture capital companies including Sequoia Capital India, Lightspeed India, Elevation Capital and others are warming up to India’s cryptocurrency and blockchain industry. Several international funds such as Pantera Capital and Coinbase Ventures, and entrepreneur investors like Mark Cuban, have been investing in blockchain and crypto startups founded by Indians.
The absence of regulatory approval and the possibility of a blanket ban has, however, kept most Indian funds at bay, despite the heightened interest in crypto and blockchain. Despite the regulatory uncertainty and the volatility of cryptocurrencies, Indian start-ups in the space saw funding grow 73% in the first six months of calendar 2021 compared to the whole of 2020.Total funding year-to-date in 2021 stood at $50.03 million against the $28.85 million raised by cryptocurrency-based start-ups in 2020, according to data from Tracxn. A report says, the lockdown in 2020 had led to increased activity in the cryptocurrency market as retail and institutional investors turned to this investment avenue as volatility hit the stock market. Blockchain faces hurdles, including volatility in cryptocurrency pricing and confusion and misunderstanding from many consumers about the technology and related financial services, experts say.
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SaaS companies might be the next wave of technology giants | Technology | VARINDIA News Hour
The Indian Software as a Service (SaaS) landscape continues to mature rapidly, with more companies reaching larger scale and driving heightened investor interest. In 2021, more than 35 Indian SaaS companies had $20 Million+ annual recurring revenue - a sevenfold increase over five years -with between 7 and 9 of these companies reaching the $100M annual recurring revenue milestone (versus one to two companies five years ago). India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled 'Shaping India’s SaaS Landscape' by #SaaSBOOMi. Vertical business software has seen 100% year-over-year growth, with several Indian success stories emerging. Growth is primarily driven by an increased number of deals for vertical business software and larger deal sizes for horizontal business software. A report says, software accounts for 20% of the total enterprise spending on technology but has a value creation of nearly 50%.
The #SaaS companies founded in India by the Indian founders, that have the majority of their workforce in India, are serving both domestic and global customers, which is $2.6 billion in size and employs about 40,000 people, is expected to record a 20X revenue jump by 2030. The narrative goes beyond this mammoth opportunity. This ‘20X jump’, which will generate $50-70 billion in revenue, is merely 6 percent of the global SaaS market —reflecting the untapped size of the pie and the huge window of opportunity that lies ahead for the SaaS industry. The Indian SaaS ecosystem will be one of the biggest value creation opportunities that we are going to see in the decade ahead of us. It is touted to grow at a CAGR of 18%. The Indian SaaS landscape is maturing rapidly, with the number of SaaS firms doubling and 60+ SaaS firms
Technology video | 101 views
The future of work in the technology driven world |A.I. Technology | VARINDIA News Hour
Tech is the most important enabler of remote work, but it hasn’t been without issues. The current “work anywhere” trend ushered in by the COVID-19 pandemic has led to the dismantling and reimagining of many of the characteristics of last century’s workplace. The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. It’s clear that remote and hybrid work is here to stay. Employee expectations are changing, and we will need to define productivity much more broadly – inclusive of collaboration, learning and wellbeing to drive career advancement for every worker, including frontline and knowledge workers, as well as for new graduates and those who are in the workforce today. All this needs to be done with flexibility in, when, where and how people work.” As the traditional office transitions into a place without borders, business leaders need to be proactive about keeping their talent loyal to their mission, values, and goals while adequately supporting their workforce with the tools they need to stay productive, engaged, and successful. But that’s not all. Employers also have a new burden to contend with in this new working environment: elevating the protection of their assets against bad actors.
According to Gartner, remote workers will make up 32% of all employees worldwide by 2024. Businesses face myriad challenges shifting to this hybrid landscape. Ivanti’s research shows that the remote and hybrid work experience for IT professionals varies across gender lines. More men than women report losing personal connections with co-workers in this digital-first culture. Women, however, have benefitted the most overall from the flexibility that remote work brings. This shift in employee experience cannot be ignored. Em
Technology video | 183 views
CII along with PwC as knowledge partner, is exploring new areas and technologies to understand the market for India’s last mile logistics network as well as seeking interest of startups to invest and explore the opportunities. In this context, CII organized a Session on Last Mile Logistics: Opportunity for Startups on 26h August 2022 (Friday) between 1100 - 1230 Hrs (IST) to discuss the future of intra-city logistics from the lens of demand-supply dynamics and increasing tech synergies in this sector.
#ICONN2022 #startups #CII4Startups #startupindia
ICONN 2022 : Session on Last Mile Logistics: Opportunity for Startups
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Share Market में लौटी रौनक | Sensex Market latest news | Share Market | Stock market
सोमवार को पहले थोक महंगाई दर और फिर शाम को खुदरा महंगाई दर के उत्साहजनक आंकड़े आने का असर आज भारतीय बाजार पर दिखाई दिया... इस बीच अंतरराष्ट्रीय बाजारों से भी अच्छी खबरें मिलती रहीं.... जिससे सेंसेक्स में गिरावट के दौर पर ब्रेक लग गया... और बंबई स्टॉक एक्सचेंज का सेंसेक्स 465 और निफ्टी 149 अंक उछल गया.
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Watch Share Market में लौटी रौनक | Sensex Market latest news | Share Market | Stock market With HD Quality
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'PPIs Interoperability' | RBI's Fintech Implications | VARINDIA News Hour
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Prepaid instruments are designed to hold funds as a store of value funded by an individual or business for a specific purpose. PPIs are typically issued to consumers or businesses by platforms looking to facilitate digital transactions through swipes i.e., POS machines, online i.e., Payment Gateway, UPI payments i.e., Scan n Pay, or for payments to other customers i.e., Wallets. RBI mandated interoperability for full-KYC prepaid instruments and for all payment acceptance infrastructure by 31st March 2022. Interoperability refers to the ability of computer systems or software to exchange and make use of information. This would imply the exchange of information and the seamless transfer of funds between PPIs. The move towards mandatory interoperability is being seen as consumer friendly as it will allow customers of mobile wallets to transfer funds from one wallet to another. Further, as a confidence-boosting measure, and to bring uniformity across PPI issuers, it is now proposed to allow cash withdrawals for full-KYC PPIs of non-bank PPI issuers. In the past, the RBI’s policies have inadvertently affected the popularity of PPIs. With the rollout of UPI and the imposition of strict obligations to ensure KYC compliance in 2017, PPIs witnessed a loss of appeal in providing wallet services. The customer base began migrating towards the use of UPI, which provided zero-cost transfers directly from bank accounts, bypassing the service fee which was charged on such transactions by PPIs.
Secondly, the RBI proposed to gradually allow the payment system operators to obtain direct membership in the Central Payment System. This would enable them to additionally transact through Real-Time Gross Settlement and National Electronic Funds Transfer without the interference of traditional banks. Beneficiaries would not only
Technology video | 188 views
IND vs SA | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs South Africa in the World Cup T20 2024 season! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the South Africa, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of World Cup T20 2024. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SA | World Cup T20 2024 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 982 views
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Zimbawe in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Zimbawe, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 184 views
Watch as our employees try to guess the famous cricketers from just a few clues. Can you beat them at their own game? Test your cricket knowledge and see how many cricketers you can guess correctly. Don’t forget to like, comment, and subscribe for more fun office challenges and cricket trivia! #CricketChallenge #OfficeFun #guessthecricketer #crickettrivia
Office Fun Challenge: Guess the Cricketers? #office #crictracker #cricketlover ????
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IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Bangladesh in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Bangladesh, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 604 views
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 584 views
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Sports video | 215 views