AI and technology to commoditize the fintech Industry

160 views

The last few years have witnessed an unprecedented boom of the fintech sector, due to the rapid digitization of finance-related processes such as payments, lending, wealth management, insurance, and more. Globally and in India, established financial institutions and start-ups alike are driving the adoption of fintech solutions through product innovation, continued investments and industry partnerships.


Govt-led initiatives like setting up the NCPI, #DigitalIndia Programme and Jan Dhan Yojana are contributing to the industry’s growth, resulting in wide-scale adoption among both individuals and businesses. Moreover, advancements in automation, AI and Blockchain technologies are expected to further transform customer experience and product offerings.

#Artificialintelligence and other technologies are playing a major role in the commoditization of fintech. This is because AI-powered solutions are making it possible to automate many of the tasks that were once done manually by financial professionals. This automation is leading to a number of benefits, including: Reduced costs, Improved efficiency and Enhanced customer service.

Today's Headline in NewsHours
0:00 Intro
2:55 #Foxconn subsidiary planning to invest $200 million to set up electronic components plant in Tamil Nadu
3:30 #GST Council to decide on tax issue of online gaming on August 2
4:02 #Meta updates Threads app and introduces the new ‘Following’ feature
4:30 Google, OpenAI and others form industry body to safeguard AI models
5:05 #BlackRock inks deal with Jio Financial Services to enter India’s asset management industry



Follow Us On :-

Website:https://varindia.com/

https://www.facebook.com/VARINDIAMagazine/

https://twitter.com/varindiamag

https://www.instagram.com/varindia/

https://www.linkedin.com/company/14636899/admin/
.

You may also like

  • Watch AI and technology to commoditize the fintech Industry Video
    AI and technology to commoditize the fintech Industry

    The last few years have witnessed an unprecedented boom of the fintech sector, due to the rapid digitization of finance-related processes such as payments, lending, wealth management, insurance, and more. Globally and in India, established financial institutions and start-ups alike are driving the adoption of fintech solutions through product innovation, continued investments and industry partnerships.


    Govt-led initiatives like setting up the NCPI, #DigitalIndia Programme and Jan Dhan Yojana are contributing to the industry’s growth, resulting in wide-scale adoption among both individuals and businesses. Moreover, advancements in automation, AI and Blockchain technologies are expected to further transform customer experience and product offerings.

    #Artificialintelligence and other technologies are playing a major role in the commoditization of fintech. This is because AI-powered solutions are making it possible to automate many of the tasks that were once done manually by financial professionals. This automation is leading to a number of benefits, including: Reduced costs, Improved efficiency and Enhanced customer service.

    Today's Headline in NewsHours
    0:00 Intro
    2:55 #Foxconn subsidiary planning to invest $200 million to set up electronic components plant in Tamil Nadu
    3:30 #GST Council to decide on tax issue of online gaming on August 2
    4:02 #Meta updates Threads app and introduces the new ‘Following’ feature
    4:30 Google, OpenAI and others form industry body to safeguard AI models
    5:05 #BlackRock inks deal with Jio Financial Services to enter India’s asset management industry



    Follow Us On :-

    Website:https://varindia.com/

    https://www.facebook.com/VARINDIAMagazine/

    https://twitter.com/varindiamag

    https://www.instagram.com/varindia/

    https://www.linkedin.com/company/14636899/admin/

    Technology video | 160 views

  • Watch भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTech Video
    भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTech

    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


    ► Whatsapp ????https://whatsapp.com/channel/0029Va8zDJJ7DAWqBIgZSi0K ????

    ► Subscribe Now ???? https://link.bjp.org/yt ????Stay Updated! ????

    ► Facebook ???? http://facebook.com/BJP4India

    ► Twitter ???? http://twitter.com/BJP4India

    ► Instagram ???? http://instagram.com/bjp4india

    ► Linkedin ???? https://www.linkedin.com/company/bharatiya-janata-party/

    ► Shorts Video ???? https://www.youtube.com/@bjp/shorts

    ► PM Shri Narendra Modi's programs ???? https://www.youtube.com/watch?v=NQ2mG9eabWg&list=PL8Z1OKiWzyBH3ImCOpXsYZk5C-6GeKnKS

    ► BJP National President Shri JP Nadda's program ???? https://www.youtube.com/watch?v=mc3d67Cg3yk&list=PL8Z1OKiWzyBHWdpDfhww7RwmfMYjZYC7y

    ► HM Shri Amit Shah's programs ???? https://www.youtube.com/watch?v=tSX3TshTq20&list=PL8Z1OKiWzyBHIdo3uGZLPLCjb9iuYuG-2

    ► Popular videos ???? https://www.youtube.com/watch?v=y6mKBvuyOTg&list=UULPrwE8kVqtIUVUzKui2WVpuQ

    ► Playlists BJP Press ???? https://www.youtube.com/watch?v=BUUxF2zZdHI&list=PL8Z1OKiWzyBGesYbBbDcV4MtX8UUpv9Xo

    #BJPLive #BJP #PressLive #PressConference #Press

    भारत आज विश्व के Fastest Growing FinTech Markets में से एक है | PM Modi | FinTech

    News video | 181 views

  • Watch Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool Video
    Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool

    Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool

    Arvind Kejriwal All Interviews:
    https://youtube.com/playlist?list=PLiN7YZXz4nOc23gNiOivcdgeYUEpUUqlU

    Arvind Kejriwal All Townhalls:
    https://youtube.com/playlist?list=PLiN7YZXz4nOdQ-o4kATbxyeNHjD1SyT8n

    Arvind Kejriwal in Punjab Series:
    https://youtube.com/playlist?list=PLiN7YZXz4nOcJRxl8iqYDKsL26FKUvmSr

    Arvind Kejriwal in Goa Series:
    https://youtube.com/playlist?list=PLiN7YZXz4nOflmK5x_tdfrryxrSc3SBzm

    Arvind Kejriwal In Uttarakhand Series:
    https://youtube.com/playlist?list=PLiN7YZXz4nOcZ5TuqFQsJUmwRdNwvKsCT

    Arvind Kejriwal on Baba Saheb Ambedkar:
    https://youtube.com/playlist?list=PLiN7YZXz4nOfWtKqvMU22KihHk2jiUXdS


    Follow Arvind Kejriwal on Social Media :

    Follow Arvind Kejriwal on Twitter: https://www.twitter.com/ArvindKejriwal


    Follow Arvind Kejriwal on Facebook: https://www.facebook.com/AAPkaArvind/


    Follow Aam Aadmi Party on Facebook: https://www.facebook.com/AamAadmiParty


    Follow Aam Aadmi Party on Twitter: https://www.twitter.com/AamAamAadmiParty

    Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool

    News video | 2101 views

  • Watch CII Partnership Summit 2021 - Fintech: Leveraging Technology for Empowering Societies Video
    CII Partnership Summit 2021 - Fintech: Leveraging Technology for Empowering Societies

    The CII Partnership Summit - CII’s annual flagship international event – Is being organised virtually from 13th-15th December 2021. It would capture perspectives of leading experts on growth, development, sustainability, and technology in alignment with CII’s larger theme for the year 2021-22 ‘Building India for a New World: Competitiveness, Growth, Sustainability, Technology.’

    The event would further the agenda of strengthening partnerships and shaping new economic collaborations between countries, as well as among businesses as the world recovers from the pandemic.

    For more, please visit - partnershipsummit.com

    CII Partnership Summit 2021 - Fintech: Leveraging Technology for Empowering Societies

    News video | 331 views

  • Watch Technology connects people in many ways fintech too, does the same within a country Video
    Technology connects people in many ways fintech too, does the same within a country

    Technology connects people in many ways fintech too, does the same within a country.

    Today’s launch has started a new chapter in cross-border fintech connectivity as it will allow people from both countries to do low-cost cross-border fund transfers.

    PM Shri Narendra Modi

    Subscribe Now - http://bit.ly/2ofH4S4 Stay Updated! ????


    • Facebook - http://facebook.com/BJP4India
    • Twitter - http://twitter.com/BJP4India
    • Instagram - http://instagram.com/bjp4india
    • Linkedin- https://www.linkedin.com/company/bharatiya-janata-party/

    Technology connects people in many ways fintech too, does the same within a country

    News video | 237 views

  • Watch Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained Video
    Fintech Market brings huge opportunity For Startups | Financial Technology | VARINDIA Explained

    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 | 203 views

  • Watch The future of Fintech & Industry 4.0 is emerging in India- PM Modi Video
    The future of Fintech & Industry 4.0 is emerging in India- PM Modi

    The future of Fintech & Industry 4.0 is emerging in India: PM Modi
    Make sure you subscribe and never miss a new video: https://goo.gl/bkDSLj

    For Catch Special: https://goo.gl/fKFzVQ
    For Short News: https://goo.gl/hiiCJ7
    For Entertainment: https://goo.gl/nWv1SM
    For Sports: https://goo.gl/avVxeY

    Catch is a contemporary new digital platform about the ideas and events shaping the world. It aims to filter and provide news-on-the-run for an impatient new generation. It offers greater insight for influencers and the deeper consumer of news. When opinions are shrill and polarized, we hope to create a middle ground and build bridges. When there is a set thinking, we hope to stand apart and go against the wind. The world is complex, exciting, layered, evolving, always interesting. We hope to be the same.

    Lots of videos and lots more in the pipeline. Stay tuned.

    Watch The future of Fintech & Industry 4.0 is emerging in India- PM Modi With HD Quality

    News video | 754 views

  • Watch Future of FinTech Industry Looks Promising Video
    Future of FinTech Industry Looks Promising

    With the Government's flagship Digital India Programme, adoption of digital payments and enabling a seamless payment experience has played a crucial role in realizing the vision of a digitally empowered economy. With the introduction of emerging technologies like AI and ML, fintech players are benefitting both the industry and the consumers at the same time. Fintech players are hopeful that the industry will expand and will penetrate into newer areas of financial transactions. Previously, most of the technology companies were giving products and services to banks through back-end support. Over the years, India has seen a very unique progress with adoption of fintech services in terms of speed and scale

    The pandemic has been a push for digital payments where every person from any walk of life is learning how to do digital commerce and transacting online. It has created an immediate need for safer, more efficient experience, both online and offline. At the same time, the Government of India through its multiple financial institutions has been aiming at creating a ‘cashless’ society. But this is a dream, which will take some time to get fulfilled. On the other hand the technology officers of multiple companies will play a crucial role in adopting technology to drive efficiencies and growth, eventually leading to better profitability. A techno expert says, the government's support, in providing adequate liquidity through regulated banks and NBFCs, will also provide the much-needed support to the fintech to work towards a positive approach


    Follow Us On :-

    https://www.facebook.com/VARINDIAMagazine/

    https://twitter.com/varindiamag

    https://www.instagram.com/varindia/

    https://www.linkedin.com/company/14636899/admin/

    https://in.pinterest.com/varindia/?

    https://varindia.tumblr.com/?

    Visit on https://varindia.com/ to know more

    Labels & Copyrights :- VARINDIA

    Fu

    Technology video | 206 views

  • Watch Fintech industry is driving Financial Inclusion in India Video
    Fintech industry is driving Financial Inclusion in India

    Future of the Fintech industry looks shining and growing rapidly on the back of the rise of start-ups in the Fintech industry, penetration of smartphone users, continuous build-up of the digital infrastructure and overall streaming of financial processes in many industries. At the same time, the digital payments industry has evolved considerably introducing innovative products, technologies, operating models, etc from time to time. There has been a manifold increase in digital payments in the recent past. Finance minister Mrs Nirmala Sitharaman in the Union budget has earmarked ₹1,500 crore for a scheme to incentivize digital payments to give a further boost to digital transactions.

    The collaboration between tech innovators and financial institutions will go a long way in building a seamless eco-system benefitting all parties involved. A report says, India's fintech industry valuation is estimated at $150-160 billion by 2025. It translates to an incremental value-creation potential of approximately $100 billion. It is estimated that to meet this ambition, India's FinTech sector will need investments of 20-25 billion dollars over the next five years. The current cybercrime related to the banking fraud is over 290,000. Over 2.9 lakh cyber security incidents related to digital banking were reported in 2020. Fintechs have various benefits. They can also be viewed as double-edged swords because the technological innovations led by them may also magnify the existing threats to consumers in terms of privacy breaches and cybersecurity risks.


    Follow Us On :-

    https://www.facebook.com/VARINDIAMagazine/

    https://twitter.com/varindiamag

    https://www.instagram.com/varindia/

    https://www.linkedin.com/company/14636899/admin/

    https://in.pinterest.com/varindia/?

    https://varindia.tumblr.com/?

    Visit on https://varindia.com/ to know more

    Labels & Copyrights :- VARINDIA

    Fin

    Technology video | 257 views

  • Watch Indian fintech industry has grown rapidly during the pandemic Video
    Indian fintech industry has grown rapidly during the pandemic

    #fintechindustry #pandemic #DigitalBanking

    Businesses around the world are grappling with challenging times and with the emergence of banking technologies, it has changed the face of the fintech industry. Fintech is now part of the BFSI sector and is changing rapidly, with the evolution of innovative, new-age technologies like Artificial Intelligence (AI), Machine Learning (ML), and more, digital banking is climbing to new heights. Banks are now joining forces with fintech startups to upgrade their existing systems and enable smoother operations to deliver a better experience for consumers. Banks have not only partnered with fintechs but have also been busy in modernising the lending infrastructure and the value chain which includes biometric KYC, pre-approved home loans to support digital banking.



    Technological advancements seen globally are playing out in India as well. The pre-defined APIs allow banks and financial entities to club in their frequently used microservices to accelerate their business. With easy integrations and data sharing, APIs can help banks save several weeks. The demand for personal loans has only grown over the years, especially among the low-income families and borrowers, who mainly avail of these loans for consumption purposes. All fintechs popping up these days target young and low-income people who are digitally savvy and seek short-term credit solutions for pursuing various aspirations. Now fintechs are adopting a completely remote and form-less onboarding process, which is based on video, voice and images with video based KYC, fuelled by consumer demand resulting in a digital lending boom in India.


    Follow Us On :-

    https://www.facebook.com/VARINDIAMagazine/

    https://twitter.com/varindiamag

    https://www.instagram.com/varindia/

    https://www.linkedin.com/company/14636899/admin/

    https://in.pinterest.com/varindia/?

    https://varindia.tumblr.com/?

    Technology video | 193 views

Beauty tips Video

  • Watch Purplle IHB sale - cuffs n lashes recommendation Video
    Purplle IHB sale - cuffs n lashes recommendation

    Subscribe to my Vlog Channel - Nidhi Katiyar Vlogs
    https://www.youtube.com/channel/UCVgQXr1OwlxEKKhVPCTYlKg
    -----------------------------------------------------------------------------------------------------------------------------
    My Referal Codes -
    Plum Goodness -
    Use code - NK15 for 15% off
    https://plumgoodness.com/discount/NK15
    Re'equil - Use Code - NIDHIKATIYAR FOR 10%OFF
    https://bit.ly/3ofrJhl
    Mamaearth - Use Code nidhi2021 for 20% off
    colorbar cosmetics - CBAFNIDHIKA20
    Watch My other Vlogs -
    https://www.youtube.com/watch?v=ih_bKToLC3g&list=PLswt2K44s-hbKsvEBLEC5fHDkEp7Wwnpd

    Watch My Disney Princess to Indian Wedding Series here - Its fun to watch Indian Avatar of Disney Princesses -
    https://www.youtube.com/watch?v=lPkRbupcUB0&list=PLswt2K44s-haUOABjzzUOG2jwUh_Fpr96

    Watch My Monotone Makeup Looks Here -
    https://www.youtube.com/watch?v=WrpPx-_F1Yw&list=PLswt2K44s-hZOfXt-sSQlVe7C_vBOjsWQ

    Love Affordable Makeup - Checkout What's new in Affordable -
    https://www.youtube.com/watch?v=lowjaZ9kZcs&list=PLswt2K44s-hZcQ-tZUr7GzH0ymkV18U8o

    Here is my Get UNREADY With Me -
    https://www.youtube.com/watch?v=aLtDX9l8ovo&list=PLswt2K44s-hbLjRz8rtj8FTC-3tZ55yzY
    -----------------------------------------------------------------------------------------------------------------------------------
    Follow me on all my social media's below:
    email :team.nidhivlogs@gmail.com
    Facebook: https://www.facebook.com/prettysimplenk/
    Twitter : https://twitter.com/nidhikatiyar167
    Instagram - https://www.instagram.com/nidhi.167/
    Shop affordable Makeup here -
    https://www.cuffsnlashes.com
    ------------------------------------------------------------------------------------------------------------------------------
    Shop affordable Makeup here -
    https://www.cuffsnlashes.com

    Subscribe to my other channel 'Cuffs

    Beauty Tips video | 13884 views

  • Watch Styling Pakistani suit from ​⁠@Meesho #shorts #meeshosuithaul #pakistanisuits #meeshokurti Video
    Styling Pakistani suit from ​⁠@Meesho #shorts #meeshosuithaul #pakistanisuits #meeshokurti



    Styling Pakistani suit from ​⁠@Meesho #shorts #meeshosuithaul #pakistanisuits #meeshokurti

    Beauty Tips video | 1440 views

  • Watch Barbie makeup- cut crease eye look - pink makeup for beginners #shorts #cutcrease #pinkeyelook Video
    Barbie makeup- cut crease eye look - pink makeup for beginners #shorts #cutcrease #pinkeyelook

    Barbie makeup- cut crease eye look - pink makeup for beginners #shorts #cutcrease #pinkeyelook Flat 25% off on Cuffs n Lashes entire range + free gift on all orders above 299
    Cuffs n Lashes X Shystyles eyeshadow Palette - Seductress https://www.purplle.com/product/cuffs-n-lashes-x-shystyles-the-shystyles-palette-12-color-mini-palette-seductress
    Cuffs n Lashes Eyelashes - Pink City - https://www.purplle.com/product/cuffs-n-lashes-5d-eyelashes-17-pink-city
    Cuffs n Lashes Cover Pot - Nude - https://www.purplle.com/product/cuffs-n-lashes-cover-pots-nude
    Cuffs n Lashes F021 Fat top brush - https://www.purplle.com/product/cuff-n-lashes-makeup-brushes-f-021-flat-top-kabuki-brush
    Cuffs n Lashes x Shsytyeles Brush - https://www.purplle.com/product/cuffs-n-lashes-x-shystyles-makeup-brush-cs01-flat-shader-brush
    Cuffs n Lashes Flat shader Brush E004 - https://www.purplle.com/product/cuff-n-lashes-makeup-brushes-e004-big-lat-brush

    Barbie makeup- cut crease eye look - pink makeup for beginners #shorts #cutcrease #pinkeyelook

    Beauty Tips video | 1588 views

  • Watch Latte Makeup but with Indian touch #shorts #lattemakeup #viralmakeuphacks #viralmakeuptrends #makeup Video
    Latte Makeup but with Indian touch #shorts #lattemakeup #viralmakeuphacks #viralmakeuptrends #makeup



    Latte Makeup but with Indian touch #shorts #lattemakeup #viralmakeuphacks #viralmakeuptrends #makeup

    Beauty Tips video | 1169 views

  • Watch No Makeup vs No Makeup Makeup look #shorts #nomakeupmakeup #nofilter #naturalmakeup #everydaymakeup Video
    No Makeup vs No Makeup Makeup look #shorts #nomakeupmakeup #nofilter #naturalmakeup #everydaymakeup



    No Makeup vs No Makeup Makeup look #shorts #nomakeupmakeup #nofilter #naturalmakeup #everydaymakeup

    Beauty Tips video | 1606 views

  • Watch No more chipchip skin - Just fresh glowing skin #shorts #ashortaday #freshskin #skincare #sale #BOGO Video
    No more chipchip skin - Just fresh glowing skin #shorts #ashortaday #freshskin #skincare #sale #BOGO

    The Purplle I Heart Beauty Sale goes live on the 2nd of August!
    BUY 1 GET 1 FREE on all mCaffeine products.

    mCaffeine Cherry Affair - Coffee Face Mist - https://mlpl.link/INFIwj2Q
    mCaffeine On The Go Coffee Body Stick - https://mlpl.link/INF3lvBa

    Download the Purplle app here:
    https://mlpl.link/JCCZ2INF

    Subscribe to my Vlog Channel - Nidhi Katiyar Vlogs
    https://www.youtube.com/channel/UCVgQXr1OwlxEKKhVPCTYlKg
    -----------------------------------------------------------------------------------------------------------------------------

    Watch My other Vlogs -
    https://www.youtube.com/watch?v=ih_bKToLC3g&list=PLswt2K44s-hbKsvEBLEC5fHDkEp7Wwnpd

    Watch My Disney Princess to Indian Wedding Series here - Its fun to watch Indian Avatar of Disney Princesses -
    https://www.youtube.com/watch?v=lPkRbupcUB0&list=PLswt2K44s-haUOABjzzUOG2jwUh_Fpr96

    Watch My Monotone Makeup Looks Here -
    https://www.youtube.com/watch?v=WrpPx-_F1Yw&list=PLswt2K44s-hZOfXt-sSQlVe7C_vBOjsWQ

    Love Affordable Makeup - Checkout What's new in Affordable -
    https://www.youtube.com/watch?v=lowjaZ9kZcs&list=PLswt2K44s-hZcQ-tZUr7GzH0ymkV18U8o

    Here is my Get UNREADY With Me -
    https://www.youtube.com/watch?v=aLtDX9l8ovo&list=PLswt2K44s-hbLjRz8rtj8FTC-3tZ55yzY
    -----------------------------------------------------------------------------------------------------------------------------------
    Follow me on all my social media's below:
    email :team.nidhivlogs@gmail.com
    Facebook: https://www.facebook.com/prettysimplenk/
    Twitter : https://twitter.com/nidhikatiyar167
    Instagram - https://www.instagram.com/nidhi.167/
    Shop affordable Makeup here -
    https://www.cuffsnlashes.com
    ------------------------------------------------------------------------------------------------------------------------------
    Shop affordable Makeup here -
    https://www.cuffs

    Beauty Tips video | 1339 views

Vlogs Video