The Impact of Fintech and Digital Financial Services on Financial
India's financial inclusion has significantly improved during the last several years. In recent years, there has been a rise in the number of Indians who have bank accounts, with this figure believed to be close to 80% at present. Fintech businesses in India are progressively becoming more noticeable as the Government of India (GoI) continues to strive for expanding financial services to the ...
PDF The changing face of financial services: Growth of FinTech in India
success story for India's FinTech sector. India's well-functioning FinTech ecosystem has been powered by its strengths on a variety of dimensions. Multiple stakeholders - regulators, the Government, financial institutions, academia, etc. - have contributed to enabling the FinTech sector's success.
(PDF) Fintech In India
The paper provides the historical evolution of Fintech and Market size and growth. In addition, the advantages and disadvantages of Fintech, Fintech hub, and Fintech regulation of India. Discover ...
Fintech Industry In India: The Revolutionized Finance Sector
Abstract. Fintech is the latest buzzword in the a rea of finance sector; the latest evolution of Fintech, led by startups, poses challenges for regulators and market participants alike, notably in ...
(PDF) The Impact of FinTech on Financial Services in India: Past
The Impact of FinTech on Financial Services in India: Past, Present, and Future Trends. January 2021. DOI: 10.4018/978-1-7998-3257-7.ch012. In book: Innovative Strategies for Implementing FinTech ...
Past, Present and Future of FinTech Research: A Bibliometric Analysis
Summarize the existing literature on the evolution and dimensions of Fintech. The review paper mainly focused on the evolution of Fintech: Puschmann (2017) Terms and approaches used in FinTech To discuss dimensions of FinTech The Evolution of FinTech: The focus is on fintech evolution, the study divided fintech evolution eras into different parts.
Unleashing the Potential of the Indian Fintech for Financial Inclusion
They believe that the fintech can lead to better access to finance. This study provides a thematic analysis of the qualitative data leading to four major themes in the newly evolving Indian fintech landscape. The themes that emerged from the in-depth interviews with the key informants, are evolution, potential, market strategy and regulatory.
The India Stack is Revolutionizing Access to Finance
These advances build on the India Stack—a comprehensive digital identity, payment, and data-management system that we write about in a new paper (Carrière-Swallow, Haksar, and Patnam 2021). The India Stack is widening access to financial services in an economy where retail transactions are heavily cash based. A digital ID card dramatically ...
"You should do what India does": FinTech ecosystems in India reshaping
Introduction "India's payment system is sort of leap-frogging the world (…)So Google wrote a letter to the Federal Reserve saying that, you know, 'you should do what India does'"(IP10) A success story of the FinTech industry, India is frequently portrayed as a global pioneer for technological innovations in finance (IMF, 2022), with results deemed "relevant and applicable for all ...
Fintech and Banking: An Indian Perspective
1.1 Introduction to Fintech. The term financial technology, also written as fintech or Fin-tech, is a neologism that combines the terms "financial" and "technology," and it describes the fusion of Internet-based technologies, such as cloud computing or mobile Internet, with well-established banking industry business activities, such as transaction banking or lending (Gomber et al., 2017).
PDF India Fintech Report
India FinTech Landscape 4 This table illustrates the segment-wise breakup. NUMBER OF FINTECH STARTUPS BY SEGMENTS 405 Payments 365 Lending 313 WealthTech (Less PFM) 173 Personal Finance Management 111 InsurTech 58 RegTech + Cybersecurity 748 Other Segments India currently has around 2174 FinTech startups. Here's the breakdown: CITY-WISE ...
The impact of the FinTech revolution on the future of banking
The financial technology (FinTech) revolution is in full swing globally. Although technology has been a part of the financial services industry since the 1850s, it is only during the past two decades that FinTech has become a term to customarily describe breakthroughs in technology that potentially have the power to transform the provision of financial services, drive the creation of novel ...
Fintech in India
The main purpose of this paper accesses the opportunity and challenges in the fintech industry. It explains the evolution of the fintech industry and present financial technology (fintech) in the Indian finance sector. The fintech provide digitalization transaction and more secure for the user. The benefits of fintech services reducing ...
Research article Impact of green finance and fintech on sustainable
Hence, the outcome of financial technology in fast-tracking the shift of green finance to sustainable economic development in India is indistinguishable. For this paper, the role of fintech is examined as a borderline situation that can control the outcome ofsustainable finance on sustainable economic growth [33].
FinTech in India: A Systematic Literature Review
FinTech in India: A Systematic Literature Review. September 2023. DOI: 10.4018/979-8-3693-0008-4.ch012. In book: The Sustainable Fintech Revolution (pp.225-250) Authors: Gowtham Ramkumar. To read ...
The future of Fintech in India report
The paper dives deeper into the granular vertical-specific themes that will shape the future of fintechs and the implications on payments, lending, wealth, insurance and Web3 fintechs. In this report, BCG looks at the themes that will be shaping the future of Fintech in India. Read the full report now to find out what lies ahead.
Full article: Examining the factors influencing fintech adoption
The main impetus of the research is to inquire into the fintech adoption behaviour of India's GenY population. The focus of this research paper is to enlarge the scope of the planned behaviour theory by including other exogenous variables, information quality (IQ), and readiness to pay for privileges.
FinTech Evolution to Revolution in India
The trendy discussion in India these days is the creation of a cashless economy. The effective execution of demonetization has driven the economy towards digital transactions. This innovation is absolutely embraced with quick adoption of systems like IMPS, RTGS, NEFT, E-wallets, Aadhar Pay, Debit Cards and UPI. We find ourselves in a virtual wonderland, wherein an ice cream vendor accepts ...
Fintech Innovations And Their Impact On Traditional Financial
Fintech (financial technology) innovations have been reshaping the financial landscape, revolutionizing the way people access financial services, conduct transactions, and manage their finances.
Digital transformation and the emergence of the Fintech sector
Fintech risks (14 papers) Fintech risks refer to the probability of occurring a non-expected event by firms and its consequences. There are three main types of risks related to the rapid growth of these firms: financial, reputational, cyber risks and data privacy risks (Ozili, 2018).
PDF Research Paper The Key Drives of Fintech in India; Study on Customer
paper is the opportunities and the challenges in the FinTech Industry, the evolution of The FinTech technology in India. FinTech facilitates a more secure, fast mode of transaction For the user. His research paper shows that FinTech industry change for the financial services In India. The Indian Government promotes FinTech Industry and new ideas.
ROLE OF FINTECH IN DEVELOPMENT OF INDIAN ECONOMY
Objectives of the study: 1. To study the evolution of Fintech in India. 2. To study role of Fintech in development of various sectors in Indian economy. 3. To study the challenges faced by Fintech ...
COMMENTS
India's financial inclusion has significantly improved during the last several years. In recent years, there has been a rise in the number of Indians who have bank accounts, with this figure believed to be close to 80% at present. Fintech businesses in India are progressively becoming more noticeable as the Government of India (GoI) continues to strive for expanding financial services to the ...
success story for India's FinTech sector. India's well-functioning FinTech ecosystem has been powered by its strengths on a variety of dimensions. Multiple stakeholders - regulators, the Government, financial institutions, academia, etc. - have contributed to enabling the FinTech sector's success.
The paper provides the historical evolution of Fintech and Market size and growth. In addition, the advantages and disadvantages of Fintech, Fintech hub, and Fintech regulation of India. Discover ...
Abstract. Fintech is the latest buzzword in the a rea of finance sector; the latest evolution of Fintech, led by startups, poses challenges for regulators and market participants alike, notably in ...
The Impact of FinTech on Financial Services in India: Past, Present, and Future Trends. January 2021. DOI: 10.4018/978-1-7998-3257-7.ch012. In book: Innovative Strategies for Implementing FinTech ...
Summarize the existing literature on the evolution and dimensions of Fintech. The review paper mainly focused on the evolution of Fintech: Puschmann (2017) Terms and approaches used in FinTech To discuss dimensions of FinTech The Evolution of FinTech: The focus is on fintech evolution, the study divided fintech evolution eras into different parts.
They believe that the fintech can lead to better access to finance. This study provides a thematic analysis of the qualitative data leading to four major themes in the newly evolving Indian fintech landscape. The themes that emerged from the in-depth interviews with the key informants, are evolution, potential, market strategy and regulatory.
These advances build on the India Stack—a comprehensive digital identity, payment, and data-management system that we write about in a new paper (Carrière-Swallow, Haksar, and Patnam 2021). The India Stack is widening access to financial services in an economy where retail transactions are heavily cash based. A digital ID card dramatically ...
Introduction "India's payment system is sort of leap-frogging the world (…)So Google wrote a letter to the Federal Reserve saying that, you know, 'you should do what India does'"(IP10) A success story of the FinTech industry, India is frequently portrayed as a global pioneer for technological innovations in finance (IMF, 2022), with results deemed "relevant and applicable for all ...
1.1 Introduction to Fintech. The term financial technology, also written as fintech or Fin-tech, is a neologism that combines the terms "financial" and "technology," and it describes the fusion of Internet-based technologies, such as cloud computing or mobile Internet, with well-established banking industry business activities, such as transaction banking or lending (Gomber et al., 2017).
India FinTech Landscape 4 This table illustrates the segment-wise breakup. NUMBER OF FINTECH STARTUPS BY SEGMENTS 405 Payments 365 Lending 313 WealthTech (Less PFM) 173 Personal Finance Management 111 InsurTech 58 RegTech + Cybersecurity 748 Other Segments India currently has around 2174 FinTech startups. Here's the breakdown: CITY-WISE ...
The financial technology (FinTech) revolution is in full swing globally. Although technology has been a part of the financial services industry since the 1850s, it is only during the past two decades that FinTech has become a term to customarily describe breakthroughs in technology that potentially have the power to transform the provision of financial services, drive the creation of novel ...
The main purpose of this paper accesses the opportunity and challenges in the fintech industry. It explains the evolution of the fintech industry and present financial technology (fintech) in the Indian finance sector. The fintech provide digitalization transaction and more secure for the user. The benefits of fintech services reducing ...
Hence, the outcome of financial technology in fast-tracking the shift of green finance to sustainable economic development in India is indistinguishable. For this paper, the role of fintech is examined as a borderline situation that can control the outcome ofsustainable finance on sustainable economic growth [33].
FinTech in India: A Systematic Literature Review. September 2023. DOI: 10.4018/979-8-3693-0008-4.ch012. In book: The Sustainable Fintech Revolution (pp.225-250) Authors: Gowtham Ramkumar. To read ...
The paper dives deeper into the granular vertical-specific themes that will shape the future of fintechs and the implications on payments, lending, wealth, insurance and Web3 fintechs. In this report, BCG looks at the themes that will be shaping the future of Fintech in India. Read the full report now to find out what lies ahead.
The main impetus of the research is to inquire into the fintech adoption behaviour of India's GenY population. The focus of this research paper is to enlarge the scope of the planned behaviour theory by including other exogenous variables, information quality (IQ), and readiness to pay for privileges.
The trendy discussion in India these days is the creation of a cashless economy. The effective execution of demonetization has driven the economy towards digital transactions. This innovation is absolutely embraced with quick adoption of systems like IMPS, RTGS, NEFT, E-wallets, Aadhar Pay, Debit Cards and UPI. We find ourselves in a virtual wonderland, wherein an ice cream vendor accepts ...
Fintech (financial technology) innovations have been reshaping the financial landscape, revolutionizing the way people access financial services, conduct transactions, and manage their finances.
Fintech risks (14 papers) Fintech risks refer to the probability of occurring a non-expected event by firms and its consequences. There are three main types of risks related to the rapid growth of these firms: financial, reputational, cyber risks and data privacy risks (Ozili, 2018).
paper is the opportunities and the challenges in the FinTech Industry, the evolution of The FinTech technology in India. FinTech facilitates a more secure, fast mode of transaction For the user. His research paper shows that FinTech industry change for the financial services In India. The Indian Government promotes FinTech Industry and new ideas.
Objectives of the study: 1. To study the evolution of Fintech in India. 2. To study role of Fintech in development of various sectors in Indian economy. 3. To study the challenges faced by Fintech ...