Federal Bank launches instant online demat account
It is the first bank in India to offer the service.
It is the first bank in India to offer the service.
And it’s happening faster than you think!
Catch up on FinTech Futures’ top five stories this week!
It will need to comply with all of the regulations ahead of its launch.
DriveWealth has partnered with Vested Finance.
The new card is designed to serve outbound Indian travellers.
The Indian B2B paytech raises money for domestic and international growth.
The decision comes after only two years of its live operations.
The start-up hopes to set an AI trend for Indian banks.
Brand new, designed from the ground up platforms will enable the creation of trust by unlocking the door to data.
The technology would be for banking officials’ use only.
The arrangement will target underserved small and medium fleet owners.
The funds will drive the API collaboration platform’s product development and customer support.
The fintech doesn’t have a banking licence – yet.
Users can pay Amazon delivery associates from their bank accounts via UPI QR codes.
The firm is already looking to expand in Singapore.
The firm was founded in 2016 as India’s first free-to-use web-based direct mutual fund investment platform.
Actis is increasing its investment in Pine Labs as a result.
Investment will fund team expansion and distribution of API banking platform.
It also has other high growth markets in sight.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The three banks are Bank of Baroda, Vijaya Bank, and Dena Bank.
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Aiming to offer micro lending through a mobile app, in real time.
Will offers business loans, invoice/supply chain financing, and commercial insurance.
Featuring New Zealand, Ant Financial, and Raisin.
One nation, one card, one deal, one story. Too much? One can’t say.
It says the failures lie with automated payment processes at the banks.
They plan to “penetrate into hitherto untouched Indian towns and cities”.
Singapore entity launches wholly owned subsidiary DBS Bank India Limited.
Vendor expects to see integrations into T24 Transact and Infinity.
Real estate company plans new hub in Navi Mumbai.
APIs include fund transfers, smart collections and UPI payments.
Axis, UCO and Syndicate Bank found to be at fault.
Nation gets ombudsman to help with users’ complaints.
The bank has now secured the unprotected server.
Can now operate as a registered account information service provider.
It aims to expand throughout various industries in India.
The 11 lenders include ICICI, Axis, Yes Bank and Standard Chartered.
Bank’s Propel Venture Partners one of the backers for Indian firm.