Tag: Banking

HDFC Bank customers still unable to access online banking services

HDFC Bank account holders on December 2 said that the online banking services were not functioning. Several users took to Twitter to state that they were not able to access their accounts online or use the services on the bank’s app for the past few hours. In response to a query, HDFC Bank told Moneycontrol, “Due to a

The 7 Biggest Technology Trends To Disrupt Banking & Financial Services In 2020

Even though banking and financial services have been slower than other industries to adopt the latest technology into their operations, financial organizations are trying to catch up by incorporating artificial intelligence, blockchain, and other technology to benefit their customers, remain competitive and improve business results. Here are the 7 biggest technology trends that will disrupt

Gig Economy Banking Is Booming (And Banks Are Missing The Boat)

OBSERVATIONS FROM THE FINTECH SNARK TANK Established banks are finally waking up to the opportunity to bank the gig economy. No wait, that’s not true. They’re not waking up to it–they’re getting hit upside the head with it. Recent articles on the topic include: Fixing the Banking and Payment Needs of the Gig Economy. According to

The roadmap for real banking reforms

Bengaluru: The announcement of the merger of ten banks into four large banks has been touted over the past three weeks as a banking sector reform, based on the recommendations of the Narasimham Committee report (1991). The Narasimham Committee recommendations were forward looking and are still relevant. But if we examine the recommendations to see which