Archives for FinTech - Page 4
India is a $280 billion consumer finance market and is the second-largest market after China. People with more than ₹10 lakh income per annum amount to 9% of India’s population who consume over 70% of the credit which is given out in the country. On the other hand, people who are making ₹1.4 lakh to…
The post How This Startup Is Using Data Science To Help The Next Billion Apply For Loans appeared first on Analytics India Magazine.
Today companies from all across the world are leveraging data to better their offerings. While many organisations are using data from internal sources like CRM software, ERP systems, marketing automation tools, databases, and other repositories, many are also turning towards open data. Open data is basically large datasets which are available to anyone on the…
The post 8 Open Financial & Economic Datasets For Your ML Projects appeared first on Analytics India Magazine.
Over half of all website traffic worldwide is now generated through mobile phones. Big data has transformed several sectors, unsecured lending being one of them. However, all stakeholders need to converge and establish responsible terms of data acquisition, use and management. Transparency will allow innovation and the AI industry to achieve scale and stability. In…
The post Big Data, Big Responsibility: Making Alternative Lending Work appeared first on Analytics India Magazine.
At first glance there is a lot of enthusiasm in the insurance industry towards cloud computing, for improved data access, cost and performance, even if there is some uncertainty around the public-private or hybrid cloud, about exactly how to embrace the transformation and this new type of connectivity. Cloud service providers on their part have…
The post How Cloud Can Be A Game-changer For India’s Insurance Industry appeared first on Analytics India Magazine.
Over the years, investment products such as mutual funds, ULIPs have continued to interest consumers. However, the number of people who are genuinely satisfied with their investment portfolio amount is not much. There are multiple reasons for this — and one of the main reasons is that the consumer is the last point of focus,…
The post Fintech Startup Jarvis Leverages Machine Learning To Help Users Crack The Stock Market appeared first on Analytics India Magazine.
Over the past couple of years, the popularity of online shopping has skyrocketed. People are opting for online stores over brick and mortar stores and with all the recent advancements in the e-commerce industry, the numbers are just getting bigger. People want to buy and experience all the things that make life better – from…
The post Deep Dive: Fintech Lender ZestMoney Is Riding The Shifting Landscape Of EMI Financing With AI-powered Solutions appeared first on Analytics India Magazine.
Credit and debit cards have seen increased usage online, indicating the general shift of society towards being cashless. The Indian banking system has also not been a laggard in deploying systems for the easy transfer of money online This is seen by the National Payments Corporation of India’s impressive rollout of the Instant Money Payment…
The post With 3Bn Transactions, UPI Scripted A Mobile First Approach For India appeared first on Analytics India Magazine.
Credit and debit cards have seen increased usage online, indicating the general shift of society towards being cashless. The Indian banking system has also not been a laggard in deploying systems for the easy transfer of money online This is seen by the National Payments Corporation of India’s impressive rollout of the Instant Money Payment…
The post With 3Bn Transactions, UPI Scripted A Mobile First Approach For India appeared first on Analytics India Magazine.
Software development is fun and there is no doubt in that. But when we talk about how a software developer spends his/her day, then it’s definitely not a smooth ride. When you are creating products that are going to solve problems of a huge amount of people, you have to expect challenges on a day…
The post A Day In The Life Of: How These HealthFin Coders Have A Synergetic Approach To Work & Life appeared first on Analytics India Magazine.
The emerging technologies have played a huge role in bringing newer innovations in the banking industry. For instance, 4G internet and chatbots transformed the banking sector massively, paving the way for a smooth customer interaction. Also, at the same time development of online business had built the ground for non-banking online-payments solutions, where the…
The post FinTech Vs Banking: Decoding The Difference Between Banks & New Market Entrants appeared first on Analytics India Magazine.