by Arpan Sarma | Dec 10, 2021 | Uncategorized
On 6th December 2021, Finflux celebrated its 11th anniversary, and we couldn’t have been happier to share this news with you. Founded by Nayan Ambali and Ashok Auty in 2010, the past 11 years have been thrilling and immensely rewarding for us, to say the least. Right...
by Arpan Sarma | Nov 30, 2021 | Uncategorized
In 2017, the Global Findex Database, an initiative by the World Bank, estimated that there are approximately 1.7 billion underbanked people in the world. Just 3 years ago, in 2014, this number was estimated to be 2 billion and although we have come a long way since...
by Arpan Sarma | Nov 30, 2021 | Uncategorized
As we progress into the third year of the COVID-19 pandemic, the asymmetry in information between lenders and borrowers continues to remain an emerging trend. Traditionally lenders have depended on legacy information sources to not only assess the creditworthiness of...
by Arpan Sarma | Nov 24, 2021 | Uncategorized
Since its inception on 13th January 2018, open banking has come a long way, and today, there are various business models leaders and institutions can adopt to transform it into a profitable, sustainable and revenue generating an income stream. Essentially in today’s...
by Arpan Sarma | Nov 23, 2021 | Uncategorized
The future of banking is on the cloud. In a previous post, I highlighted the need of legacy institutions to transition to a cloud based architecture, and as you can realize by now, it is beyond the need to serve digital customers. However, as a legacy institution who...
by Arpan Sarma | Nov 15, 2021 | Uncategorized
As the world welcomes a post-pandemic era, banks and financial institutions across the globe need to gear up for transitioning to cloud based technologies. Amongst the few positive impacts of the pandemic, one which stood out the most was the critical need for...