Banks, fintechs team up to tap digital opportunities - News Summed Up

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Banks, fintechs team up to tap digital opportunities


Uma Kannan ByExpress News ServiceBENGALURU: Your banks are getting ‘smarter’ with launch of more digital and fintech solutions. Over the past two years, banks as well as fintech firms have been witnessing enormous growth in digital payments, and they are partnering to expand as well as tap new customers. Apart from tie-ups, a few banks have their own financial subsidiaries that offer various financial solutions to customers. Apart from other banks, SBI also picked up stakes in financial technology platform IBBIC. “Wearable technology is witnessing a tremendous interest and absorption globally, as people are increasingly adopting more convenient and cashless digital transactions.


Source: Indian Express April 04, 2022 10:03 UTC



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