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    Fintech is making a dramatic impact in India

    2019-03-08T07:10:52+00:00February 25th, 2019|2019, UK Edition – March 2019|

    City of London Corporation’s Policy Chief looks back on a recent India visit to lay out the foundations for close cooperation in the field of financial technology, more specifically RegTech and InsurTech. As the political leader of the City of London Corporation, the body that represents the UK’s historic Square Mile and in a broader sense the country’s financial and professional services sector, I recently travelled to India for the first time for a series of meetings with government and [...]

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      A platform to unleash AI innovation

      2019-02-15T14:36:23+00:00February 13th, 2019|2019, Global Edition – February 2019|

      A fintech expert delves into the impact of Artificial Intelligence on the financial services sector. We are all experiencing the tremendous change that technology is bringing in, in our day to day to lives. The pace of change was not like this even in the last decade and probably will be way more accelerated in the next decade. Even at the beginning of this decade most banks and financial services avoided anything open source and vendor viability was one of [...]

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        India is now at the forefront in the world in many frontiers

        2018-12-24T07:41:15+00:00December 16th, 2018|2017/2018, Yearender- December 2018|

        Amitabh Kant, as the dynamic CEO of the National Institution for Transforming India – NITI Aayog, is charged with formulating some the country’s most innovative growth ideas. In this Yearend interview with ‘India Global Business’, he looks back at India’s achievements such as acquiring the world’s largest biometric programme and looks ahead to some transformative changes in store, especially for small and medium enterprises. What is the expected impact of PM Modi’s recent announcements to help MSMEs? A major step [...]

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          India is already looking to the opportunities of Brexit

          2018-12-11T10:12:39+00:00December 6th, 2018|2017/2018, UK Edition – December 2018|

          Charles Bowman, the former Lord Mayor of London in charge of nurturing lucrative investments for the City, delves into his recent FinTech delegation to India, overcoming Brexit concerns to ensure London’s enduring attraction as a financial hub for Indian companies and opening up areas such as payments, regtech, insuretech and blockchain for India-UK tie-ups. What are some of the highlights from your recent fintech delegation to India? My visit to India is one that will live long in my memories [...]

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            On a fintech mission to help small and medium enterprises

            2020-03-16T10:31:53+00:00November 29th, 2018|2017/2018, UK Edition – December 2018|

            Rishi Khosla is the Co-Founder and CEO of Britain’s digital bank OakNorth, which specialises in small and medium enterprise (SME) lending globally, using its data and technology platform OakNorth Analytical Intelligence. The company recently completed a $100-million funding round and has doubled its loan book from $1.1 billion to $2.2 billion since the start of 2018. In this interview, the Global Indian gives an insight into this fintech success story. What are the key factors behind OakNorth’s recent hugely successful funding round? [...]

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              A few ground rules for UK Fintech’s India entry

              2018-08-24T12:33:10+00:00August 23rd, 2018|2017/2018, Global Edition – August 2018, Uncategorized|

              A financial technology sector expert delves into some key factors when companies eye the Indian market. The Fintech Revolution is transforming the financial sector at its core. Today, there are over 21,650 Fintech start-ups in the world, each at varying stages of growth. Approximately 25 per cent are at an ‘emerging’ stage (beta product and seeking seed investment), 40 per cent are ‘scaling’ (market ready product and revenue positive) and 35 per cent have reached a ‘mature’ stage of growth, [...]

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                Is the UK or India the leader in fintech?

                2018-09-02T14:46:47+00:00August 22nd, 2018|2017/2018, Global Edition – August 2018, Home Page|

                The City of London Corporation’s Asia Adviser analyses how India and the UK compare on financial technology leadership scales. It is widely reported that London is a leader in the global fintech industry. Undoubtedly this is true when reviewing the innovation at work across the capital and the ability to leverage the world’s number one global financial centre. However, India’s booming fintech marketplace is also a leader, particularly when we consider the opportunity for digital financial inclusion and the future of finance. So [...]

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                  Strengthening India-UK cooperation in the financial sector

                  2018-07-30T14:15:00+00:00July 4th, 2018|2017/2018, Home Page, Putting it in context, Special Edition - June 2018|

                  An Indian industry leader highlights FinTech, infrastructure finance, financial inclusion, insurance and the bond market as key areas for India-UK. India and UK have a long-shared history and our bilateral relations have continued to be healthy, spanning wide areas of cooperation, trade and investment. Even as Brexit ensues going forward, I firmly believe the Indo-UK relationship will only further strengthen. This was evident even in this year’s Commonwealth Heads of Government Meeting (CHOGM) in London. In fact, India got a [...]

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                    India clicks into place for British FinTech companies

                    2018-05-23T12:59:29+00:00March 22nd, 2018|2017/2018, Global Indian, UK Edition- April 2018, Year|

                    A high-level delegation of financial technology (fintech) companies from the UK recently headed out to Mumbai to explore tie-ups in a market with an expanding digital consumer base. India is acknowledged as the fastest emerging fintech ecosystem globally. As many as 420 fintech start-ups came up in India over 2016-17, leaving behind the US at 305 new start-ups within that period. The UK is at the forefront of tapping into this ecosystem, with a recent flurry of activities linked with [...]

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                      Blockchain, cryptocurrency on Indian radar

                      2018-07-31T13:58:39+00:00March 16th, 2018|2017/2018, Global Edition- March 2018, Sector Focus, Year|

                      There was considerable activity within India’s banking and finance sector in recent weeks. NASSCOM teams up with Blockchain Institute India’s National Association of Software and Services Companies (NASSCOM) is partnering with the Blockchain Research Institute (BRI) to help spur a digital economy within India. NASSCOM will work with BRI researchers backed by the Canadian government to help developers learn more about blockchain platforms in preparation for creating and launching tools within the nation. The two groups have signed a memorandum [...]

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