Digital Microfinance – The Next Wave in MFI
The microfinance industry has been witnessing stellar growth over the last decade. The sector grew 16.5 times, from ₹ 17 thousand crore in 2012 to ₹ 2.85 lakh crore in 2022. With a market share of 37.53 %, NBFC-MFIs stand as the leading financial provider in this...
How to Create Stunning UIs for Android with Jetpack Compose
Great experience design is vital to drive customer loyalty and revenue. User Interfaces are crucial components that enable enhanced customer experience. Building an Android User Interface (UI) is not an easy task. XML layouts can be verbose and difficult to maintain....
Building a Robust Fraud and Risk Management (FRM) System
Over 95,000 UPI fraud cases were reported in 2022-23. More than 42% of Indians experienced financial crimes. 95% of Indian firms experienced new types of cyber frauds. Cyber frauds are surging every day. You may have experienced it, or you would have come across a...
Streamlining Pension Verification: A Step-by-Step Guide to Digital Life Certificates
Identity theft among pensioners is a rising pandemic that needs to be eradicated. Impersonating senior citizens by stealing or faking their life certificates with a motive to swindle their income is nefarious. The crime not only pushes pensioners into poverty but also...
How has Facial Recognition revolutionized Identity Verification and Authentication?
Facial recognition technology today goes beyond just unlocking your smartphone. 7 out of 10 governments worldwide use the technology on a large scale for surveillance, security, and pandemic control. Businesses are deploying facial recognition technology for VKYC,...
Simplify Debit Card Management with M2P’s Revolutionary Platform
The pandemic changed the world as we know it, and banking was no exception. Customers began preferring mobile-first, secure, personalized, and digital payment methods over direct ones to transact, and banks had to adapt to survive. Traditional banks had to find...
Unlock the Future of Banking with Next-Gen Core Banking Solutions
Banks are undergoing a significant transformation, with radical digitization leading the way. Experiential omnichannel banking is taking over transactional counterparts. Competition is intensifying, and margins are shrinking. Banks are under tremendous pressure to...
How to block Android App installation in a Rooted Device
The $158.9 billion fintech industry thrives on mobile apps. Android dominates the mobile app market with a whopping 71.65% market share. Though in demand globally, its open-source nature makes data security a vulnerability in Android apps. Even super apps are no...
Building a Scheduling Framework from Scratch using Node.js
Developing a scheduling framework is not an easy feat to achieve. That’s why we got our Software Development Engineer, Pratik Jain, to share his experience and expertise in developing an advanced, customizable, and flexible Cron job manager for scheduling payment...