Crowdsourced innovation for government projects and services is easier said than doneThe digital dream has never showed more promise in India—the chance for a few developers to build a platform that can digitise government s...
Nandan Nilekani joins battle to map India's post-cash futureNilekani and his committee are meeting to work out how to get more Indians to adopt digital payments, via everything from smartphones to po...
Now take a selfie, open a bank accountThe app that will make this possible is Chillr, a mobile payments app that links one's phone number to the bank account and makes money tra...
Iris-based authentication system for banking transactions is expected to minimise password-related fraudsAadhaar cards already have iris impressions of its applicants, which will be matched at the time of payment confirmation, when the mechanis...
National Payments Corporation of India planning to introduce an iris-based authentication systemThis form of biometric authentication will also reduce the chances of password-related frauds, which can, at times, drain money from your a...
Hyperlocal startups like Grofers, Pepper-Tap, TinyOwl reduce use of petty cash via prepaid cardsGrofers, RoadRunnr and others have started using cards from a Bengaluru-based startup, Happay, which offers prepaid expense management solu...
Mobile ecash payment for merchants now made easy by EzetapThe first-of-its-kind move is expected to help merchants accept payments from an ewallet using tap-and-pay or single-factor authentication ...
Government's startup funds a bad idea, says Vinod Khosla"It is a bad idea. I am not a big fan of government establishing venture funds - or government investing." he said.
Meet 10 startups that are attempting to unseat cash by making digital payments the kingWhile over a dozen startups are chasing the digital payments opportunity, mobile service providers too think there’s a massive market to be...
How SBI is planning to tap Bengaluru’s startup ecosystem and engage with early-stage firmsA dozen startups pitched before an SBI team. These startups included en-Stage, Novopay, Happay, Vote4Cash, Probe Equity & Capital Float.
Startups are adopting a quasi e-commerce model to reach customersCompanies such as eDabba, iPay and StoreKing are adopting a quasi e-commerce model to reach customers in rural areas where internet connect...
Mobile payment startups and banks use technology to tap rural IndiaAs mobile payment startups and banks take frugal technology to rural India, thousands of lives are experiencing the change for the first ti...
Aadhaar-linked startups to get Rs 5 crore from UnitusImpact investor Unitus Seed Fund will invest Rs 5 crore in startups that are building products and services based on Aadhaar.