In an era where security and convenience intertwine, fingerprint scanners have become an indispensable asset across various industries. As of 2024, the global biometrics market, led by fingerprint technology, is projected to reach $74.79 billion by 2025, growing at a CAGR of 22.9% (MarketsandMarkets, February 2024). For those looking to
The Unified Payments Interface (UPI) has transformed digital payments in India, facilitating seamless transactions for over 260 million users as of 2024. With the introduction of the UPI sound box, merchants can now enjoy instant payment alerts, enhancing customer trust and transaction transparency. Here’s a detailed guide to help you
As the world’s two fastest-growing regions, India and Africa share many mutual goals, especially in the fintech sector, where their partnership is proving transformative. Indian fintech solutions are enabling financial inclusion, security, and economic growth in Africa, catering to the unbanked and underbanked populations. Leveraging tech stacks like digital
In the ever-evolving world of financial technology, security stands as the cornerstone of trust. With the rapid digitization of finance, the need for robust security in fintech products has never been greater. A joint whitepaper by Finn AI found that over 57% of financial services users rank security as their
Biometrics refers to the measurement and statistical analysis of people’s unique physical and behavioral characteristics. It is used primarily for identification and access control, and the concept is gaining prominence due to its security and efficiency advantages. Biometrics harnesses the uniqueness of an individual’s biological traits, which are extremely difficult
With over 90% of online payments in India being driven by new-age fintech firms in August 2024, their pivotal role in financial inclusion is undeniable. Fintech companies are enabling governments and banks to extend essential financial services to marginalized populations, ensuring that even the most underserved communities can access these
