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
