Exploring Fintech, Block chain, AI, IOT for creating next level enterprises that can enable growth in Rural India
NexGenTech Conference 2017, Mumbai:
Was invited as panel speaker at NextGenTech Conference held at Mumbai.
I shared my thoughts on Exploring Fintech, Block chain, Artificial Intelligence, Internet of Things for creating next level enterprises that can enable growth in Rural India especially for Agriculture and SME sector. Event was organised by FMW & Starterbites.
Fintech or ‘Financial Technology’ has become a buzzword in banking and financial circles. Fintech players trying disrupt the way financial services industry has been working . The are bringing unconventional solutions for Banks, NBFCs and Customers through developing new technologies and customer centric solutions.
Digital alternatives to lending have emerged from the need to address multiple pain points for the customer (long-drawn and onerous KYC process, high cost of borrowing, better return for savers in P2P lending, etc.) These lenders also seek to provide credit to a vast section of the population that is underserved by the traditional banks/non-bank finance companies, given that borrowing from banks is contingent on the availability of collateral and credit history.