RBI

Interview – Connecting the unconnected – Naveen Surya, MD of ItzCash

Interview – Connecting the unconnected – Naveen Surya, MD of ItzCash   Since its inception, ItzCash has been building a bridge for the 90 per cent cash-driven India. Naveen Surya, MD of ItzCash shares his journey. How did the journey of ItzCash start? We are a 10-year-old company which focuses on digitising physical money transaction in … Continued

Pre-paid cards innovate fast after demonetisation

Pre-paid cards innovate fast after demonetisation The push towards a cashless society is seeing new developments in pre-paid cards. And these cards are being used for a much wider range of services. Now, you can eat at a restaurant, pay toll charges, fill fuel in your car, buy medicines at pharmacies, book air tickets, do … Continued

Gift cards now come loaded with features

Business Standard, October 23, 2016 You received a gift card worth Rs 5,000 for Diwali last year, but could spend only Rs 4,500 because the brand was not to your liking. The card is no longer valid. While you did not lose money, inability to use the gift amount can rankle. Now, you can trade … Continued

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Industry Body to Lobby Regulators for Use of Tech to Speed up Loans

The Economic Times, Mumbai, September 19, 2016 Financial technology companies, banks, peer-to-peer (P2P) lending platforms and insurance companies are coming together to lobby hard with the Reserve Bank of India (RBI) and other regulators to allow increased use of technology for faster loan disbursement and easier on boarding of customers. These entities have come together … Continued

ItzCash in talks with several fintech mobile companies for potential investment

VCCircle, Mumbai, August 26, 2016 Mr. Naveen Surya’s interaction with VC Circle Mumbai-based digital payments facilitator ItzCash is in talks with several mobile application firms for making a strategic investment, said a top company executive.The company, which would turn profitable in FY2016-17, is looking for firms specialising in fintech mobile applications which can be scaled … Continued