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Tag: financial inclusion

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Blockchain and Remittances: How Ripple and Stablecoins Are Disrupting Cross-Border Transfers

Introduction: Why Cross-Border Payments Need a Revolution Sending money across borders has historically been a slow, expensive, and cumbersome process. Migrant workers, global businesses, and even individual consumers often face days-long delays when transferring funds internationally. Traditional banking systems rely on correspondent banks and the SWIFT network, involving multiple intermediaries, which not only slows down […]

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CBDCs in 2025: How Central Bank Digital Currencies Are Reshaping Money and Trust

Introduction: The Rise of Central Bank Digital Currencies (CBDCs) Central Bank Digital Currencies, or CBDCs, are no longer just a theoretical concept—they are becoming a tangible reality across the globe. Unlike cryptocurrencies such as Bitcoin or Ethereum, CBDCs are issued and regulated by central banks, making them official legal tender. They combine the stability and […]

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From Open Banking to Open Finance: The Next Big Shift in Consumer Data and Innovation

Introduction: The Evolution Beyond Open Banking Open Banking revolutionized the financial industry by enabling banks to share customer data securely with third-party providers through APIs. It allowed fintech startups to create innovative apps for payments, personal finance management, and lending. However, the industry is now moving towards a broader and more transformative concept: Open Finance. […]

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P2P Lending in India: Can RBI’s Tough Rules Kill the Industry or Spark a Reinvention?

Introduction: The Rise and Regulation of P2P Lending in India Peer-to-Peer (P2P) lending has long been hailed as a disruptive financial innovation in India. By directly connecting borrowers with lenders through digital platforms, it promised a future where traditional banks weren’t the only gatekeepers of credit. With low-interest savings rates on one side and a […]

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Digital Payments Boom Beyond UPI: WhatsApp Expands UPI-Enabled Payments to 500 Million Users

The Indian digital payments landscape has been revolutionized in the last decade, with UPI (Unified Payments Interface) at the center of this transformation. While apps like PhonePe, Google Pay, and Paytm have dominated the ecosystem, the entry and expansion of WhatsApp Pay—now set to expand UPI-enabled payments to 500 million users—marks a game-changing moment in […]

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