The last decade has witnessed profound innovation in business transactions with a significant shift towards a consumer-centric approach. FinTech is no longer limited to backend systems, it is now propelling the banking sector and with the development of cryptocurrencies the challenges have increased. Further, facilities and services like instant cash transfer through UPI, IMPS, RFID, Bluetooth enabled services, have provided a plethora of opportunities even for small start-ups to create excellent technology offerings.
Finance and banking are highly regulated segments and tech solutions must comply with the governance framework. Also, financial data being sensitive data, privacy issues, data protection and legal compliance is another concern. We handhold our clients on all these aspects.