siliconindia | | JUNE 20224 Vol 10 · Issue 08 - 02 · JUNE, 2022 Publisher Alok Chaturvedi Editor Emmanuel Christi Das Editorial Team Aveek Pal Chaudhuri Hima P M Mandvi Singh GM - Sales & Marketing Rohit Kumar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2022 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.com Visualisers Prabhu Dutta A.R.N RayGroup Art DirectorAshok KumarCirculation Manager Magendran Perumal Ashwini D Naik Shilpa Selva Felisha Rita Correspondent Soumya JAssistant Editor Ananth VAssociate Editor Indranil Chakraborty Can Fintech-as-a-Service be a Singular Solution?EditorialF intech is on a spin ever since this year's budget announce-ments. Even so, the past few years have witnessed devel-opments in financial technology solutions are increas-ingly looking to new, tech start-ups to advance their own business functionality, including innovation in mobile payments, digital currencies, distributed ledger technology, wealth management and insurance products and marketplace lending. However, the ma-jority of consumers and businesses have been using financial services that are walled off from each other, with their own payment methods and commerce services. The most powerful methods to managing costs and minimising risks associated with payment processing. Growth of Fintech in India is driven by various macroeconomic factors. Significantly, fintech is changing costumers' experience and expectations by promoting a more client-centric and interactive ap-proach to financial and banking services. The fintech innovation has arisen outside the financial which has largely driven by non-bank en-tities, including venture capital-backed fintech startups and emerging companies, as well as non-traditional providers. These non-bank en-tities can experiment in an unregulated environment and often focus their operations narrowly on the provision of a particular set of new financial and banking services. More so, Developers have access to several automated tools and technological, resulting in a significantly increased turnaround time in the creation of apps, enhancing the cus-tomer experience. The overall financial services market is witnessing a major tran-sition leveraging new and cutting-edge technologies, such as block chain, AI, ML, and cloud infrastructure. A key advantage of a self-built platform is as fintech's of all sizes begin building an application tailored to a certain number of users over time, as the company begins to expand and attract more users, it allows real time updates to serve the growing customer base and improving internet access and smart phone penetration, and a rapidly evolving e-commerce marketplace.Do let us know what you think. Emmanuel Christi DasEditoreditor@siliconindia.com
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