The 2nd wave of the pandemic has made #WFH an indefinite permanent in our life. Our CEO & Co-Founder, ResponCibleAI has become an inspirational icon by transforming his home office into an anechoic chamber. Read Economic Times: bit.ly/33LyqOg pichainlabs.com

Fintech in #India Is Empowering But Has Its Own Set of #Challenges buff.ly/2RmmkZp #fintech #finserv #banking Inc42 ResponCibleAI PiChainLabs

Gartner predicts that nearly 40% of big businesses will adopt #AI solutions in 2021. So, how will #AI in #finance transform the way we interact with money? Read PiChainLabs ResponCibleAI by ET CIO: bit.ly/3yho46P #mobilebanking #regtech pichainlabs.com

The McKinsey Global Payments Report 2020 stated that the total value of #digitalpayments is expected to reach $140 Bn by 2023. But the Indian #fintech has its own set of challenges that needs to be addressed. Read PiChainLabs ResponCibleAI by Inc42: bit.ly/3eRUJs7

As per Mordor Intelligence, the Intelligent #VirtualAssistant market was valued at $ 2.58 Bn in 2020 & is expected to reach $ 6.27 Bn by 2026. Today, team PiChain recognizes the efforts & dedication of these assistants to ease our life. Happy International #VirtualAssistantsDay!

According to Wealth-X, there are expected to be 7.7 million more high-net-worth individuals in the world by 2023. But is it possible for #wealthmanagement firms to continue with partial or no #digitization? Read by The Banking & Finance Post: bit.ly/3oK6y6R #AI #technology #fintech

"Mujhe Google Pay kar dena" - a common phrase of Kirana store owners. The rise of non-bank #technology companies has estimated a $7 trillion opportunity of #embeddedfinance globally by 2030 - Economic Times. How does it help the rest of the world? Read: bit.ly/2SnRccj

“Endurance is one of the most difficult disciplines, but it is to the one who endures that the final victory comes.” In this hard time, when everyone is undergoing pain & suffering, we still come together & celebrate this occasion Happy #BuddhaPurnima! #BuddhaJayanti #BudhPurnima

“COVID has created a springboard in terms of digital transactions.” - ResponCibleAI, CEO & Co-Founder, PiChainLabs. The sudden rise of online labs asking for personal details & docs are giving rise to #cyberattack. Read The Times Of India: bit.ly/3uqE4jU pichainlabs.com

The private banks have reported a 35% y-o-y rise in frauds during FY21 while PSBs reported a decline of 45% y-o-y in a similar period. Enhanced fraud #riskmanagement system is amongst the top agenda of RBI in FY22. Read by Financial Express: bit.ly/2TpuCjL #riskmanagement

Is a personal #dataprotection bill enough to safeguard your information online? #data is the most precious commodity & a simple law would not be enough to protect oneself against #cyberattack calling for individual measures. Read Moneycontrol: bit.ly/3cdPS2E

Should you invest in P2P #lending? What are the digital solutions available in India for P2P lending? Fast-paced #digitization has made it easier for new-age investors to experiment with such lending formats. Read by Forbes: bit.ly/3g8aPx8 #DigitalTransformation

“In all the things of nature, there is something of the marvelous.” Aristotle A little change in our attitude towards nature can save it. Today, let’s pledge to save our planet and care for its needs to build a sustainable future. Happy World Environment Day! #EnvironmentDay2021

Today, over 60% of Indians use #mobilebanking, however, still 4 out of 5 #payments are made using cash. What could be the possible reasons for the limited use of #digitalpayments in India? Read more by PiChainLabs in Techiexpert: bit.ly/3ptJVUK pichainlabs.com

How has digital #lending provided relief to borrowers? A sudden surge in the adoption of digital #tech has changed the age-old lending process. Read by PiChainLabs ResponCibleAI in CNBC-TV18: bit.ly/3d2P4xR #digitaltransformation #technology #innovation #blockchain

How #digitization impelled the #insurance sector to drive the economy during the pandemic? The insurance sector grew 17% in April-May this year compared to a 9% growth in 2020-21. Read by ET BFSI: bit.ly/3dxgigk #insurtech #innovation #fintech #blockchain #AI

By bringing #tech giants under the ambit of new IT rules, India is heading towards a new regime of #compliance. Publishing their first compliance report, the industry is now steering towards transparency. Read by CNBC-TV18: bit.ly/3wi8ANM #regtech #regulations #AI

Why should #VideoKYC not be restricted to the customers physically present in India? Remittances & foreign investments account for a huge part of income for India. Hence, a secured verification process can bolster it. Read by Moneycontrol: bit.ly/36BJsqR #kyc #ekyc

On this auspicious day of Eid-ul-Adha, let us all come together and pray for everyone’s well being. May Allah bless your days, weeks, months and years with prosperity. Eid Mubarak to you and your family from the PiChain team. #eidmubarak #bakrieid #eiduladha

As per the annual report of RBI for FY 2020-21, there is a surge in Tech-enabled Digital (Retail) #payments. #COVID19 changed the customer behavioural pattern evident from rising #mobilebanking transactions. Read by businessline: buff.ly/3iyOJF5 #digitalbanking #fintech