From food stall owners to rickshaw drivers, restaurants to airports, quick response codes or QR codes have become a staple in the Indian digital payments ecosystem. The entry of fintech startups, the COVID-19 pandemic, and the efforts to improve customer...

The banking habits of the public have undergone a drastic change in recent years, thanks to rapid technological advancements and increased access to banking services. From cash to 'plastic money,' monetary transactions have evolved to digital receipts and payments in...

Accounting is considered to be one of the oldest professions in the world. Every business needs the accounting function to thrive and be efficient, as it drives growth and optimisation. Currently, the accounting process faces several challenges as the amount...

In the digital era, precise financial record-keeping is crucial for customers and corporations. Learning how to scan bank statements can provide valuable insights into transactions, facilitating informed financial decisions. However, manual processes are often error-prone and time-consuming. Automating bulk scanning...

Today, data-driven decisions have become a success mantra for many forward-looking businesses. The traditional way of making impactful decisions based on intuition or limited data points can result in an opportunity loss. This is where software solutions powered by Artificial...

In today's constantly changing financial landscape, startups are faced with the challenge of staying ahead of the competition. 90% of companies fail, underlining the necessity for innovative strategies to survive and succeed in the market. The use of sophisticated analytics...

A balance sheet is a vital financial statement that summarises a company's assets, liabilities, and equity status as of the reporting date. Data in a balance sheet serves as the foundation for determining the firm's financial performance, the resilience of...

In today's dynamic financial world, risk management is critical to ensuring the stability and sustainability of financial institutions. One critical part of risk management is the early detection of prospective credit defaults, which can have far-reaching consequences for an institution's...

Bank financial statement analysis is critical for assessing the financial health of banks. However, manual analysis of complex financial statements requires significant time and effort to extract, organise, and interpret data accurately. On top of that, intricate financial instruments and...

Offering outstanding customer service is crucial for financial institutions to stay ahead in today's competitive banking environment. A Business Wire study notes that  72% of customers seek personalised services. Therefore, banks have to seek creative approaches to satisfy their demands...