Future of Fintech: Challenges & Growth | Open Dialogue | Episode 11 - Pt. 2

In this Part 2 of "Fintech Revolution", we discuss the future of fintech and explore the exciting journey of the emergence of fintech in India while evaluating the common fintech challenges. This podcast also dives into the latest trends, challenges, and opportunities in the fintech sector in 2023. You also get to discover how they navigate the fintech regulations and the critical role of regulatory frameworks in understanding the impact of regulations on the fintech sector. Gain insights into the increasing demand for fintech solutions and services and the dynamics of the fintech funding cycle. Our speakers also decode the importance of KYC in fintech and the compliance challenges that come with KYC norms for fintech. You will learn about the transition of FinTechs into the lending space along with the associated risks and analyze the factors driving fintech growth. Our experts also explain how India's credit to GDP ratio is still 52%, compared to nearly 100% in advanced economies & the staggering $8.4 billion in funding in 2021 in the FinTech sector. Subscribe to our channel for more videos on the latest trends and developments in fintech! Speakers: Sameer Shetty - Head Digital Banking & Transformation, Axis Bank Subrat Mohanty - Executive Director of Banking Operations & Transformation at Axis Bank Open Dialogue: The aim of Open Dialogue by Axis Bank is to bring to the fore nuanced and insightful discussions on macroeconomics and market-oriented subjects. Recommended videos: ▶️ Fintech Revolution - Trends; Types; AI in Fintech; Sameer Shetty, Subrat Mohanty; Open Dialogue: https://youtu.be/gbgoAzvD2TI?si=wp5_oDvnUiakl6x4 ▶️ Central Bank Functions, Importance & Regulations | Sameer Shetty & Neeraj Gambhir | Open Dialogue: https://youtu.be/r389nObKVrg?si=tcuXUCXxIVzKakux ▶️ 350Yrs Old History of Central Banks Origin | Sameer Shetty & Neeraj Gambhir | Open Dialogue: https://youtu.be/bm3PtFu7Xsg?si=V3gn0nMsa3j0Lmv5 ▶️ How do banks work - Part 3: https://www.youtube.com/watch?v=tUKHh7M7g1M&t=30s SUBSCRIBE TO US -► https://www.youtube.com/@AxisOpenDialogue Download Axis Bank App: https://play.google.com/store/apps/details?id=com.axis.mobile&pcampaignid=web_share For more informative videos and discussion on important topics related to Banking, finance & economics: Linked in - https://www.linkedin.com/company/axis-bank/ Instagram - https://www.instagram.com/axis_bank Facebook - https://www.facebook.com/axisbank Twitter - https://x.com/AxisBank #futureoffintech #fintechrevolution #fintech #fintechfinance #fintechinnovation #kycnormsforfintech #kycinfintech #fintechfundingcycle #fintechandlending #fintechgrowth #axisbank #axisbankpodcast #opendialogue #axisbankopendialogue #finance #financetips #financialfreedom #kyc #startup #startupindia Copyright: ©Axis Bank Limited [2024]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner. STATUTORY DISCLAIMER: By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties. AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST