NPCI widens shareholding base to 56 banks

| September 12, 2016

article image
"Being the payments system utility for all the banks in the country, it was a natural progression and was also a requirement from the Reserve Bank of India (RBI). The expansion will make NPCI a truly community-owned institution,"

Spotlight

Cash Store

Cash Store, a Cottonwood Financial brand, is one of the largest privately held retail consumer finance companies in the United States. Founded in 1996, we have 340+ company-owned locations across the country. Through this national brick-and-mortar footprint, we provide best-in-class customer service and offer an innovative mix of financial products and services to our customers.

OTHER ARTICLES

How Lending-as-a-Service Can Impact Small Businesses in Need

Article | March 31, 2020

One of the brutal facts of the COVID-19 outbreak is that it will be difficult for small businesses to survive. The self-distancing and shelter-in-place orders, while temporary, are taxing for already cash-strapped merchants. Adding to the hardship, small businesses may find it especially difficult to get a much-needed loan from their local bank or credit union since many have closed physical branches to encourage social distancing. And while banks offer many services online, only 1% are capable of extending a loan digitally.

Read More

What is the difference between depreciation and amortization?

Article | August 7, 2020

Both depreciation and amortization are ways of expensing the cost of a business asset over its useful life period. When a company acquires a business asset, the complete cost of acquisition of the asset is not expensed at once, but proportionately based on the time period of their usage. In essence, both depreciation and amortization mean the same thing. While depreciation refers to the proportionate reduction in the cost of fixed assets or tangible assets over its lifespan. Fixed assets or tangible assets could include things such as a plant, machinery, tools, equipment, etc.

Read More

What Finance Companies are Excelling in AI?

Article | April 7, 2020

Many finance companies are getting some massive help from AI handling things like security, loss prevention, and predictive decision making — think underwriting for mortgages or credit decisions. While AI is making the rounds for many companies and organizations, a few are taking that capability to a new level. Let’s take a look at a handful of companies doing amazing things with AI.

Read More

Why Payments-as-a-Service is the first choice for FIs

Article | February 11, 2020

The pace of change within the global payment’s technology space is still at full speed with no sign of slowing down. While traditional incumbents have until recently taken comfort in their size and decades of dominance, new digital-only challenger banks are ramping up and making a huge impact on the global financial landscape.

Read More

Spotlight

Cash Store

Cash Store, a Cottonwood Financial brand, is one of the largest privately held retail consumer finance companies in the United States. Founded in 1996, we have 340+ company-owned locations across the country. Through this national brick-and-mortar footprint, we provide best-in-class customer service and offer an innovative mix of financial products and services to our customers.

Events