🚀 NBFC + Startup = Growth: Explore New-Age Lending Models with Corpbiz 💡
NBFCs are driving a major shift in how startups access credit in India. With smoother loan approvals, faster disbursement, and smarter use of digital data, NBFCs are outperforming traditional banks.
https://www.francewatcher.com/nbfcs-and-startups-new-lending-models-that-are-changing-the-game
#Startups #NBFCIndia #CorpbizExperts #P2PLending #AccountAggregator #DigitalFinance #corpbiz
After you read the report on @Truecaller , ask @sahamati how #AccountAggregator handles counter party privacy of your financial transactions when your neighborhood kirana's loan app knows about you without your consent.
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RT @internetfreedom
Truecaller’s true colours revealed?
A report by @viceroyresearch alleges that @Truecaller (“TC”) isn’t as “privacy-focused” as it claims to be. It accuses TC of, among other things, collecti…
https://twitter.com/internetfreedom/status/1579413039501447169
India’s open banking revolution is here, but convenience comes at a price https://restofworld.org/2022/newsletter-south-asia-account-aggregators/ via @restofworld
#CashlessConsumer - Early thoughts on privacy aspects of #AccountAggregator - and complete lack of counterparty privacy.
Content scraping will be replaced by #AccountAggregator, but the practice will not change. Going forwad chose wisely who you pay via #UPI #Privacy #ConsentWashing
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RT @priyashmita
1. I don't know who he is. He is not even on my contact list, which means they did contact scraping of his phone to get my number.
2. If I was their guarantor or ref check, how did they not check with me before giving the loan?
If I make Ambani my guaranto…
https://twitter.com/priyashmita/status/1555903673271812096
https://www.livemint.com/politics/policy/india-aims-to-open-finance-to-millions-with-user-data-system-11630592342389.html India aims to open finance to millions with user-data system
I had talked about this ease of orchestration of events to generate data trails in response to interview by
@tripti2994 for @iNetDemocracy research on #AccountAggregator and #Data based lending
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RT @logic
Thanks for publishing the study and in the interest of adding knowledge to ecosystem + others studying it, publishing my responses that were given for the study in Nov 2020.
#Consent #DataTrading #AccountAggregator #CashlessConsumer h…
https://twitter.com/logic/status/1481633096558870538
Gujarat: They played #FASTag & loose to evade GST http://toi.in/e8QcAZ/a24gk via @timesofindia
Cars with tags of trucks driving past to create fake data trails of evidences. @iam_anandv - We discussed in context of #AccountAggregator - we are seeing it in reality #FlowBasedLending
The only difference between this and the NAVI loans keeping the app for 25 years is - you don't need to have the app, the 25 years consent can be given on web.
Whatever “take care of their borrowers” means. And this is #DataEmpowerment and #DataProtection. #BullyStack
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RT @sahamati
The home loan market is set to undergo a sea change because of digitization - #AccountAggregator, OCEN writes Arvind Hali, MD & CEO of @MotilalOswalHF htt…
https://twitter.com/sahamati/status/1481890527943757826
Thanks for publishing the study and in the interest of adding knowledge to ecosystem + others studying it, publishing my responses that were given for the study in Nov 2020.
#Consent #DataTrading #AccountAggregator #CashlessConsumer
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RT @iNetDemocracy
We are grateful to all those who contributed to this study, especially those who are working to make the AA ecosystem a reality and so generously contributed their wisdom and time. …
https://twitter.com/iNetDemocracy/status/1481590302242660354
The #AccountAggregator framework can be SME's UPI. Or is it too early to give credit? http://www.ecoti.in/Ty4ezb via @EconomicTimes
Whose #Data Whose Empowerment? - Read this explainer by @internetfreedom to understand #AccountAggregator and seek the answer the question yourself. #DataEmpowerment
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RT @internetfreedom
EXPLAINED: The RBI's #AccountAggregator framework that went live on 2 Sept '21! This new change was heralded as "transformative" to the financial ecosystem.
But does its revolutionary potential stand the test? Follow this thread ⬇️ 1/5 #SaveOur…
https://twitter.com/internetfreedom/status/1453591410536423429
Who is taking a bet that this number will increase exponentially?
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RT @bgmahesh
Unclaimed assets are more than Rs 5 lakh crores in India. Without access to data planners are unable to write a good Will. #AccountAggregator will solve this problem: @harshroongta #WorldFinancialPlanningDay https://twitter.com/sahamati/status/1445391875410698249
https://twitter.com/bgmahesh/status/1445666371430273039
That thing called internet is needed for all these your highness
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RT @PIBSrinagar
Last week India unveiled the #AccountAggregator network, a financial data-sharing system. Account Aggregator empowers the individual with control over their personal financial data, which otherwise remains in silos.
Read https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1753713
https://twitter.com/PIBSrinagar/status/1436177150755762176
Phew, what a month it's been!
Just like college we submitted our entry in the last minute 🤣
Blockchain based engineering solution by @koine_arth@twitter.com & conversational UX design solution by @twistopen@twitter.com
