Perfios

“The best is yet to come.” On Day 3 of #GFF2024 powered by technology partner Perfios, Prime Minister Shri Narendra Modi addressed an audience of BFSI visionaries and financial leaders during his industry address. During his incredible visionary address, Modi highlighted the contribution of fintechs in ensuring the rapid advancement of our nation, and how the segment played a key role in combating the parallel economy. We wholeheartedly agree with the Hon’ble PM on the necessity of improved cybersecurity and data security, and how increasing digital awareness is of utmost importance. At Perfios, our mission is to bridge the divide between financial services and the underbanked, and to create a financially inclusive India where consumer safety is unconditional. Though our journey to eradicating the challenge of fraud and regulatory non-compliance is still far from over, we are excited to usher in the Era of Zero and achieve our collective goal of a Viksit Bharat together with the government of India and our fellow financial institutions. #BFSI #IndianFintech #EraofZero #NarendraModi #Perfios #IndianGovernment

Fintechs are transforming MSME lending as we know it, but what lies ahead of this partnership in the future? On Day 2 of #GFF2024, Omkar Shirhatti, CPO, Perfios shared industry insights on the Role of Fintech in Mitigating MSME Credit Risk: Opportunities and Challenges during a panel discussion hosted by Rajdeep Saha, with fellow speakers Hemang Dattani Kartik Bakshi, Nishant Jasapara, Vinod Parmar Omkar highlighted the importance of financial innovations in revolutionsing the current financial services experience for MSMEs, and how the segment can better address issues of risk mitigation and ticket sizing with the support of fintechs. Prior to these rapid advancements, there was no formal repository of data for businesses until 2004. With the formation of the MCA, there was a marked improvement in how BFSI catered to the industry. Today, with centralized integrated frameworks such as ONDC, the wealth of data could enable fintechs to further innovate and better solve for MSME needs. Needless to say, we anticipate the robust partnership between MSMEs and fintechs to strengthen further as we head into the future of BFSI. #GFF #EraofZero #Perfios #MSME #MSMELending #Fintech #AI

Will debit cards become akin to floppy discs for future generations? In just a few years, the revolutionary capabilities of AI have transformed and enhanced how the Indian financial landscape operates. On Day 2 of #GFF2024, Sridhar Narayan, CBO, Perfios moderated a panel discussion on the Changing Landscape for Financial Services with industry leaders Chris Yeo, Rahul Mutha, Vibhor Mundhada, and Muzaffer Hamid. At this insightful panel, leaders uncovered key perspectives on the evolution of AI and fraud, the role of technology in shaping the financial services of tomorrow, and how the future of BFSI lies in creating hyperpersonalized customer experiences. Given the shift in technology, consumer expectations have risen as well. The demand for seamless, user-friendly experiences is pushing financial institutions to simplify processes and offer 24/7 access. However, in this pursuit, the level of sophisticated frauds has increased in tandem with these advancements. Regardless of the challenges present, the benefits of optimizing financial services with advanced technologies have vastly improved the financial services experience for all citizens. However, the balance between innovation and compliance must be monitored closely to protect consumer safety. #BFSI #IndianFintechs #DigitalBanking #AI #EraofZero #Perfios #GFF

“Fintechs must embrace the need to evolve to move past the struggle to survive, and instead find ways to thrive.” On Day 1 of #GFF2024, Sabyasachi Goswami, CEO, Perfios, took the stage to share his critical insights on Building A Fintech in India Through Cycles of Uncertainty during a fireside chat with Chandra R. Srikanth. Sabyasachi highlighted the need for fintechs to create sustainable business models built to adapt and transform with the changing times. The Indian financial landscape today is vastly different from 15 years ago, when the fintech industry took shape. Today, India has one of the highest Fintech adoption rate of the world at 87%, against the global average of 64%, and this would not be possible without countless innovators striving to perfect their ideas, our regulators who develop robust safety mechanisms for all, and our vibrant population which lives and breathes fintech today. Our dynamic market presents unique challenges and opportunities, from adoption of new technologies and developing new frameworks, to addressing cybersecurity threats, ensuring safety during geopolitical tensions, to navigating regulatory complexities. The journey for fintechs is filled with remarkable opportunities. However, it is the pursuit of responsible innovation that separates a great fintech from the rest. #GFF #Perfios #EraofZero #Fintech #Banking #BFSI #DigitalBanking

We are tending towards Zero Fraud during this #GFF2024 with Perfios FCU! Perfios Fraud Check Unit (FCU) takes fraud detection to the next level, analysing documents for signs of tampering and using our proprietary technology to uncover hidden fraud at both the document and transaction level. Perfios FCU catches the inconsistencies you can’t afford to miss; secure your shield in an era of digital uncertainty. Ready to see it in action? Join us at booth i1-3 at GFF 2024 for a live demo that could change the way you approach fraud forever. See you at #GFF2024! #FraudPrevention #PerfiosFCU #GFF #EraOfZero #SecureYourFuture

Leap into the Era of Zero Risk with OneFetch Optimise your workflows, accelerate loan disbursals, and enjoy seamless integration—all while staying compliant with the AA framework. Experience the power of Zero, designed to take you towards Zero fraud, Zero risk, Zero false claims, Zero friction, Zero TAT, and much more at #GFF2024 in the Perfios Experience Centre, Booth i1-i3. Looking forward to seeing you there! #Perfios #GFF #EraOfZero

We had a fantastic time today at the 9th Edition of the Fintech Product Mixer! A huge thank you to everyone who attended and made the event a success. Special thanks to our exceptional speakers: Umang Gupta from Refresh Money, Yash Desai from ZET as well as Vinay Sathyanarayan and Preethi Rajagopal from Perfios. Your insights and contributions were truly invaluable! We also extend our gratitude to Harkirat Singh and Debasmita Das from Akeyum for hosting such an engaging session. We look forward to continuing our journey of innovation and growth in the fintech space. See you at our next event! Amit Gupta | Chandan Das | Sneha Jain #FintechMixer #Perfios #Akeyum

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Step into the Era of Zero Risk with Perfios OneCAM! Unlock the future of credit assessment with OneCAM, where data-driven insights meet advanced risk mitigation. Streamline your loan processing with 360° evaluations, tailored OneCAM reports & automated decision-making that saves time and safeguards against fraud. Catch us live at booth i1-3 during GFF 2024 for an exclusive demo of OneCAM, and explore how it can elevate your credit assessment strategy to new heights! Plus, there are only 2 GFF passes left! Comment below and tag a colleague to grab your chance to win a free pass! Get ready to experience the future of BFSI at #GFF2024. #ZeroRisk #PerfiosOneCAM #EraofZero #Perfios

Join us tomorrow at Perfios Bangalore office for an exhilarating Fintech Product Mixer! Dive into the latest innovations, connect with industry leaders, and explore cutting-edge solutions in the world of finance. Don’t miss out on this exciting opportunity to network and discover the future of fintech! Vinay Sathyanarayan | Preethi Rajagopal