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Payments banks’ quest for profits starts with monetising customer data: Techcircle Payments Forum

Friday, May 20, 2016 | More »

Left to right Sohini Rajola, head of digital banking at Axis Bank, Ananya Birla, founder of Svatantra Microfinance, T R Ramachandran, group country manager of India and South Asia, Visa, Mihir Gandhi, associate director of payments transformation, PwC India, Amit Soni, principal, General Atlantic
The yet-to-launch payment banks need to monetise the data on customers at the bottom of the pyramid, said panelists at the Techcircle Payments Forum held in Mumbai. In a discussion on ‘Emergence of New Payment Banks: How can traditional businesses respond?’, senior executives from tradit...