O slideshow foi denunciado.
Seu SlideShare está sendo baixado. ×

Digital business fintech

Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Anúncio
Próximos SlideShares
Trends in Mobile FinTech
Trends in Mobile FinTech
Carregando em…3
×

Confira estes a seguir

1 de 25 Anúncio
Anúncio

Mais Conteúdo rRelacionado

Diapositivos para si (20)

Semelhante a Digital business fintech (20)

Anúncio

Mais recentes (20)

Digital business fintech

  1. 1. P.C.E.T’s S. B. Patil Institute of Management 106-GC-01-DIGITAL BUSINESS CCE-1 Group 2 2022006 Amruta Chavan 2022007 Prathamesh Dhawaleshwar 2022008 Gunjan Firake 2022009 Aniket Gaikwad 2022010 Yadnesh Garud
  2. 2. FINANCE APPLICATION INTRODUCTION 01 INSURANCE 02 STOCK TRADING 03 04 TABLE OF CONTENTS 05 CONCLUSION
  3. 3. Introduction Fintech is the term that describes the group of new financial technologies designed to enhance and automate the use and delivery of financial services. It is changing how we save, borrow, and invest money by making digital financial transactions easier and simpler, without the need for a traditional bank. What is the purpose of fintech? Fintech uses technological tools to help consumers and companies to more efficiently manage their financial transactions. Initially confined to only desktops and laptops, fintech services are now increasingly done using smartphones.These fintech-empowered tools are changing the way many consumers track, manage and facilitate their finances.
  4. 4. Fintech Segments 2
  5. 5. Digital payments Electronic payment solutions covering both remittances and merchant payments; these also include enterprise payments Alternative lending Technology-enabled solutions for alternative credit scoring To provide loans to underserved MSME* and retail consumers InsurTech Solutions using a new technology to expand the distribution of Insurance products and re-imagine them according to the unique requirements of different types of customers 3
  6. 6. InvestmentTech Technology solutions for significantly greater ease of investing and personal wealth management. These include Robo-advisory solutions that use artificial intelligence technologies for the automation of investment advice RegTech Technology solutions for the improved automation of regulatory compliance. BankTech Any other technology solutions not covered above but help banks and financial institutions meet the ever-increasing and changing requirements of customers 4
  7. 7. 5
  8. 8. Online Insurance In online insurance, customers directly deal with the health insurance company and buy a plan. Hence, the distributors commission is saved. The entire process requires less paperwork and is done via internet, so it is cost effective. These saving are further shared with the policyholder in the form of lesser premiums. 6
  9. 9. Benefits of Online Insurance 1.Convenient 2. Informative 3. Affordable 4. Automated 5. Quick assistance 7
  10. 10. 5 new trends that will shape insurance industry 1.Digitalisation 2.New Insurance Products 3.Rise in Demand for Standardised Products 4.On-demand Insurance 5.Wellness Products and IoT 8
  11. 11. Online trading involves the trading of securities through an online platform. Online trading portals facilitate the trading of various financial instruments such as equities, mutual funds, and commodities.Stockmarket is a place where shares of pubic listed companies are traded. The primary market is where companies float shares to the general public in an initial public offering (IPO) to raise capital. Online Stock Trading 9
  12. 12. Types of Trading in Indian Stock Market: 1. IntraDay Trading 2. Swing Trading 3. Positional Trading 4. Technical Trading 5. Fundamental Trading 10
  13. 13. Advantages and Disadvantages 1. Eliminates the Middleman 2. Easy Accessibility 3. Real-Time Monitoring 4. Focused Investments 5. Faster Transactions 6. Informed Decisions 7. Seamless Process 1. Risk of Excessive Trading 2. No Scope of Guidance from Broker 3. Error and Connectivity problems Advantages Disadvantages 11
  14. 14. How you can Trade Online? Firstly, you need to open a Demat account. Secondly, you need to learn the basics of the market. Thirdly, you need to put your learning in action. There are different stock simulator which can help you practice trading. Finally, you need to plan your trading strategies. You need to decide the investment goal, investment budget and the result you want. 12
  15. 15. Finance Application Digital Payments PhonePe was founded in 2015 and launched in 2016. PhonePe was acquired by Flipkart in 2016. Users can make UPI transactions, pay bills, link other digital wallets to PhonePe very easily. PhonePe users can also automate payment of bills PhonePe allows linking of multiple bank accounts to make UPI transactions. Phonepe 13
  16. 16. Google pay Google launched the payments mobile application app named Tez in 2017. Later on in 2018, the Tez app was rebranded as Google Pay in India. Google Pay enables you to do UPI based transactions, You can send and request money any time on any day. You can make a maximum transaction of up to 1 lakh across all UPI apps in one day. 14
  17. 17. Online Insurance Acko Acko is India’s first fully-digital general insurance company. Founded in 2017, it provides personalized pricing to customers through deep-data analytics. It studies customers’ interaction patterns and behaviours and accordingly suggests insurance products. Currently, Acko has insured over 40 million Indians, acquiring 8% of the car insurance policies bought online in India. It also introduced Ola Ride Insurance for lost baggage, laptops, missed flights, accidental medical expenses, and ambulance transportation cover. 15
  18. 18. PolicyBazaar PolicyBazaar is India’s largest insurance marketplace. It allows users to view and compare different insurance policies online based on their preferences. Users can also buy, sell, and store policies online. The platform provides an end-to-end solution to track policies and claims assistance. The company hosts over 100 million visitors annually and records nearly 1,000,000 sales transactions/month. Currently, PolicyBazaar accounts for nearly 32% of India’s life cover & retail health business collectively. 16
  19. 19. Groww A simplified approach to investing is what is attracting a new generation of first time investors into the market. An online investing platform is a great place to get the feet wet for someone new to investing. Bangalore based Groww is one of India’s fastest growing investment platforms that simplify the process of investing in Mutual Funds. Groww is easy to use and the in-app communication is very simple and straightforward. Wealthtech 17
  20. 20. Wealth Farmers Delhi-based Wealth Farmers is best defined as an online mutual fund investment platform that provides smooth and hassle-free paper less investment experience to individual investors. A marketing arm of Mind Farmers Private Limited, Wealth Farmers is managed by dynamic, dedicated and experienced professional team and acts as a holistic platform for all mutual fund investment needs such as Debt, Equity and Hybrid Funds invested either through lump sum or thru SIPs and STPs. 18
  21. 21. Stock Trading Zerodha An Indian Financial services company (a member of NSE, BSE, MCX), that offers retail and institutional broking, currencies and commodities trading, Mutual funds, and bonds. Founded in 2010,the company is headquartered in Bangalore and has physical presence in several major Indian cities. As of December 2020, Zerodha was the largest retail stockbroker in India by active client base, and contributes upwards of 15% of daily retail volumes across Indian stock exchanges. 19
  22. 22. Upstox Brand name Upstox, is one of India’s fastest-growing retail broking firms. The company allows retail investors in India to invest in stocks, futures, options, currencies and commodities at lower rates compared to traditional full- service brokers, it is headquartered in Mumbai, India and holds memberships with the NSE, BSE,Upstox’s suite of products includes a mobile trading app, mutual funds investment platform, desktop trading platforms, strategy builders and brokerage and margin calculators. Upstox offers a paperless demat account opening and trading platform. Traders can trade in intraday /F&O/currencies on the Upstox platforms. 20
  23. 23. Conclusion Fintech helps both consumers and businesses to run seamlessly. It saves time and efforts by offering innovative ideas for financial players to stay competitive in this highly contentious sector. Fintech companies have revolutionised the procedure of KYC documentation, making the lives of investors easy. 21
  24. 24. CREDITS: This presentation template was created by Slidesgo, including icons by Flaticon, infographics & images by Freepik Thank You

×