Electronic Invoicing in Asia

Electronic invoicing is a low-cost transaction processing system that leverages information technology to transform a manual and paper-oriented billing process into a faster and more efficient electronic version of data messaging. As of today, it can loosely mean anything from scanned copy of a bill sent through an email network to a highly sophisticated electronic […]Continue reading...

IDR – a new global investment route for the Indian investor

The Indian Depository Receipt issue by Standard Chartered Bank is coming to the Indian retail markets today (25th May). The IDR is a receipt which represents a share, or part of it in a foreign company. The company floating the issue (in this case Standard Chartered) has to appoint an Indian Depository, which will issue […]Continue reading...

Lok Adalat: The road to efficient dues recovery

Dues recovery for loans, credit cards and cheque bounces by banks in India has always been a dicey issue. Filing civil cases in India’s over burdened courts leads to prolonged litigation and inordinate delay. Hence banks employ collection agencies who sometimes use coercion or other quasi-legal methods which have been frowned upon by Indian courts. […]Continue reading...

A new platform for SMEs in India

Small and Medium Enterprises (SMEs) are significant stakeholders in India’s economic development. Their contribution amounts to about one-fifth of the GDP, and they also count among the top three employment generators in the country. The Securities and Exchange Board of India (SEBI), after a careful examination of the topic about reviving the SME segment, identified […]Continue reading...

Necessity is the Mother of Implementation

Banks in India were a late entrant to the core banking wave, but have mostly caught up to the rest of the world. The advent of private banks, due to liberalization, increased the competition and forced many Public Sector Unit (PSU) banks to upgrade their legacy systems to support and service customers effectively. State Bank […]Continue reading...

Mobile Banking: Service of the Future

RBI gave green signal to Nokia to offer Mobile Money Transfer in partnership with YES Bank. Nokia will now offer mobile money services to its customers from its 200,000 outlets across the country. Customers will now be able to make payments, pay utility bills and transfer money to other accounts. Obopay is the technology partner […]Continue reading...

SEBI succeeds in curbing ULIP threat to Mutual Funds

SEBI succeeds in curbing ULIPS, but financial market regulation still needs to be worked upon..Continue reading...

5.20.10: Celent India Roundtable: Regulatory and IT Impact on the Indian Securities Industry

Celent senior analysts, Indian Financial Services Group This event is free to attend, but space is limited and pre-registration by Monday, May 17 is required. Please click here for more information.Continue reading...

Celent Asia Model Insurer Nomination Opening Day!

Celent’s Model Insurer awards have become a standard for recognizing excellence in technology best practice at insurers globally. Insurance in Asia faces its own set of business challenges and insurance technology has evolved along a distinctive–and sometimes more advanced–path. For these reasons, Celent is conducting an Asia specific program to identify the potentially unique “model […]Continue reading...

Welcome to Celent’s Asia Blog

Celent is continually looking for ways to better connect and interact with the financial and technology communities. Continuing in the tradition of Celent’s industry-specific banking and insurance blogs, we are now launching a blog focused on issues in business and technology strategy in the Asian financial services. Welcome to Celent’s new Asia blog. From the […]Continue reading...