WHAT OTHER BANKS ARE DOING

CITIBANK Launched ‘Hello’ engagement platform for HNIs in 2017, developed by the winner of the CitiMobile challenge

Provided clients flexibility in interacting with RMs using chats, calls & video conferencing YES BANK

Unique services developed with fintechs like mobile SKDs, payment APIs for instant refunds, pay to self service, etc

Partnered with Cashless Technologies for providing offline payment AXIS BANK

In house incubator, a team of 10 Axis Bank employees work on creation of prototype solutions

Co- working space run in collaboration with Amazon web services

Focus on API banking, hackathons and Sandboxed environments as main modes of fintech collaboration solutions to small retail merchants through UPI-based QR codes; 10,000-plus merchants on-board

Became highest contributor to UPI volumes through partnerships with Fintechs (40% share)