Where finance and organization in our society is headed, and why you should pay attention — I’ve written about the history of money before — but I feel like it’s important to put this in context of relatively recent advancements in bitcoin and cryptocurrency. …

India’s New Credit Rails! — There are roughly 64 million MSMEs (Micro, Small and Medium Enterprises), i.e. small businesses, in India. …

The Role of BCs and Aadhaar in Financial Inclusion — Satya is a resident of Massani, a village overlooking the Sahibi river barrage. Massani is a small settlement of about 1400 people in the Indian state of Haryana.

Getting Under the Hood of the World’s Fastest Growing Payments System — In July 2020, there were a record 1.49 billion UPI transactions, a 12% MoM increase from June’s 1.33 billion. Ah UPI, the golden child of digital payments in India. Last week, I claimed that UPI was one of the most advanced payment systems in the world right now. …

A Peek Behind the Scenes — Last week, we gave a brief overview of the different payment systems in India. Over the next few weeks we will take a deeper dive into some of these payment systems. We start with this segment on Credit Card Payments. You’ve heard all these amazing things about how a credit…

Regulatory Bodies and Payment Schemes — This article will summarize the evolution of payment systems in India, and give a brief overview of the key regulatory players involved in facilitating these systems. Regulatory bodies Reserve Bank of India

14th century to present day — In the previous post, we discussed the origins of money in the gift economies of the prehistoric times and commodity money in early civilizations. We also saw the introduction of banking and payments instruments like promissory notes and bills of exchange in the Roman empire and the Indian subcontinent. …

Prehistoric to Middle Ages — “mind over matter, money over all…” — Lil Wayne Everyone likes money. Some people, like rappers, really like money. But wherever you lie on this spectrum, you will agree that money is a very important part of our lives. You use it to buy food, pay rent and purchase your…

Where we are, and where we’re going — “Artificial Intelligence began with an ancient wish to forge the Gods.” -Pamela McCorduck Artificial General Intelligence (AGI) refers to the ability of artificial agents/programs to display human-level proficiency in reasoning about and performing tasks in their environment. …