ASSOCHAM 2nd National Summit on Neo-Banking

Digital transformation has been the focus of financial services in India for over a decade. India Stack has enabled the foundational blocks to accelerate digital tech in financial services (FS) by combining various infrastructural and financial rails including Aadhaar, Unified Payments Interface (UPI), secure data access through account aggregators as well as initiatives and open networks such as Open Credit Enablement Network (OCEN) and Open Network for Digital Commerce (ONDC).

The financial services industry driven by coopetition from big techs and fintech has been innovating on digital value propositions as they traversed through channel propositions to digital only banking through to beyond banking marketplaces. To develop and sustain competitive differentiation, financial services stakeholders and new entrants like neo banks will take these beyond banking propositions to the next level by seamlessly embedding financial services in the consumers day-to-day operations. We invite you to an engaging conversation pertaining to new age financial services offerings underpinned by embedded finance.

Keeping these imperatives in mind, the ASSOCHAM Department of Banking & Financial Services, is organizing the ASSOCHAM 2nd National Summit on Neo Banks under the theme of “Banking on Embedded Finance”. The outcome of this effort will be an increase in trust, affordability & accessibility in the industry and financial lending market.