DataNimbus’ Post

GIFT City: The Rise of India's Financial Oasis - an Escrow PoV! Segment 1: What is GIFT City? GIFT City, also known as Gujarat International Finance Tec-City, is a specially designated business district in Gujarat, India, with a focus on financial services and technology. This city provides an ideal environment for various financial activities, including the management of escrow accounts. Segment 2: What are Escrows? Escrow accounts are a fundamental part of financial transactions, involving a neutral third party that holds and manages funds or assets until specific conditions are met or transactions are completed. Segment 3: Why Escrows are relevant for GIFT City GIFT City's infrastructure and regulatory framework make it a suitable location for managing escrow services, offering a secure and regulated environment for parties involved in such transactions. This contributes to the overall objective of GIFT City in becoming a hub for financial services and related activities in India. Segment 4: Case Validation Exhibit for Banks A software company in Mumbai is selling its product to a buyer located in the US. The transaction is facilitated through GIFT City's financial infrastructure: Escrow Arrangement: Both parties agree to employ an escrow service provided by a bank within GIFT City. Secure Payment: The US buyer deposits the payment into the bank's escrow account within GIFT City. Product Delivery: The Mumbai-based software company provides access to the software to the US buyer. Satisfactory Confirmation: After confirming the software's quality and functionality, the funds are released from escrow through the GIFT City bank. Global Trust: GIFT City's regulatory assurance and secure framework make cross-border transactions like this reliable and secure. In this scenario, GIFT City's involvement ensures a smooth and trustworthy transaction between the software seller in Mumbai and the buyer in the US. If you are a product manager at a bank visiting GFF, do visit our booth-G25 to talk more about how the DataNimbus FinHub platform can help you fast track and expand business in the GIFT City. #DataNimbus #GlobalFintechFestival #FinHub #InnovationInPayments #MultiCurrencyTransactions #FintechAdvancements

Come one, come all to the LAST Tech-Talk of 2023!  Fintechs are taking the industry by storm because they’re offering the products/services that your members want and need from a financial institution. If you’re not looking into fintechs for your credit union, the time to do so is NOW. Let Vizo Financial serve as your link to companies, like Zest AI, Prizeout and Greenlight, that might just hold the key to innovation at your credit union. During this 30-minute Tech-Talk event, each fintech will present a mini demo of their product/service. Then, you’ll have the opportunity to ask questions and figure out if the fintech is the right one for your credit union. Make sure to register for this event before December 19: https://lnkd.in/g3q-GkQ3 #VizoFinancialWebinars #webinars #TechTalk #TechEvents #FinTechs #FinancialTechnology 

⚡️ Watch How We Helped Wedo.ai Increase Their Development Speed By 25% For Their Digital Fintech Platform! The Founder 'Indiana Gregg' had this to say about partnering with 300brains: " The quality of service and code they implement is stellar! I'd rank them top of the top, one of the best teams I've ever worked with! " Watch our interview with Wedo by clicking below 👇🏼 https://lnkd.in/eiZuDqvs

A few weeks ago, I mentioned that I had the privilege of speaking at Finovate Europe 2024 event and demonstrating our product — Fintech Core Now, I'm excited to share that you can not only read about this solution but also watch a demo video  presenting how Fintech Core, developed by DashDevs, works in action! This product offers many features, customization options, affordability, and compliance with fintech regulations. However, let’s not talk a lot — watch the demo presentation to understand the significant impact one solution can have on your business! #FintechInnovation #DashDevs #FinovateEurope

🎉 Exciting stuff! Check out what Sam Kilmer and Mary Wisniewski have planned at Experience FinXTech 2023 including an episode of Fintech Hustle with Derik Sutton of Autobooks and John Findlay of LemonadeLXP. #fintech #BaaS #fintechhustle #experiencefinx

MOONSHOT by TechCabal was a blast, and PayTV was there to cover important highlights from the conference.    Here is our own point of view from MOONSHOT 2023. Enjoy!!! #MOONSHOTBYTECHCABAL #paytv #highlights #conference #mediapartner #tech #payments #fintech #insights