wordpress blog stats
Connect with us

Hi, what are you looking for?

HDFC Bank deploys products from five fintech companies

HDFC Bank (2)

As part of its Digital Innovation Summit, HDFC Bank has selected products from five fintech companies to be deployed in the bank. The winners are companies  from artificial intelligence, marketing, quality assurance, and payments (both mobile and biometric) domains.

The selected companies are:

Senseforth Technologies (Artificial Intelligence) –  This Bangalore-based company’s software helps enterprises understand and respond to customers in an automated, real-time, and contextualized way. It claims to use artificial intelligence and computational linguistics that provides natural language customer interactions at scale.

Tagnpin (Customer engagement) – Delhi based company that provides loyalty program as a service to all merchants on a single platform. Merchants have complete flexibility to change the rules of loyalty program anytime and anywhere as well as the liberty to pick or change loyalty partners anytime.

Net Vigil Software (QR code based payments) – The Mumbai-based company has developed S2Pay, a patented technology which enables digital payments in the offline world. It enables two-factor authenticated payment in a single step on any phone.

Bugclipper Technologies (Quality assurance) –  Bugclipper allows users to report issues directly from your app, with screenshots, screen recordings and crash videos.

Tapits Technologies (Biometric payments)

Digital Innovation Summit received more than 100 entries, of which 30 startups were shortlisted to make presentation before the jury comprising senior management from digital banking, branch banking, marketing, IT, e-commerce and cards.

Nitin Chugh, head of digital banking at HDFC Bank that the summit’s idea came when the bank tied up with multi-bank mobile banking app Chillr last year and found that it needed to stay afloat on the technology front.

You May Also Like


Digital payment adoption has grown significantly in the last year, reflecting a secular trend among Indian consumers and businesses, TR Ramachandran VISA Inc’s group...


While traditional lenders have historically ignored small businesses, merchants and some customer segments, payment players have banked on the swaths of data they have...


BharatPe has raised $20 million (₹139 crore) through a debt funding round from Alteria Capital and ICICI Bank. The merchant-focused loan and payments app...


The Delhi High Court on Monday stayed a penalty issued by the Finance Ministry’s Financial Intelligence Unit (FIU) against PayPal Payments Private Limited, the...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ