How Product Technology Companies are Shaping Modern Banking

Fss12 Jun, 2025Business

In the 1970s, the beginning of core banking systems to bring efficiency was revolutionary in many ways. For the next 45-odd years, India’s banks and financial services industry saw a slow and steady evolution of technology. But it wasn’t until 2016 that the industry saw a dramatic change in use of technology in banking and payments, with the launch of Unified Payment Interface or UPI.