Ashishbahl

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About Ashishbahl

Ashish Bahl, a successful FinTech entrepreneur, has built and launched companies in the eInvoicing, debit routing, eCommerce, and home banking industries. Proven Track Record: Over his career, Ashish has launched and grown numerous FinTech and other technology businesses. His first company, Exchange Place Solutions, a strategy and solutions firm for financial services, was purchased by iXL in 1997. Ashish then built and sold Harbor Payments, an e-invoicing participant, to American Express for $150 million in 2006. His third company, Acculynk, developed patented debit routing technology, and was sold to First Data in 2017. =Ashish�s current company, KyckGlobal, is a powerful SaaS-based payment platform that enables companies of all sizes to pay employees, contractors, and customers through more than a dozen payment types. This next-gen solution helps companies streamline and transform their outgoing payments processes.

How the pandemic accelerated widespread adoption of digital financial solutions | Ashish Bahl

Ashishbahl10 Feb, 2022Business

When the pandemic hit, the entire country and many other parts of the world hunkered down in their homes. And the only way to work or exist outside of your family unit was through the internet. Even now, many jobs are still performing from home or in some sort of hybrid situation. A study from McKinsey claims that the U.S. advanced five years ahead in business and consumer digital adoption in only two or three months! Because this rush to online work, education, and consumer behavior were so unexpected and quick to settle in and become our ?new normal.? The need for a safe and secure digital financial solution spiked to an all-time high. KyckGlobal has also experienced this change in the market and has found itself in hot demand from businesses looking to streamline and shift their company to an efficient cloud-based platform with various techniques to work best with their specific company.

Conversations About the Impact of Financial Inclusion on the Global Economy - Ashish Bahl

Ashishbahl10 Feb, 2022Business

ATLANTA, Ga. ? May 28th, 2021 ? Ashish Bahl, Founder and CEO of KyckGlobal, a Fintech company with a cause and passion surrounding the subject of financial inclusion spoke today at a company meeting and addressed questions and concerns about the rise of merchant processing and the newest emerging sector of workers that are un-banked or under-banked. With the unemployment rates continuing to rise due to the post pandemic, it?s no surprise people have moved towards working in the gig economy. With the growth of the gig economy, people need different payment solutions for different jobs. Studies show that individuals offered a method of banking and financial services enables them to save, contribute, earn and distribute money to others, giving a sense of connectivity. Financial inclusion aims to include everybody in society by giving them basic financial services. These services do not look at race, individual net worth nor do they consider the economically underprivileged.

Ashish Bahl | FinTech in Post-Pandemic Economic Recovery for SMEs

Ashishbahl10 Feb, 2022Business

mpact of COVID-19 on SMEs As of 2020, there were 31.7 million SMEs in the United States, which is 99.9% of all businesses (SEMrush, 2021). It is no secret that these enterprises have faced adversity over the last few years- specifically amidst the pandemic. Some of the greatest challenges these businesses are facing include reduced revenue, unforeseen expenses, and a lack of capital. As a result, many small businesses have seen diminishing growth or have been forced to close entirely. Insufficient solutions during a critical time In addition to these obstacles, SMEs have traditionally been inadequately serviced by their banking providers. The current services do not sufficiently meet the needs of these small businesses. Consequently, numerous SMEs have been compelled to rely on unfavorable loans and other financial funding. As these services remain stagnant, SMEs demands continue to evolve in today?s pivotal economic conditions.

Financial Inclusion Impacts Individuals, Business & the General Economy

Ashishbahl10 Feb, 2022Business

What you need to know about financial inclusion. Studies show that individuals offered a method of banking and financial services enables them to save, contribute, earn and distribute money to others, giving a sense of connectivity. Financial inclusion aims to include everybody in society by giving them basic financial services. These services do not look at race, individuals net worth nor do they consider the economically underprivileged. Products such as loans, equity and insurance also play a bigger part in the general health of our economy. The concept of financial inclusion goes well beyond merely opening a bank account, it provides individuals the ability to be part of something bigger and contribute to the economic welfare of our global economy.

Ashish Bahl | What is a Cross-Border Payment?

Ashishbahl10 Feb, 2022Business

What is a Cross-Border Payment? With Ashish Bahl at the helm, KyckGlobal has opened up the door for cash bill payments from the U.S. to Ecuador by partnering up with Easypagos. This type of payment is what we call a ?cross-border payment?. Cross-border payment is a transaction that is sent from one country and received in another country. These types of payments can be between two individuals, an individual and a business or banking institution that want to transfer funds across territories.

https://ashishbahl.com/kyckglobal-launches-new-payment-type-rapid-paycard/

Ashishbahl10 Feb, 2022Business

KyckGlobal, a cloud-based outbound payments platform founded by FinTech entrepreneur Ashish Bahl, announced the launch of its newest payment solution known as rapid! PayCard. Powered by Green Dot Corporation, rapid! PayCard is writing the next chapter in disbursements with its foundation focused on service excellence. Read more to discover the benefits of using the rapid! PayCard and why it might be the right choice for you. KyckGlobal?s software-as-a-service (SaaS) platform enables companies of all sizes to pay employees, contractors, and customers through a variety of different payment types ? all from a single point of reconciliation. The KyckGlobal platform empowers companies to make one-off payments to individuals, such as insurance claims, sales commissions, loan proceeds, game and lottery winnings, rent payments, customer reimbursements, passenger appeasements, and other types of vertical-specific disbursements.

Common Barriers To The Use Of Financial Services By Immigrants | Ashish Bahl

Ashishbahl10 Feb, 2022Business

Immigrating to the United States comes with many challenges, not the least of which is financial. In addition to the sheer costs of immigration, the lack of credit history makes financial inclusion extremely difficult for many immigrants. These ?credit invisibles? are often unbanked or underbanked, creating innumerable challenges for them in an increasingly cashless society, particularly in the wake of the ongoing worldwide pandemic, when credit cards and other digital payments have taken precedence. In fact, the use of cash has fallen 57% over the course of the pandemic according to a recent EY survey. Risk In addition to the he costs of operating in cash can be exorbitant. Few immigrants who travel to the United States are prepared or financially secure. This results in immigrants disproportionally making up a large portion of low-income individuals and non citizens. Being unbanked is one of the most common barriers that immigrants face when trying to build their wealth.

Pandemic-Era Growth of FinTech Continuing in 2021 | Ashish Bahl

Ashishbahl10 Feb, 2022Business

The year 2020 brought an immense number of changes, there was growth in different industries we could?ve never predicted. However, with these transitions came the rapid emergence and expansion of the FinTech market. The use of technology to enhance financial services was more sought out than ever because of the pandemic. In March 2020 when most of the world had to work remotely, industries that fully integrated technology services were at the forefront. Specifically, FinTech became a leading industry during the pandemic. Fintech offered the solution of affordable financial services along with simplicity and efficiency. As a result of this, Fintech experienced an unprecedented amount of funding during the pandemic and this trend is continuing all the way into 2021. The Demand for More Flexible Payments With all the uncertainty the pandemic brought, the one thing everyone needed was flexibility. This is why the demand for solutions offering flexible payment platforms skyrocketed

Why Gig Space Workers Expect Fast and Free Payment Solutions | Ashish Bahl

Ashishbahl10 Feb, 2022Business

Most Gig Space Workers work for Uber, Shipt, Taskrabbit, Rover, and many more. The understanding of using these apps is that you can use these jobs as fast, free payment solutions to get money. Gig Space workers want jobs that they are still getting paid for, with free or almost free payment processing. When working with large, global companies like Uber and Shipt, most workers sign up for the fact that you can get fast and easy payment through these channels. You are unbanked but employed. Uber, Shipt, Rover, and many other of these self-employed apps have an instant payout feature that you can use. This specific feature allows workers to cash out their earnings within an hour of completing the job that they selected. Before implementing an instant payout feature on these apps, workers previously would have access to their earnings once a week.

Why Financial Institutions are Scrambling to Digitize | Ashish Bahl

Ashishbahl10 Feb, 2022Business

Financial institutions are scrambling to become digitized, especially since the hit of the pandemic. Since the height of the pandemic, there have been multiple impacts on things around the world, and financial institutions are included on that list. The global pandemic has caused a lot of different marketplaces to fall short and have to adopt new and different strategies. Compiled below is a list of six key points that financial institutions should take into consideration, should they want to stay relevant and afloat. Data is important for every aspect of the world, and media. Data is a collective way to gather information on what an institution should do next, what they should avoid, and what problems they could solve if any were to arise in the midst of their terms. In recent studies, it was discovered that small to medium businesses pose more of a risk to banks for loans than any other businesses. By using mobile apps and processing financial institutes .