The Economics and Future of E-commerce Fraud in India

E-commerce is one of the Indian economy’s fastest growing sectors. Bank of America Merrill Lynch estimates the Indian online retail market to carry a gross merchandise value (GMV) of $62 billion by 2020, with a GMV of $17 billion this year. This growth is fueled by businesses which are increasing efficiencies in demand and supply …

Advertisements

Performative Effects and Politics of Sovereign Credit Ratings

At the BRICS summit in Goa last October, five nations agreed to explore the possibility of launching a credit rating agency. The following month, S&P decided to leave India’s sovereign credit rating unchanged. The way events surrounding India’s credit rating have been unfolding are of great importance and significance. They point to many inherent flaws …

Blockchain Series -Potential Impact on Industries

In this section, we look at the potential impact Blockchain can have on: Capital Markets Banks – International Payments Insurance ecosystem Central Banks Having covered potential use cases, it is important to look at an actual use case which has been around for almost 7 years, Cryptocurrencies. 1.0 Capital Markets 1.1 The Landscape In today’s …

Blockchain Series – Blockchain Revolutionizing Financial Services

The Current Landscape The financial services industry has been the slowest to adopt any change given its sensitive nature. While at a retail level, consumers are becoming more demanding and banks are being forced to adapt and innovate, the Banking sector as a whole, given their fiduciary responsibility, still remain conservative when it comes to …