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Location
Singapore
Member since
2024
Writes about
Payments Retail banking Sustainable Start ups Financial inclusion Markets

Kaustuv's blog archive

2024 (6)
Kaustuv Ghosh

Kaustuv Ghosh

Founder at Prometheus Labs, Next Gen Infra.
Message Message me Posts: 6 Comments: 3
Bio Prometheus Labs is my family tech office, where I focus on digital assets, AI and tech research. Next Gen Infra is where I work with partners on the infrastructure of the future. Career History I built Opnfi, a SaaS platform for Pay By Bank. Prior to that, I founded one of the earliest crypto companies in Singapore(SendX on Stellar) and was SVP product for Matchmove, a MasterCard prepaid issuer and licensed remitter. Previously with NDTV(lots of digital firsts), Sybase 365(now part of SAP) as first India country manager and head of sales for AI as well as payments, NETS(AVP, Prepaid). Sinar Mas(SVP Mobile Commerce) and Orga(acquired by Redknee).

Blogs

Asia Financial Services

Embedding Climate Resilience Into Credit Origination Models for Small Businesses in Southeast Asia

15 May 2024

The MSME credit gap in ASEAN remains considerable. But MSMEs may be facing a new enemy. The threat lies in weather patterns and whether we can succeed in keeping the temperature rise at acceptable levels. Event-based vulnerability has always been in evidence anyway. It will just get more accentuated. Core issues, as many practitioners rightly poi...

Asia Financial Services

Banking At The Merchant-A Global South Perspective

07 May 2024

Introduction I am inspired by the writings of my peers. Alex Johnson’s most recent blog post (https://fintechtakes.com/articles/2024-05-03/merchants-future/) is very detailed, well-informed and a pleasure to read-as always. Please do make time, if you could, to go through it. The convergence of merchants and banking is an exciting possibility.

Banking Strategy, Digital and Transformation

Uncertainty On The Weather Front-The New Frontier For Financial Services

26 Apr 2024

Let us agree that the weather is important for financial services. How prepared are we for long-term, continuous changes in it's patterns as well as near-term instability? How should financial institutions and services respond as their asset bases are exposed more and more to things that cannot be controlled? This piece attempts to look at the i

Asia Financial Services

Credit Opportunities And Near Misses

29 Mar 2024

A journey past a credit card sales counter is painful. The collateral on display is attractive, the offers very tempting. Take a holiday! Get a premium piece of luggage! Find discounts on everything! But like that ice-cream tantalizingly out of reach when you were a kid in the market, it is verboten for some. "Give us a salary slip after 12

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Kaustuv is Commenting on

Open Banking In The Global South

  Thanks. I am not able to see your linked post, perhaps it might help to re-share privately and have a separate conversation about your own experiences on Open Banking and how you see it evolve. Thank you. 

25 Mar 2024 Reply Read article

Open Banking In The Global South

  Furthermore, I would like to enquire more. If EU has not progressed further despite PSD2 and PSD3, why is that so? If there are 6000 apps Open Banking apps in the US, then that means it is a runaway success. But beyond Plaid, what does that actually mean? Is this consumer-led banking? If not, it is not open banking in the way we think it should be. But perhaps they have defined it for their own purposes. So is it new wine in new bottles or old wine in new bottles? On the other hand, in our markets, data ownership and customer engagement will be a more complex, negotiated process with an eye on differentiation and portfolio growth from new segments. The definition of Open Banking will change.  

25 Mar 2024 Reply Read article

Open Banking In The Global South

  Hi Ketharaman, you are right-however, I am following the most structured markets which policymakers elsewhere may take up as benchmarks. The button "Open Banking" is just to be treated metaphorically. Customers should be able to engage with FIs and third parties to see multiple banks on one app, choose what data they are ok to share and are able to work with those through a single interface in common agreement. I am also keen to know more about FDX. Lot of learnings going on and lot of blind spots to be rectified. Thanks for your inputs, greatly appreciated. 

25 Mar 2024 Reply Read article