Traditional banking is here to stay but there are disruptive innovations which are changing the landscape in some ways.

Payment gateways and digital banking are becoming popular with the advent of smart phones and apps.

It is interesting to note how these new payment mechanisms and applications will change the way banking is done in the future.

Warren Buffet said that this technology can change the way things function over time and is like simmering water in which a frog feels he is safe, but when the water hits boiling point, its too late for the frog’s rescue.

Time will tell how the digibanking and payment mechanisms change banking for ever!

Rajeev Thakkar

He is the Chief Investment Officer of PPFAS Mutual Fund.

Regarded by many as a polymath, his presentations, cover diverse topics ranging from the state of the shipping industry, corporate leadership, capital allocation and individual companies like Google. His audience usually takes to him wholeheartedly, as he possesses the endearing quality of 'talking to' them and not 'talking down to' them. Apart from them, certain presentations may be made by a few of their colleagues on account of them being well versed with a specific topic.

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