HDFC Bank ties up with 5 start ups

Posted on:12 Mar 2016 09:12:05
HDFC Bank ties up with 5 start ups
12 March 2016 Current Affairs: HDFC Bank has chosen five start-ups it will work with to strengthen their web, mobile and payment offerings.The company shortlisted these five from 30 applications at its maiden Digital Innovation Summit.The final five are Senseforth Technologies, into AI customer response; Tagnpin, a marketing and customer engagement company; Safe 2 Pay, a point of sale-free payment system; Bugclipper, an in-app feedback tool, and Taptis Technology, a biometric payment company.The bank previously tied up with Chillr to enable its customers pay without a wallet Senseforth, based in Bengaluru, has developed a machine learning tool to help chat with customers to resolve their queries.The platform has been developed for the web, Android and iOS.Tagnpin, a start-up from Gurgaon, is a marketing and customer engagement tool, meant to help banks use customised marketing campaignsSafe 2 Pay has developed an app which allows offline payments. It is a replacement for cash or an electronic cheque. The app is your cheque, the pin is your signature and validation is done by the bank Bugclipper, also from Mumbai, has developed an in-house tool, which sends back reports to the development team about why an app crashed and describes customer behaviour.Taptis Technology, from Indore, has developed a biometric point of sale machine which is synced with Aadhaar and helps customers pay without a credit card by using their fingerprint, a camera and PIN-based system

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