Srinivas Nidugondi

Srinivas, Chief Operating Officer - Mobile Financial Solutions, has over 17 years of experience in various industries including financial services, payments and commerce in a variety of business and product related roles and most recently with a specific focus on enabling banking, payments and related services through digital channels.. At Mahindra Comviva he heads the Senior Vice President and Head of Mobile Financial Solutions business unit, which currently has over 120 deployments globally, providing services for more than 750 million consumers and processing over $35 billion in payment flows. He has not only enhanced the leadership position of Mahindra Comviva in the Mobile Money space but broad-based the offerings to cover other segments and thereby have a full suite of products and solutions – across the banking, retail and telecom industries – to meet the requirements of consumers and businesses Prior to joining Mahindra Comviva, he established and led the business for online banking and mobile payments at ICICI Bank and also headed product management and business development functions in start-ups and IT product companies. Srinivas has many distinctions including heading India’s first digital only banking offering; defining the world’s first mobile payments interoperability standard; South Asia’s first mobile banking offering; being part of the first nationwide financial infrastructure for MFIs among others.

HIS ARTICLES

Mobile Financial Solutions

Digitizing the Future of Development

Fortuitous circumstances led me to visit the United Nations during the General Assembly week not too long ago. I was amongst the privileged few to participate as a panelist at…
Srinivas Nidugondi
26th November 2019
General

What to Expect in Digital Payments in 2018

The silly season is upon us, once again. It is, essentially, that time when one looks back and reviews the successes and failures of the previous year. It is also…
Srinivas Nidugondi
23rd February 2018
Mobile Financial Solutions

Mobile Payments takes Centre stage at the Mobile World Congress 2017

Like its predecessors, the 2017 edition of the Mobile World Congress (MWC) didn’t fail to impress. Over 108,000 visitors gathered in Barcelona to air and share their views on the…
Srinivas Nidugondi
20th April 2017
Mobile Financial Solutions

Digital Wallets’ “Black Swan” Moment

Is cash set to abdicate its throne in India? It wouldn’t be an understatement, especially given the recent furore over demonetization in the country! Without trying to sound too ironic,…
Srinivas Nidugondi
22nd December 2016
Mobile Financial Solutions

Will NFC have an impact in the african mobile payments space?

NFC technology already supports huge amounts of mobile payments around the world.  Ovum forecasts that the number of consumers using it will hit 939 million by 2019 (in 2015 it…
Srinivas Nidugondi
8th December 2016
Mobile Financial Solutions

Kick-starting the Mobile Wallet Revolution in the GCC Region

Over the past few years, the mobile payments industry has certainly made its presence felt on the global stage. As per data released by Statista, in 2011, the number of…
Srinivas Nidugondi
29th June 2016
Mobile Financial Solutions

Mobile Payments Take Centre Stage at MWC 2016!

The Mobile World Congress (MWC), GSMA’s marquee annual event, was bigger and better than last year, with a record number of 101,000 attendees from 204 countries. The theme “Mobile is…
Srinivas Nidugondi
29th March 2016
Internet & Broadband Solutions

Monetizing a Mobile Application: May the Best Application Win!

The first blog of this series dealt with why jumping onto the mobile application development bandwagon was a good idea. To ensure that an overly rosy picture wasn’t painted, the…
Srinivas Nidugondi
24th February 2016
Mobile Financial Solutions

Payment Banks: In for the Long Haul or a Flash in the Pan?

2015 is drawing to a close and, in so far, payments banks seem to be the flavour of the year. Well, for the mobile financial services space at least! Just…
Srinivas Nidugondi
3rd December 2015
Mobile Financial Solutions

Ripe for Disruption? Building our future today

There are two impulses in a human mind – one which says ‘DO’ and the other that says ‘DO NOT’. The mind weighs the good and the bad and uses…
Srinivas Nidugondi
8th October 2015
Internet & Broadband Solutions

Monetizing a mobile application can be tricky!

At first glance, jumping onto the mobile application development bandwagon seems like a good idea. And why not-as per data released by Statista, customers are keeping themselves extremely busy downloading…
Srinivas Nidugondi
6th October 2015
Internet & Broadband Solutions

A2P: Aiming 2 Profit

The telecom industry is, by and large, fiercely divided on whether Over-the-Top (OTT) players have sounded the death knell for SMS or not. One faction of experts has already written…
Srinivas Nidugondi
19th June 2015
Mobile Financial Solutions

Cash is still the king. Well, in India at least

According to the Reserve Bank of India (RBI), as of February 2015, India had over 20.86 million credit cards and 538.03 million debit cards-in other words, quite a bit of…
Srinivas Nidugondi
21st May 2015
Mobile Financial Solutions

Mobile payments: the year that was and will be

The many success and failures of mobile payments and related solutions witnessed so far brings home a very simple fact-one mobile-based financial solution will not cater to all markets. After…
Srinivas Nidugondi
26th February 2015
Mobile Financial Solutions

Interoperability and the mobile device

Being a relatively nascent industry hasn’t stopped the mobile money space from making headlines. And why shouldn’t it? The technology being used is advancing daily, as are the number of…
Srinivas Nidugondi
23rd September 2014