{"id":12198,"date":"2022-03-29T23:41:05","date_gmt":"2022-03-29T23:41:05","guid":{"rendered":"https:\/\/egrowonline.com\/?p=12198"},"modified":"2022-03-29T23:41:05","modified_gmt":"2022-03-29T23:41:05","slug":"blockchain-is-completely-useless-for-core-banking-bhavin-turakhia-of-zeta","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=12198","title":{"rendered":"Blockchain is completely useless for core banking: Bhavin Turakhia of Zeta"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Web Exclusive<\/p>\n<h2 class=\"alternativeHeadline\">Serial entrepreneur dwells on banking software, blockchain and Zeta&#8217;s technology roadmap in a conversation with Business Standard<\/h2>\n<p>\t\t\t\t\t<!-- Top topic --><\/p>\n<p class=\"pB15 fS14\"><strong>Topics<\/strong><br \/>&#013;<br \/>\n\t                    <a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/topic\/blockchain\" rel=\"noopener\">Blockchain<\/a>\u00a0|\u00a0<a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/topic\/fintech-sector\" rel=\"noopener\">Fintech sector<\/a>\u00a0|\u00a0<a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/topic\/b2b-startups\" rel=\"noopener\">B2B startups<\/a><\/p>\n<p>\t\t\t\t\t<!-- LAST UPDATE --><\/p><\/div>\n<div>\n<p>\t            <span class=\"p-content paywall\">&#013;<\/p>\n<p>\t\t\t\t\t    \t\t\t\t\t\t    \t\t\t\t\t\t    \t\t\t\t\t\t    \tZeta, a start-up that provides core banking software to banks and fintech companies, recently raised $30 million in a strategic investment from MasterCard at a $1.5 billion valuation. Founded in 2015, the company\u2019s platform processes 30 million transactions a month. <\/p>\n<p>Zeta co-founder Bhavin Turakhia, a serial entrepreneur who earlier started companies like Directi, Flock and Radix, spoke with Deepsekhar Choudhury about Zeta\u2019s tech, banking software and more. Edited excerpts: In a nutshell, what does Zeta do? We&#8217;ve built a completely modern credit card processing &#8230;<\/p>\n<p>&#013;<br \/>\n\t\t\t\t\t    \t&#013;<br \/>\n\t\t\t\t\t    \t\t\t\t\t\t   &#013;<br \/>\n\t\t\t\t    \t\t\t\t     \t            <\/span><\/p>\n<p>&lt;!&#8211; &#8211;&gt;<\/p>\n<p><!-- test --><\/p>\n<div class=\"row-inner\">\n<div class=\"sbc_panel\">\n<div class=\"sbc_login-new pT0\">\n<p class=\"panel_title1\" style=\"text-transform:none\">Key stories on business-standard.com are available to premium subscribers only.&#013;\n\t\t\t  <\/p>\n<h5 class=\"panel_title1\" style=\"text-transform:none\">Already a premium subscriber? <a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/user\/login\" class=\"login-box\" style=\"cursor:pointer\" rel=\"noopener\">LOGIN NOW <\/a>&#013;<br \/>\n\t\t\t  <\/h5>\n<\/p><\/div>\n<div class=\"default-container\">\n<div class=\"container\">\n<div id=\"subscriptionHead\" class=\"container-resize\">\n<div class=\"ziehharmonika\">\n<p>\t\t\t\t\t<!---rs199 open--><\/p>\n<h3 class=\"product_199 accordin_zeihar rs199\">&#013;<\/p>\n<div class=\"rs199\">\n<div class=\"rupee\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/bsmedia.business-standard.com\/_media\/bs\/theme\/new-subscription-1\/images\/article\/subscription\/coll-199.png\" width=\"144\" height=\"55\" alt=\"\" \/>\n\t\t\t\t\t<\/div>\n<div class=\"bs-title\">\n<p>MONTHLY STAR<\/p>\n<p>\t\t\t\t\tBusiness Standard Digital<\/p><\/div>\n<div class=\"sub-title\">\n\t\t\t\t\t<a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/article\/technology\/javascript:void(0);\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/bsmedia.business-standard.com\/_media\/bs\/theme\/new-subscription-1\/images\/article\/subscription\/subs_btn.png\" width=\"113\" height=\"30\" alt=\"\" \/><\/a>\n\t\t\t\t\t<\/div>\n<div class=\"sub-title-1\">\n\t\t\t\t\t<a target=\"_blank\" href=\"https:\/\/www.business-standard.com\/article\/technology\/javascript:void(0);\" rel=\"noopener\">&#013;<br \/>\n\t\t\t\t\t<span><img loading=\"lazy\" decoding=\"async\" class=\"rs_199\" src=\"https:\/\/bsmedia.business-standard.com\/_media\/bs\/theme\/new-subscription-9\/images\/closeup-1799.png\" width=\"106\" height=\"55\" alt=\"\" \/><\/span><\/a>\n\t\t\t\t\t<\/div><\/div>\n<p>&#013;<br \/>\n\t\t\t<\/h3>\n<div>\n<div class=\"product_199 container-data\">\n<div class=\"container-data-resize\">\n<div class=\"top\">\n<div class=\"left\">\n<div class=\"image\"><img decoding=\"async\" src=\"https:\/\/bsmedia.business-standard.com\/_media\/bs\/theme\/new-subscription-1\/images\/article\/subscription\/left-img-01.png\" alt=\"\" \/>\n\t\t\t\t\t\t\t\t<\/div><\/div>\n<div class=\"right\">\n<p>Business Standard Digital Monthly Subscription<\/p>\n<\/p><\/div><\/div>\n<div class=\"btm\">\n<div class=\"left\">\n<div class=\"benefit\">\n<div class=\"fl\"><img decoding=\"async\" src=\"https:\/\/bsmedia.business-standard.com\/_media\/bs\/theme\/new-subscription-1\/images\/article\/subscription\/img-02.png\" alt=\"\" \/><\/div>\n<p>Complete access to the premium product<\/p>\n<\/p><\/div>\n<div class=\"benefit\">\n<div class=\"fl\"><img decoding=\"async\" src=\"https:\/\/bsmedia.business-standard.com\/_media\/bs\/theme\/new-subscription-1\/images\/article\/subscription\/img-01.png\" alt=\"\" \/><\/div>\n<p>Convenient &#8211; 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Founded in 2015, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[2671,6736,73,6733,6735,6737,6734,6738],"class_list":["post-12198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-banking","tag-bhavin","tag-blockchain","tag-completely","tag-core","tag-turakhia","tag-useless","tag-zeta"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/1623147960-6217.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12198"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12198\/revisions"}],"predecessor-version":[{"id":12200,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/12198\/revisions\/12200"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/12199"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12198"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}