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How Blockchain is Solving the Pain Points in the Payments Sector

Payel Ghosh2022-05-02T19:01:18+05:30

Digital security has always been an issue for payment organizations and their customers. Transparent and immediate payment is the basic need. To enhance and popularize digital payments and be more customer-focused, payments need to be made easy, fast, and highly secure.  Blockchain technology has come up with the solution which [...]

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May 2, 2022
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Challenger Banks: Business Drivers and Success Imperatives

Challenger Banks: Business Drivers and Success Imperatives

Poornima Jampana2022-04-07T19:30:33+05:30

Challenger Banks are the new age banks that have come into existence riding on the waves of technological and regulatory enablement.  These banks, in general, are completely digital and don’t have a branch, saving loads of money, which makes the entire process convenient and cost-effective for the customer.   Every year, they [...]

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April 7, 2022
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Business Benefits of Digitalization in Wealth Management

Business Benefits of Digitalization in Wealth Management

Natesh Kumar2022-04-05T11:14:33+05:30

Digitalization is a challenge for wealth management firms and will provide an inevitable change in the coming decade. It is an essential aspect of modern investors’ premium service to include high-quality digital tools. Wealth management firms are facing challenges such as addressing the threat of fintech challengers, measurable success metrics, KPIs, [...]

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April 4, 2022
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Accelerate Digital Transformation by Migrating Core Banking to the Cloud

Vishnu Vardhan Vankayala2022-03-31T19:42:30+05:30

Core (Centralized Online Real-time Exchange) Banking is a system that enables a group of bank’s branches to perform transactions between accounts in different branches and share the data in real time. According to Gartner, “a core banking system is a back-end system that processes daily banking transactions and posts updates [...]

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March 31, 2022
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Ensuring Assurance for Sophisticated Order Management Systems in Capital Markets

Ensuring Assurance for Sophisticated Order Management Systems in Capital Markets

Raghu Kishore Mididhem2022-12-01T14:45:10+05:30

Global Scenario Major markets, such as the United States of America, Hong Kong, the United Kingdom, Japan, Singapore, and Australia, continue to follow the T+2 settlement cycle. However, in different jurisdictions, the talk about moving towards a T+1 settlement cycle is gathering momentum. In February 2021, the United States DTCC (Depository Trust [...]

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March 17, 2022
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Hyper-Personalization: A Key Enabler In The Digital Evolution of Banks

Hyper-Personalization: A Key Enabler in the Digital Evolution of Banks

Amar Sindol2022-03-14T18:19:11+05:30

Why Hyper-personalization? In recent times, customers are looking for a customized solution for their specific requirements and utilizing the digital features of banking as per their needs. Moreover, banks have realized the economic advantage of personalization which can bring in considerable cost reduction by providing diverse cutting-edge products with AI, [...]

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March 14, 2022
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Cloud Migration Assurance for Digital Payment Applications

Cloud Migration Assurance for Digital Payment Applications

Payel Ghosh2022-03-03T19:37:51+05:30

The Need for Digital Payment Applications to be Migrated to the Cloud: Like all other industries, the payment industry is also evolving. The driving factors for the evolution are cost-reduction, convenience, speed, and security. These are the reasons why cloud systems are being considered for digital payment applications as well. The [...]

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March 3, 2022
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Machine Learning: The Need of the Hour for Banks

Machine Learning: The Need of the Hour for Banks

Vishnu Vardhan Vankayala2022-02-17T20:50:03+05:30

Banks have been frontrunners in adopting new technological innovations for the past couple of decades and have taken advantage of everything technology has to offer.   Indian-born British inventor John Adrian Shepherd-Barron was inspired by chocolate vending machines and hit upon the idea “if vending machines could dispense chocolates, why couldn’t [...]

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February 17, 2022
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Trends in the Digital Payments Sector to Look Out For in 2022

Trends in the Digital Payments Sector to Look Out For in 2022

Payel Ghosh2022-01-20T18:49:27+05:30

The digital mode of payment has emerged in the last two years due to the pandemic. The world has seen a spike in digital payment transactions. Payments are now faster, frictionless, contactless, embedded, and transparent. What more will we see in 2022?  What can be enhanced further? Better Infrastructure with more [...]

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January 20, 2022
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Why is RPA needed for Transforming the BFSI industry

Why is RPA Needed for Transforming the BFSI Industry

Sathish Thiruvenkataswamy2022-07-28T14:16:37+05:30

Banking Financial Services and Insurance industry continues to house many legacy applications and business processes that involve many repetitive manual processes. Large organizations like JP Morgan Chase, UBS, MetLife insurance, etc., have invested millions of dollars over the years to transform their application landscape to enable end to end [...]

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January 6, 2022
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