Different Aspects and Success Factors of ISO 20022 Migration Amar Sindol2022-06-27T19:02:13+05:30What is ISO 20022? ISO 20022 is an international standard for exchanging electronic messages between banks and financial institutions. It gives the finance industry a common language and model for sending payment messages and exchanging payment data across the globe. ISO 20022 is an open global standard for financial information. It [...] FacebookTwitterLinkedInEmail June 27, 2022 Read more...
The Need and Impact of Digital Banking Units Vishnu Vardhan Vankayala2022-06-06T18:34:03+05:30Digital banking involves the digitization of all traditional banking products, processes, and activities to serve customers through online channels. Banking that is done through the digital platform without any paperwork like account opening forms, cheques, pay-in slips, and so on is referred to as digital banking. It relies on high-level process [...] FacebookTwitterLinkedInEmail June 6, 2022 Read more...
Challenger Banks: Business Drivers and Success Imperatives Poornima Jampana2022-04-07T19:30:33+05:30Challenger 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 [...] FacebookTwitterLinkedInEmail April 7, 2022 Read more...
Hyper-Personalization: A Key Enabler in the Digital Evolution of Banks Amar Sindol2022-03-14T18:19:11+05:30Why 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, [...] FacebookTwitterLinkedInEmail March 14, 2022 Read more...