The Role of BIAN in Open Banking and Composable Banking Sneha Vukkadapu2024-02-19T12:17:58+05:30Interoperability in banking and finance is multifaceted, uptight, and fraught with many menaces, risky projects, and prominent vendors. One such solution is Open banking. Open banking is a mode where banks provide a set of consistent and standardized interfaces to permit service providers and third parties into their banking [...] FacebookTwitterLinkedInEmail February 5, 2024 Read more...
Ensuring Resilience in the Fintech Eco-system by Introducing Chaos Engineering Ravi Bhushan Konduru, Anil Bahirat2023-10-19T19:31:54+05:30Over the past few decades, consumers increasingly accepted digital tools as they helped save time, manage funds securely, and track and control their finances efficiently, leading to the growth of Fintech companies. According to some reports, the Fintech Industry is projected to become $1.5 Trillion by 2030. NA has the [...] FacebookTwitterLinkedInEmail October 19, 2023 Read more...
5 Untapped Potential Areas of Open Banking Vishnu Vardhan Vankayala2023-04-17T18:15:31+05:30Once upon a time, in a world of traditional banking, a young entrepreneur named Richa had an innovative idea for a new financial service offering. However, she realized that her idea was only possible if she could access financial data from various banks in real time. Frustrated by the [...] FacebookTwitterLinkedInEmail April 17, 2023 Read more...
Top Digital Payment Trends to Watch Out For in 2023 Payel Ghosh2023-02-02T18:40:56+05:30In 2022, we already saw the emergence of payment SaaS, the adoption of Blockchain Technology, and the evolution of Central Bank Digital Currency. We also saw new payment modes like Buy Now Pay Later, Biometric Authentication, and Biometric Payments and an increase in the use of AI and ML [...] FacebookTwitterLinkedInEmail February 2, 2023 Read more...
11 Benefits of Embedded Finance and How it Transforms the Fintech Harikrishna Vulli2023-09-20T18:27:42+05:30Have you ever thought about how you can make payments for a movie without standing in line or pay utility bills without stepping out of your home via Paytm or Google Pay? Yes, you can name many applications that make instant payments happen. But how is this happening? How [...] FacebookTwitterLinkedInEmail December 12, 2022 Read more...
The Necessity of Quality Assurance for Digital Payments Cigniti Technologies2017-09-28T14:12:49+05:30The veil has been lifted, the masks are off. A couple of decades ago, the customer took what was offered. Organizations did what they felt was in their power. There was a mystery regarding the on-goings of trade, and trade-secrets were greatly guarded. As time passed, however, communication took [...] FacebookTwitterLinkedInEmail January 28, 2017 Read more...
Digital Disruption in the Banking Industry: Have you Defined your QA Strategy? Cigniti Technologies2020-07-08T15:31:13+05:30Before we get there, we need to understand what is causing the whole turmoil and disruption in the banking industry. Yes, you guessed it right. It is FinTech. But what really is FinTech? Per Wiki, ‘Financial technology, also known as FinTech, is an economic industry composed of companies that use technology [...] FacebookTwitterLinkedInEmail April 25, 2016 Read more...
Changing Dynamics of IT Services Industry calls for IP-Led and Automated Approaches to Ensure Better Quality Sairam Vedam2019-07-31T15:57:43+05:30Who said IT Services Industry is not exciting anymore? As we have been witnessing, IT services industry is increasingly moving away from labor arbitrage models to innovation and automation driven, IP-led models that promise a hybrid approach to the way services companies can work. This is a good omen considering [...] FacebookTwitterLinkedInEmail February 23, 2016 Read more...