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Cloud
1,425
Fog Computing is a horizontal capability that complements both cloud and edge computing. The theme is generally directed at tapping into services accessible from devices, such as payments, increasing personalized offers and retaining customers who...
Technology at the Rescue
427
The miniscule traceability of the illicit transactions and hefty fines on financial institutions are attributable to imitations of traditional financial and AML systems. Also, it is an indication of systemic breach of trust on which the business of...
FinTech
351
FinTech disrupts every nook and cranny of the Financial Services Industry, and companies which adopt these emerging technologies like Big Data, BlockChain and IOT will up the ante and have a prime-mover advantage compared to their peers in the...
DIGITAL
1,483

Dec 05, 2017

Digital: Not a ‘small change’ for banks

Rahul Singh President and Global Head - Financial Services

It is said that by 2021, half of the world’s adult population is set to bank digitally. With the number of customer touch points growing, services are going 24/7, collaboration with partners has become essential to innovation and customers are...
RESPONSIBLE FOR GDPR
493
GDPR is not a one off exercise and compliance will be an ongoing exercise with a combination of process and IT changes required and GDPR compliance after the implementation date continuously monitored.
Regtech
863
As the AML landscape is rapidly changing, the financial service companies moving towards automation by adapting RegTech.
Big Data
1,028
Insurance Industry is replete with Data and Big Data Analytics helps insurers determine and foresee the risks based on the Data garnered across departments and from a wide spectrum of sources viz., customer Interactions and Social media, Government...
Blockchain Technology
1,693
Even the much acclaimed digital journey converges to leveraging modern technologies like blockchain that would completely transform the way we do businesses. Blockchain, a Distributed Ledger Technology (DLT) underpins bitcoin technology and has...
Data driven decision making in the banking industry
771
In today’s banking landscape, business is driven by data. Data provides valuable insights for businesses to focus on key areas that need valuable resources such as people and money. 
Heralding
830

Jan 09, 2019

2019: Heralding a new era in financial services

Srinivasan Seshadri EVP & Head of Financial Services

Srinivasan Seshadri, Head of Financial Services for North America writes on what are the major trends to look out for in 2019. Looking at 5 key areas, Srini argues that financial services are making a major leap and building on to the ecosystem...
 Augmented Intelligence
924
The urge to remain competitive in the market compels banking firms to master and use complex AI tools and action a customer-centric framework.Technology must harmonize the interplay between computing and human interpretation capabilities, allowing...
Sporadic disruptions in insurance industry
771
Business Disruption is not new, but, simultaneous disruption in different walks of life and across businesses is the new phenomenon that global businesses are trying to position as an opportunity, challenge, or a threat. With never like before...
Data Analytics Game
1,856
How can we use machine learning in the insurance industry? Machine Learning could change the dynamics of the insurance industry sector. As an essential tool for insurers, it could help in improving underwriting, pricing policies and detecting fraud.
Gamification in insurance
1,286
Did you know? Games share certain characteristics with insurance, business and our lives! Significant common characteristics include uncertainty, challenge, chance, choices, goal, relevance, reward, rules and terms of agreement.
Digitalized Subrogation
670
Optimized Processes in Claims Lifecycle and Straight Forward Claims Settlement in Fast track are some of the Buzzwords being articulated repeatedly when the Insurers look for improving their Loss Ratio.
RegTech
573

Mar 30, 2017

RegTech solutions simplified: Reimagining the banking sector

Kinsuk Mitra Director of Finance, Risk and Compliance

The financial services industry responded to the 2008 global crisis by tightening regulatory frameworks. However, newly framed policies were expensive to implement and also restricted revenue growth, thereby impacting profitability. Around the same...
Data Analysis
851
Data on a customer’s financial well-being, purchase behaviour, family status etc. that’s such a powerful source is not still put to its fullest use by many of the financial services giants.
Chat Bot
1,999

Mar 29, 2017

Chatbots in Banking: Let’s discuss the future

Rahul Singh President and Global Head - Financial Services

Modern-day banks are consistently looking for avenues to improve customer satisfaction. The banking industry, never one to shy away from disruptive technology, is rapidly deploying chatbots towards that end.

Preparing for Hard Brexit-Here's What Banks Should Do
Kinsuk Mitra - Director of Finance, Risk and Compliance | March 19, 2018
403 Views

As Brexit negotiations turn to trade, financial services need to make sure their systems can handle the pressure if the UK cuts all ties with the EU. This means that software development at financial institutions, with associated quality assurance and testing, will need to stay one step ahead. This will be to make sure Bank’s trading, risk and collateral management systems can deal with the complexity of moving large volumes of trading business smoothly in a hard Brexit scenario.


Blockchain To Change Business Processes Forever
Shivendra Singh Yadav - Product Leader, Digital & Analytics | January 24, 2018
449 Views


In the future, your job may not feel like work. Here’s why.
Rahul Singh - President and Global Head - Financial Services | January 18, 2018
1182 Views

Finnovation is here and in a few years’ work may not seem like work anymore. The workplace has begun to reflect the ethos of a cutting edge technology company replacing the musty, steeped-in-tradition feel of a bank or an insurance organization.