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From the look of it, payment appears that it is very much possible what it needs is brilliant minds (across the globe) and cross border intent to come together and explore the possibilities to make the Payment Infrastructure space much cleaner...
Banking Revolution

Jan 10, 2019

Fostering a Banking Revolution with AI and Blockchain

Kalyan Kumar B Corporate Vice President & Chief Technology Officer, IT Services

Today, the financial industry is in a state of constant change as it continues to evolve through demanding client needs and regulatory/compliance requirements. Beyond regulatory scrutiny and competitive stress from internal and external stakeholders...
A Step Apart
Paresh Vankar writes on what marketers need to do to step up their game in 2019. Looking at the emerging trends, he diagnoses and predicts key trends that will shape B2B marketing in 2019.

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...
Tech holds
Rahul Singh, writes on the release of the financial services research paper and how banks and financial institutions can develop tools and strategies to stay ahead of fintech competitors. Originally Published on Finance Derivative: http://www....
Digital Payments

Dec 07, 2018

Trends in Digital Payments Industry

Saniya Jain Global Engagement Manager

Payment, although a small component of the banking function, is becoming a key competing factor amongst the global banks today. In this competitive environment, where banks are looking to innovate to come out ahead, adopting digital payments has...
Client on boarding (COB) refers to all activities that are performed during the acquisition of new customers and plays an integral role in subsequent interactions during the complete customer lifecycle - ranging from all the mandatory KYC, AML, risk...
With a strong 2.3 billion population worldwide, millennials are the largest generations and yet, with 2.45 trillion dollars of combined annual buying power globally, they are as powerful as their counterparts’ boomers and Gen-X.  With this...
Banking Industries
Automation, AI and Analytics are changing Banking in a manner and magnitude none of the technical advances had done in the past. The overall impact of these three forces is not a simple addition of the individual impact, rather it has a-multiplier...
As the AML landscape is rapidly changing, the financial service companies moving towards automation by adapting RegTech.
cognitive computing

Dec 21, 2016

Bolstering Wealth Advisory Services through Cognitive Computing

Avinash Dave Global Practice Manager, Capital Markets Services, Financial Services

Cognitive computing, aka artificial intelligence, mimics the human brain while approaching a problem, and improvises based on previous learnings. These systems showcase remarkable problem solving capabilities using techniques of natural language...
Fraudsters at the door

Dec 09, 2020

Going Digital while stopping Fraudsters at the door

Joe Joseph Head of Risk and Compliance practice

Account opening is a critical process in a Financial Institution (FI), where verifying the identity of potential customers is a regulatory KYC mandate. While lapses in this process may result in large fraud related financial losses, it could also be...
Data Analytics Game
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.
Digitalized Subrogation
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.
Automation – Initially the thought process started in the Insurance Industry to explore the desirable reduction in OPEX (Operational Expenses). The Key Business processes got determined and had undergone the Automation technique.  Some of them...
The idea that machine intelligence can automate marketing functions isn’t new. What has changed is the manner in which AI and other “intelligent” robots are being deployed by marketers. Machine intelligence is complementing business intelligence in...
Global Cross Border Real Time payments

Apr 18, 2016

Global Cross Border Real Time payments

NANDAKUMAR S Associate Business Manager

Payments market has evolved to the core right from barter system to Coins, Notes, paper based, telegraphic/wire transfers, plastic cards and will continue to evolve with ongoing innovation like Real Time Payments, Cryptocurrency etc.
In the age of globalization, when the number of multi-national corporations is ever-increasing, standardization is a necessity, not a choice. Financial reporting, is an essential aspect of business and requiring standardization. International...

Digitalized Subrogation – A Focal Point for Loss Ratio Improvement
Prasannavenkadesh Sankar - Senior Business Manager | February 14, 2019

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.

5 Reasons Why: "AI" - A Double-edged Sword for Cybersecurity in Financial Services
Sudip Lahiri - SVP & Head Financial Services Europe | February 14, 2019

The blog lays out the top five reasons why AI acts as a double edged sword for Cyber Security in Financial Services. Written by Sudip Lahiri, Head of Financial Services for Europe, the blog contends that institutions must be careful to look at AI as an enabler, rather than a replacement for human intervention.

How AI can take over our free will
Ramya Paramasivam Gupta - Area Sales Director, HCL Europe | February 5, 2019

We humans are governed by our free will to choose and make decisions. But, in the world of technology and data brokers, those who can predict and drive one to make decisions, are influencing free will.