The New Face of Digital Transformation : Open Banking!!

Introduction to Open Banking: Open Banking is a financial services terminology and can be defined as below: The use of Open APIs that enable third party developers to build applications and services around the financial institution Greater financial transparency options for account holders ranging from Open Data to private data The utilization of open source […]

Essential Tips for Successful Project Management (Part -1)!!!

In  present world, filled with certified and degree-wielding project managers it is expected that they know the rules of successful project management. It is expected they know prevalent methodologies like Waterfall, Agile, RUP and all the project management tools like Gantt charts, MPPs, Vision, Project requirements, specifications, and almost everything! All those wonderful bits and […]

How Millennials brought a Paradigm Shift to HR Department???

Generation X and Millennials, the two generations together now make up most of the workforce, but despite being back-to-back generations, they are separated by some key differences. The Human Resource Management recommends having a firm understanding of what is important and valued by each of these generations in the recruitment process. Doing so could be invaluable […]

Two Never-Ending Problems of Project Management!!!

The Iron Triangle, also known as the “Triple Constraint,” is the idea that Scope, Cost, and Schedule are intricately linked, so that, for any given project, it’s impossible to change one while leaving the others as-is. A corollary axiom, out of “Quality, Price, and Availability: one can only pick any two,” is an often-overlooked truth, […]

What Banks want from Service Providers??

The number of service providers for banks is increasing massively and banks now have the choice to pick considering numerous factors. With growing need, expectations are also growing and banks are really making informed decisions when it comes to picking the right service providers or vendors. Let’s take a step further and see what their […]

10 common challenges in a CMS-Payment Switch Upgrade or Migration Project (Part II)!!

Your Wait is over as we are back with continuation of our previous blog for the challenges that Banks usually faced while doing CMS Up-gradation/Migration. So in continuation with our Part 1, below are the few more challenges: 6) Aligning Build and Delivery Methodology: Every delivery organization has its own methodologies and templates. The challenge is […]

Contactless Payment – A Hit or A Miss!!!

Step in -> Tap / Wave ->Payment done ->Go! The advent of cutting-edge technology has brought huge changes to the card payment systems. An example of this is the contactless payment systems that have come up with the help of contactless cards, mobile phones, payment wrist bands etc. Contactless systems or mobile tap-to-pay systems securely […]

Be DevOpstastic !!!!!

DevOps!! The new trend coming in the Industry…. Let’s see the whole world of IT Industry with the lens of DevOps. DevOps does not go with only one thing, it has got the combination of Continuous Integration, Delivery, Continuous Deployment and more. DevOps can give the beautiful experience to the Industries handling large customer volume, […]

Primer to Payment Banks in India!!!!

Payment Banks: A payments bank is a bank, but operating on a smaller scale without involving any credit risk. In other words, it can carry out most banking operations but customer can’t take advance loans or issue credit cards. The Payment Banks is based on the concept of PPI that is to load cash into […]

Vend to Integrate!!!!!

It was Holi, I still remember that how colorful it was made by Verinite by a simple call and saying “Hello, Congratulations! Yogesh, you are selected”. I had been being under impression that I was selected as I have sufficient knowledge on how to test the system and gave each answer with required confidence in […]

Smile and the World smiles with you

Every day is a different experience, though it may be a normal day at work. We spend a lot of time at our work place and that’s why we also call it at times “Our second home”. Some people are quick to respond, some need to be pushed and some respond after the deadline. In […]

8 KEY QUALITIES OF AN EXCELLENT TESTER

“In God we trust, the rest we test” is a very popular line in testing world. Testing team or testers are a very important cog in the wheel as far as product development life cycle is concerned. A tester essentially conducts prescribed tests on programs and applications for quality, design integrity, and functionality, before they […]

VERINITE INNOVATION CHALLENGE!! – A COMPETITION TO DISCOVER NEW IDEAS TO DEAL WITH A PESTERING PROBLEM PREVALENT IN CORPORATE INDUSTRY TODAY!

Background: As part of employee engagement, interaction and team building activities, Verinite yet again came up with fantastic event which ended September month on high note and left all verinitians spell bounding with the level of innovativeness shared during entire event. Massive efforts invested by technology staff as well equally supported by HR/operations and sales/marketing […]

3 WEIRD WAYS THAT YOU COULD GET HACKED SOON!

Let me begin with a story. This is true story. However, I will be changing the names of people and the organization(s) affected, because what I am about to say is wildly embarrassing to any company that has a ‘passable’ Information Security practice. John works at an e-payment company. He handles customer information, payment queries and settlement […]

THE CUSTOMER SUPPORT ROLLERCOASTER – A PERSONAL EXPERIENCE

It was this article which instigated me to write about an interesting experience that demonstrated and proved how right the popular quote is “Customer service is not a department, it’s an attitude!” https://www.linkedin.com/pulse/heroes-uniform-anil-prabhakar?trk=hp-feed-article-title-comment What sets the best companies aside from the rest? The customer support. Everyone provides the same services. All companies know what to […]

THE 3 KINDS OF PEOPLE TO HAVE ON YOUR INFOSEC TEAM

In some companies, Information Security and Risk consists of a large team of hundreds of professionals handling security and compliance risks across many countries. In others, Information Security is one of the many responsibilities of an IT Manager who handles everything from IT management, staffing and Project Implementation. Either way, Information Security is a critical facet of the modern […]

CHALLENGES IN TESTING THE BANKING APPLICATION

Challenges in Testing the Banking Application In a continuous endeavor to leverage technology, improve Cost-to-Income ratio, and enhance the services offered to customers, banks keep upgrading their systems and introduce new customer touch points. Innovative products and solutions are launched to make banking even more safe, secure and convenient for customers. With increase in complexity […]