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Card-less Cash withdrawal cash transactions: the new prospect of ATMs?June 15, 2021 - posted by Kunal kapoor

Do not worry there’s a good news for you! We all have days where we don’t remember important things like keys or wallets. Recently I had one of those days. I had run out of the house in a rush and, at lunch, I realized I had forgotten my wallet. Sometimes we run out of […]

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Confession of a Program Manager(Part 1)– Inception PhaseJune 15, 2021 - posted by Prasanna Chitale

On a broad level every transformation project goes through the following phases Inception – This phase deals with the selection aspect and the Requirements gathering Elaboration – Elaborating the requirements to second level such that a Design can be put in place and Build to take place to suffice the identified needs. Install & Testing […]

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The Debutants of 2019- A year of new beginnings for VerinitiansJune 15, 2021 - posted by Shruti Warke

When was the last time you did something for the first time? Our Associates have a lot of answers for this question. It is said that you can only grow if you are willing to feel awkward and uncomfortable or even scared when you try something new. Here is a list of new experiences Verinitians […]

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Need of a Dedicated Program Manager to Deliver a Transformation ProjectJune 15, 2021 - posted by Prasanna Chitale

At our bank we have a perfectly working cards management system, no production issues and we are really happy with it! – Sounds melodious but is that true? The reality is, most of the banks are looking for a better solution in order to gather better market share and achieve banking excellence. The systems are […]

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Myths of Contactless Payment Security!June 15, 2021 - posted by Ajay Wadbudhe

For many people, paying with a card is still associated with a “swipe” or a “dip”; however, for the owners of more than 440 million contactless cards accepted in over 9 million locations in 114 countries, they pay with a tap. Contactless cards were introduced to give consumers a safe and simple way to pay […]

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Digital world of Payment Wallets and TokenizationJune 15, 2021 - posted by Amit Kumar

We all have used credit cards and Digital payment wallets. However,     nowadays carrying a credit card or debit card seems to be a burden. The technology is very rapidly moving towards digital payment wallets e.g. Apple Pay, Samsung Pay and Google Pay etc. These wallets provide the liberty of not carrying a physical card […]

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My First Experience of Onsite being a Fresher at Verinite!June 15, 2021 - posted by Kunal kapoor

Onsite!! The word in itself gives you a sudden tingle of excitement, doesn’t it? Starting my career at Verinite was one of the crucial decisions of my life, leaving behind my family and walking into a new city with big dreams in my eyes and today I can proudly feel that it was the right […]

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What needs to be tested during CMS Migration Project? How and Why?June 14, 2021 - posted by Nitin Sharma

Card Management System (CMS) Migration: The Card Management system migration projects is one of the critical projects for any institutions or bank processors; as it involves the data which is extremely critical to banks and data migration is challenging in nature. Data migration is a prominent data-movement technique that is usually combined with other techniques. […]

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Instant Merchant Payments in India – What can other emerging countries learn from it?June 14, 2021 - posted by Abhishek Mhaske

UPI: Solution to Instant Merchant Payment and lot more! Borrowing, lending, credit periods, debts are usual terms in any business environment. One factor remains constant here is ‘delay’ in payments. These flexibilities make merchants happy only when there is a prospect for making or increasing business profits. Otherwise, any delay in payment may lead to […]

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Intangible Potential of Employee Engagement !!June 14, 2021 - posted by Shruti Warke

To win the Market place, you must first win the workplace. The one who has penned this thought has understood the value of employee engagement. An engaged workforce will help the organization achieve great heights. What is this concept of employee engagement? According to Wikipedia, Employee engagement is a fundamental concept in the effort to understand […]

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