Latest posts

Non-banking Financial Company : The Indispensable Facts!!!June 14, 2021 - posted by Nitin Sharma

Introduction: A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds, hire-purchase insurance business or chit-fund business but does not include any institution whose principal business includes agriculture, industrial activity or the sale, purchase or construction […]

Keep Reading →

National Common Mobility Card: One for All!!!June 14, 2021 - posted by Abhishek Mhaske

Introduction:  Todays generation is an evidence of revolution which’s taken place under the tag of Digital India. So far, face of the Payment industry is changed drastically and that too within last few years. And a good thing is, uprising phase is still in-process. One of the positive and important outcomes of this is, rise […]

Keep Reading →

The QR Code Evolution/Revolution!!June 14, 2021 - posted by Nitin Sharma

QR Code: A QR code, also known as a Quick Response Code is a 2-D (two dimensional) barcode. A QR code usually contains information pre-programmed by the originator. It could be a URL, text, image or general information. To reveal the information, the user will require a mobile phone software with the ability to scan and […]

Keep Reading →

Digital Lending – A Growing Technology!!June 14, 2021 - posted by Sneha Pimple

Lending is simply the act of giving money on credit to another person called the borrower. The borrower repays the money to the lender with interest over a defined time-period. Lending is a widely understood concept. However, the traditional approach to avail loans is fairly long and complex. Therefore, Banks and financial institutes as part […]

Keep Reading →

Reconciliation is the biggest challenge for Migration Projects!!June 14, 2021 - posted by Sankhadeep Chakraborty

Evolving technology and a highly competitive market are pushing organizations to embrace advanced software systems to run their business and stay relevant against their competitors. Banks and financial institutes are no different to this phenomenon. The existing software & systems used for processing various business functions poses certain limitations as the business requirements evolve over […]

Keep Reading →

Importance of Getting ReCertified from PCIDSS v3.2!!!June 14, 2021 - posted by Kajal Bhapkar

In this 21st Century of globalization, world is coming closer and businesses are growing far beyond the geographies. Banking and financial sector is no exception to this. BFSI domain needs special attention as one must take utmost care in terms of customer data handling and data storage requirements. Every country has a governing bank identified […]

Keep Reading →

Lets be Agile in Testing!!!June 14, 2021 - posted by Sankhadeep Chakraborty

Over the years the demand is growing for the team be operating in Agile fashion and with Agile Testing methods almost at every project location. Project manager wants model or prototype built quickly and testing to be performed in an iterative manner. Obviously, there are advantages of this iterative short cycle testing & the benefits […]

Keep Reading →

Agile Methodology – Using Agile to Build the Bank of the Future!!!June 14, 2021 - posted by Sankhadeep Chakraborty

What is Agile? Agile means the ability to move quickly and easily. In 2001, 17 software developers met to discuss some alternate lightweight development methods which will be able to adapt quickly to the changing requirements of a project. They published a Manifesto (known as Agile Manifesto), which covered how they found “better ways of […]

Keep Reading →

Typical Challenges during Data Migration for Banks and Financial Institutes!!June 14, 2021 - posted by Sankhadeep Chakraborty

“The biggest challenge of any data migration project is by far the data itself!” said the product expert. This statement triggered a series of questions in my mind related to the typical challenges faced by the team during a data migration project. Is it really the ‘Data’ that is an issue? Or is it the […]

Keep Reading →

Visa Claims Resolution (VCR) Part-II!!June 14, 2021 - posted by Nitin Sharma

In the last weeks article, we have shared the overview of Visa Claims Resolution process. The way terminology has changed and resulting in lesser number of groupings. We also coved the flow of chargebacks, how it works. In this article we are going to cover about the Allocation and Collaboration workflows, about the impact of […]

Keep Reading →