Banking CIO Priorities For 2021 • June 15, 2021 - posted by Prasanna Chitale
Last year was a trying period for the banking sector. As the pandemic spread rapidly, banks had to restrict their operations to essential services. All other non-essential functions continued online. For a long time, banks were cautious and slow in adopting digital transformation. It resulted in the emergence of fintech, which promised to be faster […]
What Is Banking-as-a-Service? (And What it is Not) • June 15, 2021 - posted by Sankhadeep Chakraborty
The banking sector has undergone a major transformation in the last few years. It has become more digitized and customer friendly. It has been developing new products and building new partnerships with fintech and other non-financial companies to create an extraordinary experience for the customers. This has given rise to a new model called Banking-as-a-Service […]
What 2020 Taught Me as an Entrepreneur? • June 15, 2021 - posted by Ashish Katkar
While entrepreneurship is not something for the faint-hearted, I am sure all will agree that 2020 has been a year that humbled everyone, across the board. The year full of hard lessons compelled us to re-evaluate our priorities, re-calibrate how we define business priorities, and restructure how work is done. It forced us to look […]
Top Trends to Watch for in Retail Banking in 2021 • June 15, 2021 - posted by Prasanna Chitale
As 2020 draws to a close, the world is finally learning to put aside the massive disruption caused by COVID-19 on the lives of people in nearly every country on the planet. As vaccines start to roll out and the world slowly limps back to the good old days of free mobility, there have been […]
Why Banks Must Consider Independent Reviews of their Licensing and Processing Contracts • June 15, 2021 - posted by Ashish Katkar
The wave of digital technologies has completely changed the banking and financial services sector. Be it mobile banking or digital payments, or back-end processes and systems, technology advancements are helping banks address the dynamic market conditions, rapidly evolving customer demands, and battle increasing competition by enabling competitive differentiation. Making these technology investments for banks also […]
Banking Reimagined: Digital 2021 Post The COVID-19 Pandemic • June 15, 2021 - posted by Debasis Mohanty
The healthcare emergency worldwide due to the COVID-19 pandemic has created disruptive effects across almost every business sector globally. From finding new modes of working remotely to creating new revenue streams and digital business channels, there has been a massive shakeup of the way normal was defined in the business world. The banking sector did […]
RPA Process Discovery – The Most Important Step to Realizing Automations Impact • June 15, 2021 - posted by Sankhadeep Chakraborty
Robotic Process Automation (RPA) has caught the attention of many industries, including banking and other financial institutions. The benefits of RPA are relatively well-known. With RPA, banks can automate manual processes so they can get the tasks completed quickly with more accuracy and free the human workforce to take up the tasks that require human […]
Why Banks Must Engage Experts to Choose Their CMS/Switch Systems? • June 15, 2021 - posted by Ashish Katkar
The cards market is going through an unprecedented period of change. It is driven by new technologies, new services, and changing customer expectations. These changes are being felt throughout the cards’ value chain, and it is having a profound impact on the infrastructure underpinning the cards space. This includes issuing, processing and acquiring. Unlike mobile […]
Why Small Is Beautiful and Right? • June 15, 2021 - posted by Sankhadeep Chakraborty
Almost a decade back, Mark Andreessen famously wrote: “software is eating the world”. While we assumed that by now, perhaps software would be done eating the world but it continues in on this journey. Almost every company today is a software company. No matter what the business, organizations have to reimagine themselves as software companies […]
What Makes the Buy Now, Pay Later Trend So Popular ? • June 15, 2021 - posted by Prasanna Chitale
The Growing Popularity of the Buy Now, Pay Later Trend As more and more Indian consumers choose digital channels as their preferred choice for making small and big purchases, the unswerving rise in digital commerce has organizations scouting for new and novel ways to improve customer experience. Although the last few years have witnessed tremendous […]