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Banks are confronted with newer challenges every time the previous ones are overcome. Some of the major challenges faced by banks today are, heightened regulatory scrutiny, changing customer behaviour, cyber-crimes and cultural changes. One challenge that has been there, right from when the world economy slowed down in 2008, is the challenge of reduced liquidity. […]

One question that several people have asked me over the years is this “Which is the most secure development platform/programming language in the world?” It is an honest question. It is quite pertinent, given the state of application security across the globe. However, it is akin to asking the question “Which language allows me to […]

Now-a-days long queues at Bank’s Branch for Cash withdrawal are a rare sight. But not very long ago, before arrival of ATMs, it was the only way of getting cash out from Bank accounts. Well from then to now, Automated Teller Machines (ATMs) have definitely changed our ways of cash withdrawal. But we are not […]

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 […]

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 information. […]

I have been leading Verinite Labs for 6 months now where the mandate has been to develop our own IP by building technology solutions for some of the problems faced by the financial institutions. Being from services background, these 6 months have given me an interesting perspective about lot of things and one of them […]

The service industry has been growing leaps and bounds in the last decade and is continuing to do so, steadily, the product industry too has been trying to steadily catch up. We have more and more business organizations coming up offering better products and better services and catering to larger customer base. The product industry […]

Right now, cyberspace has exploded with info, tweets, opinions and general discussion around the the Ashley Madison breach. For those who don’t know, AshleyMadison is the world’s largest “affair portal” where consenting adults can reach out (literally and figuratively) to others on the interwebs to have a casual fling. The tagline of their website is […]

I started my career with Kanbay as COBOL developer writing codes for the customization or support requests from business for their credit card system (VisionPLUS). This allowed me to learn and grasp nuances of the credit cards business. Then in year 2011, when we started with Verinite, it was always our vision that we would […]

Technology-wise, we have grown tremendously in the recent years. Today’s generation doesn’t even know what a floppy disk is! Talk to them about cassettes and they will look at you like you are mad. Who can blame them? Disks and cassettes are old technologies. No one even misses them anymore! Are we going to talk […]