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A Primer on Non-Fungible Tokens – Everything you Need to Know! • August 22, 2021 - posted by Prasanna Chitale
Imagine a plot of land in a prime locality being offered for sale on the real estate market. The estate has everything that a land buyer could wish for – great area, perfect squares of land plots, good road connectivity, and promising future potential. Let us take another example of a fine art collection being […]
Verinite Hackathon 2021- An Event full of Innovation & Learning • August 22, 2021 - posted by Ajay Wadbudhe
We recently concluded our Verinite Hackathon 2021. The theme for this one was Cards, Payments, and Lending. The Hackathon saw participation from six teams where they solved some extremely complex challenges and presented amazing innovations. The winners were selected after a detailed round of presentations to the judges. Congratulations to the winners and the participants. […]
Is Open Banking the Future? Why Is It Significant, What Drives It Forward and Who Is Not Comfortable in Adopting It? • August 22, 2021 - posted by Debasis Mohanty
Banks and financial institutions have long been the custodian of people’s money and the torchbearer for any service that would enable the management of money. Not everyone was pleased with the unending list of verifications, validations, manual and automated accounting processes, audits, and regulatory compliance mechanisms that banks followed. But even if it meant a […]
How the Pandemic Has Forged Collaboration Between Financial Institutions and Fintech Sector • August 21, 2021 - posted by Ashish Katkar
Ever since the beginning of the global COVID-19 pandemic, banks, and financial institutions have borne the brunt of the ensuing economic disruption. The “traditional” banking model is facing unprecedented challenges and risks, including a few crucial ones like: As we return to a post-pandemic normal, a stronger banking sector will be needed to stage an […]
CS I and M BANK Migration onto Way4 • August 18, 2021 - posted by Sankhadeep Chakraborty
Client I&M Bank, the second largest commercial private sector bankin Kenya, licensed by Central Bank of Kenya, headquarters inNairobi Kenya. The bank has 42 branches within Kenya andinRwanda, Nigeria and Tanzania, Mauritius through itssubsidiaries. Project I&M bank was planning to completely overhaul their issuingand acquiring systems by way of migration to a newer system.It included […]
Verinite Success story IDFC Bank • August 18, 2021 - posted by Sankhadeep Chakraborty
Project IDFC First Bank was planning a Greenfield Launch of their credit cards in India. Bankwas planning to implement TSYS PRIME4 as their credit card issuing platform. Themain objective was to test and ensure that the base functionality and requestedenhancement of credit cards functionality were working properly to their businessneeds. It was critical to meet […]
Verinite Success Story KMBL Card platform migration • August 18, 2021 - posted by Sankhadeep Chakraborty
Project Client
KMBL FirstVision Platform Migration • June 28, 2021 - posted by Sankhadeep Chakraborty
Kotak Mahindra Bank FirstVision Platform Migration Client Kotak Mahindra Bank Limited (KMBL) is an Indian private sector bank. They offer banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. As of February 2021, it is the third largest Indian private sector […]
IDFC_Credit Card Launch on PRIME4 – Testing • June 28, 2021 - posted by Sankhadeep Chakraborty
Client IDFC FIRST Bank was founded by the merger of IDFC Bank and Capital First in December 2018. The Bank provides a range of financial solutions to individuals, small businesses and corporates. IDFC FIRST Bank has a nationwide presence and operates in the Retail Banking, Wholesale Banking and other banking segments. Project IDFC First Bank […]
IDFC First Bank SFDC Testing • June 28, 2021 - posted by Sankhadeep Chakraborty
ABOUT CLIENT IDFC FIRST Bank was founded by the merger of IDFC Bank and Capital First in December 2018. The Bank provides a range of financial solutions to individuals, small businesses and corporates. IDFC FIRST Bank has a nationwide presence and operates in the Retail Banking, Wholesale Banking and other banking segments. ABOUT PROJECT IDFC […]