Where technology fuels business transformation

Banking is not an exception to the digital revolution. Over the past decade, the banking sector has experienced an immense change in the way it functions. The rapid evolution of modern technologies such as blockchain, cloud, Open APIs and Artificial Intelligence, has completely transformed the banking normals. Among those technologies, Finacle Core Banking Solution has contributed to a great exten...

By incorporating Robotic Process Automation in banking and finance, a wide-range of back-office processes can be automated, resulting in improved operational efficiency. The COVID-19 pandemic has left most of the banks across the globe with no option but to find all possible ways to cut costs and improve their revenue as much as possible. While trying to keep up with the altered customer demand...

Organizations in the Financial Services industry are striving to become the market leaders by focusing on becoming holistically digital and customer-facing enterprises. Especially the Indian FinTech market has been on an upward growth over the last five years. Increased consumer adoption of digital banking services is the pillar of this growth. The fintech adoption rate in the country is 87% which...

COVID-19 is making an adverse impact across the globe. Many countries are facing immense social and economic disruption. In less than no time, everything has changed and daily life will never be the same. The Banking industry has already started struggling with basic operations, workforce and customer engagement. On the other hand, many banks are experimenting with initiatives to tide over the cha...

The tides of banking are changing. Technological advancements transformed user priorities and stressed the importance of customer experience in the banking industry. Customer experience is always a high hanging fruit for the banking industry and it has been the defining competitive differentiator. Every financial institution is trying its best to provide the finest customer experience. But it larg...

“Going digital” is a popular slogan in most of the industries. Banking industry is not an exception in the digital economy. According to a Forrester report, "about 60% of banks around the world are planning or performing a transformation project”. But data migration is not that easy as it looks. It involves records from different sources and in different formats. The prime c...

Global Cyber Security firm Kaspersky exposed a new active malware on the systems of Indian Financial Institutions. It has the capacity to steal confidential information including transaction details. As well as, it can grant access to remotely control the infected devices. Since this malware has the attributes that are correlated with Wannacry Ransomware infections which affected numerous systems ...