Why Banking Professionals Need To Use Service Design Thinking To Win Customers?

Reported by | Updated: May 6, 2017

As bankers and board members, you realize that you are getting disrupted by the digital tsunami, rising customer expectations, Modi government’s drive for a cashless economy; competition from emerging fintechs and payment banks. You realize you can no longer play a wait-and-watch game, and need to do something quickly as the risks associated with being […]

Reducing banks’ security risk – a safe and secure ATM network

Reported by | Updated: April 28, 2017

The responsibility of protecting a financial institution from security threats is no small task. With the ever-evolving digital threat landscape and the persistent risk of physical breaches, security teams are required to constantly face new challenges. For banks, the security of their banking assets is further extended by the associated ATM fleets that include hundreds […]

Seizing new opportunities in global payments

Reported by | Updated: March 24, 2017

The cross-border payments space is undergoing a rapid transformation, as it adapts to accommodate greater regulatory complexity, diminishing margins, increasing competition, expanding business and trade flows and the ever-changing geopolitical landscape. The current reality is forcing the so-called ‘incumbents’ – the traditional, long-established providers – to scrutinize and adapt their business models in order to […]

UPI – ushering in the economy of the future?

Reported by | Updated: February 28, 2017

The demonetization of certain denominations of Indian currency has caused a major revolution in the economy, bringing in a kind of disruption that the Indian payments industry has never seen before! For a country that lived on and hoarded cash, cashless transactions and ecosystems have become the order of the day, signifying a gradual but […]

Mutual Funds – a better alternative to bank deposits

Reported by | Updated: January 24, 2017

Growing up with the previous generation always has its pluses and minuses and while the positives well outweigh the negatives, the one negative (which actually at first glance sounds like a positive) is the advice that banks are the best place to park your money and help grow it with interest. In fact, to this […]

Shadow banking is a necessity

Reported by | Updated: November 28, 2016

While banks are not able to fulfil the needs of the economy in entirety, shadow banking (essentially constituting NBFCs) has to step in. Shadow banking has an important role, asserts Vijayanand Prabhu, investment analyst at Geojit BNP Paribas: Mohan: Can you explain the pros and cons of shadow banking? How prevalent is the system in […]

Enabling AML and FATCA compliance with a holistic solution

Reported by | Updated: November 21, 2016

Financial Crimes are growing in frequency and complexity. New advances in technology provide malicious insiders and organized criminals more opportunity to commit crime. Additional regulatory guidelines, frequent internal scrutiny (audits) and increased complexity are all pushing financial institutions to continuously adapt their compliance programs. Today, financial Institutions are striving to offer an omni-channel experience to […]

React Now – to diminish the risks associated with enterprise frauds

Reported by | Updated: October 25, 2016

Staying ahead of global fraud is a daunting task. As the marketplace for electronic payments is becoming bigger with the advent of new generation companies and start-ups, the risk of fraud or cyber-crime on e-commerce sites, internet banking, mobile wallets, payment gateways etc. is getting even larger. Access to the internet has almost become universal; […]

Smart-lock your card when not in use with FIS SecurLOCK

Reported by | Updated: October 25, 2016

Your  personal  assets  such  as  car, phone, house and even valuables are locked when not in use. What about your credit or debit card? Wouldn’t it have been wonderful if there was a feature to lock the cards access when not required? This extra  layer  of  security  puts  an  additional shield to the CHIP and […]

Solving the cross-border B2B payments conundrum

Reported by | Updated: October 21, 2016

Lakhs of small businesses and entrepreneurs are turning to platforms that can help them manage payments received from international clients With increased globalization, more Indian businesses and entrepreneurs are reaching out to global markets for business. A whitepaper titled ‘Unveiling the true cost of cross-border B2B Payments’ from Let’s Talk Payments says: Cross-border payments have […]

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