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Project Pipeline

CBI looking for OR management solution

Dena Bank looking for managed ATM services

PNB wants tabs for remote a/c opening

Indian Bank plans mobile banking

BoB wants ATM monitoring solution

BoM to implement HRMS

Punjab and Sind Bank to have risk management system

Punjab & Sind Bank for digital signature

SBI plans new loyalty program

BoB looking for statistical solution

OBC to have RM system

New data center for Andhra Bank

Andhra Bank to set up call center

Syndicate Bank to outsource card operations

Union Bank implementing new treasury system

Dena Bank needs DMS

Bank of Baroda to set up pension payment system

CBI looking for merchant banker

UBI to implement 2FA

LIC to modernize website

Canara Bank for merchant acquiring biz

NPCI looking for APT solution

BoB to set up near site for RRBs

BoM to outsource contact center

OBS to procure NMS

BoI to have integrated HR framework

P&SB to set up RM system

Andhra Bank for ATM managed services

SBI to have alternate connectivity

Syndicate Bank to set up SOC

IS audit planned by Andhra Bank

PNB to get ADF reporting system

IDBI Bank plans to have e-TF solution

BoM looks for mobile banking solution

SBI needs on-site support services

BoB plans web-based audit

SBI looks for analytics consultant

SBI to deploy mobile POS terminals

UCO Bank for enhanced security for online transactions

SBI to have EWS software

OBC to implement EFT switch

BoM to implement EDW

Loan processing system at PNB

Corp Bank wants tech consultant

RBI pans IS/IT audit

IT SOC for PSU banks

System to identify stressed assets

Punjab & Sind Bank to implement RM system

BoM to enhance security set-up

Corporation Bank seeks consultant

CBI to set up authentication solution for CBS

CBI to implement risk management system

PRNewswire




Editors Blog

Narrowcasting

In these times of Big Data and analytics, industries like hotel and retail are gaining capability to look at individual customers and distinguish whether they are their customers or not. For example, there are enterprises like the Hilton hotel chain, which can specifically make out whether a customer is a Hampton Inn customer or a Waldorf Astoria customer and target each on the basis of their likes and dislikes. This may not be a big deal

The slow journey of the mobile wallets

There is a perception in some parts of the developed world, especially in the United States, that mobile wallets have not taken off in the desired manner. For that matter, the system is more widely used in countries like Japan and South Korea. One of the reasons quoted for this ‘under utilization’ is the fact that there is lack of corresponding payment system in the stores when people would look to make use of their mobile wallets.

Preaching the mantra of technology

Somesh Chandra, Director - Customer Service, Operations, Technology and Chief Quality Officer (CQO) at Max Bupa preaches that it is technology first to serve customers better in a conversation with Banking Frontiers.

The fall of the crypto currency

Protagonists of crypto currencies had a bad experience recently. Their euphoria went for a toss when the market price of bitcoins crashed to sub-$600 level from a high of $1100 as a result of several bitcoin exchanges either going bankrupt or supsending operations because of extraneous reasons. A firm in Tokyo dealing with the virtual currency lost some 650,000 bitcoins after hackers found their way into the system.

A left brained budget

Arun Jaitley's maiden budget is clearly a left brained budget. The left part of the brain is the one that works in a logical fashion by digesting a lot of information, applying known rules of knowledge, and producing decisions. In the short span of time, Jaitley's brain had to digest a huge amount of information and knowledge.