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3D Strategy Digitization, Diversification & Data Science

Reported by | Updated: July 3, 2020

5paisa.com has a triple engine strategy to boost its velocity, and the results are showing: 5paisa.com is India’s leading diversified online platform for financial products, including equity, debt, gold etc. It is also one of the largest discount brokers in India. Technology is crucial for the firm and at every level it leverages technology to […]

CRGB expands digital footprint

Reported by | Updated: June 28, 2020

Plans to strengthen areas like audit, loan processing and asset management: Chhattisgarh Rajya Gramin Bank serves the entire state with its 613 branches, which is the largest bank network in the state. Sponsored by the State Bank of India, the bank came into being in 2006 with the amalgamation of erstwhile Bilaspur-Raipur Kshetriya Gramin Bank, […]

Lenders & borrowers in hopeful anticipation

Reported by | Updated: June 26, 2020

Lenders explain the current scenario and the new outlook Covid has changed the ways of the world and education is one sector that is adversely impacted by the outbreak of the pandemic and the ensuing pandemonium. It is still uncertain whether traditional models are changing for ever or it is just a temporary phase. Online […]

Hybrid cloud bridges customer expectations and regulatory compliances

Reported by | Updated: June 12, 2020

  Technology experts spell out numerous technology opportunities to transform the BFSI sector, and zero in on the crucial. Banking and financial services are being disrupted with new business models and rapidly changing customer expectations driving the behavior. A McKinsey research shows that shows that the top business transformations of the past decade has correlated […]

How to Hedge your Portfolio in the Current Corona Crisis

Reported by | Updated: June 8, 2020

The markets have seen several crises including the most recent, global financial crisis back in 2008, the Asian financial crisis, dot-com burst, 9/11, the Harshad Mehta scam. However, this time seems much different and spine-tingling, as compared to what we have witnessed in the past. The pace of the fall has been breakneck at 3X […]

IVRS, website & app help ManipalCigna customers

Reported by | Updated: May 26, 2020

Insurer launches videos inspired by real life customer stories to encourage people to gain a greater sense of control over their physical and financial health: In the aftermath of the COVID-19 outbreak, ManipalCigna Health Insurance has set as its first priority protection of the health and well-being of its employees, customers, partners and communities. The […]

WhatsApp Banking – The new- age banking in trend!

Reported by | Updated: May 20, 2020

By Rajeev Yadav, MD & CEO, Fincare Small Finance Bank Adoption of digital-first as a way of life in banking is now the official mantra of every banking institution across the world. It is the only shift that will bring in rewards, both in forms of customers and profits, in the new world order. It […]

Auditors adopt new technologies to conquer new challenges

Reported by | Updated: May 11, 2020

Today, with banks facing increasing number of frauds, internal audit function has gained criticality. Also, the scope and coverage of internal audit has increased. Many banking experts are of the view that if there had been strong internal audits, the two incidents of Punjab and Maharashtra Cooperative Bank and Yes Bank virtually reaching a collapse […]

Maximizing Experience with Efficiency & Minimal Risk in a World of Open APIs

Reported by | Updated: May 6, 2020

Banking technology experts share their perspectives on adoption and implementation of the API technology, risks and future scope at Finnoviti 2020. Edited excerpts: Sunita Handa, CGM, IT Channels & Ops, State Bank of India: Earlier, our customers used to visit bank branches, where the cost of transaction is very high; even when customers visit bank […]

Why banks should fortify their core foundation

Reported by | Updated: May 5, 2020

With the spread of COVID-19, governments have mandated lockdowns and social distancing, thereby creating a paradigm shift in the working environment of banks, from a traditional office space towards an agile, responsive and dynamic mode of operating. Banking services are essential services that need to be operational despite the given times. While banks have continued […]

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