What can be done to prevent another PNB scam? A comprehensive financial crime detection system.

Last February, Punjab National Bank (PNB) was defrauded of INR 114 Billion and the financial repercussions are still felt in the banking sector. The alleged scamsters were aided by junior employees of the bank’s Brady house branch. The modus operandi was to issue Letter of Undertaking through the SWIFT terminals without any margin money or […]

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Happy Women’s Day

A very happy Women’s Day to all Ennovators out there. 2018 has been an exciting year for Evolvus in terms of customer acquisition, technology, market expansion and product development. But the best news comes from the diversity front. Evolvus has seen a significant uptick in women representation across all teams. Some teams like Flux Corporate […]

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Ahli Bank of Kuwait Data Migration –  Exciting Frontiers, Overcoming Challenges, Ensuring Success

Ahli Bank of Kuwait  (ABK) is one of the leading banks in the Middle East with a large customer base. The increasing demand for mobility and platform agnostic digital services needed a highly flexible, robust and agile core banking system. The move towards digitization was constrained by the presence of multiple legacy systems which dispersed […]

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Specialized “Reporting Framework” for IBK to facilitate faster migration to Finacle

Migration to Finacle

The Industrial Bank of Kuwait delivers specialized services to support industries and corporates in Kuwait. It provides long term and medium term financing for establishment, expansion and modernization of industrial units in the country. The bank decided to move to the new Finacle Core Banking System to enable delivery of digital services All banking institutions […]

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Balaji Jagannathan spoke at the 6th CII Tamil Nadu Finance Conclave

Balaji Jagannathan spoke at the CII sponsored, Tamil Nadu Finance Conclave about risk mitigation in digital payment processing. His address elucidated the future trends and challenges in a digitized payment landscape. TN Finance Conclave is an annual flagship event of CII Tamil Nadu that has the participation of Heads of Finance from various organizations across Tamil Nadu. […]

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