Let’s look at 5 benefits of real-time payments.
Top 5 Payments Trends for 2019
Let’s find out how new technologies and increased collaboration among FinTech companies will impact the payments industry in 2019.
7 Trends that are Redefining the Future of Payments
Driven by evolving habits of customers,the payments industry is growing rapidly. Here are 7 key trends that are redefining the future of payments.
Understanding UPI and its Impact on Payments in India
The demonetization drive of November 2016 had a profound impact on the people of both rural and urban India, significantly changing the way in which they transacted money. While the adoption of e-wallets and other digital payment methods were low before demonetization, the months after saw a sharp surge in the popularity of digital finance. […]
4 core features that a user friendly banking solution can’t do without
The success of a banking digital journey is an accepted truism. A user friendly banking solution underpins the successful digital transformation. A Boston Consulting Group study found that digitalization has resulted in 20% increase in revenues and 30% decrease in expenditures. A holistic digital transformation is said to have resulted in 12% reduction in cost-to-income […]
Today’s perspective about tomorrow’s banks.
Technology has completely disrupted the banking industry with digitization becoming a strategic focus. banking in 2018 will undergo a radical change. It is indeed a far cry from those physical registers and human tellers manually counting your money. Now cash is almost invisible with plastic and cryptocurrencies enabling real time transactions across borders. Let us […]
Specialized “Reporting Framework” for IBK to facilitate faster 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 […]
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. […]
Real time payments – To go or not to go?
The Clearing House, recently launched Real Time Payments in the USA. The banking community has been bullish about the new development. Last month, US Bank Corp and BNY Mellon performed a limited demonstration of RTP capability by transferring money across accounts within a matter of a second. PNC Bank has just announced the launch of […]
How banks prepare for PSD2 Open Banking challenges?
2018 will be a milestone year for the EU banking landscape. Banks and Fintech companies are undertaking massive innovative investments to ride the new disruption change. In this blog I would like to share my vision about preparations that will enable bank to ride the PSD2 wave. PSD2 Open Banking means that third party PSPs […]