Driven by evolving habits of customers,the payments industry is growing rapidly. Here are 7 key trends that are redefining the future of payments.
The introduction of AI in banking has expanded the range of financial services available to investors. Here’s how AI is impacting banking & finance.
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. […]
ASBA is an acronym for Application Supported by Blocked Amount. It is an application that authorizes to block the application money in the investor bank account. The money is debited upon allotment of shares through IPO. ASBA Forms are available at all Self certified Syndicate Banks (SCSB). Investor fills in details like name of the […]
Application supported by blocked amounts or as it is popularly known, ASBA is one among the game changers in Indian Financial history. In the early 1990’s, Indians increasingly became more visible in the stock markets after the liberalization. But applying for an IPO was a very intimidating process. Investors paid a fixed amount through cheques […]
The recent presentation by Sundar Pichai about Google Duplex made the world stand up and take notice. It marked the arrival of robo-assistants that understood the nuances of human conversation. The interaction mimicked the intonation and rhythm of a conversation. The presentation saw Google Duplex successfully making a restaurant reservation without even the business owner […]
For the uninitiated, AI platforms are gaining more visibility and traction in investment management and financial advisories. Machine learning technique through neural networks are increasingly used to create intelligent platforms. These networks made of millions of artificial neurons can continually learn about relationships and actions that are required to complete tasks. Continually learning weakens unwanted […]
Hi We are half way in to 2018 and Evolvus is already re-inventing the payment modernization landscape. With future ready products we are continually moving ahead of the disruption curve. Innovate and disrupt – that’s been our core vision and this is deeply entrenched in our DNA. This year continues to bring in new […]
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 […]
Financial institutions across the board are facing unprecedented challenges in terms of digital economies, customer demands and regulatory and compliance changes. Banks and financial institutions are moving ahead with digital solutions to keep ahead of the disruption curve. But the World Payments Report, 2017 warn that banking organizations are not uniformly successful in implementing digital […]