01 September 2014

vijaysmusings

Vijay Sankar C.GTata Consultancy Services - London

Emerging Trends in Commercial Banking-Part1

19 August 2013  |  3529 views  |  0  |  Recommends 0

Emerging trends-Impact on banks & what they are doing Currently, the main focus across banks is on innovative use of technology and in the below three streams: 1. Products, services and markets – Develop new products and services, target new markets and audiences. Examples-1.Whitelabelling & In sourcing by the big banks 2. Supplier F...

TagsWholesale bankingTransaction bankingGroupTransaction Banking
Vijay Sankar C.GTata Consultancy Services - London

New Incoterms 2010

23 November 2010  |  3592 views  |  0  |  Recommends 0

The New Incoterms 2010 from ICC will come into effect on 1st Jan 2011.2new terms DAP & DAT are being introduced and DES,DEQ,DDU & DAS are being decommisioned from the earlier version of Incoterms 2000.

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Vijay Sankar C.GTata Consultancy Services - London

SWIFT Changes for 2009-MT202COV

19 May 2009  |  9572 views  |  0  |  Recommends 0

Currently the messages MT103 / 103+ are used to effect a customer credit transfer and the MT 202 is used for a financial institution transfer. In order to speed up the payment process for custom...

TagsPaymentsWholesale bankingGroupSWIFT Matters
Vijay Sankar C.GTata Consultancy Services - London

Mob Psycology..........

10 November 2008  |  3331 views  |  1  |  Recommends 0

It's interesting to note that people queue up outside faulty ATMs that dispense twice the amount of cash. Technology has its limitations and it's bound to go wrong at times, just like its creator. Hom...

TagsPaymentsRetail bankingGroupOnline Banking
Vijay Sankar C.GTata Consultancy Services - London

Bye Bye Cheque Truncation..

28 October 2008  |  5258 views  |  2  |  Recommends 2

It is interesting to note that after a little more than a decade, Canada has decided to stop investing and creating technologies and market infrastructure for cheque imaging to make the paper clearing...

TagsPaymentsWholesale bankingGroupFuturistic Banking
Vijay Sankar C.GTata Consultancy Services - London

Nobody is spared by the phisers, not even the president

20 October 2008  |  3824 views  |  0  |  Recommends 0

Its amazing hos phisers manage to crack into On-line banking sites, obtain user authentication details and siphon money. Multi-factor authentication, bio-metric identification and enhanced security wi...

TagsOnline bankingPaymentsGroupOnline Banking
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