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From a Core Banking solution (CBS) with modules for different business lines comprising of deposits, lending, payments, trade which was integrated in the late 1990s through 2000s, focus has shifted to...
When Core Banking solution (CBS) was designed in the late1990’s, it was engineered to connect to the different branches of the bank using a central database and ensure proper accounting to generate th...
The need for digitization has increased during the pandemic- change in existing process, adoption of new systems and process, new businesses, and the applicability in diverse industries. This has been...
Traditionally, software products were programmed with business logic using multiple programming languages. There was an underlying business which was converted into logic using different software prog...
The concept of Invisible Banking has been gaining traction and popularity with many of the industry veterans and Bankers using the same word alike- in retail or corporate banking space. With more and ...
Chat bots or chat engine are an efficient way of communicating with the end consumer. Towards the last few years, chat bots or chat engine has become popular with many B2C establishments – ecommerce s...
While Covid19 has created ruckus within the human society across religions/races/geographies/countries/continents, this can change the business models, working cultures and journeys of digital transfo...
For implementing digital in any Bank/Financial Industry/organization, there has to be shift in the organization culture. Leaders in every department have to move out of the comfortable glass door and ...
Introduction User journey and customer journey are the buzzwords in the IT industry, given the need for redesigning applications for a better user/customer experience. When it comes to selecting or pr...
Banking – The conventional way In traditional banking, bank accounts are opened by the end customers/consumers to conduct critical and common banking transactions – payments and transfers, loan disbu...
The nationalization of Banks in 1969 paved the way for growth of banking business in the country with improvement in economy. Banking was perceived as a lucrative white collar job with security and re...
Corporate Loans occupy significant size in the asset portfolio of large Banks. Most of the Banks have a well-defined corporate credit department comprising of relationship managers, credit appraisal o...