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The Reserve Bank of India (RBI) has a new policy which will let foreign lenders set up branches in India. This represents an unprecedented opening up of the Indian banking industry, which will bring m...
The nexus of forces (Gartner) is dawning on the retail banking sector and 2014 is going to see a steady acceptance of these drivers in various forms. This blog elaborates on these forces and makes p
Brazil Nota Fiscal version 3.1– (Part 3 of 6) On-premise solutions force you to monitor, design and implement all Nota Fiscal issues. Managed Services offer economies of scale that can reduce annual ...
The Prudential Regulation Authority (PRA) has announced key decisions on capital standards ahead of the introduction of a new European capital regime (CRD IV) next year. These decisions aim to enhanc...
As we bid farewell to 2013, it seems as though the rollercoaster ride of economic turbulence and regulatory reform of the last five years is finally coming to an end. The economy is rebounding, the de...
In December a spat between the German finance minister, Wolfgang Schaeuble, and Deutsche Bank co-chief executive, Juergen Fitschen, cast doubt upon the seriousness with which some banking executives c...
A thief got a hold of woman’s debit card information and raided her bank account. This true story is described in a recent St. Louis Post-Dispatch article. Thieves can wire money over the Internet a...
Money, as they say, does not grow on trees. Balance sheets must balance, and capital requirements must be met. Next year will see the implementation of the new European capital regime - the Capital Re...
A prominent Indian banker recently remarked, in a lighter vein, that in the current state of the economy, assets are in fact liabilities in the balance sheets of banks; and liabilities, assets. Low-co...
In an earlier post I discussed the topic of NoSQL - what it is, what it isn't, and what are some of the misconceptions surrounding it. I'd like to now turn to the topic of what NoSQL is good for - the...
It’s easy for millions of passwords to be stolen via hacking into Facebook, Twitter and Gmail accounts: It recently happened because malware was unknowingly downloaded into computers worldwide that ex...
Centralized Payment Exception Management – Why do banks need to care? Banking industry is witnessing a heightened search for efficiency in payments work stream. Payment strategists have carefully anal...