The Finternet Revolution: Redefining the Future of Global Finance Athil Gafoor2024-08-30T16:18:54+05:30The financial realm stands at the brink of a shift promising to alter how we handle money, carry out transactions, and oversee affairs. This transformation is encapsulated in the concept of “Finternet” – an innovative global financial ecosystem grounded in technologies like Blockchain, Decentralized Identity, and Smart Contracts. What [...] FacebookTwitterLinkedInEmail August 29, 2024 Read more...
Embracing T+1 Clearing and Settlement in the U.S. Financial Markets: A New Era for Financial Markets Singla Yogesh, VVN Sai Kumar Katakam2024-07-11T18:27:27+05:30The Acceleration of Trade Settlement Periods: The efficiency and speed of trade settlements are critical to maintaining stability and trust in today’s fast-paced world of financial markets. The settlement periods for trade are becoming increasingly shorter due to continuous technological advancements. On May 28, 2024, this evolution took a significant [...] FacebookTwitterLinkedInEmail July 11, 2024 Read more...
Revolutionizing Wealth Management: Legacy Modernization and Streamlining Application Portfolio for Next-Gen Efficiency Singla Yogesh2024-07-10T18:18:06+05:30In the ever-evolving landscape of wealth management, technology plays a pivotal role in determining the efficiency and effectiveness of operations. Wealth management firms, facing constant pressure to innovate and optimize, must continually evaluate their technological and business process landscapes for cost, time, and functionality efficiencies. This blog delves into [...] FacebookTwitterLinkedInEmail July 10, 2024 Read more...
Revolutionizing Finance: Harnessing the Potential of Generative AI for Growth and Security Cigniti Technologies2024-06-13T14:18:48+05:30Gartner predicts that generative AI will be a workforce partner for 90% of companies globally by 2025. However, Alexander Bant, Gartner Finance’s chief of research, expressed a contrasting view at the Gartner CFO & Finance Executive Conference in Sydney in February 2024. He noted, “The large majority of CFOs continue [...] FacebookTwitterLinkedInEmail June 12, 2024 Read more...
Basel 3.1: Strengthening Global Financial Framework VVN Sai Kumar Katakam, Singla Yogesh2024-04-18T19:22:06+05:30The financial crisis of 2008 exposed vulnerabilities in the global banking system. In response, the Basel Committee on Banking Supervision (BCBS) introduced the Basel III reforms, a set of regulations designed to strengthen banks’ capital adequacy and risk management practices. Basel 3.1, the latest iteration of these reforms, is [...] FacebookTwitterLinkedInEmail April 18, 2024 Read more...
Ensuring Resilience in the Fintech Eco-system by Introducing Chaos Engineering Ravi Bhushan Konduru, Anil Bahirat2023-10-19T19:31:54+05:30Over the past few decades, consumers increasingly accepted digital tools as they helped save time, manage funds securely, and track and control their finances efficiently, leading to the growth of Fintech companies. According to some reports, the Fintech Industry is projected to become $1.5 Trillion by 2030. NA has the [...] FacebookTwitterLinkedInEmail October 19, 2023 Read more...
5 Untapped Potential Areas of Open Banking Vishnu Vardhan Vankayala2023-04-17T18:15:31+05:30Once upon a time, in a world of traditional banking, a young entrepreneur named Richa had an innovative idea for a new financial service offering. However, she realized that her idea was only possible if she could access financial data from various banks in real time. Frustrated by the [...] FacebookTwitterLinkedInEmail April 17, 2023 Read more...
Top Digital Payment Trends to Watch Out For in 2023 Payel Ghosh2023-02-02T18:40:56+05:30In 2022, we already saw the emergence of payment SaaS, the adoption of Blockchain Technology, and the evolution of Central Bank Digital Currency. We also saw new payment modes like Buy Now Pay Later, Biometric Authentication, and Biometric Payments and an increase in the use of AI and ML [...] FacebookTwitterLinkedInEmail February 2, 2023 Read more...
11 Benefits of Embedded Finance and How it Transforms the Fintech Harikrishna Vulli2023-09-20T18:27:42+05:30Have you ever thought about how you can make payments for a movie without standing in line or pay utility bills without stepping out of your home via Paytm or Google Pay? Yes, you can name many applications that make instant payments happen. But how is this happening? How [...] FacebookTwitterLinkedInEmail December 12, 2022 Read more...
6 Factors to Consider While Implementing a Buy Now, Pay Later (BNPL) Program Payel Ghosh2024-07-30T15:18:15+05:30What Is BNPL? Buy now, pay later (BNPL) is a type of short-term financing provided to consumers to purchase instantly and pay later. The process involves multiple players, such as consumers, financiers, and merchants. The financier performs a soft credit check on the customer and returns a decision within seconds. Financiers pay merchants [...] FacebookTwitterLinkedInEmail November 14, 2022 Read more...