BFSI

Artificial intelligence is the new oil: Rajeeb Hazra

AI is the transformer that takes data and generates insights at a rate and depth that wasn’t possible before, says Rajeeb Hazra, Corporate VP, Data Center Group, Intel Corporation.

Former Wipro CISO Sunil Varkey joins Symantec as CTO - Emerging Regions

Veteran cybersecurity leader Sunil Varkey has been appointed as the CTO and Security Strategist - Emerging Regions at Symantec.

HDFC Bank restores older mobile banking app after a buggy week

A week after the new version of HDFC Bank's mobile banking app failed to work for Android and iOS, it's back to the older version.  

Nilesh Mhatre joins Bank of America India as CIO

Former Chief Information Officer (CIO) at HSBC India, Nilesh Mhatre has joined Bank of America India as CIO. 

BFSI 2020: Cashless economy to be driven by AI and human intelligence

BFSI sector in India has taken the plunge towards artificial intelligence (AI), chatbots, robotics and internet of things (IoT).
But customer experience and data security will always have the final word, according to technology leaders.

Digital lenders to face challenges as NPCI suspends eSign-based eMandate

The reason for the suspension of the eMandate is Supreme Court's verdict, which curbs all Aadhaar-based eKYC processes. 

Choice International scales IT workloads with hyperconvergence

As its client workloads grew, so did IT performance and availability problems, making it clear that the ageing mix of servers and SAN was no longer up to the job. 

Inside B&K Securities’ IT transformation with HCI

Taking a leaf out of Mukesh Mehta’s book - IT leaders can easily adopt a high-end software driven approach, without sending the CFO into a panic attack. 

Digitalization to make most financial firms irrelevant by 2030: Gartner

By 2030, 80 percent of heritage financial services firms will go out of business, become commoditized or exist only formally but not competing effectively, says Gartner. 

TCS rolls out SWIFT gpi-ready payment solution for banks

Banks as well as their customers stand to gain significantly from the latest version of TCS BaNCS for Payments with its SWIFT gpi support, according to the company. 

Synechron launches AI data science accelerators for BFSI sector

The accelerators combine natural language processing (NLP), deep learning algorithms and data science to solve the complex business challenges. 

Digital payment wallets will be interoperable: RBI's mandate decoded

With the proposed system, digital wallet providers and participants (merchants and users) will be able to settle transactions across all systems in a unified way.