Magma Fincorp Taps Qlik for Customer Behavior Analysis Express News Service Feb 18, 2016 Visual analytics provider Qlik, announced that Magma Fincorp, one of India’s largest non-banking finance companies (NBFC), is…
IT can automate the entire claims management process Abhishek Raval Jan 13, 2016 The entire process of claims management can be automated by IT. Big data can help us to further improve our services in terms of…
BFSI sector to spend around Rs 50K crore on IT in 2015:Gartner Rashi Varshney Nov 2, 2015 Information technology spends by financial institutions is expected to increase by 9.8 per cent to around Rs 50,000 crore in 2015,…
Securing BFSI in Evolving Threat Landscape Ankush Kumar Sep 18, 2015 The 2015 Internet Security Threat Report from Symantec shows that the volume of targeted attacks against BFSI went up from 11.1…
Mobile banking, arriving with a bang Abhishek Raval Aug 31, 2015 In the context of issuance of 11 new payments bank licences, we met a few FinTech companies and visited the recently-held Ficci/…
Banking industry: Staying ahead of fraudsters Abhishek Raval Aug 28, 2015 Banking fraud poses a serious threat to the customer confidence, efficiency of the payment system, and the bank’s bottom line. To…
The high tech strategy for fighting Insurance fraud Abhishek Raval Aug 28, 2015 Hit by several fraud-related losses every year, the insurance industry is now deploying data analytics to detect policies filed…
Online way Abhishek Raval Aug 27, 2015 Banks must encourage adoption of digital banking if they are to maintain high-quality customer service
RBI’s 11 picks for payments banks ushers in digital age Abhishek Raval Aug 20, 2015 Payments Bank will be set up as a differentiated bank and shall confine its activities to acceptance of demand deposits,…
Emirates NBD launches DirectRemit 2 Mobile funds transfer platform UAE to India Express News Service Aug 19, 2015 Service launched for India through Axis Bank, will be processed via the payment service provider- Empays.