Banking

Technology

How Cloud Technology will Transform the Banking Industry

The Indian cloud services market, valued at USD 8.3 billion in 2023 and projected to grow to USD 24.2 billion by 2028, is currently dominated by international providers. With this initiative, the RBI seeks to boost domestic players and enhance India's digital sovereignty.

Technology

Data Analytics Specialist Transforms e-Commerce and Banking with Advanced Data Science

With over 14 years of experience in data science, Sundriyal leverages advanced machine learning models and analytical frameworks to solve some of the most complex problems in driving product profitability, customer engagement, digital transformation and financial P&L forecasting.

News and Trends

Cedar-IBSi Capital Eyes to Back 10 to 15 Startups in BFSI Sector

The fund primarily aims to target early-stage startups in the BFSI sector (banking, financial services, and insurance), investing in seed to Series A rounds.

Finance

Banking on Change

Pioneering the future of finance with a legacy of change

News and Trends

SBI to Expand Instant Loan Scheme for MSMEs, Eyes 600 New Branches by Year End

Customers only need to provide their PAN and approve the use of GST data to receive loan approval in as little as 15 to 45 minutes.

News and Trends

Driving Financial Inclusion: NPST's Role in India's Digital Revolution

The digital ecosystem in India, especially in Finance has seen growth due to various factors. The government's push towards mass digitalization, increase in internet penetration, and digital transformation enablers help integrate these technologies.

News and Trends

PNB Housing Finance Reports 25% YoY Increased Net Profit to INR 433 Crore

In the first quarter of FY25, PNB Housing Finance Limited demonstrated robust performance across various metrics, reporting a net profit of INR 433 crore

News and Trends

HDFC Bank's Gross Advances Reach INR 24.87 Lakh Crore in the Q1

HDFC Bank's gross advances increased by 52.6 per cent year-on-year (YoY) to INR 24.87 lakh crore in the quarter ending June 30

Business News

Wells Fargo Reportedly Fired More Than a Dozen Employees for Faking Keyboard Activity

The bank told Bloomberg that it "does not tolerate unethical behavior."

Growth Strategies

Exploring Transformative Potential Of Blockchain In Banking And Financial Services

Blockchain solves very critical part of the problem which is identification, reliance on information, and accessibility to newer ways of differentiating data that was not accessible.

Business News

Evolving Risk: The Ever-Changing Nature of EU Financial Crime Gets a Boost From AI

Banks and anti-financial crime software solutions are working to prevent a new generation of criminals using deep fakes and impersonating individuals using AI tools.

Business News

Apple Moves to Sever Ties With Goldman Sachs — Here's What That Means for Apple Card and Savings Holders

The end may be near for one of the most prominent alliances between a technology firm and a banking institution.

Business Ideas

Online Merchants Are Losing Significant Revenue With This Billing Mistake — Are You Guilty?

With clear, recognizable billing descriptors, merchants can save themselves the headache of avoidable transaction disputes and keep their customers happy and returning.

Science & Technology

You Can't Send AI To Jail — So Use it to Fight Crime. Here's How AI Is Taking Banking Compliance To the Next Level

The intersection of innovation and regulation has never been more critical. Amid this wave of innovation, the need for robust regulatory compliance remains paramount.