Driving business agility for global banking and fintech leaders

There are a number of ways in which a business organization can develop a competitive advantage. However, in today’s scenario, the most effective way for any business organization to gain a competitive advantage is digitization of its operations. Digitization of operations not only results in the minimization or elimination of manual work, but also brings greater transparency and integrity into the consolidation of business data. Digitization helps increase the efficiency of business functions. Moreover, it facilitates a deeper analysis of business data that helps the management make better business decisions. A business organization needs to follow a proper strategy to move towards digitalization, in order to get satisfactory results. The first and foremost step of this strategy is setting up a robust digital infrastructure. Needless to say, there are a number of information technology based agencies that help in doing the same. Most agencies that offer digital transformation s...

There are a number of ways in which a business organization can prosper in the market. However, if you look for the easiest and most certain way, you will definitely stumble upon digital transformation. Needless to say, there are a number of benefits that a business organization can enjoy if it transforms itself digitally. First of all, digital transformation will enable the streamlining of business operations of the organization. This eventually helps in strengthening the management and decision making capability of the company. Secondly, digital transformation lets the business organization create a centralised digital data repository of all its business information. This drastically reduces unnecessary paperwork and also makes data easily accessible. Moreover, you can control the rights of accessibility to the data. Last but not the least, digital transformation makes your business data secure. With the introduction of cloud technology, you need not worry about data loss anymo...

The growth of digital banking has been tremendous in the last few years. It is definitely a wonder that a country like India has welcomed digital banking with open arms. Needless to say, there are a number of positive attributes of digital banking. First of all, it has drastically brought down the scale of cash transactions. As a result, more transactions are being accounted for and are being taxed by the government. In fact, the government is laying great emphasis on the use of digital banking and has been promoting it, along with other public policies. The government has also heavily invested in the development of a Unified Payments Interface system in order to facilitate interbank transactions through mobile platforms. Almost every public and private bank has partnered with this system and is part of the open banking system today. Needless to say, all partner banks have had to undergo a drastic change in their core banking architecture by encompassing open banking interfaces. The ...

Businesses are changing by the minute in this day and age. For them to last longer, they need to keep innovating all the time. They need to keep up with the change or face the risk of becoming obsolete. This is why businesses and enterprises are constantly in need of capital. They need capital to innovate their products. They need capital to support research and development. They need capital to make sure that they have the right type of funding available. This is the requirement of people who would like to start a business, no matter if they have ten thousand rupees or ten crore rupees. This is where banks or financial institutions come into the picture. Banks have an ever-growing demand for loans from businesses or individuals that need capital. They make sure that they are up to speed with the demands of their customers and provide them with what they need. They ensure that transactions happening at any of their branches reflect at their main branch as well. All of this is loo...

The world is rapidly changing by the day and things are becoming obsolete very soon. This is the reason why people need to keep up with change in the best possible way. This is also the reason why there has been quick growth in the modernisation of companies. Companies make sure that they work in a way where minimum effort is required and maximum results are seen. They look to work efficiently in order to scale up profits and automate the work as much as possible. This is one of the reasons why companies are now going in for digital transformation. Studies say that digital transformation not only helps organise the company’s data but also facilitates a paper free environment. Digital transformation enables a business to perform more efficiently. This is why professionals provide banking solutions to companies that are undergoing digital transformation. There has been a huge need for the same, as people are on the go and like everything to be available at the click of an icon on...