CATEGORIES

SEWA Bank aims for million members

Jayashree Vyas, MD, talks about the business model and technology

Realtime Payments

Banking Frontiers organized a panel discussion on modernization of realtime payments. Distinguished panelists discussed the core issues and the probable directions:

Qube Money - a bank and a budgeting tool in one app

Qube Money is the new way one can use the services of the bank with the value add of having one’s finances managed well

Mentors can change the course for women

The increasing number of women at the workplace is a desired change, said Joti Balani, Founder and Managing Director at Freshriver.ai Inc. and mentor at fempeak.ai. In a conversation with Manoj Agrawal, Group Editor, Banking Frontiers, she highlighted those enterprises are including more women in their workforce to drive their inclusion and diversity endeavors.

Mahila Banks ramping up technology & security

These women banks motivate as well as train their customers to use modern technology:

Leadership Goal No. 1: Quality of Life & Job Satisfaction

In a joint conversation Shefali Munjal, MD, Hero Insurance Brokers & Hardika Shah, Founder & CEO, Kinara Capital share their leadership insights and roadmap

Covid punches job satisfaction, HR fights back

3 HR heads from the leading BFSI companies shared the job satisfaction scenario at their organizations:

Brazil to examine 9 projects for CBDC

The Central Bank of Brazil and Fenasbac, or the National Federation of Associations of Central Bank Servers, have decided to examine 9 projects from different companies on a Brazilian central bank digital currency (CBDC).

Al & ML: Catalyst & Facilitator for the Finance Function

Ridhi Gangar - Chief Financial Officer, Tata Motors Finance, reveals technology-led initiatives to enhance the finance function:

8-fold path to prevent burn-out

Megha Mattoo, Chief Compliance Officer & Company Secretary, Medi Assist reveals the risk combat strategy adopted by the company

CMOs Journey To The Tipping Point

Banking Frontiers sought to understand what it takes to reach the tipping point from the marketing perspective. Five CMOs from the BFSI industry revealed to us their understanding and their approaches, which we have divided into 5 parts: (i) Key factors in the journey to the tipping point (ii) Judging the distance (iii) Optimize spending efficiency (iv) Nudging customer interaction, and (v) Leveraging traditional marketing channels:

ICICI Bank: Technology accounts for 8.4% of operating expenses

ICICI Bank continues to invest in technology to enhance its offerings to customers and the scalability, flexibility & resilience of its technology architecture:

UAE insurers start a digital journey

In an exclusive interaction Neeraj Gupta, CEO of PolicyBazaar UAE shares the insurance industry scenario in UAE, digital transformation trends & top insurance products:

UBI hiring domain experts by empanelled HR consultant

The PSU bank has deployed online training modules, covering the latest banking practices, on computer, tablet or mobile round the clock:

Triple Axis of Success: Reimagining, Transforming & Partnering

The private sector bank now goes live with 25+ new tech or digital capabilities every quarter:

Tokenization: Short term pain, long term gain

Deepak Sarup, Head, Credit Cards & Retail Lending at HSBC India and Puneet Kapoor, President, Products, Alternate Channels and Customer Experience Delivery at Kotak Mahindra Bank, delve into preparedness for tokenization and its impact:

Making Analytics less complex & costly

Many technology companies soon figure out that it is not easy to sell to a bank. Some may say that banks are too conservative, and others may say that banks are too demanding. The undeniable fact is that banks like to work with technology companies who understand their business and their domain.

Tier 2 & 3 cities see a surge of start-ups

India’s ranking in Global innovation index rises from 81st rank to 46th rank:

Digital Transformation - Alike or Different

Rishabh Garg, CTO at U GRO Capital & Ramesh Mallya, Head of Technology - India at DBS Bank, share different perspectives on similarities and differences in digital transformation:

ANZ's unique approach to digital transformation

The bank’s ANZx program and ANZ Plus proposition are bound to take it several levels up the modernization graph:

Third Covid Wave Of Could Lead To Incremental Restructuring: ICRA

With incremental restructuring under Covid 2.0, the overall standard restructured loan book for banks increased to 2.9% of standard advances as on September 30, 2021 (2.0% as on June 30, 2021). Most of this restructuring includes borrowers impacted by Covid 1.0 and 2.0.

Highlights of Goa's Cooperative Movement Achievements

Address by Guest of Honor C.R. Garg, Secretary, Cooperation, Goa at FCBA 2021:

CUB introduces wearable payment device

It is a secure device with a tiny chip and antenna embedded in a keychain:

Coop Banks: Small in size, Deep in reach

Dr. Bhagwat Kishanrao Karad, Minister of State in the Ministry of Finance, Government of India, was the chief guest at FCBA 2021. Excerpts from his keynote address:

Cooperative Banks must invest in IT infrastructure

Keynote address by guest of honour at FCBA 2021. Edited excerpts:

CyberSecurity - From Big Army to Smart Army

As work expands to use all available space, security threats too expand. Nilesh Gupta, Global Practice Head - Cloud Services at 3i Infotech, reveals how banks can leverage new thinking and new technologies to safeguard themselves:

Investment bankers expect IPO momentum to continue

Financial institutions, tech companies have dominated IPO markets in CY21:

Pandemic has digitized spend management, workflow & payments

Kunal Sanghavi, Chief Financial Officer, HDFC Securities talks about changing costs during pandemic & adoption of latest technology for simplification of customer process:

Khan Bank - from the verge of closure to Mongolia's top bank

Khan Bank was at one point of time facing virtual closure but by adopting strategic measures, including induction of technology it has now become the No 1 bank in Mongolia:

NABARD setting up datawarehouse to find solutions

Keynote address by Chief Guest Shaji K. V., Deputy Managing Director, NABARD at FCBA 2021. Edited excerpts: