Highlights of Indian Overseas Bank’s recent digital initiatives
The Indian Overseas Bank recently launched a sound pressure level meter, an IoT device initiative to solve customer grievances at…
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BFSI
Stay connected with the latest buzz and trends in Banking, Financial Services, and Insurance (BFSI). Our BFSI News section provides a comprehensive overview of the industry, offering timely and insightful updates on key happenings.
How bots are changing the rules of the BFSI industry
The last wave of technology disruption that took place at the turn of the 21st century, gave birth to a new sector known as…
Data breaches, cyber threats in BFSI, healthcare industry represent a huge opportunity for…
The enterprise software arm of BlackBerry has been in the turnaround mode after it lost its handset market to Apple and Samsung,…
Experian’s Fraud Prevention Bureau access surpasses 100 organisations in banking and insurance…
Hunter prevents application fraud by matching credit application data against multiple data sources including the shared fraud…
Digital Transformation: making banking invisible!
Banking is becoming more and more invisible. Today, customers are more fast paced and so are their banking needs. Transactions –…
IoB launches IoT based customer service application
To increase customer satisfaction at the branch, IOB has introduced three initiatives with IoT
RBI lists supervisory and risk management steps for banks
The central bank has directed all banks to implement as many as 29 measures — from creating an alert system by June 30 on breach…
How chatbots are changing the customer service business
Today, the cost-effectiveness of customer service is measured in terms of the ability to reduce the number of customer calls and…
RBI directs banks to audit SWIFT transactions by June 30
The central bank, under attack over its supervisory framework following the fraud, has already directed all banks to link SWIFT…
We need to create tomorrow, today with blockchain: Peggy Johnson, EVP, Microsoft
Many industries today have manual processes and blockchain has the potential to help significantly streamline them. The technology…