BFSI sector to spend around Rs 50K crore on IT in 2015:Gartner
Information technology spends by financial institutions is expected to increase by 9.8 per cent to around Rs 50,000 crore in 2015,…
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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.
Securing BFSI in Evolving Threat Landscape
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
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
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
Hit by several fraud-related losses every year, the insurance industry is now deploying data analytics to detect policies filed…
Online way
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
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
Service launched for India through Axis Bank, will be processed via the payment service provider- Empays.
By mid 2015, all applications in BFSI will be running on HANA
Andrew Pitcher, Senior VP & GM, Financial Services and Strategic Industries, SAP APJ, shares insights into SAP’s commitment to…