Archives for BFSI

04 Mar

Wipro To Acquire Tech Consultancy Firm Capco For $1.45 Billion

In one of its largest acquisitions till date, IT Services giant Wipro has closed a deal to buy British tech consultancy firm Capco for $1.45 billion. The transaction is expected to be complete by the end of June, subject to customary closing conditions and regulatory approvals. Post the deal, Capco will operate as a separate…

The post Wipro To Acquire Tech Consultancy Firm Capco For $1.45 Billion appeared first on Analytics India Magazine.

04 Mar

Wipro To Acquire Tech Consultancy Firm Capco For $1.45 Billion

In one of its largest acquisitions till date, IT Services giant Wipro has closed a deal to buy British tech consultancy firm Capco for $1.45 billion. The transaction is expected to be complete by the end of June, subject to customary closing conditions and regulatory approvals. Post the deal, Capco will operate as a separate…

The post Wipro To Acquire Tech Consultancy Firm Capco For $1.45 Billion appeared first on Analytics India Magazine.

21 Feb

Aeris Augments IoT Capabilities With Next-Gen Asset Assurance Platform For BFSI Sector

Aeris Communications, internet of things (IoT) technology partner for enterprises, has announced the launch of ‘Aeris Asset Assurance Platform’. This is the industry’s first comprehensive asset protection and repossession IoT platform for the auto financing and lending companies as well as enterprises using third party fleet services for their logistics and distribution. The overall commercial…

The post Aeris Augments IoT Capabilities With Next-Gen Asset Assurance Platform For BFSI Sector appeared first on Analytics India Magazine.

29 Sep

How To Unleash The Power Of API Banking

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image-7357

Open banking is a term that gives a secure way to service providers to access your financial information and build applications around financial institutions. It allows the owner of the network to give universal access to developers/third parties to build and offer next-generation products, services and convenience. In the European Banking Industry due to PSD2…

The post How To Unleash The Power Of API Banking appeared first on Analytics India Magazine.

16 Jul

The Importance Of Open Banking And Analytics In The Indian BFSI Sector

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image-5814

These are very happening times for the largest democracy in the world with elections in full swing and multiple financial events lined up like the Regulatory Authority of the country (RBI) coming out with their vision for Payment and Settlements 2019-2021 which was indeed very enterprising as it promises to make the country a cash-lite…

The post The Importance Of Open Banking And Analytics In The Indian BFSI Sector appeared first on Analytics India Magazine.

24 Jun

RBI Increases Focus On Cybersecurity As India’s Digital Payment Craze Peaks

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image-5280

Despite high internet usage and smartphone penetration, India has lagged behind in implementing cybersecurity best practices. This includes the security of websites and government databases. The negative effects of this has been held off by the lack of intent for individuals to exploit the weaknesses. However, the field is quickly changing, with India becoming one…

The post RBI Increases Focus On Cybersecurity As India’s Digital Payment Craze Peaks appeared first on Analytics India Magazine.

24 Jun

RBI Increases Focus On Cybersecurity As India’s Digital Payment Craze Peaks

image-5281
image-5281

Despite high internet usage and smartphone penetration, India has lagged behind in implementing cybersecurity best practices. This includes the security of websites and government databases. The negative effects of this has been held off by the lack of intent for individuals to exploit the weaknesses. However, the field is quickly changing, with India becoming one…

The post RBI Increases Focus On Cybersecurity As India’s Digital Payment Craze Peaks appeared first on Analytics India Magazine.

29 Mar

How This Banking Guru From The West Is Using Analytics To Help Indian SMEs

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image-3642

This is the age where banks chase customers, offering them credit cards, loans and mortgages. But that’s on the personal side. There’s one sector in business that is yet to gain advantage from the rapid growth of the BFSI sector. This week we spoke to Lucas Bianchi, co-founder and head of operations & finance at…

The post How This Banking Guru From The West Is Using Analytics To Help Indian SMEs appeared first on Analytics India Magazine.

19 Jan

How Data Analytics Backed By AI And ML Is Transforming The BFSI Sector

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image-2127

Stephen Hawking, the renowned theoretical physicist once said, “It’s tempting to dismiss the notion of highly intelligent machines as mere science fiction.” The reality is that most AI applications do not have a physical form, but rather “live” in lines of code. The term “AI” includes all technology used to mimic human intelligence, typically falling…

The post How Data Analytics Backed By AI And ML Is Transforming The BFSI Sector appeared first on Analytics India Magazine.

19 Jan

How Data Analytics Backed By AI And ML Is Transforming The BFSI Sector

image-2128
image-2128

Stephen Hawking, the renowned theoretical physicist once said, “It’s tempting to dismiss the notion of highly intelligent machines as mere science fiction.” The reality is that most AI applications do not have a physical form, but rather “live” in lines of code. The term “AI” includes all technology used to mimic human intelligence, typically falling…

The post How Data Analytics Backed By AI And ML Is Transforming The BFSI Sector appeared first on Analytics India Magazine.