In an era marked by technological disruption, the marriage of cloud computing and banking has emerged as a powerful catalyst for innovation. As McKinsey's article "Cloud's trillion-dollar prize is up for grabs
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The Regulatory PMO Playbook: A Guide to Successful Compliance with Regulatory Rules and Mandates
In the wake of the Global Financial Crisis (GFC), global regulators passed a wide range of rules addressing the many shortcomings identified during the 2008 – 2010 period. The regulations passed targeted a wide range of issues, including higher capital requirements, stricter recordkeeping standards, and overall enhanced supervisory standards.
Read MoreThe Future of Blockchain in Capital Markets
The financial world is no stranger to the transformative power of technology. From the recent popularization of electronic trading platforms like Robinhood and Coinbase, to the rise of algorithmic trading across the financial sector, technology has continually reshaped the way that the financial services industry grows. Today, blockchain technology stands at the forefront of this technological revolution, promising to redefine the operational landscape of capital markets, particularly in the realm of back-office operations.
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Basel III Endgame and Its Implementation Considerations
On July 27, 2023, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (FRB), and the Office of the Comptroller of the Currency (OCC) proposed new capital requirements for banking organizations known as the Basel III Endgame (B3E).
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Banking on Blockchain: Opportunities and Challenges in Modernizing Capital Markets Infrastructure
In the fast-paced world of modern banking, payment technology has undergone a revolution, transforming the way people conduct transactions. Gone are the days of solely relying on physical cash or checks; today's banking landscape is dominated by digital payment solutions that offer convenience, security, and efficiency. The rise of mobile banking applications, contactless payments, and digital wallets has made it easier than ever for customers to manage their finances on the go, enabling all-in-one transactions at the tap of a screen.
Read MoreUNIFIED PAYMENTS INTERFACE (UPI)
The Unified Payments Interface (UPI) is an innovative and user-friendly real-time payment technology system developed by the National Payments Corporation of India (NPCI). Its primary objective is to simplify interbank transactions and foster the widespread adoption of digital payments across the nation. With a staggering billion transactions per month, UPI has emerged as one of India's most favored payment options.
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