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Straight-Through Processing in a Modern Insurance Claims Management

Straight-Through Processing in a Modern Insurance Claims Management

Digital Payment Safety BFSI Fintech
April 11, 2023 270 0

Insurance claims are a critical part of the customer experience, in fact, the time taken for an insurance company to satisfactorily settle a claim is viewed as the number one measure of customer satisfaction. After paying premiums...


Thriving digital future in Open Banking

Thriving digital future in Open Banking

Digital Payment Safety Digital Transformation
March 16, 2023 356 0

  What is Open Banking? The banking industry is changing quickly due to shifting consumer expectations and behaviours, increased regulatory scrutiny, and new technology that enables a broader range of goods and services...


How Does Blockchain Transform Insurance Industry?

How Does Blockchain Transform Insurance Industry?

Blockchain Digital Payment Safety
December 19, 2022 285 0

The press and corporate world both often discuss blockchain. Even though many people have heard about blockchain for insurance, they might not understand it. Blockchain is a digital format that, in its most basic sense, permits th...


The future of money — will physical cash disappear?

The future of money — will physical cash disappear?

Digital Transformation Digital Payment Safety
December 4, 2022 593 1

Physical coins will soon resemble antiquities from another era and are exclusively found in locations like galleries. This means that actual money will vanish. Technology will be used for transactions. Let’s begin with a ta...


Applications Of Digital Wallets

Applications Of Digital Wallets

Digital Transformation Digital Payment Safety
October 31, 2022 337 0

On gadgets like mobile devices and tablets, digital wallets provide economical software that lets you save money, carry out transactions, and keep track of previous purchases. A digital wallet can be utilized to keep the whole of ...


Fueling the Future of Fintech With Data Science and AI

Fueling the Future of Fintech With Data Science and AI

Data Science & AI Community BFSI Fintech Digital Payment Safety
November 17, 2021 1225 0

Data is much vaunted as the new oil. However, every profit-driven enterprise out there sits on copious of big data as they clock years through the two primary enterprise processes - Core & Support processes. And most of these fint...


Stablecoins — The backbone of the new global economy?

Stablecoins — The backbone of the new global economy?

Digital Payment Safety Cyber Security & Privacy
November 9, 2021 249 0

We have seen incredible exponential growth in the global economy within the past decade (2010–2020), much of which has been underpinned by the development and advancement of technologies and tools that didn’t exist before. We...


Blockchain Is Not Just For Cryptocurrencies! Here’s How Enterprises Can Leverage Blockchain To Improve Efficiency

Blockchain Is Not Just For Cryptocurrencies! Here’s How Enterprises Can Leverage Blockchain To Improve Efficiency

Current Issues Cyber Security & Privacy Digital Payment Safety Smart Mobility Blockchain COVID-19
September 21, 2021 2904 0

The term blockchain might be quite new for most of us. But if you have been following NASSCOM blogs you might have come across blockchain a few times. Though blockchain might be something we have not heard, there is absolutely no ...


Contactless payments in India and their benefits to merchants

Contactless payments in India and their benefits to merchants

Fintech Blockchain Retail - FMCG, CPG Digital Payment Safety
July 8, 2021 260 0

There is no denying the fact that COVID-19 has accelerated the adoption of digital payments in India and especially contactless payments. As more customers transact using contactless payment modes such as 'scan and pay' QR co...


Building Resilience in Business Eco-System

Building Resilience in Business Eco-System

COVID-19 Cyber Security & Privacy Digital Payment Safety BFSI BPM
June 24, 2021 72 0

With the outbreak of the pandemic, the world is clearly confronted with a new, challenging, and unpredictable occurrence. Consumers in the "New Normal" have different decision-making processes than in the pre-pandemic era, thus ha...


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