In today’s fast-paced financial landscape, the rate of change is accelerating like never before. Traditional banks, often referred to as incumbent banks, must prioritize adaptability and innovation to stay relevant and competitive. This blog explores the critical importance of incumbent core systems in this transformation journey, the challenges faced by traditional banks, and the strategies […]
Day: July 26, 2024
Life Insurance Firms Likely to See Strong Growth in Non-Linked Policies
The life insurance sector is on the cusp of significant transformation, with non-linked policies poised for strong growth. This shift comes in response to changing consumer preferences, evolving regulatory landscapes, and the inherent benefits of non-linked insurance products. In this blog, we will explore the factors driving the growth of non-linked policies, the advantages they […]
Avoid Extra Loans to Borrowers with Over Rs 200,000 MFI Exposure
In an effort to promote responsible lending and safeguard financial stability, microfinance institutions (MFIs) are urged to avoid extending additional loans to borrowers who already have an outstanding microfinance exposure exceeding Rs 200,000. This move aims to mitigate the risks associated with over-indebtedness and ensure the sustainability of the microfinance sector. In this blog, we […]
CrowdStrike Warns of New Phishing Scam Targeting German Customers
In the ever-evolving landscape of cybersecurity threats, CrowdStrike has recently issued a warning about a new phishing scam targeting customers in Germany. This latest scam, characterized by its sophisticated tactics and deceptive techniques, poses a significant risk to individuals and organizations. In this blog, we will explore the details of this phishing scam, its potential […]
Intel Sees India as AI Powerhouse, Ramps Up Investments and Partnerships
In a strategic move underscoring its commitment to artificial intelligence (AI) and the burgeoning tech ecosystem in India, Intel is ramping up its investments and partnerships in the country. Recognizing India’s potential as a global AI powerhouse, Intel aims to foster innovation, drive economic growth, and position India at the forefront of the AI revolution. […]
The Hidden Ties Between Google and Amazon’s Project Nimbus and Israel’s Military
In recent years, the relationship between technology giants and government projects has come under increasing scrutiny. One such collaboration raising eyebrows is Project Nimbus, a joint initiative between Google, Amazon, and the Israeli government. This blog explores the intricacies of Project Nimbus, its connections to Israel’s military, and the broader implications for ethics and transparency […]
