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In the traditional trade finance landscape, the management and exchange of physical documents have always been a cornerstone. However, this practice comes with a myriad of challenges including delays, errors, and high operational costs. The emergence of digital technology promised a solution to these problems, but the lack of a standardized legal framework hindered its … Read more
Introduction Generative AI, a subset of artificial intelligence, is rapidly emerging as a transformative force in the business world. Unlike traditional AI models that predict or classify based on existing data, generative AI can create entirely new data, opening doors to unprecedented innovation. As businesses grapple with evolving challenges, generative AI offers a beacon of … Read more
In the pursuit of a more secure, scalable, and sustainable future, technology and finance are proving to be key players. Three prominent trends at the intersection of these fields – Environmental, Social, and Governance (ESG), blockchain, and artificial intelligence (AI) – are uniquely positioned to collaborate towards this common goal. ESG: The Compass for Sustainable … Read more
Artificial Intelligence (AI) and Machine Learning (ML) are altering the landscape of numerous industries, and healthcare is no exception. As the healthtech domain continues to advance, we’re witnessing the integration of AI and IoT (Internet of Things), cloud services, and other digital transformation solutions to revolutionize patient care, diagnosis, and overall healthcare delivery. As an … Read more
In a world increasingly dominated by technology, the competition in the e-commerce sector is fiercer than ever. The government, in an ambitious move to democratize e-commerce, has launched the Open Network for Digital Commerce (ONDC), a groundbreaking initiative that can potentially disrupt the industry. With ONDC, noticeable changes are emerging in online services, especially food … Read more
In today’s digital age, data stands as a linchpin of corporate strategy, particularly in the financial services sector. The management of this data, known as Financial Data Management, has become a crucial competency for businesses aiming to glean valuable insights and drive informed decision-making. As an industry-leading provider of financial technology services, we are committed … Read more
Artificial Intelligence (AI) is revolutionizing many industries, and the IT industry is no exception. Its impact is profound, with millions of developers relying on AI to optimize the software development process. From automating routine and mundane tasks to analyzing code for defects and bugs in a short time, AI has transformed software development. We are … Read more
Executive Summary Bank risk management is undergoing significant changes due to the evolving landscape of regulatory requirements, shifting customer expectations, advancements in technology and analytics, emerging non-financial risks, never seen before economic uncertainties, the need for unbiased decision-making, and the demand for cost savings. In this blog, we will explore these six parameters and discuss … Read more
Contracts play a significant role in shaping much of our professional and personal lives and are essential for modern society to operate effectively. In the context of blockchain technology, smart contracts serve as a crucial aspect, making transactions safer, more secure, and operating efficiently. Additionally, smart contracts enhance accessibility of various programs that run on … Read more
Traditionally, investors and other stakeholders in business considered profitability to be the top factor upon which they would make key decisions. This trend has shifted over the last several years. Today, the environmental, social, and governance (ESG) scores of businesses are emerging as the top metrics upon which investment decisions are made. For instance, ESG-focused … Read more
