The challenges of the financial crimes
Tony Wicks, The head of the Financial crime compliance, SWIFT, shared about hot to tackle the growing financial crime compliance. The expectations are driven by customers used to making and receiving instant payments within the home towns. The speed and the transparency of cross border payments are actually catching up fast. The cross border payments […]
What is the main skillset a banker must possess to tackle this pandemic?
The banking gears must not slip, and that is why it is so essential to have an extensive risk management system in check always and continuously updating them. Banks are exposed to numerous risks on daily basis from their lending activities, in their participation in financial markets and from wider operational problems like suffering a […]
The essence of banking through ages
Banking is an ancient practice, dating back to 8000 BCE, while the banking was believed to have originated, as they lent money for framing and trading services. The concept of extending credit came into action when the banks lent seeds or the seed money as we call it, to the farmers. However, the modern banking […]
Edge computing, a new IT frame
Information technology ( IT ) is rapidly continuing to evolve and its role is adding more and more value to the businesses all over the world and also it is coming more sharply into the focus. And Edge computing is one among such technologies which is eagerly awaited by all the business enterprises and other […]