The banking business is fast evolving, and individual banks that serve retail, commercial, small-to-medium-sized businesses (SMEs), or wealth management firms must make rapid changes to become “digital-first” enterprises. However, making such a transformation entails enormous risks. Banks that get digital transformation wrong risk damaging client relationships and losing market share to digital-only competitors who are more agile and technologically capable.

FinOps is a solution for controlling operational costs in a cloud environment and offers ways for teams to manage their cloud costs, wherein everyone takes ownership of their cloud usage. FinOps term is coined by combining Finance + DevOps. It’s an evolving cloud financial management discipline and cultural practice. In practice, FinOps means establishing performance indicators on an organization’s cloud costs based on service, business unit, environment, etc.

Digital banking involves the digitization of all traditional banking products, processes, and activities to serve customers through online channels. Banking that is done through the digital platform without any paperwork like account opening forms, cheques, pay-in slips, and so on is referred to as digital banking. It relies on high-level process automation, web-based services, and APIs to provide banks and their customers with high levels of cost efficiency, security, and flexibility.

Blockchain technology (within the broader distributed ledger umbrella) has received a lot of eyeballs over the last decade, moving beyond the admiration of niche cryptocurrency fanatics and into the mainstream conversation of experts and investors, especially in the banking and financial services space.

You have just arrived at your favorite holiday destination and reached the hotel reception on a busy morning. It shouldn’t matter to you today if the hotel reception is crowded or there is no one available to help you with check-in. You will directly walk over to the self-service kiosk, enter your booking details, and scan your passport. The check-in process is completed in no time and you are provided with your room details. The kiosk even vends out your swipe card!

Every enterprise in today’s competitive environment is undergoing digital transformation. Businesses are attempting to improve their present IT infrastructure and techniques while welcoming new technologies and software development approaches to stay ahead of the competition. Enterprises’ ability to achieve all of this is highly dependent on their willingness to implement best practices for a successful DevOps transformation.

Scammers exist in all forms of commerce. With the advancement of e-commerce, fraud has taken on new forms and become more powerful than ever before. Fraudsters take full advantage of any loophole in any system. Preventing, detecting, and eliminating fraud is one of the major focus areas of the e-commerce and banking industries at present. Banks and other financial institutions are investing in new ways to meet the challenge of preventing fraud.

Assume you’re building a website, an application, or software, and you don’t want to build everything yourself for a variety of reasons – you’re short on time; you don’t want to code the tedious sections, and so on. So you have the choice of purchasing some elements of the software that you will use in it, such as the login, sign up, and other pages, and here comes the COTS-commercially –off –the –shelf software.

SAP offers one of the best ERP solutions for enterprise business critical operations. The success of these business operations depends on the reliability of the SAP deployment. Though the SAP solutions are perhaps thoroughly tested, rigorous performance testing is needed to understand the operations behavior of SAP under heavy loads.

“5G is coming! I saw the commercial!” “No, 5G is already here. Didn’t you see the other commercial?” “Yes, but I don’t have 5G, do you?” “Yes, I have had it for the last year. Well, I think I have. What is 5G anyway?” Have we ever seen anything so overhyped yet, at the same time, so misunderstood? Has there ever been a major technical advancement, that at the same time is already here, yet seemingly so far off in the future?