Posts Author: Sneha Jain

What types of decisions are best suited for automated decision-making in BFSI?

Posted By Sneha Jain on 9/September/20 in Banking,Decision Automation

IPL is around the corner and if you love watching cricket then you would know the importance of ‘decisions’ made in that game. It can be a boon or a bane for the team, right? Likewise, decision making in banks is a critical task. Deciding on which loan to approve, Which marketing technique to adapt […]

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Artificial Intelligence for Reducing the Impact of Bad Loans on Bank

Posted By Sneha Jain on 8/August/20 in Artificial Intelligence,Banking

The COVID-19 outbreak is not only a health crisis but also an economic shock. Economic activities have been abruptly halted by the pandemic. Nations around the world are struggling to contain the virus and its economic impacts. The pain has been felt across industries – due to lack of demand and employee layoffs, the cash […]

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Covid-19 Accelerates Banks’ Move to Digitalization

The economic crisis resulting from COVID-19 pandemic-led lockdown has brought about drastic changes in everyone’s life and the way businesses are done, including the banking industry. While there have been a lot of talks to move to a more digital banking model for almost a decade, the COVID-19 outbreak has coxed the banking sector to […]

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Why do enterprises need a Business Rules Engine?

The banking and financial markets are full of regulatory requirements. Numerous business rules and decisions are made within the financial industry to process claims, validate transactions, compute benefits, determine rates, and deal with exceptions. It would be easy to manage these rules if they were fixed. However, businesses have intricate processes that continually evolve. As […]

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How is Coronavirus Disease 2019 (COVID-19) impacting the BFSI industry

Covid 2019 has literally shaken the world, it has slowed business down, it has hit a pause on our economy and impacted all the sectors you can think about. The most impacted is the financial sector, this perhaps could be the most serious challenge faced by banks and NBFC’s. The after impacts of COVID-19 will […]

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The new-age digital banking and financial sector revolution

Many young urban folks may never know the stress of rushing to the bank either by taking half-day from office or on their lunch break only to be faced with a long queue and a lot of paperwork. Around fifteen years ago, more than half of all banking transactions would take place within the branch […]

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8 Things You Should Look for Before Selecting a Compensation Management Solution

Posted By Sneha Jain on 2/February/20 in Banking,Incentive Compensation Management

“A recent Gallup poll survey revealed that only 2 in 10 employees say their performance is managed in a way that motivates them to do outstanding work and 21% employees strongly agree their pay and incentives motivate them to achieve their goals”. We quite agree to that but here is the catch – it’s a […]

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