Cooperative banks play a crucial role in the Indian financial system. Over the years, they have encountered several obstacles: limited access to modern financial services, competition and regulatory constraints. However, advanced technology can help them compete in the rapidly evolving digital banking landscape. To redefine banks’ operations with a competitive edge to grow exponentially, Intellect launched eMACH.ai composed Intellect Digital Core for Cooperative Banks. This suite enables them to embrace digital transformation and incorporate modern technologies to meet evolving customer demands and stay competitive. Read more: https://lnkd.in/eg4dHgRE #Intellect #eMACHai #IntellectDigitalCore #CooperativeBanks #DigitalTransformation #CoreBanking #LoanManagement #DigitalEngagement #TradeFinance #ARX #DomesticTreasury

The future of the Indian banking sector is based on developing trust, leveraging technologies like artificial intelligence and fostering innovation. Our recently launched report 'Shifting Horizons: Banking readiness for 2030', which was launched at the Indian Banking Association’s 19th Banking Technology Conclave, outlines the growth drivers of the banking sector and discusses the themes which are driving digitisation and innovation in the financial services sector. https://bit.ly/49bMVey Gayathri Parthasarathy | Siddharth Vishwanath | Rajdeep Saha | Anit Shanker | Sumukh Koshe #FinancialServices #Transformation

#NewIndia has the highest #fintech adoption rate globally at 87% - driven by factors like increased adoption of mobile banking, rising financial awareness, focus on #financialinclusion and a thriving digital economy. 💵💰🏦 Explore more at: http://bit.ly/fintech_02 #InvestInIndia #InvestIndia #DigitalPayments #Technology #DigitalIndia NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

#NewIndia has the highest #fintech adoption rate globally at 87% - driven by factors like increased adoption of mobile banking, rising financial awareness, focus on #financialinclusion and a thriving digital economy. 💵💰🏦 Explore more at: http://bit.ly/fintech_02 #InvestInIndia #InvestIndia #Fintech #DigitalPayments #Technology #DigitalIndia NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

#NewIndia has the highest #fintech adoption rate globally at 87% - driven by factors like increased adoption of mobile banking, rising financial awareness, focus on #financialinclusion & a thriving digital economy. Know more: http://bit.ly/fintech_02 #InvestInIndia #DigitalIndia NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

#NewIndia has the highest #fintech adoption rate globally at 87% - driven by factors like increased adoption of mobile banking, rising financial awareness, focus on #financialinclusion and a thriving digital economy. 💵💰🏦 Explore more at: http://bit.ly/fintech_02 #InvestInIndia #InvestIndia #Fintech #DigitalPayments #Technology #DigitalIndia NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

#NewIndia has the highest #fintech adoption rate globally at 87% - driven by factors like increased adoption of mobile banking, rising financial awareness, focus on #financialinclusion and a thriving digital economy. 💵💰🏦 Explore more at: http://bit.ly/fintech_02 #InvestInIndia #InvestIndia #Fintech #DigitalPayments #Technology #DigitalIndia NITI Aayog Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India

The CNBC-TV18 Banking Transformation Summit aims to explore the connection between India's economic growth and the transformation of the banking sector, driven by digital technologies. Scheduled on 23rd August in Mumbai, the summit will showcase engaging conversations with thought leaders on the banking sector’s roadmap for navigating India’s journey to a $5 trillion economy and beyond. #CNBCTV18BankingSummit #30YearsofIndianIP #DigitalTransformation #IntellectualProperty Shereen Bhan Ritu Singh Prashant Nair Latha Venkatesh Nucleus Software

The CNBC-TV18 Banking Transformation Summit aims to explore the connection between India's economic growth and the transformation of the banking sector, driven by digital technologies. Scheduled on 23rd August in Mumbai, the summit will showcase engaging conversations with thought leaders on the banking sector’s roadmap for navigating India’s journey to a $5 trillion economy and beyond.    #CNBCTV18BankingSummit #30YearsofIndianIP #DigitalTransformation #IntellectualProperty Nucleus Software Latha Venkatesh Prashant Nair Ritu Singh Shereen Bhan

The Session on, "From Brick and Mortar to Digital Dominance: The Transformation of India's Banking Giants", conducted at Bharat Fintech Summit 2024, explored the digital transformation journey of India's leading banks. Ramesh Lakshminarayanan, CIO Group Head IT at HDFC Bank, presented the bank's perspective on navigating this digital revolution. Key takeaways In today's digital landscape, prioritizing a data-driven approach within a microservices-based core is crucial for organizations across industries. Open banking initiatives and the establishment of an API Factory streamline service delivery, fostering interoperability and efficiency. Cloud adoption is essential for agility and scalability, while robust security practices are imperative for safeguarding sensitive data. Together, these elements form the foundation of a modern digital strategy, enabling businesses to adapt and thrive in a rapidly evolving environment. Summary The session emphasized the critical role of digital technologies in transforming banking operations and customer experiences. HDFC Bank presented its ongoing efforts to leverage advancements in artificial intelligence (AI), cloud computing, and open banking to achieve digital dominance. Watch the insightful session here: https://lnkd.in/dANmrfkA #DigitalTransformation #Banking #Fintech #OpenBanking #CloudComputing #AI #HDFCBank #BharatFintechSummit2024