5% of Your Revenue Could Be Gone: Unmasking the True Cost of Fraud

5% of Your Revenue Could Be Gone: Unmasking the True Cost of Fraud Imagine a thief who silently steals a nickel out of every dollar your company earns. That’s essentially what fraud does: it quietly eats away at your profits, year after year.  According to a 2023 report by the Association of Certified Fraud Examiners […]

Demystifying Banking Digitization 2.0: Beyond Digital Payments and Lending

Demystifying Banking Digitization 2.0: Beyond Digital Payments and Lending The Indian banking landscape has undergone a radical transformation in recent years. We witnessed the swift adoption of digital payments and lending, reshaping how we interact with financial institutions.  However, the story doesn’t end there. Banking Digitization 2.0 is upon us, and it promises to delve […]

The Power of Data Analytics in Combating Digital Fraud

The Power of Data Analytics in Combating Digital Fraud In today’s digital age, where financial transactions happen at lightning speed across borders, the risk of fraud has become ever-present. Fraudsters are constantly innovating, devising new schemes to exploit vulnerabilities in systems and steal valuable data or assets.  According to a 2023 report by the Association […]

Driving Higher Customer Satisfaction with Digitized Insurance Claims Payment

Driving Higher Customer Satisfaction with Digitized Insurance Claims Payment The Indian insurance industry is witnessing a significant transformation, driven by digital innovation and a growing focus on customer experience. At the forefront of this change lies the digitization of claims payment, a crucial aspect that directly impacts policyholder satisfaction and loyalty. The Current Indian Insurance […]

Navigating Technological Transformation in Treasury Management for Risk Mitigation and Efficiency in Treasury Management

Navigating Technological Transformation in Treasury Management The Indian treasury industry is undergoing a period of rapid transformation, driven by factors such as globalization, digitization, and regulatory changes. In this dynamic environment, it is more important than ever for treasury teams to be agile and innovative in their approach to risk management. One of the key […]

Seize Opportunities with Sponsorship: India Insurance Summit 2024 | Synnex Group

Seize the Future: Sponsorship Opportunities at the India Insurance Summit 2024   The India Insurance Summit 2024 , organised by Synnex Group stands as a pivotal event crafted to convene the brightest minds and most innovative solutions within the Indian insurance sector. It serves as an unparalleled platform for insurance industry trailblazers to showcase their […]

How AI & Automation are Empowering Modern Treasury Management

How AI & Automation are Empowering Modern Treasury Management The modern treasury landscape is a complex beast. Treasurers today juggle multiple hats, navigating volatile markets, optimizing cash flow, managing risks, and ensuring regulatory compliance – all while striving for strategic impact. These demands leave little room for error, inefficiency, or time-consuming tasks. Fortunately, the solution […]

Empowering Financial Inclusion: The Role of AI in Credit Risk Management

Empowering Financial Inclusion: The Role of AI in Credit Risk Management The Indian banking industry is booming, with millions joining the financial system every year. But for many, accessing credit remains a hurdle. Traditional credit scoring often relies on limited data, potentially excluding deserving individuals due to lack of formal credit history. This is where […]

AI/ML Revolutionizes Insurance: Efficient & Accurate Risk Assessment in a New Era

AI/ML Revolutionizes Insurance: Efficient & Accurate Risk Assessment in a New Era The insurance industry is undergoing a paradigm shift, driven by the power of Artificial Intelligence (AI) and Machine Learning (ML). These transformative technologies are reshaping the way insurers assess risk, leading to greater efficiency, accuracy, and personalization. Traditional Challenges in Risk Assessment: Historically, […]