The Inevitable Blockchain

November 25, 2016

Blockchain, the technology underpinning bitcoin, is one of the most important innovations since the development of the Internet. It has generated a lot of interest lately and it is likely to continue in view of the broadening adoption.The globe’s leading banks are starting to realize they need to embrace innovative technologies in order to stay competitive in today’s digitized world. Financial services providers are actively investing in various blockchain projects aimed at exploring the potential use cases of the technology.

Spotlight

IL&FS Financial Services Ltd (IFIN)

IL&FS Financial Services Limited (IFIN) is a leading Infrastructure Investment Bank providing a range of financial and advisory solutions under one umbrella . IFIN, a 100% subsidiary of Infrastructure Leasing and Financial Services Limited (IL&FS), has a unique positioning in India's financial sector, having continuously innovated structured facilities for Infrastructure funding. IFIN with its strong network of relationships with banks, financial institutions, multilateral agencies and Government bodies, provides a robust platform to corporates, for all their financial advisory needs. IFIN has also established its international presence through its wholly owned subsidiaries in London, Singapore, Hong Kong and Dubai.

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What to expect from Open Finance in 2021?

Infographic | April 7, 2021

Open Finance involves an extension of Open Banking principles to a wider field of financial services and products. It is a new paradigm where data from multiple sources beyond banking can help build innovative and inclusive financial services. These conditions make Open Finance a perfect fit for Latin America, a region where users’ financial lives don’t take place exclusively within the walls of banks. In part, because part of the population is still underserved by traditional financial institutions: only 51 percent of adults in the region are bank account owners. And, increasingly, because emerging fintech providers are targeting these customers with digital solutions.

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HOW AI IS TRANSFORMING THE BANKING AND FINANCIAL SERVICES INDUSTRY

Infographic | November 1, 2021

37% of Financial Services firms globally adopt AI to reduce operational costs AI is poised to give the banking industry an aggregate potential savings of $447 Billion by 2023 A Juniper research predicts that 90% of interactions in banks will be automated by 2022 using chatbots As per research, AI will reduce banking operational expenditures by 22% Automating middle-oce tasks with AI has the potential to save North American banks $70 Billion by 2025.

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MAKING DIGITAL WORK: FINANCIAL SERVICES

Infographic | November 30, 2021

With the acceleration of digital business, financial services organisations need to ensure their IT capabilities keep up with customer and employee demands. Seamless connectivity, end-to-end security and cloud readiness are just some of the IT prerequisites that the industry must address to support hybrid working models, compete with newcomers to the sector and comply with evolving regulations.

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B2B Payments Fintech: Empowering Business Transactions

Infographic | July 17, 2023

Explore this infographic to delve into the world of B2B fintech and gain valuable insights into how B2B payments fintech revolutionizes transactions.

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Banking Frauds: What the FTC Data Says

Infographic | August 17, 2022

There was an increase of 70% in losses due to banking fraud in 2021. Over 2.8 million consumers reported banking fraud to the FTC.

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Financial Service Providers: Changing the Workforce of the Future

Infographic | March 9, 2022

25% of leading companies are taking the steps towards reshaping the futuristic workforce.

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Spotlight

IL&FS Financial Services Ltd (IFIN)

IL&FS Financial Services Limited (IFIN) is a leading Infrastructure Investment Bank providing a range of financial and advisory solutions under one umbrella . IFIN, a 100% subsidiary of Infrastructure Leasing and Financial Services Limited (IL&FS), has a unique positioning in India's financial sector, having continuously innovated structured facilities for Infrastructure funding. IFIN with its strong network of relationships with banks, financial institutions, multilateral agencies and Government bodies, provides a robust platform to corporates, for all their financial advisory needs. IFIN has also established its international presence through its wholly owned subsidiaries in London, Singapore, Hong Kong and Dubai.

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