Satya Das

Satya is a banking domain consultant with over 14 years of experience in both business and IT. He has worked in the banking domain for multiple clients across different geographies in the retail banking transformation space. His experience covers Core banking, Lending, Cards & Payments, Digital Banking, Products & Pricing, etc. Satya is an ardent writer who has been featured many times in Global Banking & Business Review, BAI- Banking Strategies, Banking Exchange, Financial IT, PaymentsSource. He holds an MBA degree from XIM, Bhubaneswar and an Engineering degree from NIT, Rourkela and is a certified CBAP, Deep Learning and Neural Networks, IBM Blockchain Essentials, Data Science Foundations Professional .

Posts by Satya Das

How To Give Mobile Banking More Curb Appeal

The days when banks and credit unions could get away with a mobile banking app that did little more than show balances and transaction histories are over. Today financial marketers’ approach to the mobile channel must be centered on consumers, not on products. Quite simply, banking providers must personalize the experience. Innovative offerings and delivering 

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Battling Regulations – How Banks can Navigate PSD2 and GDPR

Many banks still recovering from the impact of digital disruption, yet now are having to contend with two new game-changing regulations in the shape of Open Banking/Payment Services Directive-Revised(PSD2) in January 2018 and General Data Protection Regulation(GDPR) in May 2018. The challenge to adapt to both and still maintain a profitable business can be overwhelming 

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Five Steps to Customer-Centric Product Pricing

The digital age has changed the battlefield for banks. They face disruption from fintechs, and the challenge of tech heavyweights like Amazon entering the financial services field emphasises issues around banks’ aging infrastructure. All of these problems must be navigated whilst ensuring continued profitability. Yet, as boardrooms focus on employing digital innovation to their advantage, 

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Why is API Banking inevitable? – A customer-centric exploration

The revised Payment Service Directive (PSD2), which, starting January 2018,  allows third parties to access banking data is a big boost towards the era of API (Application Programming Interface) banking that will claim bigger stature compared to how it exists today. Banks must delve into API banking as an opportunity rather than regard it as 

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Retail Banks and AI: An Easy Walkthrough or Rough Weather Ahead?

Terms like speech recognition, image recognition, gesture recognition, machine learning, and robotic process automation are gradually entering the traditional banking business lexicon. As a result, the data intensive banking industry is experiencing pressure to dive into the data pile it’s sitting on to uncover meaningful inferences about existing and prospect customers. The above terms are 

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Core Banking – A Reality Check Against Blockchain

On the advent of blockchain technology, core banking solutions within banks are going to face major challenges. The quintessential dimensions of core banking solutions such as defining and replicating products, processing transactions, and GL mapping and accounting are in danger of becoming obsolete due to the arrival of blockchain technology. It may take a lot 

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Core competency: A savvy map for transforming core banking solutions

For any bank, core banking systems (CBS) lie at the heart of operations: They play an instrumental role in processing transactions, updating balances, running batch jobs and interacting with interfaces. But with the advent of disruptive technologies, along with fickle customer preferences and overall regulatory changes, banks now tend to treat CBS as less important. 

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