G Vedanarayan

Ved is part of the Banking Solutions group in Virtusa. He has nearly two decades of experience across different banking LOBs and has been involved in conceptualizing and implementing strategic and transformation solutions for leading global banks. His current areas of focus cover Digital banking and Mobile payments solutions.

Posts by G Vedanarayan

Bank wallets are an ‘imperative’ to counter third party apps

Banks worldwide have been clamouring to support mobile wallets launched by technology companies. While this may make for good PR in the short term, the same banks are at risk of losing their biggest advantage: The customer relationship. The established view has been to offer consumers the ability to store multiple bank cards in a 

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Third party wallets pressure banks to form their own mobile pay apps

A banking industry revolution is underway with increasing adoption of digital technologies and a rapid increase in the use of mobile technology. Historically, banks have erred on the side of caution, testing the waters rather than taking the plunge. They demonstrate an intent to have a stake in the game but their conservative approach often 

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