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Customer Ticket Classification using BERT:

Abstract Transformers are machine learning models with sequence-to-sequence architecture for transforming a given sequence of elements into another sequence. BERT is a powerful Transformer-based machine learning model for state of the art (SOTA) NLP applications that have outperformed previous mo...

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The Role of Fintech Companies in Transforming the Banking Sector:

The last two years have highlighted the importance of digital financial models across the globe. Whether we’re talking about mobile or net banking, digital money transfers, paperless lending or insurance, FinTech has completely transformed the traditional banking system. Banks have traditional...

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How Platformization of Banks Can Transform Your Digital Banking Experience:

There has been a great shift in customer expectations across sectors, especially in the world of banking. In a constantly evolving business environment, innovation isn’t merely about long-term success – it’s a matter of survival. Until very recently, if customers required assistanc...

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How to Select the Right Core Banking System - The Intricate Selection Process:

Core banking systems form the foundation for banking and financial institutions. They consist of a centralized back-end system that facilitates various financial processes, including banking transactions such as loans, deposits, interest calculations, and more across a decentralized network of branc...

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The Core Banking Lifecycle - From Legacy Systems to Digitalization:

The rapid pace of digitalization is creating numerous challenges for banks and other financial institutions. The shift in customer expectations, the rise of disruptive competition, and the adoption of the latest digital technologies are key factors impacting the longevity of players in the financial...

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The Enterprise Security Paradox:

The traditional application of IT across enterprises is gradually dissolving. The Bring Your Own Device (BYOD) and Work from Home trends have widened the corporate network while transforming the way organizations function today. The adoption of these work models has been greatly accelerated by the p...

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Top Endpoint Security Trends in 2022:

Organizations worldwide have begun to realize how critical cybersecurity is to their business. While they continue to do so, malicious actors have been capitalizing on every second of their indecision to further their agendas. Companies are more dependent than ever on IT services, and consequently, ...

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Why Enterprises are Scrambling to Deploy the Zero-Trust Security Model:

The frequency and potency of cyber attacks has been increasing at an alarming rate over the last few years. Global cybersecurity measures have become more crucial than ever. In 2021, IBM reported that data breach costs rose to $4.24 million. This increase was primarily attributed to the increase in ...

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Security Issues with APIs and the Importance of Stricter API Governance:

Risk is an inescapable aspect of any form of business. Risks cannot be eliminated but mitigated to effectively contain the impact of catastrophic events. As more companies continue to develop and adopt APIs (Application Programming Interface), understanding their inherent security vulnerabilities ar...

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