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Location
Bangalore
Member since
2023
Writes about
Payments Wealth management Retail banking Wholesale banking Financial inclusion Markets

Raktim's blog archive

2023 (6)
Raktim Singh

Raktim Singh

Senior Product Leader at Infosys
Message Message me Posts: 6 Comments: 6
Bio I am working in Infosys FINACLE from 1995.I have worked in various domains like corporate banking, wealth Management, Digital banking. I am author of Amazon Best Seller 'Driving Digital Transformation', which has been sold in more than 20 countries. I write on various topics related to technology and fintech at my website www.raktimsingh.com. Career History I had done B.TECH from IIT BHU. I am a TEDx speaker and my talk 'How Digital Transformation can help common person' was globally watched. My website is www.raktimsingh.com.

Blogs

Tokenomics

Tokenization of Assets

19 Dec 2023

Asset tokenization refers to representing digital tokens on a blockchain, which confirms the rights of ownership of real-world assets. Many of us want to own a piece in various types of masterpieces. Remember your childhood days when you tried to collect stamps, coins, or different kinds of stones? Many people have a hobby to buy and collect paint...

2

Going green

What is ESG in Banking

14 Dec 2023

ESG Full Form : ESG stands for Environmental, Social, and Governance. ESG criteria are now becoming essential considerations in banking and financial sector. Though ESG started as a socially conscious investment strategy in the 1960s, it gained attention in 2020 at Davos. The International Business Council (IBC) and the World Economic Forum (WEF) ...

2

Artificial Intelligence

Artificial Intelligence in Banking

11 Dec 2023

Artificial Intelligence and the importance of data AI is all about understanding the data. AI tries to decipher various patterns inside the data and the relationship between different entities, and it tries to either predict an event or generate more data. In earlier years, with the help of ML and deep learning, AI was used to predict the possibi...

Digital Banking

Digital Transformation in banking

09 Dec 2023

Though the last couple of years, including the pandemic, have forced banks to 'embark upon a digital transformation journey,' we still find many gaps here. During the pandemic, banks realized their services needed to reach customers even during lockdown. Many banks have moved to the cloud, and for them, moving to the cloud has become a digital tra...

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Raktim is Commenting on

What is ESG in Banking

  Thanks for your input. It's not fair on my part to list only 1 or 2 companies. Also, please look at companies across the globe, and you will find multiple examples here. You can also look into 'Sustainable Cities: Enabling Positive Change through Innovation and Collaboration,'' published recently by the FINEXTRA team. Also, as highlighted in the article as well in my earlier comment, following ESG practices means following ethical, inclusive, and fair business practices. I understand that you are referring to one investment company example. We will see many other examples of companies that have taken the ESG route. Most importantly, we all need to encourage ESG practices and follow those in our daily routines. 

20 Dec 2023 Reply Read article

Tokenization of Assets

  Thanks for your input. Blockchain helps in making sure that underlying data is not tampered with. That's why it is playing a significant role. A smart contract is a powerful software. As the saying goes, 'Software is eating the world. ' Software codes have impacted our lives in various ways. Behind all big companies, technology ( which contains Software) plays a big role. Be it providing a Digital experience, connecting with the remote world, or improving overall financial inclusion. In the Digital world, many timesoften, Our 'What' part has remained the the same, but the 'How' is different. We read books, watch movies, and order groceries, but how we are doing has changed. Blockchain and smart contracts are again helping us change the 'How' part. Both will help bring liquidity, automation, transparency, and affordability to various asset ownership. 

20 Dec 2023 Reply Read article

What is ESG in Banking

  Thanks for your input. There are many companies that have seen improvement in both the top line and bottom line post-adoption of ESG practices. Also, all stakeholders, from shareholders to customers to employees, ask for ESG practices to be followed. Everyone understands the importance of this. Following ESG practices is as important as following correct accounting practices, promoting diversity inside the company, or being fair in all your transactions. We all need to be sensitive towards the environment, follow sustainable business practices & ensure proper governance. I hope this clarifies. 

20 Dec 2023 Reply Read article

How a persona-based approach can help banks tackle human trafficking

  Really good points and wonderful article. I liked the point of 'banks should rely on personas rather than rules to help identify suspicious activity in financial data'. Though earlier this was cumbersome but now with technology, this can be done easily.

09 Dec 2023 Reply Read article