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Bank of the Future

Digital Payments: A Threat or an Opportunity for Banks?

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Debasis Thakur

Debasis Thakur (Deb) is a senior payments consultant with the Payments Solutions group within the Banking and Financial Services (BFS) business unit at Tata Consultancy Services (TCS). He has over 19 years of industry experience in banking cards and payments. Deb has anchored several transformational projects for TCS customers, and is currently focusing on innovations in the payments space, specifically on digital payments and emerging Fintechs to help global financial institutions reimagine their payment processes in light of the new digital technologies.