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Dhiraj Lokhande
Advisor and Architect, Technology and Transformation Advisory, BFSI, TCS
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With evolving customer demands and regulatory environment, payment infrastructure needs to be augmented with next-gen capabilities to enhance real-time payments, adopt contactless payments, and ensure the availability of a robust payment ecosystem.
Banks and financial institutions must rejig the payment test function across various elements to transition to next-gen payment capabilities.
Some crucial aspects to be kept in mind while defining and executing the test strategy include:
Trust by design: Embedding AI-led PII Protection in BFSI Back-office
Digital Euro: Enabling Real-time Payments with a Digital Currency
Driving Digital Transformation in BFSI with Next-gen Engineering
How Banks can Improve Artificial Intelligence RoI