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Industry
Banking
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Banking on purpose-led ecosystems
TCS’ solutions help banks and FIs push traditional boundaries and build cognitive banking enterprises for better value, resilience, and inclusivity. Learn more.
Related Insights
This paper by TCS talks about how automating can resolve credit card dispute through the rule-based engine with NLP-based chat operators. Download now to know more.
White Paper
31 May 2019
Read about digital transformation issues in wholesale banks and how blockchain in payments and payment strategies can help survive and thrive amid competition.
White Paper
13 Jan 2023
Transitioning to next-gen payment capabilities
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:
- Test transformation readiness: Set imperatives, priorities, and structures
- Comprehensive impact view: Review target payment platform requirements with comprehensive impact and gap analysis
- Fit-for-purpose test strategy: Define a complete strategy for testing that spans ecosystem and platform change while factoring in risk assurance
- Test environment and data synchronization: Ensure alignment between test data and test environment
- Real-time processing: Define a testing plan for real-time payment processing
About the author
Image of Dhiraj Lokhande
Dhiraj Lokhande
Dhiraj Lokhande is an advisor and architect in the Technology and Transformation Advisory function of the Banking, Financial Services, and Insurance (BFSI) business unit at TCS.
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