- Overview
TCS is here to make a difference through technology.
Leading the way in innovation for over 50 years, we build greater futures for businesses across multiple industries and 131 countries.
-
Industries
-
Services
-
Products and Platforms
-
Research & Innovation
Overview
Industries
expand here
Services
expand here
Products and Platforms
expand here
Research & Innovation
expand here
- Overview
We’re in it for good, driving positive change for the benefit of all.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
-
About Us
-
Leadership
-
Events
- Overview
Extraordinary expertise leads to remarkable results.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
-
Customer Stories
-
Perspectives
-
Global studies
-
Topics
- Overview
Want to be a global change-maker? Join our team.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
-
India
-
Americas
-
Asia Pacific
-
Europe and UK
-
Middle East and Africa
Overview
India
expand here
Americas
expand here
Asia Pacific
expand here
Europe and UK
expand here
Middle East and Africa
expand here
- Overview
Find the latest news about TCS in our Newsroom
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
-
Press releases
Recent Press releases
View all -
News alerts
-
Analyst recognition
Recent recognitions
View all -
Media kit
- Overview
TCS works hand in hand with world-leading investors.
Tata Consultancy Services LimitedNSE:TCSINR -
Management Commentary
-
Financials
-
News and Events
-
ESG
-
Resources
Overview
Management Commentary
expand here
Financials
expand here
News and Events
expand here
ESG
expand here
Resources
expand here
Top Results
Showing
10
01 - 07
You have these already downloaded
We have sent you a copy of the report to your email again.
Revamping payment processing using blockchain platforms
Adoption of blockchain for cross border payment processing is gaining traction in the banking, financial services and insurance (BFSI) industry. While many banks are experimenting with proofs of concept (PoC) for blockchain platforms for payment processing, the industry is yet to witness widespread adoption. This can be attributed to a lack of clarity on the approach to be adopted for seamless blockchain implementation in the payments arena. In our view, adopting uniform standards across technology, governance, security, and regulatory compliance can help mitigate risks and pave the way for trouble free adoption of blockchain platform for payment processing. To achieve this banks must:
- develop common technical standards to enable interoperability
- adopt standardized mode of communication
- lay down governance standards to enable modification to transactions
- lay down stringent security standards
- consider all the regulatory implications of blockchain adoption
About the author
Image of Ponmeena Shankar Kannan Kanagaraj
Ponmeena Shankar Kannan Kanagaraj
Ponmeena Shankar Kannan Kanagaraj is a Senior Engagement Manager for TCS’ leading banking and financial services client in the UK.
Related reading
1/4
Banking
TCS Services for Finance and Accounting Operations
Solution
|
02 Apr 2024
Opens in new tab
2/4
TCS BaNCS™
Ramakrishna Reddy Vem
Core-to-Cloud Transformation in Financial Services
White Paper
|
01 Apr 2024
Opens in new tab
3/4
Banking
TCS Customer Interaction Analytics: Driving better customer experience
Solution
|
28 Mar 2024
Opens in new tab
4/4
Banking
TCS Business Model Transformation Services for the BFSI Sector
Solution
|
26 Mar 2024
Opens in new tab
Find out more
What’s on your mind?
We’re here to help! Tell us what you’re looking for and we’ll get you connected to the right people.
Looking for something else?