The document discusses emerging technologies like blockchain, AI, and their impact on payments, user experience, and communities. It covers blockchain applications in banking through the BankChain alliance and various use cases. It also discusses challenges and opportunities in fintech development and collaboration models.
The document discusses emerging technologies like blockchain, AI, and their impact on payments, user experience, and communities. It covers blockchain applications in banking through the BankChain alliance and various use cases. It also discusses challenges and opportunities in fintech development and collaboration models.
The document discusses emerging technologies like blockchain, AI, and their impact on payments, user experience, and communities. It covers blockchain applications in banking through the BankChain alliance and various use cases. It also discusses challenges and opportunities in fintech development and collaboration models.
The document discusses emerging technologies like blockchain, AI, and their impact on payments, user experience, and communities. It covers blockchain applications in banking through the BankChain alliance and various use cases. It also discusses challenges and opportunities in fintech development and collaboration models.
Speaker Sudin Baraokar Global IT & Innovation Advisor ex- SBI, Barclays, IBM, GE Founder - BankChain Alliance, bankchainasset.com, aitof.io Global IT & Innovation Advisor +91 9850173007 sudbaro@gmail.com
2 EMERGING TECH AND BLOCKCHAIN Keynotes: HOW ARE THEY RESHAPING PAYMENTS, UX AND CHANGING COMM • The role of AI and blockchain • Go Digital • Financial Inclusion • Trust as a Service • Adapting to the growth of non-cash payments • 20 Billion+ Digital Payment Transactions in India • Mobile First - Banking on a Wallet • Collaboration with fintechs and other F.I’s • Core Banking APIs • Service Virtualisation of APIs • Standing out by having an enhanced consumer experience • Real Time Customer Feedback • Facial Recognition • Cognitive APIs 3 Blockchain in Bimodal (Software & Network) • Software • Network • Develop a Financial Services Superstore • “Nativity” • “Trust Fractionalisation” • Monetisation • B2B • B2C
4 Blockchain Fabrics (Enterprise World)
• Private and Permissioned
• IBM HyperLedge Fabric • Multichain • Intel Sawtooth • R3 Corda • Public • Ethereum
6 Bankchain - Collaborative Alliance of banks for Blockchain
7 BankChain members (in chronological order) State Bank of India Bank of Maharashtra ICICI Bank Bank Dhofar DCB Bank Citibank, N.A. Kotak Bank Indian Bank Federal Bank HDFC Bank Deutsche Bank UAE Exchange Emirates NBD Managed and operated by: Primechain Lulu Exchange Technologies Pvt. Ltd. RAKBANK (National Bank of Ras Al-Khaimah) South Indian Bank National Payments Corporation of India Infrastructure Partner: Skylark Saraswat Bank Information Technologies Pvt. Ltd. RBL Bank TJSB Sahakari Bank Exclusive Cloud Partner: Microsoft CCIL Bank of Baroda Cyber Security Advisor: Data Security Mahindra & Mahindra Financial Services Limited Council of India Export-Import Bank of India Al Fardan Exchange IndusInd Bank Preferred Technology Advisor: Intel Riviera Investors (NBFC) Axis Bank Strategic partner: MEDICIPrim Fintech Yes Bank Pvt. Ltd. Aadhaarshila Enroll Systems Pvt. Ltd. Dubai Islamic Bank Adarsh Credit Co-operative Society Ltd. Preferred Legal Advisor: Jerome BFC Group Holdings W.L.L. Merchant + Partners
Challenges in FinTech and Emerging Tech Development
• Business Outcomes • Services Interoperability • Business Monetisation • Development Agility • Security - Standards • How to Collaborate in the Application Development Ecosystem • Skills Upgradation
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Technology and Innovations as Enabler
• Blockchain • AI • Automation • API / Service Virtualisation • Low Code / No Code Tools (LCNC) • CCL • OTA • Continuous Collaboration • Open Stack • Open Innovation / Alliances / Partnerships 24 • Open Banking Copyright - Sudin Baraokar AR/VR/MR Programs
AR/VR/MR
Move Payment Ecosystem View
Collect Gamification and Tokenisation
Lend Financial Inclusion Ecosystem Opportunities
Secure Reg-Techfication
Protect Insure-Techfication
Advise Edification and Ethical AI
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Selection Criteria for RPA Solution
Functions Integration Intelligence
HR Resume Rules Confidence Index
Parsing
Payments Transaction Multiple Channels Resolution
Validation Patterns
Contact Automated Customer Banking Functions
Center Response Applications Coverage
Risk Audit Risk Models Emerging
Management Automation Models
Vendor Procurement Application Tool Utilisation
Management Automation Ecosystem 26
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Customer Experience Opportunities
Bank in a Box Real Time Customer Analytics Feedback - AI/Cognitive based
Push Digital Wake
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Innovation Opportunity Graphs - aionthefly.io Lock in vs. Open Stack
Application Function based Automation
Run the Bank -
Change the Bank - Proprietory Stack Open Stack
Application Development based Automation
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Innovation Opportunity Graphs - aionthefly.io Huge Opportunity in Risk Management
Financial Inclusion Analytics
Credit Model
KYC Copyright - Sudin Baraokar 29 Innovation Opportunity Graphs - aionthefly.io Huge Opportunity in Data
Synthetic Data Regulations
Privacy
KYC
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Innovation Opportunity Graphs - aionthefly.io Huge Opportunity in Banking Models
Reg-Tech FS - LDM
Fin-Tech Sup-Tech
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Innovation Opportunity Graphs - aionthefly.io Huge Opportunity in Banking Security
http://bankchainasset.com Building Asset Management DeepTech http://aionthefly.io Automating API and Model Development
