SBI takes lead in blockchain, to use it to prevent fraud

MUMBAI: State Bank of India has taken the lead in bringing lenders and tech companies together for using blockchain technology to share information among banks which will eventually help prevent frauds and tackle bad loans which are almost one-fifth of banks' loan book. The SBI's initiative, christened Bankchain, is in partnership with IBM, Microsoft, Skylark, KPMG and 10 commercial banks....

Blockchain – The Next Banking Blockbuster?

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“Let’s not throw the baby with the bath water”, is what the financial services industry seems to be saying. While they didn’t quite warm up to the Bitcoin, they are clearly embracing the Internet of Value that has been made possible by blockchain, the crypto-currency’s underlying technology, akin to internet/web for information. Today, blockchain is one of the most...

How Blockchain Will Evolve In 2017

In the past, blockchain -- which is known as a distributed ledger technology for both financial and non-financial transactions -- seemed like a mysterious concept that only technologists could understand. However, the various advancements in blockchain applications in 2016 helped more people and more businesses see its potential. For others in the business environment, blockchain is something they're still just exploring. But...

How automation firm Falcon helping clients deliver products to workers

Ever wondered how an e-commerce company fulfills thousands of orders everyday—picking up the product from the warehouse nearest the delivery address, packing it properly, labelling it with the right barcode and mandatory receipts, and then ensuring that it reaches the customer in minimal time? While an army of men and machines...

Digital transformation is disrupting quality assurance too: Capgemini

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Digital transformation is creating challenges in quality assurance and testing operations for many CIOs as they find a tension between methods used for legacy technology and methods used for more modern technology, according to the eighth annual World Quality Report from Capgemini. As enterprises adopt new technologies like the Internet of Things (IoT) and other digital tools that change the...

Tata Motors launches new, agile sub-brand TAMO

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Tata Motors Ltd announced the launch of a new, agile, sub-brand called TAMO, which will incubate new technologies and make cars to meet expectations of consumers, as the Indian carmaker aims to future-proof its business. Automakers, especially technology laggards, have come under pressure from ride-sharing companies such as Uber, and technology giants Google and Apple that are investing in building...

How DevOps, agile spurred Slack enterprise adoption

If Jennifer Manry has her way bots will automate much of the repetitive and onerous workplace activities that consume her Capital One colleagues' time and effort. But until then the bank's vice president of workforce technology is busy helping 40,000 employees get more comfortable with new software from Slack, which allows corporate workers to instant message each other and...

Agile and DevOps: Better Together?

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Organisations across Europe believe that using an Agile methodology for software development can vastly improve the customer experience, while using DevOps can boost revenue from new sources. A new report commissioned by software company CA said that 67 percent of UK organisations using an Agile methodology saw an improvement in customer experience, while firms using DevOps practices report a 38...

Machine learning helps researchers design less costly optical sensors

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Finding practical solutions to detect proteins, cancer biomarkers, viruses and other small objects has been a key challenge for researchers worldwide for decades. These solutions hold promise for saving lives through more timely diagnosis and treatment of serious infections and diseases. Now a UCLA team’s new research shows how such detections might be done for a fraction of the cost...

Re-imagining the automation disruption

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The idea of machines and humans coexisting as co-workers to complement each another is arguably a more realistic one than AI replacing humans completely. Photo: iStockphoto It’s called the Fourth Industrial Revolution. Curiously, rapid developments happening in fields previously thought to be disjointed are now amplifying each other.   We are seeing this in the areas of artificial intelligence (AI), machine learning,...