Ajitesh Das’ Post

💡 Another impressively successful use case for #Atoti: learn how the Atoti's solution enables Erste Digital to provide optimised collateral trading operations for Erste Group Atoti has been chosen for its unique capabilities to support efficient and economical liquidity management and collateral usage across the group. #liquiditymanagement #collateralOpimization #riskanalytics #realtimeanalytics #ActiveViam #inventoryanalytics #regulatoryCompliance

As India's digital economy continues to expand, the need for reliable payment gateways has never been greater. Our blog takes a closer look at the top 10 payment gateways that are shaping the landscape, including Razorpay, CCAvenue, and PayPal India. Whether you're a startup or a large enterprise, understanding the options can help you make informed decisions for smoother, more secure transactions. #Fintech #PaymentGateway #IndiaBusiness

GM readers! 👓 On April 2, 2024, the Monetary Authority of Singapore (MAS) announced that the amendments ushered in by the Payment Services (Amendment) Act, 2021 to the Payment Services Act were to take effect from April 4, 2024. In our latest HODL article, Medha Srivastava delves deep into the implications of these amendments, particularly for DPT service providers. The analysis in the article navigates through the discussions about the impact of the amendment on web3 businesses, shedding light on how custody service providers and DeFi protocols would have to adapt to the amended regulatory environment. Read the article here 👉 https://lnkd.in/gWXuBMmj

Share your digital transformation insights and best practices with fellow industry leaders at our two-day summit on cloud banking in the Americas.

wCBDC design : a case for unified ledgers and subnets, common standard for tokenisation and inteoperability than delegated issuance or synchronised links or private token money ?

Social narratives can overwhelm Critical National Infrastructure. https://lnkd.in/eGheJuPS #CNI #InformationSupplyChain #InformationResilience #SocialSituationalAwareness #EgregiousAI

Predicting Growth for Clearing Houses and Scheme Operators in 2024 In this insightful video article, Paul Ruggieri, Senior Vice President of Real-Time Payments at Mastercard, discusses the growth opportunities for clearing houses and scheme operators in the year 2024. Ruggieri emphasizes the importance of open access and infrastructure modernization for further progress in payment markets. One key aspect highlighted in the discussion is the need for standardized communication strategies between operators and payment systems. This standardization is crucial for facilitating seamless transactions, especially in the context of cross-border payments. Ruggieri stresses the significance of interoperability and the prioritization of standardization to enhance the efficiency and effectiveness of these transactions. To ensure smooth cross-border transactions, Ruggieri mentions leveraging ISO 20022 data and artificial intelligence (AI) for fraud prevention, resilience, and scalability. By harnessing these technologies, clearing houses and scheme operators can effectively address the challenges associated with international transactions, providing enhanced security and reliability. The article also emphasizes the importance of collaboration between industry participants, including payment operators, regulators, and technology providers. Such collaborations foster innovation and enable the development of robust payment infrastructures that can support the predicted growth in clearing houses and scheme operators. Overall, this video article provides valuable insights into the future of clearing houses and scheme operators in 2024. It highlights the need for modernization, standardization, and collaboration to unlock growth potential in the payment industry. Professionals in the financial and technology sectors should pay attention to these trends to stay ahead in an evolving landscape. Read more: [https://lnkd.in/g_pS9t25] #FinTech #PaymentIndustry #FutureTrends #Collaboration

Project mBridge a key focus at Sibos 2024 with speakers stressing the need to address growing pains https://lnkd.in/gTJKbVNy #CBDC #Payments #CrossBorder #Technology #DigitalPayments 

💳 The G20 nations have collectively endorsed a Roadmap to enhance cross-border payments so that they are cheaper, faster, more inclusive and more transparent. 🃏 While this ambition is welcomed, the scope of the work required to operationalise is substantial and requires collaboration between public and private sectors - an effort that UK Finance has been supporting on behalf of our members, and working with the international industry and coordinating bodies FSB, BIS and CPMI*. 🎴 This webinar brings together industry leaders and stakeholder representatives to explore practical actions to enhance cross-border payments. The panel will review the current landscape for cross-border payments setting out the frictions and challenges, such as fraud, that both the public and private sectors are seeking to address, and the leadership and innovation by the payments industry in solving for a number of these challenges.   Central to the Roadmap’s ambition is the interlinking of domestic and regional instant and faster payments systems (FPS) to transact across international borders. The panel will explore what is meant by ‘interlinking’ of instant and near-instant payment schemes and draw on the experiences and insights from the various approaches that are operational today and those that are under development, including the role of new technology such as blockchain developments. Drawing on an industry-led assessment of international FPS schemes, the panel will set out industry’s recommendations to further interlinking: elements in which public sector support is required and areas in which the private industry can collaborate and innovate. Combined, these proposed initiatives and recommendations seek to advance and realise the ambitions of the G20 Roadmap for cross-border payments. * FSB: Financial Stability Board is an international body that monitors and makes recommendations about the global financial system. BIS: Bank of International Settlements is owned by 63 central banks, it supports central banks' pursuit of monetary and financial stability through international cooperation. CPMI: Committee on Payments and Market Infrastructures promotes, monitors and makes recommendations about the safety and efficiency of payment, clearing, settlement and related arrangements.

The world of global payments is messy, slow, and expensive—yet it doesn’t have to be. At PsiFi, we’ve spent countless hours building something better. A platform designed with simplicity at its core, but powerful enough to break through outdated systems and unnecessary barriers. With PsiFi, sending money internationally becomes an effortless process, whether you’re supporting loved ones or running a business. No delays, no sky-high fees—just instant, secure transactions no matter where you are. What excites me the most is that this isn’t just about tech; it’s about empowering people. We’re in this for global financial freedom. This is about more than payments—it’s about ensuring money moves as fast as you can think. There’s a long road ahead, but we’re here to lead the way.