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May 5, 2024 | 
shailendramalik.medium.com | Shailendra Malik
India is in the middle of its 2024 general elections and in general the temperature in media, political circles and normal conversations among people is at it feverish high. By all indicators, it is looking like BJP is going to win its third consecutive term in power and Narendra Modi will be in same pedigree of Pt. Jawaharlal Nehru to get the distinction of winning three general elections.
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Mar 21, 2024 | 
finextra.com | Chris George |Nick Green |Priya Kumari |Shailendra Malik
Centuries of history and decades on the high street mean that traditional banks, like the UK’s ‘big four’ of Barclays, Lloyds, HSBC, and Natwest, are often perceived by customers to be the most trustworthy, appealing option. However, since the UK began authorising
the opening of new banks over a decade ago, numerous challengers have emerged. And many of these banks are using advanced technology to create innovative financial services that attract new customers.
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Mar 12, 2024 | 
finextra.com | Scott Dawson |Shailendra Malik |Rodrigo Zepeda
Financial institutions protect the financial system and play a critical role in preventing money laundering, including the tough challenge of trade-based money laundering (TBML). In TBML, criminals exploit legitimate trade channels to conceal illegal money,
thereby jeopardizing financial stability. Detecting and preventing TBML is crucial for maintaining a strong global financial system.
Understanding TBML:
TBML means manipulating trade transactions to clean money.
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Dec 12, 2023 | 
finextra.com | Mike Kresse |Mark Nutt |Shailendra Malik
In part three of the series
(Current Techniques in Identity Verification: Establishing a Chain of Trust) we started discussing the tests that computers can perform to verify a person’s identity. We ended that with a discussion of how ID document verification can be used to establish
that you are dealing with a true identity. In this article we build on that and continue to complete the summary of the state-of-the-art tests available in identity verification.
Are you who you say you are?
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Dec 11, 2023 | 
finextra.com | Mark Nutt |Shailendra Malik
As all investors know, there can be no reward without risk. With volumes rocketing, card-not-present (CNP) payments offer the potential to generate handsome rewards. But in parallel, the risk of fraud is escalating and CNP fraud now accounts for around
73% of total card fraud. This blog considers how payment providers can balance the risks and rewards of a flourishing market.
The ubiquity of online and remote shopping has driven the exponential increase in CNP transactions.
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Dec 6, 2023 | 
finextra.com | Mark Nutt |Shailendra Malik
Whether your source of news is the FT, the BBC or the Daily Mail, headlines of data related business outages, and associated credibility damage are on the rise. From data outages to increasingly audacious ransomware attacks on all levels of public and private
organisations– data management has become a mainstream topic and highly visible.
Today, data security, accessibility and management are the most significant aspects of reputational risk to any financial institution.
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Dec 6, 2023 | 
finextra.com | Shailendra Malik |Fatemeh Nikayin
Whether your source of news is the FT, the BBC or the Daily Mail, headlines of data related business outages, and associated credibility damage are on the rise. From data outages to increasingly audacious ransomware attacks on all levels of public and private
organisations– data management has become a mainstream topic and highly visible.
Today, data security, accessibility and management are the most significant aspects of reputational risk to any financial institution.
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Dec 4, 2023 | 
finextra.com | Shailendra Malik |Fatemeh Nikayin
So far in this series we’ve addressed how humans establish trust in a person’s identity
(The Foundations of Identity Verification: Trust and it's Pillar's) and the challenges
and opportunities computers face when performing the same task (Computerized Trust: How Machines Establish Our Identity).
In this third part of our five-part series, we move into some of the actual techniques that are prevalent in the identity verification market today.
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Nov 22, 2023 | 
shailendramalik.medium.com | Shailendra Malik
In the fast-paced world of project management, staying ahead of timelines and ensuring seamless collaboration among team members is crucial. With the advent of Language Model (LLM) and Artificial Intelligence (AI) technologies, project managers now have powerful tools to streamline project tracking tasks. Let us explore how project managers can leverage LLMs and AI tools to enhance their efficiency and accuracy in project tracking and the latest tools available for these activities.
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Nov 20, 2023 | 
shailendramalik.medium.com | Shailendra Malik
I wanted to write about this and felt intrigued by the response this picture generated in South Asian communities. I saw many Pakistani handles taking offense from this picture and Mitchel Marsh's attitude. Why is this outpouring of emotions? I am inquisitive because we're very close to nailing down why we may falter at these events' last steps. This is close to many Indians' hearts, so I am sure some of this sensitivity is in our players, too. Why do we think that the Trophy is sacred?
