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TCS launches digital bank guarantee platform in Israel


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TCS launches digital bank guarantee platform in Israel
10 December 2020
Source: Tata Consultancy Services
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, has launched a new transformative Digital Bank Guarantee platform, powered by the Quartz® Blockchain solution, as part of the Banking Service Bureau (BSB), operated by TCS for the digital banking industry in Israel.
Bank Hapoalim, Israel’s largest bank that currently manages more than 30% of the total bank guarantees in the country, has signed up as the anchor customer for the platform. ....

N Ganapathy Subramaniam , Digital Bank , Digital Bank Guarantee Saa , Banking Services Bureau , Bank Hapoalim , Digital Bank Guarantee Saas , Microsoft Azure , Accountant General , Quartz Blockchain , Ganapathy Subramaniam , Quartz Smart Ledgers , Digital Bank Guarantee , ச்சனியான கணபதி சுப்ரமணியம் , டிஜிட்டல் வங்கி , டிஜிட்டல் வங்கி உத்தரவாதம் சா , வங்கி சேவைகள் பணியகம் , வங்கி ஹப்போலிம் , டிஜிட்டல் வங்கி உத்தரவாதம் சாஸ் , மைக்ரோசாஃப்ட் நீலமான , கணக்கர் ஜநரல் , குவார்ட்ஸ் ப்ளாக்சைன் , கணபதி சுப்ரமணியம் , குவார்ட்ஸ் புத்திசாலி லெட்ஜர்கள் , டிஜிட்டல் வங்கி உத்தரவாதம் ,

Tata Consultancy launches new blockchain-based digital bank guarantee platform in Israel


News
Tata Consultancy launches new blockchain-based digital bank guarantee platform in Israel
Thursday 10 December 2020 08:15 CET | News
Tata Consultancy Services (TCS) has launched a new transformative Digital Bank Guarantee platform, powered by the Quartz Blockchain solution, as part of the Banking Service Bureau (BSB), operated by TCS for the digital banking industry in Israel.
TCS’ Digital Bank Guarantee SaaS platform runs on Microsoft Azure and helps banks digitally transform the end-to-end lifecycle of guarantees, including issuance, modification, termination, and invocation. Support for open APIs defined by various beneficiaries – such as government entities, corporates, SMEs and individuals – enables the sharing of data with them, eliminating the need for separate individual interfaces. The use of hyper-automation will help banks improve speed of execution, reduce fraud and manual errors, and enhance transparency, security, and data privacy. ....

Banking Service Bureau , Digital Bank , Digital Bank Guarantee Saa , Tata Consultancy Services , Digital Bank Guarantee , Quartz Blockchain , Digital Bank Guarantee Saas , Microsoft Azure , Accountant General , வங்கி சேவை பணியகம் , டிஜிட்டல் வங்கி , டிஜிட்டல் வங்கி உத்தரவாதம் சா , டாடா ஆலோசனை சேவைகள் , டிஜிட்டல் வங்கி உத்தரவாதம் , குவார்ட்ஸ் ப்ளாக்சைன் , டிஜிட்டல் வங்கி உத்தரவாதம் சாஸ் , மைக்ரோசாஃப்ட் நீலமான , கணக்கர் ஜநரல் ,