Express Computer – Green Banking – Paving the Way for Environmental Responsibility in Finance

As climate change casts a long shadow over our planet, a silent revolution is brewing within the financial world: Green Banking. This movement transcends mere profit margins, pushing financial institutions to embrace environmental responsibility and pave the way for a sustainable future. But what exactly is Green Banking, and how is it changing the game?

Green Banking encompasses a holistic approach to financial services, weaving environmental considerations into every aspect of its operations. From internal practices like reducing paper usage and powering offices with renewable energy to external strategies like offering green loans and supporting sustainable businesses, it’s about aligning financial decisions with ecological well-being.

One of the cornerstones of Green Banking is green financing. Imagine banks acting as eco-conscious matchmakers, channeling investments towards renewable energy projects, green infrastructure development, and sustainable farming practices. These “green loans” not only benefit the environment but also offer investors attractive returns, creating a win-win scenario for both the planet and the bottom line. The numbers speak for themselves: the global Green Finance market is expected to reach a staggering $31 trillion by 2025, growing at a CAGR of 25.7%. Globally green bond issuance topped more than half a trillion dollars in the first six months of 2023, issuance from corporates and governments rose 18.6% compared to the same period in 2022.

Green Banking is about cultivating a sustainable future where financial success thrives alongside environmental well-being. The ripples of this movement extend far beyond reducing carbon footprints, offering a rich harvest of economic and social benefits.

Economic bounties :

Job growth: Green technologies often require specialized skills, fostering the creation of new green jobs in fields like renewable energy, energy efficiency, and sustainable agriculture. For example, a study by the International Labour Organization estimates that transitioning to a low-carbon economy could create 24 million new jobs globally by 2030. A recent study by the World Bank estimates that Green Banking can create upwards of 60 million new jobs globally by 2030, a significant boost to sustainable economic development.

Enhanced Competitiveness: Investing in green technologies and adopting sustainable practices can reduce operational costs for businesses, making them more competitive in the long run. In India, the Bank of Baroda’s green loan program helped a textile company significantly cut its energy consumption and water usage, leading to increased profitability

Financial stability: Mitigating climate change risks by supporting renewable energy and adapting to climate impacts reduces vulnerabilities for financial institutions and the wider economy. For instance, Swiss bank UBS has integrated climate change considerations into its risk management framework, strengthening its resilience against potential climate-related financial threats.

Social dividends:

Improved public health: Transitioning to cleaner energy sources reduces air and water pollution, improving public health and well-being. In China, ICBC’s green bond issued in 2017 financed wind and solar power projects, estimated to avoid 1.2 million tons of carbon dioxide emissions, and significantly improve air quality in surrounding areas.

Community development: Green Banking initiatives can provide financing for local communities to invest in sustainable infrastructure, renewable energy, and eco-friendly businesses, driving economic growth and improving quality of life. For example, Citibank’s community development loans in Brazil have supported sustainable agriculture projects, empowered local farmers, and strengthened food security.

Equity and inclusion: By promoting access to green financial products and services for underserved communities, Green Banking can contribute to reducing economic inequality and fostering environmental justice. For instance, Banco Santander Mexico’s microcredit program provides loans to entrepreneurs in rural areas to invest in sustainable technologies like solar panels, empowering them and contributing to local development.

Green Banking Initiatives:

KfW Bank (Germany): Provides dedicated green loans for energy efficiency measures in homes and businesses, contributing to Germany’s ambitious climate goals.

HSBC (Global): In 2017 it pledged to provide $100 billion in sustainable financing and investment by 2025, to finance renewable energy projects and sustainable infrastructure, supporting the transition to a low-carbon economy.

Bank of America (US): Offers carbon-neutral investment options for customers, enabling them to invest in environmentally responsible companies and projects.

These are just a few examples, and the potential economic and social benefits of Green Banking are vast and diverse. As the movement continues to gain momentum, we can expect to see even more innovative initiatives that contribute to a healthier planet and a more equitable future for all.

Building a sustainable future: Green Banking isn’t just a fad; it’s the fertile ground for a future where finance blossoms in harmony with the environment. By nurturing this movement through collaboration, innovation, and responsible choices, we can ensure that the seeds of sustainability planted today bloom into a thriving forest of well-being for generations to come. Green Banking offers a unique opportunity to align financial success with environmental responsibility, ensuring a prosperous future for both people and the planet. It’s time to let this movement flourish, sprouting a sustainable financial landscape that benefits all.

Collaborations for a green banking future:

Banks and policymakers: Banks can collaborate with policymakers to develop clear, standardised regulations for green finance, incentivize green investments, and create a level playing field for sustainable businesses.

Banks and environmental NGOs: Partnerships with NGOs can provide banks with expertise in assessing the environmental impact of investments, connecting them with green project developers, and engaging in community outreach to promote environmental awareness.

Banks and technology providers: Collaboration with technology companies can accelerate the development and adoption of innovative green finance platforms, data analysis tools, and other technologies that can empower banks to operate more sustainably and profitably.

International collaboration: Sharing best practices and knowledge around Green Banking through international forums and agreements can accelerate the global transition to a sustainable financial system.

Green banking starts with you:

Greener finance isn’t a future fancy, it’s a present imperative, and we are the gardeners. Each choice we make, from the chosen bank to the food on our plates, sows a seed in the fertile soil of tomorrow. This garden needs to be cultivated with purpose, by choosing those who nurture renewables, investing in companies that cradle the planet, and embracing green travel with mindful consumption. Every seemingly small action, like supporting eco-friendly businesses, acts as a potent fertilizer for a thriving future. Financial and environmental well-being require our cultivation, and with each responsible choice, their future blooms, one action at a time. This isn’t a mere suggestion, it’s a necessity, and the power to cultivate lies within our reach.


Techurate bags award for innovation in ‘Smart Branch – Enabling Virtual Banking’ at Technoviti Awards 2023

Mumbai 3th may 2023: Techurate Systems Pvt Ltd, a Global Smart Banking technology company received the award for innovation in “Smart Branch – Enabling Virtual Banking” in the Technoviti Awards 2023. The 9th Edition of Technoviti Awards 2023 was held in Mumbai on the 26th of April. There were 42 nominations which underwent scrutiny of the jury members and EY on the innovative quotient of the product ‘Smart Branch’ before conferring this prestigious award to Techurate.

Reacting to the announcement, Sandeep. P, Co-founder, and Head of Innovations at Techurate said “We are thrilled on receiving this prestigious award. This is a great endorsement to the brilliant work done by all here at Techurate. This recognition will only drive us harder to create more disruptions in innovating banking solutions and strive to achieve larger financial inclusion in under-served markets”

Smart Branch Solution is an intelligent automation solution for Banks to digitalize the customer interactions ranging from Onboarding, deposits, withdrawals etc. It helps replace paper- based system and promotes Green Banking. The solution comprises of paperless workflow management solutions, smart operations, and smart assistants. It also provides Business Analytics and Reporting for management.

The simple and effective user Interface is easy and simple to use for customers. It has image-capture functionality, to capture deposit/withdrawal slips and forms and this process eliminates manual proofing and encoding. Smart branch solution can be used as a bank’s extended branch through their agents to reach out customers at remote places where bank branches are not available, which helps in financial inclusion of small mid-sized cooperative banks. It has a simplified web view for fund transfers without logging into core banking. Inbuilt Tokens Management system to reduce customer wait time and an inbuilt task list and monitoring for the bank user. The smart branch can act as ATM, enabling local retailers as a medium.

“Although India has seen ample technological advancements in banking sector, Indian cooperatives still have a lot to catch up with high-tech resources as compared to commercial banks. Digitization is becoming more popular in areas where financial services are not well-developed or struggling. This means that there is a demand of online financial activities through digital channels, such as mobile apps or websites. This can make financial services more accessible and convenient for people who may not have had access to them before” added Sandeep.

About Techurate

Techurate is a Global Smart Banking technology company with a fine blend of technology skills, strong domain knowledge, 500+ man years of industry experience in IT. Techurate has worked in several highly under-banked nations and has successfully leveraged the power of Digital in bringing a vast audience into the organised banking fold. Headquartered in Bangalore, the company has served around 250+ Banks and Financial Institutions across 15+ geographies globally in a short span.

With its flagship products and services, the company has scripted several success stories in emerging markets like Zambia, Cameroon, Botswana, that they are looking to repeat in Latin America and India.

Techurate provides highly customised Digital Banking Technology Solutions for Banks and Financial Institutions that systematically deliver greater agility, measurable business value and enhanced customer experience. For further information visit the website

(Disclaimer: The above content is a press release. PTI takes no editorial responsibility for the same.)


Techurate’s Products and Services are designed to offer price and scalability to the cooperative banks in India: COO

The banking industry is in the midst of a massive digital transformation. Technology has enabled unprecedented innovations in how people access and manage their finances. Digital banking has emerged as an area of rapid change and development. The future of digital banking promises further disruption through emerging technologies, new business models, and evolving customer expectations.

As the pace of change accelerates, the banking sector needs to anticipate coming trends to remain competitive and relevant. Mobile banking now dominates as more people rely on smartphones to manage their money on the go. Open banking is enabling new services through secure data sharing. Chatbots and voice assistants are streamlining more customer interactions.

Artificial intelligence and machine learning are enhancing security, personalization, and automation. Fintech startups continue to challenge the status quo. The future of digital banking will be defined by how traditional banks choose to respond and adapt to these disruptive forces reshaping the industry. The winners will be those that can leverage new technologies and partnerships to deliver innovative customer experiences.

As the COO at Techurate Systems, how have you ensured successful market penetration in India across various sectors, ranging from small-sized banks to larger institutions?

Techurate as an Enterprise specialising in Digital banking Solutions has traditionally been a Middle East & Africa-centric Operation. Late in 2021, we partnered with Modus Systems, a partner to Finacle for CBS Implementation in going live with our first Cooperative Bank in Nagpur ( Nagpur Nagrik Sahakari Bank). This gave us an insight into the vast opportunity in the cooperative banking segment in India. The need for these banks to go digital was very high and needed a service provider to work with them in a consultative mode on a sustainable price point model.

The Expansion of Techurate in India hinges on riding along with Value Partners who are deeply entrenched in this segment. These are corporates engaged in CBS and Managed Network services to these banks. Together we present the most credible option to these customers for a winning Digital Transformation programme.

Could you elaborate on the specific strategies and initiatives that Techurate Systems has employed to effectively cater to the diverse needs of small-sized banks and larger financial institutions?

For the Smaller Banks and Financial Institutions, our Product strategy is twofold.

We have curated a low-cost version of our flagship product Tigiverse called Tigiverse Lite . This is disruptive on both price and deployment. A subscription-based service rolled in as a Bank – in – a – Box. Zero Capital expenditure to the bank where in they get a fully RBI compliant Mobile & Internet Banking platform with some degree of customization. It’s pertinent to note that we are probably the fewest of Enterprises that have a fully time-tested, RBI-compliant Core and a digital banking stack on the Tap to such customers. It’s the product diversity at an affordable price which wins the customer for us.

The goto market is the fastest since there is no local data centre / Infrastructure requirement for the bank to procure. Services on the go. To a greenfield bank, we offer the complete core and digital set-up in a few weeks of deployment time which makes the tipping difference.

How has Techurate Systems adapted its products and solutions to meet the unique requirements of different sectors within the Indian market? Can you provide some examples of successful implementations?

Techurate’s Products and Services are designed to offer price and scalability to the cooperative banks in India. It is custom-built for a green field bank or a bank wanting to upgrade, a complete product suite of Core + Digital that covers the spread of CBS along with Mobile and Internet banking.

Add on digital modules designed for India like Door step banking, social media banking, Online to Offline services, and Financial Inclusion modules like Agency Banking, and AEPS.

For specific communities like Farmers, we have a time-proven, e-commerce platform called the Virtual Farmers market which we have successfully operated in underbanked countries in Africa.

In short, as a product strategy we target the bigger cooperative banks with our Flagship Tigiverse platform which presents a high score on the price–value equation to these customers. For the Tier 2, 3 and Rural banks, we offer the Tigiverse Lite, the low-cost version of Core + Digital solutions on a SaaS pricing. This offers the best services at No Capex load to the Target Market.

What challenges did Techurate Systems encounter while expanding its services to larger banks, and how did you overcome them to establish a strong presence in the sector?

Techurate is fortunate to have started its Digital Banking journey in 2015 when most Medium and Large banks were adopting Digital around the same time. It’s our inherent belief that the cycle of Digital began with the first stages of Digitization, moving on to the Digital Transformation phase and culminating in the Digital Reinvention phase which will hit us in a few years.

Since we had a prime mover advantage, we could start with Large banks in Africa early in our journey. The credibility and the legacy that we built in the first few years helped us in adding more customers to the stable. The Banking solutions space is a very word-of-mouth driven Business. It’s a domino effect. One good customer reference leads to more. We simply focused on creating happy customers in the first 3 years. This foundation helped us to scale up faster in the next phase.

In terms of market penetration, what are some key lessons you have learned from working with small-sized banks that have helped Techurate Systems successfully navigate the transition to larger-scale institutions?

Our Market penetration cycle was Inverse. We started with Larger banks and then moved to the smaller ones in India banking on the learnings and the enhanced product stability. This helped us in having the bandwidth both in terms of experience and Financial resources to curate the right price point for smaller banks.

The key consideration for servicing smaller banks is the be prepared for a Hockey stick revenue curve. This needs depth and a long-term view to build this segment.

Our India entry is by design late to give us that edge in building the cooperative segment here in a sustainable manner. It’s like the time IKEA took to enter India. A late entrant, but now a formidable force in affordable gear.

How does Techurate Systems plan to further expand its market share in the Indian banking sector? Can you outline any upcoming strategies or initiatives aimed at capturing new opportunities and sustaining growth?

Our India plan has a sharp focus on the cooperative banking sector. Our GTM plan is based on value partnerships to present a credible face to these prospects. We are extremely confident in the strength of our products. We have an 11-year history of servicing Financial Institutions in India with more than 350 institutions including leading cooperative banks that have used our services. More than a Million end customers use our products via these Institutions.

Against the backdrop of this strength, we plan to aggressively push ourselves into the semi-urban and even the rural sectors via the RRBs. Financial Inclusion for India on an accelerated mode is our endeavour. Ultimately, leveraging the diversity of our product platform to bring in affordable banking services thus Transforming lives is our mission. We are steadfast on this and we intend to make this happen sustainably.


The Future of Digital Banking: Anticipating Disruptive Trends and Innovations

The banking industry is in the midst of a massive digital transformation. Technology has enabled unprecedented innovations in how people access and manage their finances. Digital banking has emerged as an area of rapid change and development. The future of digital banking promises further disruption through emerging technologies, new business models, and evolving customer expectations.

As the pace of change accelerates, the banking sector needs to anticipate coming trends to remain competitive and relevant. Mobile banking now dominates as more people rely on smartphones to manage their money on the go. Open banking is enabling new services through secure data sharing. Chatbots and voice assistants are streamlining more customer interactions.

Artificial intelligence and machine learning are enhancing security, personalization, and automation. Fintech startups continue to challenge the status quo. The future of digital banking will be defined by how traditional banks choose to respond and adapt to these disruptive forces reshaping the industry. The winners will be those that can leverage new technologies and partnerships to deliver innovative customer experiences.

The Rise of Fintech and Challenger Banks

The rise of financial technology (fintech) companies and digital challenger banks is transforming the banking industry. These innovative startups are leveraging technology to provide faster, more convenient, and often cheaper financial services compared to traditional banks.

Fintech companies utilize artificial intelligence, big data, and automation to streamline lending, payments, money transfers, and wealth management. Challenger banks, like Monzo and Revolut, are branchless digital banks that offer banking services through mobile apps and online platforms. By cutting out physical locations and legacy technology infrastructure, challenger banks can provide low-fee or free basic banking services.

The adoption of fintech solutions and challenger banks is accelerating, especially among tech-savvy Millennials and Gen Z. A 2019 survey found that 71% of Millennials would switch from their traditional bank to a challenger bank. Incumbent banks risk losing customers and market share if they do not keep up with this digital disruption.

To stay competitive, traditional banks must invest in digital transformation by modernizing IT systems, developing mobile apps, and partnering with or acquiring fintech startups. Banks should focus on personalizing services, using data analytics to gain customer insights, and streamlining processes with automation. Partnerships or acquisitions of fintech companies can help banks gain technical expertise and bring innovative products to market faster.

Leading Indian banks like ICICI Bank, HDFC Bank, and Kotak Mahindra Bank were among the first to roll out open banking APIs in India. ICICI Bank, for example, launched its open banking platform in 2018. The platform allows third parties to access over 200 APIs across accounts, cards, deposits, loans, bill payments, and more. HDFC Bank and Kotak Mahindra Bank also provide third parties-access to APIs across their range of banking products and services.

By providing access to open banking APIs, Indian banks are preparing for the digital banking revolution. They are opening themselves up to partnerships with fintech and technology companies to build innovative customer experiences. They are also gaining valuable insights into customer needs and behaviors from third parties that leverage their open APIs. Overall, the rise of open banking APIs positions Indian banks to benefit from the innovations of the wider fintech ecosystem and better compete in the digital economy. The future of banking in India is open.

AI, Big Data, and the Personalized Customer Experience

Personalized Banking Experiences

As AI and big data analytics continue to advance, banks will gain a much deeper understanding of their customers. Using AI to analyze huge amounts of customer data, banks can build highly personalized profiles and provide tailored products and services for each customer.

AI-powered chatbots and virtual assistants can have personalized conversations with customers to understand their unique needs and make useful recommendations. For example, AI may determine that a customer wants to save for their child’s college education. The AI assistant can then suggest specialized college savings plans and investment options tailored to the customer’s risk tolerance and time horizon.

Banks will also use big data and AI to predict customer needs and take proactive actions. If a customer’s income or spending patterns change in a way that suggests financial hardship, the bank may temporarily waive fees or reduce loan payments. Similarly, if a business customer’s transactions indicate plans for expansion, the bank can suggest new credit products to support their growth.

With embedded AI and access to customer data, banks can build apps that provide personalized insights and tools for managing money. Customers will have a consolidated view of all their accounts, budgets, bills, investments, and financial goals in one place. The apps can analyze customer data to provide useful metrics, spending alerts, and recommendations to improve financial well-being.

In summary, advanced AI, predictive analytics, and big data will enable banks to gain a 360-degree view of their customers and provide hyper-personalized experiences. Customers will receive tailored advice and products that match their unique financial situations and needs. As open banking frameworks take hold, customers will also be able to securely share data with third-party apps and services to build an even more comprehensive understanding of their finances. With personalization at the forefront, the future of digital banking looks bright.


As the world of banking continues its rapid evolution into a digital-first industry, financial institutions must stay ahead of emerging trends and innovations to meet customer needs, improve service, increase efficiency, and drive growth. By investing in advanced technologies like AI, blockchain, and open banking platforms, banks can gain valuable data insights, enhance security, streamline operations, and build more personalized customer experiences. However, with these opportunities come risks that must be managed, like data privacy concerns, job disruption, and the threat of cybercrime. Overall, the future of digital banking looks bright, as long as banks take a proactive and strategic approach to navigating an increasingly complex competitive landscape. With a focus on emerging technologies, open collaboration, and customer-centric design, banks around the world can thrive in the digital age.


RPA: A software technology that is Revolutionizing Industries and Work Processes

Robotic Process Automation (RPA) has emerged as a vital force driving digital transformation across industries. A study conducted in 2022 revealed that a significant 78 percent of organizations were actively implementing RPA, with an additional 16 percent planning adoption within the next three years.

So, what exactly is RPA? RPA is a software technology that enables the creation, deployment, and supervision of software robots capable of emulating human interactions with digital systems and software. These robots possess the ability to understand on-screen content, execute appropriate actions, navigate systems, extract data, and perform predefined tasks. The advantage of software robots lies in their ability to perform tasks quickly and consistently without interruptions or breaks.
RPA is fast and affordable; it operates on the user interface level which eliminates the need for complex back-end integration. Consequently, business processes accelerate, error rates significantly decrease, and employee engagement is enhanced. Moreover, costs are reduced, revenue grows, and the customer experience is elevated.

If you are wondering where this game-changing technology can be unleashed. The answer? Everywhere. RPA’s versatility knows no boundaries, infiltrating industries like finance, healthcare, manufacturing, and the public sector. It optimizes operations in domains ranging from finance and compliance to customer service and IT, leaving a trail of innovation in its wake.
The versatility of RPA enables its application in virtually any high-volume process driven by business rules. Additionally, RPA is increasingly used for cognitive processes that require advanced AI capabilities. In essence, RPA transcends boundaries, empowering organizations to optimize a wide range of operations and leverage its transformative potential.

What are some attractive features of RPA?

  • Delegates repetitive and low-value tasks to software robots: RPA allows organizations to offload mundane, rule-based tasks to software robots, freeing up human employees to focus on more strategic and value-added activities. This leads to increased employee satisfaction and engagement.
  • Revolutionizes work processes globally: RPA has the potential to transform work processes on a global scale. By automating various tasks and workflows, organizations can streamline their operations, improve efficiency, and achieve significant time and cost savings.
  • Impacts activities such as system logins, file management, data extraction, form completion, and routine analysis: RPA can handle a wide range of activities across different systems and applications. It can perform tasks such as logging into systems, managing files, extracting data from various sources, completing forms, and conducting routine data analysis, among others.
  • Engages in cognitive processes, including text interpretation, conversational interactions, comprehension of unstructured data, and the application of complex machine learning models: RPA is not limited to simple tasks. Advanced RPA solutions can leverage cognitive capabilities, such as natural language processing, to interpret and understand text, engage in conversations with users or customers, comprehend unstructured data, and even apply complex machine learning models for predictive or analytical purposes.
  • Increases efficiency and productivity by automating manual tasks: RPA eliminates manual intervention in repetitive tasks, leading to increased efficiency and productivity. Software robots can work tirelessly 24/7, ensuring tasks are completed faster and without errors.
  • Reduces human errors and improves accuracy: Automation through RPA significantly reduces the likelihood of human errors. By following predefined rules and workflows, software robots perform tasks consistently and with a higher degree of accuracy, resulting in improved data quality and reduced rework.
  • Allows employees to focus on higher-value, strategic tasks: By automating repetitive and time-consuming tasks, RPA enables human employees to focus on more strategic activities that require critical thinking, creativity, and decision-making. This enhances employee job satisfaction and enables them to contribute more effectively to the organization’s success.
  • Enables faster and consistent execution of processes: RPA executes processes at a much faster pace compared to manual execution. Moreover, it ensures consistent execution of tasks following predefined rules and standards, leading to improved process efficiency and reliability.
  • Enhances scalability and agility in adapting to changing business needs: RPA provides scalability by allowing organizations to easily scale up or down their automation efforts based on business needs. It enables quick adaptation to changing process requirements or market demands, allowing businesses to remain agile in a dynamic environment.
  • Provides cost savings by reducing labour costs: By automating tasks that were previously performed by human employees, RPA reduces labour costs associated with repetitive and low-value work. Organizations can achieve significant cost savings by deploying software robots to handle such tasks, leading to a positive impact on the bottom line.
  • Facilitates compliance with regulations and standard operating procedures: RPA can enforce adherence to regulations and standard operating procedures by ensuring consistent execution of tasks, capturing detailed logs of activities, and providing audit trails. This promotes compliance, reduces the risk of errors or omissions, and facilitates regulatory reporting and monitoring.
  • Improves customer experiences through faster response times and improved accuracy in data handling: RPA enables organizations to respond to customer inquiries or requests more quickly and accurately. Software robots can retrieve and process data rapidly from multiple systems, leading to faster query resolution and improved customer satisfaction.
  • Supports decision-making by providing accurate and timely insights from data analysis: RPA can analyse large volumes of data efficiently and provide valuable insights for decision-making purposes. By automating data collection, aggregation, and analysis, RPA enables organization.

Why jump on the RPA bandwagon?

Offloading repetitive tasks to robots liberates human workers to focus on their strengths and passions, such as innovation, collaboration, creativity, and customer interactions. This shift not only benefits individuals but also enhances enterprise productivity, efficiency, and resilience. Undoubtedly, RPA is reshaping the narrative of work with its transformative impact.

Employees find it effortless to incorporate robotic assistants into their daily work routines, thanks to RPA’s low-code approach that allows them to become citizen developers, building their own simple automations.

From a financial perspective, RPA investments offer rapid return on investment (ROI) with minimal upfront spending, distinguishing it from other enterprise technologies. RPA implementation causes minimal disruption, as software robots seamlessly integrate with legacy systems, making RPA a crucial enabler of digital transformation. Additionally, modern RPA platforms offer scalability and enterprise-ready capabilities.

In conclusion, RPA has unlocked immense potential as a catalyst for digital transformation, providing organizations with the means to optimize processes, enhance productivity, and leverage advanced AI capabilities. Its versatile nature and ease of implementation have made it a powerful tool across industries, rewriting the way work is accomplished and driving innovation at scale. RPA: A Force that is Revolutionising Industries and Work Processes.


Why automation of data reconciliation should be a priority for BFSI’s

In the fast-changing landscape of the Banking, Financial Services, and Insurance (BFSI) Industry, the data volume is growing exponentially. Financial institutions grapple with huge amounts of data, and it becomes crucial to make sure of the accuracy and integrity of this data. Therefore, it has become paramount for financial institutions to prioritise the automation of data reconciliation in order to address this need.

To begin, let’s gain clarity on the concept of Data Reconciliation:

Data reconciliation is a crucial stage in the data migration journey. It involves meticulously examining the destination data in comparison to the original source data, aiming to validate the effectiveness of the migration architecture in seamless transformation. This process ensures that the data transition is executed successfully, emphasizing the importance of accuracy and integrity in the overall data migration endeavour.

Let’s explore the reasons why prioritizing automation of Data Reconciliation is essential for the BFSI sector:

The importance of data reconciliation in BFSI operations cannot be overstated, but the issue lies in the absence of comprehensive automation, which compells many companies to depend on manual procedures that are expensive. Let us delve into the reasons why prioritizing automation has become necessary.

Efficiency and Accuracy :

Automation of data reconciliation is still difficult for many companies, and they still rely on manual processes. Relying on manual reconciliation not only leads to delays in decision-making that ultimately hamper operational speed, but it is also prone to human errors.

In contrast, automation enables financial institutions to mitigate the chances of inaccuracies and inconsistencies. By precisely identifying discrepancies between data sets, automated systems ensure prompt detection and resolution of errors. This streamlined approach enhances the overall accuracy and efficiency of the reconciliation process. It minimises the chances of financial losses and safeguards against reputational damage resulting from errors.

Cost efficiency :

Another huge disadvantage of manual reconciliation is the high cost, which can go up to millions. Manual reconciliation involves skilled professionals spending considerable time manually comparing and verifying data.

The adoption of automation offers cost-saving prospects by minimising the requirement for extensive manual intervention. With the capability to handle significant volumes of data in real-time, automated data reconciliation tools enable organisations to optimise resource allocation. By streamlining operations and eliminating repetitive manual tasks, BFSI institutions can effectively reduce operational costs, allocate resources more efficiently to activities with higher value, and achieve enhanced cost efficiency.

Fraud Reduction :

Manual reconciliations are prone to frauds. When there is extensive manual intervention, it becomes a tedious task to identify fraudulent activity.

Automation of data reconciliation can play a significant role in reducing these fraud activities in the industry. Any discrepancies or inconsistencies can be flagged and investigated promptly, reducing the time gap between the occurrence of fraudulent activities and their detection. As a result, instances of fraud, if they occur, are more likely to be limited in scale and pose less harm to the organisation.

Scalability :

he BFSI industry deals with vast volumes of data generated from various sources. Manual data reconciliation processes often struggle to keep up with the increasing data volumes and complexity.

Automation provides scalability, allowing organizations to handle larger data sets efficiently. It also enables agility in responding to evolving business needs, such as integrating new systems, launching new products, or expanding into new markets.


In the fast-paced and data-driven landscape of the BFSI sector, prioritising the automation of data reconciliation has become crucial. By adopting automation, BFSI institutions can elevate accuracy, enhance efficiency, minimise costs, and mitigate risks. Automation empowers organisations to meet regulatory obligations, monitor data in real-time, and make timely, well-informed decisions. As technology advances and data complexities increase, automation remains essential for BFSI organisations aiming to excel in an increasingly data-centric world.


How Techurate Is Fostering a Human-First Culture

As global companies continue to navigate an increasingly complex world, many are realizing that technology and automation are not enough. The future of work is human, and companies that fail to recognize this will be left behind. At Techurate, we have always believed that business success is deeply linked to enabling human progress. Our core belief is that people are at the heart of everything we do.

Investing in Continuous Learning, Upskilling & Adaptable Workforce Flexibility

As leaders in business transformation, we at Techurate recognise that continuous learning is key to fostering a human-first culture. We invest heavily in upskilling and reskilling our global workforce to prepare employees for the jobs of tomorrow.

We provide generous tuition reimbursement and learning stipends for employees to pursue advanced degrees and professional certifications in high-demand fields. This empowers our teams to gain valuable skills that align with our strategic priorities.

Our personalised learning platforms offer customised training in areas like data science, digital marketing, and user experience design. Employees can learn at their own pace while still receiving guidance and support.

Rotational and shadowing programs give employees opportunities to work across business units, gaining exposure to new areas of expertise. This cross-pollination of knowledge and experience fuels innovation.

Partnerships with leading educational institutions provide specialised curricula and credentials in fields such as artificial intelligence, cybersecurity, and cloud computing. Employees graduate with skills that match our technical and business needs.

Cross-training wherein possible, we cross-train employees so they can perform essential functions outside their core roles. This makes our operations more resilient and helps employees broaden their experience.

Agile methodologies of working that emphasise collaboration, adaptability, and responsiveness to change. Multidisciplinary teams, short feedback loops, and iterative approaches help us pivot quickly when needed to optimize productivity, innovation, and customer satisfaction.

By investing in such parameters, we are investing in our people. Upskilling and re-skilling programs cultivate a growth mindset that will drive Techurate’s success in the digital future and ensure we remain an employer of choice. Our learning culture empowers employees to reach their full potential, making them lifelong contributors to our organisation.

Building a Culture of Empathy and Compassion

As leaders in business, we recognise that creating a human-first culture begins with building empathy and compassion. We invest in programs that help employees strengthen emotional intelligence and soft skills. Employees take part in simulations and roleplaying activities to better understand coworkers’ perspectives and build empathy.

We also emphasise mental health and work-life balance. We offer generous paid time off, flexible work schedules, and mental health resources. By supporting employees’ well-being, we cultivate a more understanding and compassionate environment.

Senior leaders set an example through open communication and by sharing their own experiences. We make a habit of highlighting the human stories behind key milestones and wins. This helps others understand the diverse range of experiences that shape Techurate.

A human-first culture cannot be achieved overnight. But through continual learning, open dialogue, and leading by example, we are fostering an organization rooted in empathy, compassion, and humanity. Our people are Techurate’s greatest strength, so we make their well-being and fulfilment our highest priority. By investing in people, Techurate prospers.

Providing Job Security in an Uncertain World

As an organisation, we recognise that job security is increasingly uncertain in today’s world. To provide our employees stability, we have instituted several initiatives.

Competitive Compensation and Benefits

We offer salaries and benefits that are highly competitive within our industry. This includes healthcare, retirement plans, and paid time off. By providing a comprehensive benefits package, we aim to give employees financial security and peace of mind.

Promoting Prioritising Health, Wellness & Work-life Balance

We understand that work is just one part of a full life. We offer flexible work schedules, remote work options, and generous paid time off so that our employees can spend time with loved ones, pursue hobbies, and recharge as needed. Maintaining a healthy work-life balance promotes well-being, productivity, and longevity.

By fostering a stable, supportive environment, providing growth opportunities, and enabling balance, we strive to give our employees a sense of security in their roles. Our human-first policies aim to build a culture where people feel empowered and able to thrive.


Techurate is making the necessary investments to ensure its employees feel valued, supported, and empowered. By focusing on human-centred policies, flexible work options, learning and development opportunities, and mental health resources, Techurate is building an organisation designed for humans to thrive. While technology and globalisation introduce uncertainties, companies that put people first will be poised to harness the opportunities of the future. Techurate recognises that its greatest asset has always been and will continue to be its people. By fostering a human-first culture, Techurate is securing its success and setting an example for organisations everywhere. The future of work may be hard to predict, but a human-first ethos will guide us through.

Geo tagging


With GPS-enabled technology, farmers can easily tag and track their crops, livestock, and equipment with just a few clicks. This revolutionary method has transformed the farming industry by enhancing its efficiency and productivity. The use of Geo Tagging in Agriculture is not only vital for precision farming but also provides a wealth of benefits that we will explore in this blog post. From reducing waste to increasing yields, Geo Tagging is revolutionizing how farmers grow food sustainably while meeting growing food demands.

What is Geo-Tagging?

Geotagging is the process of adding geographical identification metadata to various types of media, such as photos, videos, or text data, using GPS or other location data. The geographical metadata typically includes latitude and longitude coordinates, which can be used to pinpoint the exact location where the media was captured or created. Geotagging can be useful in a variety of contexts, such as social media, travel, photography, and agriculture, among others, as it can provide additional context, enhance discoverability, and improve precision in various applications.

How Geo Tagging is Used in Agriculture

In agriculture, geo-tagging has become an essential tool for farmers and producers to enhance their practices and increase productivity. Farmers use GPS-enabled devices to tag locations on their farms with specific data such as soil type, crop density, and nutrient levels. This enables them to track changes in the land over time and identify areas that require attention or improvement.

Geo-tagging also plays a vital role in supply chain management by enabling traceability from farm to table. By marking products with their origin location, farmers can ensure food safety compliance standards are met while enhancing transparency throughout the entire supply chain.

Another way geotagging is used in agriculture is through precision farming techniques. With precise mapping of fields using GPS technology, farmers can accurately apply fertilizers and pesticides where they’re needed most – reducing waste while maximizing yields.

It has revolutionized the agricultural industry by providing valuable information about crops and production processes at every stage from planting seeds to final harvests – driving sustainability efforts forward while improving efficiencies across the board

The Benefits of Geo Tagging in Agriculture

  1. Improved precision farming: Geotagging can help farmers and agricultural researchers map and analyze crop yields, soil characteristics, and weather patterns in specific locations, allowing for more precise and efficient farming practices.
  2. Accurate record-keeping: Geotagging can help farmers keep accurate records of where crops were grown and harvested, which can be important for regulatory compliance, food safety, and traceability.
  3. Better crop management: Geotagging can help farmers identify areas of their fields that may need more or less water, fertilizer, or other inputs, allowing them to optimize crop yields and reduce waste.
  4. Monitoring crop health: Geotagging can help farmers monitor the health of their crops, by mapping areas of the field where disease, pests, or other issues are present, allowing them to take corrective action more quickly and effectively.
  5. Enhanced farm-to-market traceability: Geotagging can help trace the movement of crops from the farm to the market, improving food safety and transparency.

Case Study: The Use of Geo-Tagging in Agricultural Production

A case study conducted by a group of researchers at Iowa State University demonstrated how GPS-enabled farm tagging could optimize crop yield.

The research team utilized advanced geospatial technologies to map out the distribution and characteristics of soil types, water availability, nutrient levels, and other environmental factors that influence plant growth. This information was then used to develop precise planting maps for different crops.

By using these maps as a guide during planting, farmers were able to optimize seed placement and ensure that each plant received optimal amounts of nutrients and water throughout the growing season. As a result, crop yields increased significantly compared to traditional farming methods.

Moreover, geo-tagging also helped reduce waste by minimizing over-fertilization or undernourishment in specific areas where it wasn’t necessary. The technology allowed farmers to apply fertilizers more precisely based on soil needs rather than applying them uniformly across an entire field.


Geo-tagging has revolutionized the agricultural industry by providing farmers with an efficient and effective way to manage their crops. GPS-enabled devices have made it possible for farmers to track their farm activities, monitor crop growth, and detect any issues that may arise.

The benefits of Geo Tagging in agriculture are numerous. It helps farmers make informed decisions about when and where to apply fertilizers or pesticides, which ultimately reduces costs while improving yield quality. With the use of geo-tagged images and videos, they can also document the progress of their farming operations.

Moreover, accurate information provided by Geo Tagging technology on soil moisture levels, climate conditions as well as pest infestations on a particular land area at any given time assist in making smart management decisions that help boost productivity.

By embracing Geo Tagging technology in Agriculture production systems worldwide; there is no doubt that this innovative approach will continue transforming global food security through higher yields per acreage cultivated areas amidst environmental challenges posed by climate change uncertainties such as droughts or floods.

Kisan GPT

Tech Review : Kissan GPT

India’s agriculture sector is the backbone of the country’s economy, providing livelihoods to millions of people. However, with the increasing population and growing demand for food, there is a need for agricultural practices that are efficient and sustainable. Kissan GPT is an innovative technology solution designed to help farmers in India improve their yields and increase profitability. In this blog post, we delve into the case study of Kissan GPT and explore how it has transformed the lives of Indian farmers by revolutionizing traditional farming practices.

Kissan GPT

Kissan GPT is an advanced multilingual chatbot that utilizes Open AI technology. It was created to provide farmers with personalized, voice-enabled assistance for all their agricultural needs. The AI chatbot, which is suitable for farmers and others interested in agriculture, has numerous potential benefits.


  1. Personalized Support: Kissan GPT offers customized and individualized assistance to farmers based on their specific needs and inquiries. By utilizing OpenAI’s ChatGPT technology, it can generate natural language responses to farmers’ questions and provide them with the information they require to make informed decisions about their agricultural practices.
  2. Voice-Enabled: Unlike ChatGPT, Kissan GPT provides support through voice-enabled communication, including regional languages. This can be particularly helpful for farmers who have limited literacy or language proficiency. Voice-enabled support also enables farmers to access information without the need for manual input, making it easier for them to perform tasks while receiving assistance.
  3. Multilingual Assistance: Kissan GPT supports multiple languages, which can be beneficial for farmers who speak different dialects. By providing assistance in multiple languages, it can help farmers overcome language barriers and access information in other languages.

How does Kissan GPT Works?

Kissan GPT utilizes OpenAI’s state-of-the-art ChatGPT technology in combination with its own knowledge repository. While building on top of ChatGPT, which is a text-based AI system, Kissan GPT goes beyond that by offering voice-based responses.

Kissan GPT converts ChatGPT’s written text into spoken output using Text-To-Speech (TTS) technology. TTS technology employs synthetic voices to translate written text into spoken words, which are then delivered to the user through a speaker or headset. It leverages a TTS engine to transform ChatGPT’s natural language text into speech output. TTS engines generate lifelike synthetic voices from a library of human speech sounds and phonemes. In essence, Kissan GPT utilizes these two technologies to provide multilingual support.

It’s heartening to see that artificial intelligence is being employed to assist agriculture and the farming community, both of which are critical in ensuring that people worldwide have access to food.

Our take on Kissan GPT

This application is an incredibly helpful tool for farmers, with no doubt about it. What impresses me the most about this application are its multilingual support and voice input/output capabilities. It has the potential to break down language barriers, which is a significant benefit for many people, especially farmers in rural India. With the help of AI, farmers can ask questions and receive detailed outputs. Furthermore, the application generates both text and voice outputs simultaneously, which is an added advantage.

Regarding cons, one thing that concerns me about this application is that responses are sometimes directed to the earpiece instead of the speakers, rendering the voice inaudible. Additionally, the responses take longer than Chat GPT since the TTS system is involved. I believe that the communication between the Chat GPT API, data collection, and TTS conversion into regional languages is the likely cause of this delay.

As the application is still in its early stages, I am optimistic that these flaws will be addressed in future versions. Overall, Kissan GPT has the potential to provide valuable support to farmers and anyone interested in agriculture. By leveraging AI technology, it can overcome language barriers and provide personalized, voice-based assistance.

Drone Analysis

Soil Analysis with Drones

How Drones Are Growing the Agricultural Industry with Soil Analysis

The agricultural industry has come a long way from traditional farming practices. With the advent of technology, farmers are now able to harness the power of drones for soil analysis. This innovative approach is transforming agriculture as we know it, providing accurate data and insights that help optimize crop growth and increase yield.

Soil Analysis

Soil analysis in agriculture is a process of assessing the chemical, physical, and biological properties of soil. The analysis provides valuable information about the fertility and health of the soil, which is important for successful crop production.

Soil analysis typically involves collecting soil samples from different locations within a field or farm and sending them to a laboratory for testing. The tests may include measuring the levels of nutrients such as nitrogen, phosphorus, and potassium, as well as assessing soil pH, organic matter content, and texture.

The results of the soil analysis help farmers and agronomists make informed decisions about soil management practices such as fertilization, liming, and tillage. By identifying specific soil nutrient deficiencies, farmers can tailor their fertilizer applications to ensure optimal plant growth and yield. The information obtained from soil analysis can also be used to develop long-term soil management plans to improve soil health and fertility, which can lead to sustainable agricultural practices.

Manual Soil Analysis vs Drone Analysis

When it comes to analyzing soil in agriculture, there are two main methods: manual and drone analysis. Manual soil analysis is a traditional method that has been used for decades. It involves collecting soil samples from different parts of the field and sending them to laboratories where they are tested for nutrient levels, pH balance, organic matter content, and other factors.

On the other hand, drone analysis uses unmanned aerial vehicles (UAVs) equipped with sensors that can capture data on different aspects of soils such as moisture level, temperature variations over time, or even crop health status. This technology allows farmers to gather a large amount of accurate data quickly without disturbing the crops or spending too much time doing manual work.

While both methods have their advantages and drawbacks, using drones for soil analysis offers several benefits over traditional manual testing techniques. For instance, drones can cover larger areas in less time compared to human labor while also providing more comprehensive results through advanced sensor technologies like multi-spectral cameras which detect various wavelengths reflected by plants indicating health status.

However, some argue that drone technology may not be suitable for all types of terrain conditions especially those with complex topography which could affect the quality of images captured by UAVs during flight operations. Additionally cost could be another factor limiting widespread adoption since this technology requires significant investment upfront before reaping any benefit from its use in agricultural settings.

In summary, choosing between manual and drone-based soil analyses depends largely on what you want to achieve as well as your budget constraints among other factors like terrain type or weather conditions at play during farming season hence making either approach appealing depending on your specific needs

The Benefits of Using Drones for Soil Analysis

Using drones for soil analysis in agriculture has several benefits that have revolutionized the industry. Firstly, drones can collect data over a large area of land quickly and cost-effectively. This means farmers can make decisions based on accurate information about their crops, which saves time and resources.

Secondly, using drone technology for soil analysis allows farmers to identify problem areas or potential threats to crop yields. By analyzing the data, they can determine if certain areas require additional fertilization or irrigation, which helps them optimize yield and minimize waste.

Thirdly, drone technology is non-invasive when it comes to collecting samples from sensitive environments like wetlands or forests. Because drones fly above these areas without touching the ground or disturbing plants and wildlife below, there is no damage done to habitats during sample collection.

Using drones for soil analysis reduces labor costs significantly since fewer people are needed in the field. This means farmers have more time available to focus on other important aspects of their operations like managing crop health and optimizing production output while reducing manual labor expenses.

Drone technology has made significant strides in helping farmers improve their agricultural practices through efficient data collection methods with minimal environmental impact at lower operating costs than traditional methods.

The Drawbacks of Using Drones for Soil Analysis

Despite the benefits that drones bring to agriculture, there are drawbacks to using them for soil analysis. One of the main concerns is their cost. Drones can be an expensive investment for farmers who may not have the funds to purchase and maintain them regularly.

Additionally, drones require skilled operators who can handle a complex piece of machinery. Without proper training or experience, there is a risk of accidents occurring during flights which could result in damage to crops or injuries to individuals nearby.

Another drawback is the potential for inaccuracies in data collection. While drone technology has advanced significantly over recent years, they still rely on sensors and cameras that may not always provide accurate readings due to factors such as weather conditions or technical issues with equipment.

Privacy concerns must also be taken into account when using drones for soil analysis in agriculture. Farmers must ensure that they are complying with regulations regarding data protection and monitoring activities conducted over private land.

While there are several advantages offered by using drones within agriculture including improved efficiency and effectiveness of operations – it’s important we consider these drawbacks too before investing heavily in this technology.

The Future of Drones in Agriculture

The future of drones in agriculture looks very promising. We can expect to see more advanced and sophisticated technologies being used by farmers to analyze soil samples, survey fields, spray crops with pesticides or fertilizers, and even plant seeds.

One of the most exciting prospects for drone technology in agriculture is the use of autonomous drones equipped with artificial intelligence (AI) algorithms. These drones will be able to scan entire farms without human intervention and collect data on things like crop quality, soil health, weather patterns, and pest infestations.

Another area where we can expect to see significant growth in drone usage is precision farming. By using high-resolution cameras and sensors mounted on drones, farmers will be able to identify specific areas within their fields that require attention. This targeted approach means that resources such as water, fertilizer or pesticides can be applied only where they are needed.

The integration of drone technology with other emerging agricultural tech tools such as blockchain-based systems could revolutionize how food is grown and distributed globally. The ability to secure sharing of data around food origin and quality could increase transparency across the supply chain while also reducing waste.

It’s clear that drones hold enormous potential for transforming agriculture by increasing efficiency levels while also helping us address some critical issues related to sustainability and food security. As these technologies continue evolving rapidly over time so too must our understanding of what new challenges they may bring along with them into our society!


The marriage between drones and soil analysis proves to be a game-changing innovation for the agricultural industry. The use of drone technology in agriculture has made it possible to analyze large areas of land quickly and accurately, resulting in improved crop yields and reduced costs for farmers. Although there are challenges associated with using drones for soil analysis such as high initial investment cost and technical limitations, these can be overcome through continued development of new technologies.

As we move into the future, we can expect more advancements in agritech that will further revolutionize farming practices. Drones are just one example of how technology is changing agriculture for the better. By embracing changes like this one, we can make our food production processes more efficient, sustainable and ultimately feed a growing population.