Banks Must Bet Big On AI And Blockchain: Prasanna Lohar

Prasanna Lohar currently works as Head – Innovation & Technical Architecture at DCB Bank. As a part of DCB’s digital transformation, he is firmly focused on innovative customer servicing, technical architecture implementation, and adoption of emerging technologies for banking.

Prasanna Lohar currently works as Head – Innovation & Technical Architecture at DCB Bank. As a part of DCB’s digital transformation, he is firmly focused on innovative customer servicing, technical architecture implementation, and adoption of emerging technologies for banking.

Prior to this role, he was the Digital Bank Head for DCB where he leads various technology projects including Implementation of Aadhaar & biometric-enabled innovations, omni-channel architecture, API management, fintech – startups – institutes alignment, payments innovation, DevOps, cloud computing, big data, robotic process automation, artificial intelligence, IoT And blockchain.

To boost innovation for the bank, Prasanna launched DCB Bank Innovation Carnival, where he leveraged hackathons & accelerator programs and mentored more than 250 Startups in India during this program. He has led projects involving emerging technologies for various banking processes, including AI for fraud risk management, biometrics for multi-factor authentication, and blockchain POCs for payments, verification and reconciliation functions.

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