--- title: Pelican Blog | Parth Desai (2) description: With over 25 years experience in the BFSI domain for both banks and corporates, Parth Desai has a thorough understanding of the Payments, Securities, Anti Money Laundering and Risk Management fields from both the business and technology viewpoints. As Founder & Director, Parth ensures the vision of ACE and its suite of products is taken in the right direction and that development of the Pelican Platform continues to be on the cutting edge of the technology. (2) --- [![Pelican](https://blog.pelican.ai/hubfs/Pelican_March2019/Images/59244394df998478fd005a73_Pelican-edit.png) ](https://www.pelican.ai) # Blogs ## The latest news, views, and insights from Pelican Read the latest guidance from our payments and compliance specialists on topics like Open Banking, AI-powered payments, TBML indicators, and more. ## All Blog Posts ## Parth Desai ![Parth Desai](https://blog.pelican.ai/hubfs/parth.jpg) With over 25 years experience in the BFSI domain for both banks and corporates, Parth Desai has a thorough understanding of the Payments, Securities, Anti Money Laundering and Risk Management fields from both the business and technology viewpoints. As Founder & Director, Parth ensures the vision of ACE and its suite of products is taken in the right direction and that development of the Pelican Platform continues to be on the cutting edge of the technology. Find me on: ### Recent Posts 26 September 2016 ## [What AI is and how it works in the financial services industry—Part 2](https://blog.pelican.ai/news/blog/what-artificial-intelligence-is-and-how-it-works-in-the-financial-services-industry-part-2) By Parth Desai While there are potentially endless opportunities for the technology in financial services, there is currently a gap in understanding how Artificial Intelligence (AI) works. 20 September 2016 ## [What AI is and how it works in the financial services industry—Part 1](https://blog.pelican.ai/news/blog/what-artificial-intelligence-is-and-how-it-works-in-the-financial-services-industry-part-1) By Parth Desai Artificial Intelligence has the potential to solve many issues for the financial providers and corporates—reducing middle and back office administration 07 September 2016 ## [Mid-tier banks don’t have to lose out on the game](https://blog.pelican.ai/news/blog/mid-tier-banks-dont-have-to-lose-out-on-the-game) By Parth Desai The payments business may be a scale game but mid-tier banks are not necessarily out of the running yet. Tier two and three banks can invest in a specialised payments processing gateway in order to keep pace with the larger players out there. 07 September 2016 ## [We still need to talk about AI—Why AI does work](https://blog.pelican.ai/news/blog/we-still-need-to-talk-about-ai-why-ai-does-work) By Parth Desai True human intelligence is difficult to replicate. Making computers behave like humans isn’t possible in a generic sense—but in a specific domain it can and has been achieved; with real applications used in finance and compliance for some time now. 07 September 2016 ## [How banks can make exceptions processing profitable](https://blog.pelican.ai/news/blog/how-banks-can-make-exceptions-processing-profitable) By Parth Desai Areas such as exceptions processing can make the payments business appear to be more of a cost centre than a profit centre, but this does not have to be the case. 07 September 2016 ## [A walk in the cloud—Adapting to SAAS](https://blog.pelican.ai/news/blog/a-walk-in-the-cloud-adapting-to-saas) By Parth Desai By Parth DesaiIndustry stalwarts like Bloomberg, SAP and SWIFT are all clamouring to offer cloud based solutions as standard, something that once would have been unthinkable. [More Recent Posts](https://blog.pelican.ai/news/blog/author/parth-desai/page/1) ### Recent Blog Posts 18 March 2025 [Transforming Global Trade: The Power of Digital Standards to future proof the trade ecosystem](https://blog.pelican.ai/news/blog/revolutionizing-trade-finance-with-pelicans-generative-ai-0-1) Biji John 25 February 2025 [Post-Show Report: GTR MENA 2025](https://blog.pelican.ai/news/blog/post-show-report-gtr-mena-2025) Abhinav Desai 12 February 2025 [BharatTradeNet: Transforming the Trade Ecosystem](https://blog.pelican.ai/news/blog/revolutionizing-trade-finance-with-pelicans-generative-ai-1) Biji John ### Categories - [AI (8)](https://blog.pelican.ai/news/blog/tag/ai) - [AML (8)](https://blog.pelican.ai/news/blog/tag/aml) - [Artificial intelligence (4)](https://blog.pelican.ai/news/blog/tag/artificial-intelligence) - [Artificial Intelligence (AI) (25)](https://blog.pelican.ai/news/blog/tag/artificial-intelligence-ai) - [Compliance (7)](https://blog.pelican.ai/news/blog/tag/compliance) ##### About Pelican AI Built for simplicity and scale, our purpose-built suite allows a 70% reduction in payment processing costs, real-time compliance, significantly reduced fraud, and improved customer experiences. 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