Parth Desai

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Founder and CEO

Pelican

Member since

15 Sep 2009

Location

London

Bio

I founded Pelican in 1996 to develop an artificial intelligence solution that enables Intelligent Payment Management for banks and corporates. To date, Pelican has processed over one billion transactions, worth over USD five trillion in more than 55 countries.

Latest opinions

The Limits of API Aggregation, how interoperability can solve the fragmentation challenge

Open Banking is a powerful opportunity for both established banks and new fintech market entrants to develop and deliver impactful and empowering payments and financial services to consumers and businesses alike. It has been estimated that PSD2 has the potential to create a revenue opportunity of at least £7.2bn by 2022 across retail and small-bus...

26 March 2019 Open Banking

Payments fraud - is the arms race against the criminals winnable?

The almost unceasing reports of major cyber hacks should be incentive enough to ensure that financial institutions reassess existing fraud protection for their payments systems. Recent official warnings could scarcely be starker, with Prof Richard Benham, chairman of the National Cyber Management Centre, predicting that “a major bank will fail as ...

01 March 2017 Payments strategies 2015-2020-2030

Edging ever closer to the abyss: why AI will reverse this trend

Parth Desai, CEO and Founder of Pelican, discusses why AI is already a fact and not fantasy. He highlights why financial institutions and corporates need to get on board now – or risk getting left behind. A great many businesses have been hesitant in exploring artificial intelligence (AI) in their operations, believing it to be still in its infancy...

24 October 2016

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