DBS Bank is leveraging technology to reduce man hours, enhance the customer journey, automate processes and open new revenue streams.

Inderpal Singh Kalra, ED-IT and Digital Banking & Emerging Payments at IDBI Bank throws light on three crucial solutions that leverage ML to manage risk.

The future challenge is to develop analytic strengths that span the organisation and not just areas of expertise.

RBL Bank’s focus on machine learning is helping it create new revenue streams that has already led to the creation of its first tech-based product--API Banking.

Bajaj Allianz Life Insurance’s Chief Information & Digital Officer, Goutam Datta leveraged technology for enabling all business functions and meeting the digital demands of its employees, partners and customers amid lockdown and enabled new services to prevent any impact on business.

The world's most comprehensive digital biodiversity database has been developed, enabling access to over 177 million records. However, over two-thirds of the records are from just three countries: the USA, Sweden and the UK, and focus on certain groups such as birds. Changes in policy and funding could help widen the scope of the data.

According to researchers, opportunities for carbon sequestration and benefits for biodiversity offered by forest rehabilitation schemes mean they should be given greater value as a tool for carbon offsetting. A new study demonstrates the value of forest rehabilitation for rainforest birds.

Sustainable urban planning recognises the importance of green space networks to conserve biodiversity. A recent study in China has assessed whether a development plan for Jinan City improves the city's urban green networks.

Indications suggest global biodiversity mostly continues to decline, confirming that the goal of halting the rate of loss of biodiversity by 2010 has not been met, according to a recent study. Pressures on biodiversity are increasing despite increasing policy and management responses. However, with greater resources and political will, the researchers argue that the loss of biodiversity could be halted or even reversed.

National lists of threatened species contribute to the monitoring of biodiversity, but new research has discovered a lack of these lists in certain countries, such as Pacific Island states, and for certain groups of wildlife, such as invertebrates. Targeted financial support, better knowledge sharing and standard systems of data collection could help bridge these gaps.

A new European study has assessed whether seed banks are successfully conserving European plant species threatened by extinction. The findings indicate that threatened species are only partly conserved by seed banks, and that these facilities need to focus their future efforts on filling gaps in their collections.

Planting trees and maintaining a well-balanced mix of vegetation in urban 'green spaces' can enhance the species diversity of birds and compensate for the negative effect of building, according to new research. Scientists recommend that increasing tree cover rather than limiting new development is the most effective long-term strategy to improve bird diversity in cities.

A new model has been developed that could help metropolitan areas adapt to climate change by increasing ecosystem services provided by green spaces and farmland through calculating the percentage of evapotranspiring surface for different types of land use and the degree of fragmentation between ecosystems. To demonstrate how it works, researchers have applied this 'land use suitability strategy' model to an Italian municipality.

Researchers argue that of the five mechanisms available for ensuring the provision of ecosystem services ??? prescription, penalties, persuasion, property rights and payments ??? only payments are likely to be effective at the global level. However, while a number of international Payments for Ecosystem Services (IPES) schemes exist, their impact on ecosystem services remains negligible.

The rapid loss of Arctic sea ice affects not only animals that live on the ice but also microbial communities that live within the ice. A recent study discusses how microbes are affected by climate change, in some cases providing an early warning of major environmental shifts but in other cases amplifying them.

Urban development is changing the composition of the natural landscape. A recent study has highlighted the importance of connecting fragments of green space, such as gardens, with ecological corridors to improve biodiversity and help spiders and beetles disperse within the urban landscape.

It is possible to balance agricultural production with improved biodiversity on farmland, according to researchers. A new study suggests using a combination of land sharing techniques, which enhance biodiversity on existing farmland, with land separation techniques, which designate separate areas for conservation and farmland production.

Leaving land to return to its wild state could be beneficial for abandoned farmland, according to a new study. The researchers argue that 'rewilding' provides valuable ecosystem benefits and in certain cases could be a more achievable goal than maintaining traditional agriculture in areas of Europe where rural populations are declining.

Over the next 30 years, there is a vital need for planners to shape urban expansion to minimise the impact on biodiversity and carbon losses from land-use change, according to a recent study.

The advantages of soft ecosystem-based climate change adaptation over hard infrastructure-based approaches are becoming increasingly recognised. A new analysis highlights these advantages and calls for more effort to improve our understanding of ecosystem-based adaptation's (EbA) effectiveness.

New barriers have been developed to prevent invasive American signal crayfish from moving upstream and colonising important European crayfish habitat. The barriers, designed to stop crayfish but allow fish to pass, have been found to be effective where water flow rates are sufficiently high.

Richer countries have more resources for gathering biodiversity information, creating a biased view of the worlds' species and their distribution. However, a new study argues that there are other reasons why some countries are underrepresented in global biodiversity databases, with low numbers of English speakers, large distances from the database host and low security acting as key barriers to data collection.

Ecosystem-based adaptation (EbA) to climate change could help avoid future food crises in Africa, a new review suggests. By examining United Nations EbA projects implemented across Africa, the authors demonstrate that such approaches help improve the climate change resilience of production systems and the communities dependent upon them.

The common ash tree (Fraxinus excelsior) is threatened by an invasive fungal disease, which is spreading throughout Europe. Scientists have recently reviewed and presented previous research into the disease which could help us understand how to prevent the spread of the fungus and develop forest conservation strategies.

Wet grasslands abandoned less than 40 years ago can be successfully restored within a decade, a recent analysis suggests. By examining the findings of a range of studies, it identified the causes and consequences of abandonment and the key factors in successful restoration.

The drying of soils under global warming could disrupt the balance of nutrients in large areas of the Earth's land surface, according to new research. The study focused on ‘drylands' – arid areas with low levels of rainfall – which support over 38%% of the world's population. Such nutrient imbalances could diminish the provision of ecosystem services, such as food production and carbon storage, the researchers say.

Cities located in biodiversity hotspots can provide valuable refuges for a wide range of plants, a recent study suggests. Of the 379 plant species and sub-species recorded in the city of Ioannina, Greece, 27 were of conservation interest. Town planners can ensure that cities play an important role in supporting regional biodiversity when designing future urban developments, the researchers say.

Although cities are typically low in biodiversity, they can provide important refuges for native species, new research shows. Urban planning making use of green infrastructure can enhance city habitats and may help reduce the loss of biodiversity that follows urban expansion, the researchers say.

Marine protected areas (MPAs) in which fishing is prohibited contain substantially more fish, including commercially valuable species, than either partially protected or unenforced MPAs, according to a recent survey of rocky reef fish in the Mediterranean Sea. This suggests that MPAs need to be highly protected to offer the best chance of recovery for fish stocks, say the researchers.

Ash dieback in the UK is likely to lead to the extinction or decline of over 50 species which are reliant on or highly associated with this tree, including mosses, lichens and beetles, a new study suggests. The researchers recommend that the ash trees are not felled but left to die naturally and in time replaced with mixtures of species such as beech and sycamore which support similar woodland species.

Ecosystems are complex and managing them effectively can mean balancing conflicting conservation goals. In a recent US study in the San Francisco Bay area researchers examine the best strategies to eradicate an invasive plant while protecting an endangered bird that uses it for nesting habitat. They find that with a clear management plan both goals can be achieved, albeit over a longer timeframe.

Policies to manage marine ecological quality can be improved by combining economic and ecological concerns, finds a new study. Using this integrated perspective, researchers developed a model which identified the most cost-effective options for reducing nutrient pollution in the Baltic Sea within a 40-year time-span. The total cost of meeting the commonly agreed targets is estimated to be €1,487 million annually.

The Aichi biodiversity targets, set by the UN Convention on Biological Diversity, are unlikely to be achieved by 2020, a new study suggests — despite some progress towards halting the global loss of biodiversity. The authors of the study call for policy responses to be strengthened if the ongoing loss of nature is to be stopped.

Wolves, bears, lynx and wolverines are rising in number in Europe, new research shows. Thanks in part to pan-European legislation, at least one of these species is now present in most mainland countries. The researchers say their study confirms that humans and wild predators can successfully live alongside each other.

Citizen science holds the potential to address some of the biggest concerns facing biodiversity researchers, according to a new study. The study found that volunteers already save biodiversity research huge sums of money, but that their contributions are underused.

Urban areas may support higher levels of bee diversity than expected, new research has shown. The UK-wide study compared three different habitat types - nature reserves, farmland, and urban areas - and found a higher number of different bee species in urban areas than farmland. However, the overall pollinator diversity, which included species of bees, flies, hoverflies and butterflies, did not differ significantly between all three landscape types. The researchers call for more attention to be paid to the role of green spaces in cities which can be important habitats for pollinators.

Long-term biological monitoring is key to effective, evidence-based conservation management, new research concludes. However, greater collaboration is needed to ensure that scientists understand what kind of information is needed by conservation managers. In this way the data can deliver answers for the most important management questions.

Bat populations are showing signs of recovery in the UK, according to a citizen science programme. The authors of a recent study which reports the programme’s findings say that this shows volunteers can successfully monitor wild species and produce robust data suitable for policy purposes.

Genetic identification of species through ‘metabarcoding’ offers a reliable, cost-effective way of producing biodiversity information for policymakers and managers, concludes an international study. The researchers show how the method can be used to help assess the impacts of environmental change and management on biodiversity.

Rewilding, a process of passive management focused on restoring natural ecological processes and reducing human influence on landscapes, could be used to restore the increasing amounts of abandoned agricultural land in Europe to more biodiverse wilderness. A new study has designed a framework to measure potential for rewilding in areas across Europe, highlighting in particular the potential of Natura 2000 sites and suggesting specific aspects of wilderness that future policies could address.

Driven by trade, the spread of alien species is increasing worldwide. This study combined 60 years of trade data with that on biodiversity and climate to model the spread of plant species across 147 countries. The model predicts significant increases in plant invasions in the next 20 years, especially for emerging economies. The authors say trade legislation must consider biological invasion and focus on regions at high risk.

Urban waterways can provide foraging opportunities for a range of bat species. However researchers have found that bats in the UK are negatively affected by high levels of invasive plant species and urban development near waterways. The researchers highlight the value these often disregarded urban spaces can have for ecosystems, and suggest ways to improve the biodiversity of waterways.

Insect-eating bats are estimated to be worth US$ 1 billion (€0.91 billion) a year to maize farmers around the world, a new study has revealed. Not only do bats reduce crop damage by eating adult corn earworm crop pests, they also suppress fungal infections in maize ears. Bats and their habitats need to be better protected for their ecological and economic contributions, say the study’s authors.

Discarding – returning unwanted catches to the sea – is seen as wasteful, but banning the practice would remove an important food source for many marine organisms. This study modelled the effects of gradually reducing and abruptly banning discards using data from a protected bay in Australia. The researchers recommend gradual reduction of discards in order to maintain ecosystem stability.

The rise in intensive agriculture, and associated land-use change, is a major driver of biodiversity loss. This study evaluated these effects via international food trade, calculating estimates of species loss for 170 crops and 184 countries. The results show that the majority of biodiversity loss is due to growing crops for domestic consumption but that industrialised countries can ‘import’ negative impacts from tropical regions.

A new approach to modelling the spread of mammal populations under climate change has been developed. The method overcomes the problem of missing ecological data for most species by using information on species characteristics, or ‘traits’, associated with population demographic rates and individual movements to deduce which species move too slowly to escape climate change’s effects on their habitat. The model’s results suggest that around 30% of mammal species may not be able to disperse quickly enough to survive.

Wild plants closely related to crops, or ‘crop wild relatives’, contain genes that could be useful for developing resilient crop varieties and are, therefore, important for food security. This global study quantified their conservation status and availability for breeding. The researchers found major gaps in gene-bank stocks, with over 70% of crop wild relative species identified as ‘high priority’ for conservation action. The researchers say systematic efforts are needed to protect crop wild relatives for future plant breeding, including both protection in gene banks and local conservation.

Urban gardeners in Barcelona, Spain, identified 20 ecosystem service benefits, from pollination to environmental learning, in a recent study. Cultural ecosystem services — mainly related to the opportunity for residents to interact with nature — were the most common and highly valued of the ecosystem services identified.

A recent study has found that bumblebees in Saxony-Anhalt, Germany are more successful at pollinating urban areas than agricultural land. Urban areas also had higher flower diversity and more potential nesting areas for bees compared to agricultural areas. However, the abundance of bee parasites was also higher in urban areas, although this was not found to negatively impact on pollination. This demonstrates the value of urban green spaces as habitat for pollinators.

Sustainable drainage systems (SuDS) could be made better for biodiversity and local people with the help of two new evaluation methods presented by a recent study. The methods, which assess the value of SuDS sites for wildlife habitat, carbon sequestration, recreation and education, are described by the study’s authors as cost-effective, quick and reliable, and could help designers plan and retrofit SuDS that are wildlife-friendly and socially inclusive.