banking
Banking
Why a Mature Data and Analytics Ecosystem is Imperative for the BFS Sector
Banking
The Outlook for Bank Mainframes in 2022 and Beyond
Banking
Implementation analysis: the catalyst for rapid success on a bank’s analytics journey
Banking
Customer input is key to ending banks’ discrimination
Banks are missing out on a major opportunity in trade finance
Date: April 6, 2022
By Patrick Manasse, Chief Compliance Officer, MonetaGo As the nature of trade evolves, how it is financed needs to also change. Trade finance is about securing an asset, such as a contract for payment or an invoice, and lending against that asset. Lenders have a multitude of products that help exporters get paid for goods...
Can Traditional Banks Stop Fintechs from Eating Their Lunch?
Date: April 6, 2022
By Greg Cohen, CEO & chairman of Fortis For decades, banks fulfilled a vital role in the economy, lending money, providing credit, handling deposits and facilitating withdrawals for consumers and businesses. Financial institutions, especially larger ones, have profitable investment banks too, but receivables, payables and ultimately serving as a treasury department in business and consumer...
The true cost of technical debt to Australia’s biggest banks
Date: April 5, 2022
By Anthony McMahon, Vice President, APJ, GitLab The financial services industry has been one of the key sectors to experience rapid change over the course of the pandemic, finding themselves being forced to digitise their business operations sooner than originally planned. As well as a need to respond to the emerging fintech start-up businesses that...
Cybersecurity for Viva Wallet – Greece’s first digital bank
Date: April 5, 2022
Modern security for digital banking By Ioannis Fragkoulopoulos, Customer Security & Professional Services Director, Obrela. In the 1930s, when the world’s most notorious bank robber, Willie Sutton, was asked why he robbed banks, he simply replied “because that’s where the money is.” Almost 100 years later, the principle still applies, banks are the jackpot for thieves, but...
How automated processes can streamline payment management in 2022
Date: April 5, 2022
Kenny Tsang, industry expert and Managing Director at fintech unicorn, PingPong Payments, discusses how technological advancements within the payments space can help businesses to become more efficient and achieve international expansion in 2022. Traditional business processes have seen a massive upheaval in the past few years, with the pandemic shown to have accelerated the digitization...
Stemming the Tide of Customer Churn Through a Better Banking Experience
Date: April 5, 2022
By Jordan Glazier, CEO, Wildfire Systems A Chinese proverb suggests, “A good customer should not change his shop, nor a good shop change its customers.” However, changing shops, especially financial institutions, has never been easier for consumers. That delicate balance that exists between client and financial institution has seen an extraordinary power shift to customers...