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Technology
The need to incorporate Banking APIs into your technology stack
Technology
Cracking the code to Ivy League success
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Singapore FinTech Festival 2022 sees Record Turnout from the Global FinTech Community
Technology
Slovakia’s InoBat eyes electric vehicle battery plant in Serbia
Electric vehicle makers burning cash, slammed by sky-high costs
Date: November 14, 2022
By Akash Sriram (Reuters) – Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to...
Banking on a passwordless future
Date: November 10, 2022
By Alex Laurie, SVP Global Sales Engineering, ForgeRock Two years on from the pandemic, businesses are still adapting to the mass digital transformation brought on by the pandemic. While some initially found the transition to digital operations at times challenging, in general UK businesses have taken the new ways of working in stride. However, as...
How Intelligent Automation is changing the Finance Industry
Date: November 10, 2022
Why the Banking, Finance and Insurance industries should embrace virtual agents before they’re left behind By Sanjeev Kumar, VP EMEA at Boost.ai Technology’s relationship with the world of finance is one of contradiction. Innovation is a crucial part of the industry, and fintech in particular is a cutting-edge space. However, legacy banks remain averse to...
Data lakes are dead. Long live data in motion
Date: November 10, 2022
By Nick Gordon, CEO and co-founder of Adnitio Insight Financial institutions are facing a myriad of operational risks to such an extent that regulators are becoming increasingly interested in operational resilience practices. The reality is that beyond just being a headache, failed transactions and processes can often lead to customer dissatisfaction and reduced profits. One...
Why digital transformation is the key to successful KYC of the future
Date: November 10, 2022
By Howard Wimpory, KYC Transformation Director, Encompass The evolving financial crime landscape For decades, expanding regulations have been imposed on the financial services sector to tackle the universal issue of preventing financial crime. During the last few years, particularly, as the cost of non-compliance, including the issuing of increasing fines, has been evident, banks have...
Buyer beware: The hidden costs of changing your accounting software (and how to avoid them)
Date: November 9, 2022
By Paul Sparkes, Commercial Director at award-winning accounting software developer, iplicit. Sometimes, if you get a decision wrong, you’re stuck with the consequences for quite a while. You’ve spent substantial money to get where you are and, for the time being, you have no choice but to spend more. It can be true of accounting...