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Optimising Payments – and the Transition to ISO20022
Date: March 13, 2023
Payment models are changing radically, creating both challenges and opportunities for financial institutions. New digital-only banks have accelerated innovation, while the pace of global change has created a new competitive landscape. UK financial institutions also face the additional pressures created by the need to migrate to new technology platforms to support ISO20022 based real-time and...
Diebold Nixdorf Wins Global Banking & Finance Awards® Best Banking Technology Solutions Provider Europe 2022 and Next 100 Global Awards 2022
Date: January 18, 2023
LONDON and HUDSON, Ohio – Diebold Nixdorf, a world leader in automating, digitizing and transforming the way people bank and shop, recently was named Best Banking Technology Solutions Provider Europe 2022 by Global Banking & Finance Review®. The company won the prestigious award for its contributions to the technology sector for the second time in...
BNP Paribas Wins All Regulatory Approvals for Sale of Bank of the West
Date: January 18, 2023
PARIS (Reuters) -BNP Paribas, France’s biggest listed bank, said on Wednesday that it had received all the necessary regulatory approvals to complete its previously announced sale of Bank of the West to Bank of Montreal. BNP Paribas added that this transaction was expected to close on Feb 1. Bank of Montreal agreed in December 2021...
Repercussions of a Recession: Financial Sector Predictions for 2023
Date: January 9, 2023
By David Ritter, Director of Financial Services Strategy at CI&T As we enter a new year, we often look forward to a period of respite, in which we can think positively and prepare for a healthier, happier future. However, today’s imminently tougher economic conditions may not align with such an optimistic outlook. The Bank of...
How Banking as a Service (BaaS) Unlocks Opportunity for the Banking Sector
Date: December 15, 2022
By Amit Dua, President, SunTec As Banking as a Service (BaaS) nears mainstream adoption, there is a significant opportunity for banks to join the BaaS ecosystem, develop new relationships with fintech firms and create new revenue streams for themselves at the same time. The mobile industry is one sector where we will see BaaS flourish...
Why the Opportunity for U.S. Banks Is a Lot Bigger Than “Not Failing”
Date: October 27, 2022
There’s seemingly no lack of companies promising to digitally transform the banking industry, and all of them are doing it from different vantage points. So, why then does the U.S. need international newcomer GFT? According to Marco Santos, CEO of USA and LATAM at GFT, “In the U.S., the current mindset is fear-based: If banks...