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Fostering an Innovative Culture
Date: June 20, 2022
By Dr Dennis Khoo, Managing Partner at allDigitalfuture LLP Designing and building a digital bank requires the fostering of an innovative culture that is crucial to success. When working at UOB in Singapore, I was challenged to create the first digital bank in the ASEAN region called TMRW, it taught me about creating a work...
Doubling Down on Digital Differentiation
Date: June 20, 2022
By Tim Hamilton, CEO & founder of Praxent The financial services landscape grows increasingly crowded as fintechs, neobanks and even major tech companies and retailers vie for relevance and market share. To keep up, banks and credit unions must evolve; the longtime approach of relying on a branch-centric strategy simply won’t cut it for the...
Absa’s Digital Excellence Receives International Recognition
Date: June 20, 2022
Delivering a best-in-class banking experience is one of Absa’s foremost priorities. This is especially true when it comes to digital banking, an area of ongoing growth and development for Absa. Our enduring mission is to become the leading digital bank in South Africa and across the continent while remaining ever mindful of the unique challenges...
Consumer Demands: Digital Assets Challenging Mainstream Banking
Date: June 17, 2022
By Berivan Demir, Product and Banking Relations Director of Clear Junction After two years of explosive success for fintechs, the pace of innovation hasn’t slowed down yet. Fintech start-ups raised $32.4B globally in Q1 2022, which is up 27% year on year and is largely driven by venture capitalist investment in cryptocurrency, raising over 7...
Five New Customer-Centric Technologies That Every Bank Must Adopt
Date: June 15, 2022
By Poonam Garg During the COVID pandemic, especially in 2021, digitization in banking was thrown into the pressure cooker. At the same time, it was a banner year for global fintech growth and investment. Insider Intelligence predicted that fintech funding will exceed the $132 billion raised in 2021 and jump past $150 billion in 2022. Advancements will...
The Future of Banking: Providing for All Customers
Date: June 15, 2022
Hans Tesselaar, Executive Director, BIAN In recent months, a number of well-known banks have announced closures of their high-street branches. Lloyds Banking Group announced in May it was closing an additional 28 bank branches. This is on top of its plans to shut 60 high-street branches, including 24 Lloyds Bank branches, 19 Bank of Scotland...