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Banking Strategy, Digital and Transformation

Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar

Sergiy Fitsak

Sergiy Fitsak Managing Director, Fintech Expert at Softjourn

Top 7 Fintech Trends Predicted for 2024

The payments industry's ever-evolving nature blends innovation and change, traversing various paths at an unparalleled speed. Enterprises and consumers have markedly shifted away from physical currency, embracing digital transactions through cards, mobile devices, digital wallets, and wearable tech. This shift has completely redefined payments, ma...

/payments /retail

Emily Nerland

Emily Nerland Vice President at NS1, an IBM Company

How FinServ Companies Using Hybrid Cloud Architecture Can Avoid Costly Outages

It’s an accepted trend that digital transformation enables faster, easier, more personalized transactions for financial services organizations. Over the past several years, legacy players have found themselves playing catch-up with digital-born startups. These cloud-first players often benefit from having redundancy and security built in from the ...

/cloud

Priya Kumari

Priya Kumari Digital Content Marketing Specialist at MSys Technologies

The Emergence of Embedded Fintech in the European Office of CFO SaaS

The European office of CFO SaaS is witnessing a fierce battleground as leading SaaS platforms embrace the integration of FinTech solutions with their software workflows. In this article, we delve into this evolving landscape of the emergence of embedded FinTech in the European FinTech, unravel the story thereafter, and present key insights. The So...

/inclusion /markets

Maria Schuld

Maria Schuld Head of Regional and Community Banking at FIS

Enabling Proactive Risk Management

Why manage risk? Banking leaders realize their organizations are exposed to more risk than in the past given the scope of cyber occurrences, more frequent global and geographic catastrophic events, and dependence on global networks to conduct business. Executives need confidence in their ability to overcome such threats. To alleviate these challen...

/retail /markets

Srinivasagopalan R

Srinivasagopalan R Principal Consultant at Tata Consultancy Services

Banking industry outlook for 2024: Perspectives on Key Trends

As the banking industry rebounded from the pandemic, they entered a period of new challenges and opportunities. MACRO DEVELOPMENTS: Market, Regulatory, Competition and Technology In the current business operating environment, there are few concerns around inflation leading to higher interest rates, which makes it expensive for banks to borrow and l...

/retail /predictions

Indra Chourasia

Indra Chourasia Industry Advisor at Tata Consultancy Services (TCS)

Promise and Potential of AI: Is it a renewed frame of Doctrine of Discovery in 21st century?

Typically, a birthday is the anniversary to remember and rejoice special moments of love, affection, loyalty and many hues of emotions overflowing in one’s life. The previous week marked the first anniversary of launch of ChatGPT (GPT-3) on 30 Nov 2022 – the pathbreaking generative technology powered large language model (LLM) introduced in the pu...

/wholesale /markets

Marat Nevretdinov

Marat Nevretdinov Managing Director at HDI Embedded

Maximizing revenue growth with embedded insurance

Embedded insurance is tapping into the wider embedded finance trend and all for good reason. Promising to meet customer needs and demands, embedded insurance is a direct integration of insurance offerings with consumer products that offer seamless transactions and enhanced convenience. Projected to grow more than six times larger by 2030 to $722B...

/predictions

Alex Kreger

Alex Kreger Founder & CEO at UXDA

Financial user experience: 7 tips to make it outcompeting in 2024

As we step into 2024, the financial industry faces an array of challenges that demand a reevaluation of the way users interact with financial services. Users now expect more than just seamless functionality—they crave a financial user experience that is intuitive, efficient, pleasant and, above all, tailored to their evolving needs. In this articl...

/people /retail

Sergiy Fitsak

Sergiy Fitsak Managing Director, Fintech Expert at Softjourn

Why Code Audits are Essential Before Mergers and Acquisitions

In the dynamic world of fintech - where mergers, acquisitions (M&As), and tech integrations are commonplace - the quality of software systems is pivotal for achieving long-term growth. When firms undertake mergers or acquisitions, one of the most critical aspects they inherit is the software system. Should this software contain poor coding or o...

/payments /retail

Kanika Hope

Kanika Hope Chief Strategy Officer at Temenos

A turning tide for challenger banks?

The climate has changed for fintechs and challengers this year. They are entering unchartered territory in a rising interest rate and recessionary environment with tightening funding and incumbent fightback. Their competitive edge around niche propositions, superior customer experience and rapid growth is being eroded by a number of factors. Fund...

/retail /startups