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Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
As the owner, you will also give up ownership if you leave this group.
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
The financial sector is anticipated to experience a notable surge in fraudulent activities, leading to projected losses exceeding $40 billion by 2027. This increase marks a significant uptick from prior estimates. The rise in fraudulent transactions is linked to multiple factors, notably the expanding volume of online transactions. This surge off...
29 November 2023 /payments /retail
Riaz Syed CEO at infinant
In today's fast-paced financial landscape, the idea of a bank stopping a customer in their tracks to say, “I need to contact my core provider,” is no longer a recipe for success. Over the years, legacy core banking platforms have become rigid, dictating the terms under which banks can engage with fintech providers. However, forward-thinking banks...
28 November 2023 /predictions
Alex Kreger Founder & CEO at UXDA
Huge budgets are spent on promoting products that users do not need, and that are not easy and pleasant to use. Product designers and user experience specialists often work under marketing departments in banks and become hostages to the race for profit. Unfortunately, a profit-driven mindset and culture ruin the banks' digital transformation and b...
28 November 2023 /retail
Maria Schuld Head of Regional and Community Banking at FIS
Many financial institutions lay claim to sustainability with Going-Green objectives as an element of their culture as well as an on-going commitment to their customers. But getting these intentions ingrained into a bank or credit union takes more than a press release. Sustainability as a widespread practice requires consistency, commitment, and ac...
27 November 2023 /retail /markets
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Generative AI has revolutionized the way we create and interact with digital content. Since the launch of Dall-E in July 2022 and ChatGPT in November 2022, the field has seen unprecedented growth. This technology, initially popularized by OpenAI’s ChatGPT, has now been embraced by major tech players like Microsoft and Google, as well as a plethora...
26 November 2023 /startups
Yuliya Barabash Managing Partner at SBSB Fintech Lawyers
The European Central Bank (ECB) has announced the transition to the preparatory phase of the digital euro project, marking a significant step in the evolution of the modern financial system. Consequently, the concept of a central bank digital currency (CBDC) is becoming increasingly demanded. It represents an electronic form of the national curren...
23 November 2023 /crypto /markets
Introduction to FinOps Services Cloud computing has become an integral part of modern businesses, offering scalability, flexibility, and cost efficiency. However, the escalating complexity of cloud infrastructures pose a challenge in cost management. This is where FinOps steps in. Let's dive into the realm of FinOps, its advantages for businesses, ...
22 November 2023 /payments /retail
The rapid development of digital technology is making new demands on financial brands. Marketing methods that used to work perfectly only a decade ago, don't deliver the expected results anymore. There are so many alternatives available on the market that a pretty package and a catchy slogan aren't enough to convince people to buy and stay loyal t...
22 November 2023 /people /retail
AI is a hot topic and numerous articles are published stating that financial service companies not adopting AI today risk becoming obsolete tomorrow. However, as with many hypes, the industry’s adoption of AI may not proceed as rapidly as commonly predicted. Just as an example, for the past two decades, experts have been forecasting the obsolescen...
17 November 2023 /predictions
In today's landscape, safeguarding your customers from threats and ensuring a seamless payment experience is more critical than ever before. Enter Know Your Customer (KYC) and Strong Customer Authentication (SCA) – two pivotal components in achieving these goals. In this article, we'll delve into the ways in which these processes can elevate your ...
15 November 2023 /payments /retail
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