Challenges faced by banks and customers in the online onboarding process

In Ukraine remote customer identification and the option to become a bank customer online has been officially in place since 2020, and at present nearly 40 banks out of 63 operating on the market have...

Digital Banking Trends

Banks Risk Losing Billions of Dollars in a Few Years

In a world where people learn to use their thoughts and brain chips to control technology, plastic cards and 2-day transactions still prevail. Such a strange combination, don't you think? It often see...

Banking

If you have a hammer..

If you have a hammer, everything around may look like a nail - they say. With the hammer-advent of Self-sovereign Identity, DIDs, decentralised data, Trust over IP, Findy.fi, Open Wallet Foundation, e...

Innovation in Financial Services

Generative AI: Can it be Banking Backoffice’s ‘New Best Friend’?

Generative Artificial Intelligence (GenAI) is not just a buzz word anymore. It is evolving as a transformative force that is reshaping the world. 2023 has been a breakout year for GenAI startups, with...

Artificial Intelligence and Financial Services

Risk, Fraud and Compliance: 12 tech trends and predictions for 2024

As in other industries, the explosion of generative AI (GenAI) has forced the financial services sector to quickly adapt while riding a wave of regulatory and ethical questions. How will banks, insure...

Artificial Intelligence and Financial Services

Mastering customer-centric communication to elevate the lending experience

Kris Frantzen, Senior Product Manager – North America, Temenos From the moment a borrower expresses interest in getting a loan to the final repayment, a bank’s communication strategies shape the custo...

Banking and Lending Solutions

Must-Have Features for Digital Banks in 2024

In 2024, digital banks continue to rise, drawing in customers with their innovative services. Leading digital banks such as Chime, Current, and Varo report significant increases in both customer numb...

Banking Strategy, Digital and Transformation

The answer for FinServ’s digital fatigue? The right IT platform.

Many banks and credit unions are in a state of digital fatigue. Over the last decade, the desire to become a technology-driven business resulted in dramatic increases in IT spend. While the industry’...

Three Areas of Tech Shifting the Industry Right Now

Change has been a constant in the financial services industry, but there is no doubt that the pace of change has accelerated in the past couple of years. Remaining competitive and relevant is increasi...

Banking

India's Financial Services Renaissance: Innovation and Inclusion expanding the Digital Perimeter

The Indian banking sector, once synonymous with barters, brick-and-mortar ubiquitousness, and bureaucratic nonchalance, is currently undergoing a momentous transformation. This metamorphosis is cataly...

Open Innovation Ecosystem

Are you confident in the quality of your data and its impact on your generative AI model insights?

The world of banking and financial services is abuzz with the potential of generative AI. It's a game-changer that can revolutionize customer service, boost revenue, and streamline operations. But wit...

Bigger than Technology

What is Federated Enterprise technology Buying

Federated Enterprise Technology Buying is a method for procuring technology that involves decision-making by individual departments within an organization. This approach acknowledges the requirements ...

Banking Strategy, Digital and Transformation