Tag Archives: Banking

How to Choose the Best Digital Banking Platform

Nikunj Gundaniya July 14, 2021 Digital banking is now the customer’s first demand when most of the things are going for digitalization. The incorporation of technology in the banking operation brings mutual benefit to the bank and end consumer as well. According to Forrester’s Global Financial Services Architecture Survey, about 80% of bank owners say … Continue reading How to Choose the Best Digital Banking Platform

How Open Banking Can Benefit Small Businesses

Devin Partida July 7, 2021 It’s quite possible there will be significant incoming changes in the way customers and businesses participate in the banking ecosystem. With the emergence of artificial intelligence (AI) in financial technology (FinTech), businesses can improve their financial management systems. Technological advancements make banking and completing financial transactions simpler, allowing business owners … Continue reading How Open Banking Can Benefit Small Businesses

How Open Banking APIs are Lifting Up the Financial Industry

Mahipal Nehra June 4, 2021 Open banking is expanding technology in the world of digital banking, forcing banks to change their business models – for good. Rather than competing against fintech or third-party organizations, bank holders can grasp open banking to ally with them while standing out from the competition in the rapidly evolving industry. … Continue reading How Open Banking APIs are Lifting Up the Financial Industry

The Rise and Rise of Digital Banking: How Fintech is Set to Disrupt Brick and Mortar Banking

Dmytro Spilka April 30, 2021 Banking has evolved at a rapid pace over the course of the 21st Century so far. The days where you would find yourself queuing at your local bank in order to open an account, make a deposit, transfer money or cash a cheque are long gone. With digital banking’s continued … Continue reading The Rise and Rise of Digital Banking: How Fintech is Set to Disrupt Brick and Mortar Banking

The Financial Services Megatrends Re-shaping Digital Banking

Dr. Ashok Karania September 9, 2020 Tumisu / Pixabay Years from now, we’ll look back on 2020 as a milestone year for the financial services sector. While it’s still too early to assess the overall fallout from the COVID-19 pandemic, the crisis has already acted as a radical catalyst in the industry. The global fintech … Continue reading The Financial Services Megatrends Re-shaping Digital Banking

RPA in Banking – Use-Cases, Benefits, and Steps

Mitul Makadia — November 25, 2019 Follow @mitulmakadia It is no secret that today, banks and other financial institutions have to evolve continually to provide the best customer experience to the users and remain competitive in the saturated financial sector. With massive counter competition from virtual banking solutions, banks are under immense pressure to boost … Continue reading RPA in Banking – Use-Cases, Benefits, and Steps

Fintech Trends Paving the Way to the Future in Banking

Caterina Bassano — October 9, 2019 Follow @ktbassano Image by Rawpixel.com For businesses in the financial services industry, the disruption caused by technology-led changes has been non-stop. The scope of fintech has grown way beyond the basic functionalities of online banking, and now encompasses developments that extend to messaging technology for marketing financial services, 24/7 … Continue reading Fintech Trends Paving the Way to the Future in Banking

Crypto-Commerce: Banking on Blockchain for B2B Payments

Linda Bustos — August 5, 2019 Follow @edgacentlinda — August 5, 2019 78% of businesses have reported attempted or actual B2B payments fraud last year (rising steadily since 2013), and international fraud has risen 136% in the last two years. While nearly half of payment fraud is linked to paper checks and manual processes, emerging … Continue reading Crypto-Commerce: Banking on Blockchain for B2B Payments

Digital Trends and Technologies Transforming CX in Banking and Finance

Chris Woodard — June 30, 2018 — June 30, 2018 geralt / Pixabay The financial services sector is in for a challenge. By 2020, it’s estimated that digital natives will make up half of the world’s population. These digital natives will not just comprise the new workforce, they will also define the new breed of … Continue reading Digital Trends and Technologies Transforming CX in Banking and Finance