The role of the financial manager has changed dramatically in a relatively short period of time; 2021 saw sustainability elevated on the C-suite agenda, new rules and regulations coming into effect in the wake of Brexit, and pandemic uncertainty causing further disruption to many businesses. It’s no surprise, then, that 97% of UK CFOs believe …
Prima Varadan shows how Temenos’ open and configurable banking platform is accelerating the product’s time to market for banks and non-banks. Prema Varadan: “Temenos Banking Cloud is a game-changer for banks that can no longer wait to update their technology infrastructure” The speed and cost of innovation and the emergence of new business models such …
In an ever-evolving and fast-paced world where open banking has already begun its transition to open finance, it seems hard to believe that there are still a large number of people who do not have access to online banking, and cannot make any orders or payments online, Or you don’t have a bank account. Open …
With the number of online purchases using BNPL services increasing at a rate of 39% annually, more and more lenders are starting to take an interest in using high BNPL, and how this data will be included in risk models and scores. Against this backdrop, and with the Treasury preparing to close its consultations on …
Open bank payments are already changing the way consumers and businesses pay and get paid. And the numbers began to finally support the open banking hype with more than 3 million successful payments within the UK, in November 2021 alone (compared to 4 million in the whole of 2020). While open banking has been driving …
Fintech hasn’t just changed traditional banking. It revolutionized that. Over the past decade, the rise of competing technology-first banks like Revolut, Starling and Monzo has sent traditional players frantically modernizing their legacy infrastructure and bringing their offerings into the 21st century. More than anything else, the fintech boom has put the customer experience front and …
an introduction The digital world is evolving over the years. The technological marvel will reach great heights and still evolve into something highly recognizable by all. Several improvements have been made in the past few years and a dominant advance has been added to the digital space portfolio; NFTs technology. Nowadays, this innovative technology is …
The path of a sector is so inexplicable that it cannot be compared or measured with any other sector, but it is promising. NFTs make some pretty loud noises in the trade sector. Although the industry is fairly new, its use cases are being teased and tested with many other sectors, and most of them …
Over the past ten years, a real revolution has taken place in the field of finance. The infrastructure has changed, and the whole world has moved to smartphones with accessible and cheap internet. Hundreds of fintech companies have been allowed to emerge. Today, any new technology can be used to create financial solutions. But will …
As bank executives grapple with low profit margins and competitive pressures, community and regional bankers must find ways to retain clients, deepen relationships, and attract new clients. Innovative new revenue streams in untapped markets may help banks improve margins, ease competitive pressures, and continually improve relationships with new and existing customers. Innovate with Digital Currency …