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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

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

Sergiy Fitsak

Sergiy Fitsak Managing Director, Fintech Expert at Softjourn

Is Machine Learning the Ultimate Weapon Against Financial Fraud?

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...

/payments /retail

Riaz Syed

Riaz Syed CEO at infinant

How Coreless Banking Can Give Banks a Competitive Edge in Today’s Financial Landscape

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...

/predictions

Alex Kreger

Alex Kreger Founder & CEO at UXDA

Digital Banking Strategy: Sales Obsession Could Cost $23 Billion

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...

/retail

Maria Schuld

Maria Schuld Head of Regional and Community Banking at FIS

Making Sustainability a Common Practice

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...

/retail /markets

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Beyond Imagination: The Rise and Evolution of Generative AI Tools

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...

/startups

Yuliya Barabash

Yuliya Barabash Managing Partner at SBSB Fintech Lawyers

Threats and risks of implementing digital currency (CBDC) for average person

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...

/crypto /markets

Sergiy Fitsak

Sergiy Fitsak Managing Director, Fintech Expert at Softjourn

FinOps: Just a Buzzword or the Key to Getting More Out of Cloud Investments?

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, ...

/payments /retail

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