Community
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.
Retired Member
Have you ever heard of decentralized finance? I bet that not many readers of these lines understand what it is and how it can make life easier when it comes to daily payment transactions. The very idea of the DeFi system is a new vision of calculation and exchange in the digital world. It is essentially a new financial technology based on secure d...
07 November 2023 /payments /inclusion
Joris Lochy Product Manager at Intix | Co-founder at Capilever
As companies expand, it is almost inevitable that bureaucracy grows alongside them. The term "bureaucracy" typically carries a negative connotation, often associated with demotivated personnel, complex and excessive procedures, slow decision-making, silo-thinking, a disconnect between management and employees, and a lack of digitalizatio...
25 October 2023 /people /startups
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
How has PSD2 affected the market, and will PSD3 be the answer to major problems in the industry? The evolution of PSD2 should certainly be on the minds of those in the finance industry. In a recent survey conducted by the Thales Group, it was found that 38% of users would consider switching their bank if another provider offered better rates or se...
25 October 2023 /payments /retail
Introduction The leading retirement firms are gearing up to respond to change in client’s financial needs. Firms have seen increase in demand for retirement plan, holistic financial advice, and financial wellness solutions. The change in client needs driven by the latest macro-economic developments such as increasing interest rate, rising inflatio...
25 October 2023 /wealth
Steve Morgan Banking Industry Market Lead at Pegasystems
Modernising banking infrastructure can be a daunting and expensive process. Even though many banks want to digitally transform, only 30 percent of those report that they have successfully implemented their digital strategy. Mind the traps It is true that many digital transformation endeavours fail no matter what industry because these businesses ...
25 October 2023 /devops
Chirag Shah Founder and CEO at Pulse
It’s no secret that technology is rapidly advancing the human workspace, and now we’re even seeing technologies come together to create a seamless environment. Indeed, artificial intelligence (AI) and machine learning (ML) are increasingly collaborating in solutions, especially in the realm of fintech - and, when they do, the benefits seem unstopp...
24 October 2023 /predictions
Maria Schuld Head of Regional and Community Banking at FIS
According to the Small Business Administration, small companies generate 1.5 million jobs per year and account for 64% of new jobs in America. Small businesses also comprise 44% of U.S. economic activity, so as the number of new businesses expands, their economic contributions grow as well. Community banks are critical engines to the economic expa...
23 October 2023 /retail /markets
Constructing your payment gateway offers various benefits and certain challenges. Before you embark on this endeavor, it's crucial to comprehend how developing a payment gateway from scratch can positively impact your business while also acknowledging the hurdles that may arise along the way. Advantages of Creating Your Payment Gateway Let's sta...
18 October 2023 /payments /retail
Alex Kreger Founder and CEO at UXDA Financial UX Design
Leading tech companies embed their competitive edge in digital products, setting the stage for success from the start. However, traditional financial firms face a challenge here, especially when adopting white-label digital solutions. Aligning them with their unique business essence and customer needs is tough. In finance, digital transformation i...
17 October 2023 /retail /identity
The potential of AI/ML is immense, yet it is often misused by managers who are driven by trends and a fear of missing out. Like any technology, AI/ML should be seen as a means to an end and should be evaluated for its business value within the appropriate context. To make informed decisions, managers should begin by assessing the use case they wan...
11 October 2023 /predictions
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.