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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

Mark Jackson

Mark Jackson Managing Director - Product & Capabilities at Valuedynamx - a Collinson Company

Rethinking banking loyalty: Why behavioural rewards are gaining ground

Whether it’s acquisition or retention, loyalty is becoming harder to pin down in banking. In the U.S., inertia still defines how most people interact with their banks. The average adult keeps the same checking account for nearly 17 years, with many citing the only reason they haven’t switched because “it’s the account they’ve always had.” This

/payments /retail

Sergiy Fitsak

Sergiy Fitsak Managing Director, Fintech Expert at Softjourn

The Modernization Imperative: Why Financial Services Cannot Afford Legacy System Inertia

The financial services sector has reached an inflection point where legacy system modernization has shifted from strategic advantage to business imperative. Institutions operating on decades-old infrastructure face mounting pressure from regulatory evolution, competitive disruption, and customer expectations that legacy architectures simply cannot...

/payments /retail

John Bertrand

John Bertrand MD at Tec 8 Limited

Stablecoin – Cross Border Payment Driver?!

Overview People like real time (RTP: instant) payments. Economies where instant payments are used grow a minimum of 1 to 3% per annum. Instant payments in 2024 totalled $26 billion and expected to grow 5x by 2029. Growth Initiative Economic growth is down to the velocity of money. If someone has just been paid then they can then pay someone else ...

/payments /crypto

John Bertrand

John Bertrand MD at Tec 8 Limited

Gambling prepares Resilient and Secure Cloud Technology for Banks

Banks, Payment Service Providers and regulators are indebted to the Gambling Industry for continuingly improving the resilience and security of Cloud Technology. For example, EU has DORA (Digital Operational Resilience Act) which requires a 4 hour for reporting a major incident but no later than 24 hours. If an online gaming service goes down 10 m...

/security /regulation

John Bertrand

John Bertrand MD at Tec 8 Limited

Core Banking Systems evolution to cloud technology

Historical Core banking systems can trace their origins 50 years ago to independent, branch-specific solutions running on IBM computers using legacy languages like RPG, COBOL, and Assembler. The branch bank industry consolidated around two major players - Temenos' Globus and Finastra's Midas - each serving over 300 banks, often with many installat...

/payments /cloud

Roy Zur

Roy Zur CEO at Charm Security

Training AI Agents Like Behavioral Scientists to Excel at Preventing Scams and Fraud

As scams become more advanced and personalized, the tactics used to manipulate individuals are increasingly rooted in behavioral psychology. What once required blunt deception now relies on nuance: fraudsters exploit victims' fears, biases, and emotional vulnerabilities with surgical precision. With fraudsters now equipped with generative AI tool...

/security /crime

Ray Connolly

Ray Connolly Vice President of Sales at SQL Power Group

Revolutionizing Financial Supervision: Why Regulators Need a One-Stop SupTech Solution

In today's rapidly evolving financial landscape, central banks and financial regulators face mounting challenges. The need for real-time data analysis, proactive risk management, and seamless regulatory compliance has never been greater. A comprehensive, out-of-the-box supervisory technology (SupTech) platform offers a transformative opportunity f...

/regulation

Igor Kostyuchenok

Igor Kostyuchenok SVP of Engineering at Mbanq

An Open Letter to Incumbent Banks

Dear European Incumbents, this an open letter to you from a founder of a FinTech startup. You've been watching the Neobanks like Revolut and N26 acquiring customers in your jurisdiction at a relatively high rate but you weren't worried since most of your customers stayed with you. You have the reputation, you're too big to fail and even you will ...

/retail /predictions

Igor Kostyuchenok

Igor Kostyuchenok SVP of Engineering at Mbanq

Build an Ecosystem or Disappear

The world of banking is at the verge of big changes that most incumbents are desperately trying to ignore. They see the change coming, they realize that their inactivity will cost them their existense but they are choosing to play dead. It's easier to cut the jobs and walk out with the bonuses then to start acting to still be relevant in 5-10 year...

/retail /predictions

Sergiy Fitsak

Sergiy Fitsak Managing Director, Fintech Expert at Softjourn

Can AI Really Code? What Fintech Leaders Should Know

AI-assisted coding tools have added incredible momentum to software development. As the Managing Director of a software development company, many of my teams use AI coding tools daily. They help my teams build faster, remove tedious manual work, and prototype new ideas quickly. In the fintech industry, where innovation cycles are tightening, AI’s ...

/ai /retail

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