130 Results from 2024, /predictions
Retired Member
Earlier this year, on February 22nd, the last remaining bank branch in the whole of the Peak District, Natwest in Bakewell, closed its doors for good. The closure leaves thousands of locals without a physical bank to visit, with the closest Natwest, for instance, now in Chesterfield—almost a half an hour’s drive away. Brick-and-mortar branches ...
03 July 2024 /predictions Banking
Sasank Chary Partner at Sageview Capital
By Sasank Chary and Andy Greos The financial technology sector has undergone seismic shifts in recent years. The narrative often centered around fintech companies displacing traditional financial institutions with superior technology and user experience. However, the focus moving forward is likely to shift towards fintech playing a supportive and ...
26 June 2024 /predictions Fintech
Alex Kreger Founder and CEO at UXDA Financial UX Design
Integrating AI into banking services will obviously revolutionize the user experience in financial services, offering real-time advice and 24/7 transaction monitoring. However, this shift not only enhances user experience but also addresses critical data privacy concerns. Unlike traditional cloud-based AI, on-device AI, as introduced by Apple, pro...
25 June 2024 /retail /predictions Artificial Intelligence and Financial Services
Raktim Singh Senior Industry Principal at Infosys
A Multimodal User Interface (MUI) is a revolutionary system that transforms our daily interactions with technology. Imagine managing your home gadgets with voice commands while adjusting settings on a display screen with touch controls. This is the practical power of MUIs, making our lives easier and more intuitive. From birth, we learn to interact...
13 June 2024 /retail /predictions Technology for Social Good
Steve Sabin SVP, Division Executive, Lending at FIS
In case you hadn’t noticed, technology has made huge advances over the last 10 to 15 years. In all that time, however, the commercial loan syndication market has resisted the pressure to digitally transform. Until recently, there’s been enough profit margin to support the heavily manual, labor-intensive processes that still underpin syndicated lend...
07 June 2024 /markets /predictions Banking and Lending Solutions
Sergei Grechkin Chief Risk Officer at AIFM Cayros Capital
The financial industry has been rapidly integrating Artificial Intelligence (AI) to enhance various aspects of its operations, including the pricing of interest rate derivative contracts. Interest rate derivatives, such as swaps, options, and futures, are essential tools for managing exposure to fluctuations in interest rates. The traditional met...
06 June 2024 /ai /predictions Artificial Intelligence and Financial Services
Benjamin Avraham Founder & CEO at Okoora
The global fintech market is growing rapidly with a market size expected to top $608 billion by 2029, almost doubling from a projected $312 billion this year. In part, this can be attributed to the agile solutions and customer-centric approaches of fintechs when compared to those of traditional banks. However, to drive true value in the financial...
05 June 2024 /payments /predictions Banking
Many products around us appear to be highly successful. However, sometimes this success is just an illusion. Iconic brands such as Kodak, Nokia, and Blockbuster serve as stark reminders that past success does not guarantee future relevance. These companies, once leaders in their industries, failed to adapt to the evolving digital landscape and cus...
03 June 2024 /retail /predictions Digital Bank Transformation
James Berry Managing Director at Valuedynamx
People love games for a variety of reasons: they fuel our competitive sides, challenge us, offer an escape from the daily grind, and help us feel a sense of victory and accomplishment. Most of us are naturally attracted to activities we find stimulating, and game-like experiences satisfy that hunger—even via loyalty and reward programs. Gamificati...
17 May 2024 /retail /predictions Banking Strategy, Digital and Transformation
Donica Venter
In the realm of finance, where convenience meets innovation, the landscape of payment solutions is constantly evolving. Fintech, the intersection of finance and technology, continues to redefine the way we transact, with trends shaping the future of payments. Here's a glimpse into the pulsating world of fintech trends in payments. Contactless Pa...
06 May 2024 /payments /predictions Fintech
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