9164 Results
Retired Member
Picture a box sitting at the very center of an open field, with nothing around it. Your job is to walk to that box, touch the top of it, and walk back. Simple. One day, you spot a small tree growing in between you and the box. The next day, a bush. Then it rains, a pond forms, weeds sprout, the grass grows. Before long, your simple task becomes mo...
15 November 2023 /payments /markets Banking
A new age in the ever-changing world of modern finance is being ushered in by the use of technology in traditional financial services. Fintech, a portmanteau of financial technology, is at the forefront of this transformation, promising innovation, efficiency, and enhanced customer experiences. In the future, a number of noteworthy advancements wi...
15 November 2023 /payments /retail Banking
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 Banking Strategy, Digital and Transformation
As the financial world grapples with the announcement of Mint, one of the earliest and most beloved budgeting apps, shutting down, loyal users are left in search of alternatives to continue their personal finance management journey. Mint, introduced in 2007, revolutionized the way individuals created budgets, tracked income and spending, and buil
07 November 2023 Personal Finance
As consumer financial health in the U.S. deteriorates at a rapid pace, banks and credit unions have an opportunity to do so much more than simply holding customer money. More than ever, financial institutions (FIs) need to engage customers and members with comprehensive and targeted services that actually help them grow their wealth and improve t...
26 October 2023 /retail
The European Commission (EC) has adopted a legislative proposal on instant payments in euro, in the form of an amendment to the 2012 SEPA regulation. Although the draft regulation leaves some questions unanswered, the direction of travel is clear. This blog considers some of opportunities of instant payments and why banks should prepare now. We li...
25 October 2023 /payments /regulation
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 Banking Strategy, Digital and Transformation
As gamification continues to grow in popularity, its applications within the financial sector are expanding. It's no longer confined to just a single aspect of customer interaction; it's redefining everything from credit card activation strategies to long-term investment planning. Let’s get into it.👇 Here, we will delve into specific application...
24 October 2023 Innovation in Financial Services
The challenge facing the financial industry is how to adapt, evolve, and compete in a world where traditional financial systems and practices are no longer adequate. Disruptions in the form of new technology, regulatory pressure, and rising interest rates are forcing companies to rethink their strategies. It’s a future that’s both exciting and dau...
20 October 2023 /payments /cloud Artificial Intelligence and Financial Services
Embrace these strategies to pave the way to financial development success in your business. Process improvement in finance is typically about identifying inefficiencies, bottlenecks, or areas where businesses can make financial operations more efficient and accurate, such as budgeting, accounting, financial reporting, and payroll processing. By op...
19 October 2023 Financial Transformation
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