BMO has made significant strides in digital banking by integrating Dynatrace’s AI technology. The Technology, Resiliency, and Experience Operations (TREO) unit now uses the Dynatrace platform, including its Grail data lakehouse and Davis AI technology, to gain sharp insights into system operations.
Small and medium enterprises (SMEs) are vital to the growth of emerging economies, yet they often struggle to secure the necessary funding. To address this challenge, the World Council of Credit Unions (WOCCU) has rolled out an impressive initiative within its Technology and Innovation for
The Fall of a FinTech Innovator When Synapse Financial Technologies declared bankruptcy, the shockwaves reverberated across the banking-as-a-service (BaaS) industry. For years, Synapse played a crucial role as a middleware provider, bridging the gap between traditional banking institutions and
Standard Chartered is taking a significant leap in digital banking by launching its Open Banking Marketplace. This innovative platform provides over 100 API products to industries like manufacturing, fintech, and e-commerce across 33 international markets. The marketplace originated from the
Amidst a technological revolution in finance, banking behemoth Black Banx from Toronto is spearheading the shift to digital banking, catering to the rapidly evolving demands of today's consumers. This innovative digital bank goes beyond mere adaptation; it is an industry trailblazer in
Berenberg Bank, a venerable institution with roots in the 16th century, is embarking on a significant expansion of its corporate broking services in the United Kingdom. As competitors within the financial sector grapple with various market challenges, Berenberg is seizing an opportunity to grow its
Fintech is more than just a technological advancement—it's a catalyst for inclusive financial growth, providing services to those traditionally left out of the banking system. It's transforming the way we approach banking and financial transactions, making them more accessible, faster, a
AI has revolutionized customer service in retail banking, driving the sector into a new era where digital interactions complement traditional banking methods. This transformation became especially critical after the 2019 pandemic, which altered customer expectations and hastened the adoption of
The financial transaction landscape is rapidly evolving as countless people opt for smartphone and computer banking over traditional methods. Recent statistics reveal a substantial uptick in digital banking users, with mobile banking seeing a robust 8% growth to 16 million users, while internet
AI and Job Dynamics: Threat or Opportunity? The integration of Artificial Intelligence (AI) in various industries has sparked intricate discussions on employment dynamics. Some view AI as a threat to jobs due to potential automation, while others anticipate a surge in job creation spurred by
