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Category: Operational


Capital and Risk, Operational

ChatGPT and generative AI — what does banking have to do with it?

March 7, 2023

Via: FinTech Futures

Ready or not, the genie is out of the bottle and there is no going back. From digital art and journalism to gaming and marketing tech, every industry is being disrupted. Open AI’s ChatGPT, in particular, stole the limelight after […]


Capital and Risk, Operational

Executive panel: key banking cybersecurity developments for 2023

March 6, 2023

Via: FinTech Futures

1. Artificial intelligence (AI) and machine learning (ML) As cybercrime continues to become more sophisticated, banks are adopting technologies that can keep up with the threats. AI and ML are among those technologies that are playing an important role in […]


Capital and Risk, Operational

Nationwide taps Board to upgrade financial planning capabilities

March 1, 2023

Via: FinTech Futures

Nationwide will utilise Board’s Intelligent Planning solution to upgrade “vital” financial planning processes and systems across multiple use cases. The switch will enable the building society to deliver “better insights for our teams, and ultimately better outcomes for Nationwide’s members”, […]


Capital and Risk, Operational

How Bankers Can Take Advantage of AI

February 22, 2023

Via: Bank Director

Among the biggest stories in tech remains the astonishing advancement in artificial intelligence, or AI, over the past several months. While AI has been evolving for a very long time, its latest iterations and implementations have reshaped how people think […]


Activity, Capital and Risk, Operational, Retail Banking

Building a future-ready bank

January 25, 2023

Via: FinTech Futures

Will it be tokenisation? The metaverse? A new revolutionary payment mechanism? Or something else more abstract? The opportunities are endless… but one concept dominates the retail banking world and continues to be discussed year in year out: how can banks […]


Capital and Risk, Operational

Saudi Central Bank debuts open banking lab to boost innovation

January 6, 2023

Via: FinTech Futures

The Open Banking Lab will provide fintechs and banks with a technical testing environment, allowing them to develop, test and certify their open banking initiatives and ensure their compatibility with the country’s Open Banking Framework. The framework includes a comprehensive […]


Capital and Risk, Operational

US agencies outline risks of crypto to banking system

January 5, 2023

Via: FinTech Futures

The agencies say they have “significant safety and soundness concerns” with business models that are concentrated in crypto-asset-related activities or have exposure to the crypto-asset sector. As a result, in a year marked by “significant volatility” in the cryptosphere, the […]


Capital and Risk, Operational

5 Reasons why your business need POS billing software

December 27, 2022

Via: TechBullion

A POS system is a software and hardware setup that makes managing your business easier. A point-of-sale system comprises the hardware and software required to run it. Hardware includes a computer, a physical terminal, a scanner, a printer, and other […]


Capital and Risk, Operational

What’s Embedded Banking and Why Does It Matter?

December 23, 2022

Via: Bank Director

The financial technology industry is notorious for its ever-changing nature. Silicon Valley’s breakneck pace is enough to make some industry veterans’ heads spin. Advancements in technology and changes in economic incentives can create ripple effects that shift the entire fintech […]


Activity, Capital and Risk, Operational, Retail Banking

Huntington Bank partners with app to help neurodiverse people bank better

December 16, 2022

Via: Banking Dive

Common banking tasks like depositing a check and using an ATM to withdraw money have been made more accessible to folks with autism, thanks to a new partnership between Huntington Bank and app Magnusmode. Huntington this week became the second […]


Capital and Risk, Operational

Integro Bank Addresses the #1 Risk to Arizona Small Businesses: Cyberattacks

December 13, 2022

Via: PR Newswire

Integro Bank announced that with cyber-attack risks representing the #1 threat to small businesses, it is now offering increased cyber risk protection to its clients. Business owners should be concerned that “53% of all cyber-attacks target small businesses and 60% […]


Capital and Risk, Operational

Deutsche Bank partners Nvidia to advance the use of AI in financial services

December 7, 2022

Via: FinTech Futures

Together, the two firms aim to combine their expertise to develop applications that will improve risk management, boost efficiency and enhance customer service using Nvidia AI Enterprise, an end-to-end software suite for AI development and deployment. The partnership will also […]


Capital and Risk, Operational

Building a Robust Digital Ecosystem, Regardless of Size

December 6, 2022

Via: Bank Director

Let’s get right to the punch: Size should not limit how progressive your bank can be with its digital innovation strategy. Don’t let asset size fool — or limit — you. As a 2022 ICBA ThinkTECH Accelerator graduate, we’ve had […]


Capital and Risk, Operational

Wells Fargo launches digital business banking platform Vantage

December 6, 2022

Via: FinTech Futures

Named Vantage, the new offering leverages artificial intelligence and machine learning (AI/ML) to deliver personalised corporate and commercial financial services for businesses based on their specific needs. The platform uses AI to provide financial recommendations and next steps, Wells Fargo […]


Capital and Risk, Operational

4 Keys Banks Need to Unlock Value From Artificial Intelligence

November 15, 2022

Via: Bank Director

Banks of all sizes are tuning up their technology to better compete for customer loyalty by focusing on areas involving consumer interactions. But bank leaders need to understand that artificial intelligence, or AI, alone can’t revolutionize the customer experience. In […]


Capital and Risk, Operational, Regulations

Banking-as-a-service grows as regulators play catch-up

October 25, 2022

Via: Banking Dive

Banks’ relationships with fintechs, particularly banking-as-a-service (BaaS) arrangements, have garnered increased attention among regulators and lawmakers in recent months. BaaS, a business model that allows fintechs and corporations without a charter to offer their customers financial services by using the […]


Capital and Risk, Operational

‘Financial Hacking’ Plagues DeFi in Latest Setback for Crypto

October 20, 2022

Via: Insurance Journal

Decentralized finance, the once red-hot slice of the crypto universe that was at the center of this year’s collapse of the digital-asset world, is facing a rapidly increasing new challenge: financial hacking. After being plagued for years by hackers seeking […]


Capital and Risk, Operational

Deutsche Bank partners Fiserv to launch SME payments and banking solution Vert

October 17, 2022

Via: FinTech Futures

Vert is the only German provider that combines the two payment and banking services, “meeting market demand” for an integrated offering, Deutsche Bank says. The new platform also offers next-day banking-day pay outs, providing merchants with faster access to their […]


Capital and Risk, Operational

HSBC turns to Trade Ledger for digital receivables finance capability

October 12, 2022

Via: FinTech Futures

The bank says customers can now transfer data directly through an API from their accounting software package “with a few clicks”, and they also have the option to upload their data through a user interface (UI). Digital RF automatically generates […]


Capital and Risk, Operational

What to Consider as Regulators Scrutinize Bank-Fintech Partnerships

October 10, 2022

Via: Bank Director

Fintech partnerships, specifically banking as service arrangements, are changing the risk profile at community banks and require heightened risk management from executives and the board. Banking as a service has evolved from the niche domain of certain community banks to […]