June 16, 2023
Via: FinTech FuturesIn 1992, I wrote a paper on the future of application development for Lloyds Bank. My paper described a vision of “end user development” to maximise flexibility and reduce cost of development. In this paper I called for the bank […]
June 8, 2023
Via: Bank DirectorAs banks face an expanding array of threats and challenges, boards recognize the need to adapt their thinking. As a result, boards are increasingly taking a new approach to operational resilience. The topic of operational resilience calls to mind internal […]
June 1, 2023
Via: Bank DirectorCommon and current inefficiencies include relying on manual reports created in spreadsheets across multiple systems, using email or word processing to capture and document approvals and serve as a system of record and inconsistent procedures across business functions. A digital-first […]
April 24, 2023
Via: FinTech FuturesSharegain’s digital securities lending solution will bolster JP Morgan’s existing client offering for wealth managers and online broker participants across 30 markets. The fintech’s end-to-end digital solution allows investors to generate revenue through loaning out their financial assets – including […]
Activity, Capital and Risk, Operational, Retail Banking
April 14, 2023
Via: FinTech FuturesSwitching to a scalable, modular, cloud-based Software-as-a-Service (SaaS) model means Regions Bank can offer more personalised banking products and services, Temenos says. Regions Financial Corporation CEO and president John Turner says modernising the bank’s core systems “paves the way” for […]
Capital and Risk, Channels, Operational
April 13, 2023
Via: TechBullionWith the rapid growth of eCommerce and the increasing number of online transactions, security concerns have become more prevalent than ever before. Payment security has been a major issue in the online business environment, with many of them falling prey […]
April 6, 2023
Via: FinTech FuturesThe pair will widen the number of use cases for Enigio’s trace:original solution for digital original documents, including promissory notes, bills of exchange and bills of lading. The trace:original solution enables the creation of digital documents that can be used […]
March 7, 2023
Via: FinTech FuturesReady 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 […]
March 6, 2023
Via: FinTech Futures1. 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 […]
March 1, 2023
Via: FinTech FuturesNationwide 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”, […]
February 22, 2023
Via: Bank DirectorAmong 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
January 25, 2023
Via: FinTech FuturesWill 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 […]
January 6, 2023
Via: FinTech FuturesThe 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 […]
January 5, 2023
Via: FinTech FuturesThe 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 […]
December 27, 2022
Via: TechBullionA 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 […]
December 23, 2022
Via: Bank DirectorThe 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
December 16, 2022
Via: Banking DiveCommon 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 […]
December 13, 2022
Via: PR NewswireIntegro 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% […]
December 7, 2022
Via: FinTech FuturesTogether, 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 […]
December 6, 2022
Via: Bank DirectorLet’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 […]