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Category: Operational


Capital and Risk, Operational

Banking on APIs

June 16, 2023

Via: FinTech Futures

In 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 […]


Capital and Risk, Operational

5 Ways Bank Boards Can Strengthen Operational Resilience

June 8, 2023

Via: Bank Director

As 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 […]


Capital and Risk, Operational

How Banks Can Implement 3 Types of Automation Solutions

June 1, 2023

Via: Bank Director

Common 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 […]


Capital and Risk, Operational

JP Morgan taps Sharegain for digital securities lending solution

April 24, 2023

Via: FinTech Futures

Sharegain’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

Regions Bank selects Temenos for customer deposit system modernisation

April 14, 2023

Via: FinTech Futures

Switching 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

How Digital Wallets Can Improve Payment Security in BigCommerce Stores

April 13, 2023

Via: TechBullion

With 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 […]


Capital and Risk, Operational

Lloyds Bank partners Enigio to boost trade finance digitisation

April 6, 2023

Via: FinTech Futures

The 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 […]


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 […]