The landscape of banking is undergoing a significant transformation, driven by the need to meet modern consumer expectations for convenience, personalization, and security. Financial institutions, including banks and credit unions, are increasingly adopting advanced technologies to enhance customer
The Consumer Data Right (CDR), commonly known as open banking, has ignited a heated debate in Australia that revolves around its effectiveness and future potential. Recent discussions have showcased significant challenges and conflicting viewpoints among major banks, fintech companies, and
In the rapidly transforming digital landscape, customer expectations for financial institutions have escalated significantly. Modern consumers demand seamless, personalized, and secure financial services from their banks, and they expect these services to be accessible at any time, from anywhere.
Fidelity National Information Services (FIS) is showcasing a promising trend in core banking solutions, reflected by a noticeable increase in recurring revenue and cross-selling activities. CEO Stephanie Ferris reported a 6% acceleration in recurring revenue growth and a year-over-year increase in
A letter from House Republicans on the House Financial Services Committee to federal regulators has sparked a debate over the balance between regulation and innovation in bank-FinTech partnerships. Addressed to the Federal Reserve Board, the Office of the Comptroller of the Currency (OCC), and the
Volante Technologies has formed a strategic alliance with Standard Bank to modernize payment infrastructures across Africa, starting with South Africa. This partnership aims to revamp Standard Bank’s payment operations using Volante’s Payments as a Service (PaaS) platform and Embedded Preprocessing
