Guaranty Trust Bank (GTBank) of Nigeria has undertaken a significant step in modernizing its operations by adopting the Finacle core banking system supplied by Infosys. This move marks a comprehensive digital transformation aimed at enhancing operational efficiency and customer experience across
The financial services industry is undergoing a significant transformation driven by technological advancements, evolving customer expectations, and changing regulatory landscapes. Central to this transformation is the evolving relationship between fintechs and traditional banks. Once seen as
The insurance industry, traditionally known for its conservative approach and slow adaptation to change, is undergoing a significant transformation. This change is driven by the advent of financial technology, or fintech, which is reshaping how insurance services are designed, delivered, and
The Digital Operational Resilience Act (DORA) is a regulation introduced by the European Union to enhance cyber resilience and operational sturdiness in the financial sector. With the increasing frequency and sophistication of cyber threats, DORA aims to safeguard over 22,000 financial institutions
U.S. Bank is making strategic moves to bolster its capital markets and wealth businesses, aiming for significant growth in these areas. Following an investor day in September, the bank faced skepticism from analysts regarding its growth projections. Stephen Philipson, head of wealth, corporate,
In today's digital age, organizations face an increasingly complex regulatory landscape for data privacy and cybersecurity. With the introduction of stringent regulations and the rise of sophisticated cyber threats, businesses must adopt comprehensive strategies to ensure compliance and protect
