By Sankaet Pathak December 23, 2022 With the rise of fintech companies and banking-as-a-service platforms, growing cellular capabilities, and evolving consumer sentiments and needs, we find ourselves on the precipice of a banking revolution. According to findings from Zion Market Research, as of August 2022, the global fintech-as-a-service platform market size is predicted to grow around … Continue reading Here are the 4 ways banking will evolve in the next decade
Embedded Finance: The End of Traditional Banking Nelia Holovina / 03 Jun 2022 The role, place, and attitude of banks have changed throughout history. In the past, people did not require much from the bank. It was just a place to store money safely. However, today in the 21st century, people have much more … Continue reading Embedded Finance: The End of Traditional Banking
Open Banking and the Internet of Things: a Collaboration for the Future Rolands Mesters / 13 Apr 2022 In the 21st century, Internet of Things (IoT) devices are used globally by various age groups to establish seamless communication between people, processes, and objects. People have wide access to IoT devices, and in turn, IoT … Continue reading Open Banking and the Internet of Things: a Collaboration for the Future
Nikunj Gundaniya July 14, 2021 Digital banking is now the customer’s first demand when most of the things are going for digitalization. The incorporation of technology in the banking operation brings mutual benefit to the bank and end consumer as well. According to Forrester’s Global Financial Services Architecture Survey, about 80% of bank owners say … Continue reading How to Choose the Best Digital Banking Platform
Devin Partida July 7, 2021 It’s quite possible there will be significant incoming changes in the way customers and businesses participate in the banking ecosystem. With the emergence of artificial intelligence (AI) in financial technology (FinTech), businesses can improve their financial management systems. Technological advancements make banking and completing financial transactions simpler, allowing business owners … Continue reading How Open Banking Can Benefit Small Businesses
Mahipal Nehra June 4, 2021 Open banking is expanding technology in the world of digital banking, forcing banks to change their business models – for good. Rather than competing against fintech or third-party organizations, bank holders can grasp open banking to ally with them while standing out from the competition in the rapidly evolving industry. … Continue reading How Open Banking APIs are Lifting Up the Financial Industry
Dmytro Spilka April 30, 2021 Banking has evolved at a rapid pace over the course of the 21st Century so far. The days where you would find yourself queuing at your local bank in order to open an account, make a deposit, transfer money or cash a cheque are long gone. With digital banking’s continued … Continue reading The Rise and Rise of Digital Banking: How Fintech is Set to Disrupt Brick and Mortar Banking
Dr. Ashok Karania September 9, 2020 Tumisu / Pixabay Years from now, we’ll look back on 2020 as a milestone year for the financial services sector. While it’s still too early to assess the overall fallout from the COVID-19 pandemic, the crisis has already acted as a radical catalyst in the industry. The global fintech … Continue reading The Financial Services Megatrends Re-shaping Digital Banking
Bob Hebeisen — June 5, 2020 Digital banking has been around for decades, but it has never been hotter, and it has never been more critical to the success of financial services companies. “Distance banking” was first extended to personal banking customers in the early 1980s. Later in the decade it would be dubbed “Internet … Continue reading Digital Banking: The Surging Importance of CX
Mitul Makadia — November 25, 2019 Follow @mitulmakadia It is no secret that today, banks and other financial institutions have to evolve continually to provide the best customer experience to the users and remain competitive in the saturated financial sector. With massive counter competition from virtual banking solutions, banks are under immense pressure to boost … Continue reading RPA in Banking – Use-Cases, Benefits, and Steps
