Retired Member
Artificial Intelligence, in all of its different forms, isn’t new in the financial services space. As is often the case with new technologies, banks were early adopters of AI, with early use cases being focused on chat bots, RPA, as well as fraud and risk management. However whilst, according to McKinsey, 60% of firms have at least one AI capab...
19 November 2020 /retail /cloud Artificial Intelligence and Financial Services
Roel Jansen SaaS Solutions Marketing at Temenos
The transition to next generation applications for core banking is a significant challenge for any incumbent bank. Globally banks spend millions of dollars annually on maintaining their core banking landscape. Largely, these systems are based on technology from the pre-internet era, not seldomly written in historic code languages like Cobol. Stil...
18 November 2020 /retail /cloud Fintech
Dhruvesh Patel Architect - Technology at Cognizant
In recent era, Banking and Financial organizations are now embracing cloud, the question has changed from “Should we go to cloud?” to “How to embrace cloud?”. This article will focus on cloud modernization basics such as what and why of cloud-enabled digital transformation first and then provide insights on how to approach cloud modernization. Wha...
18 November 2020 /cloud Banking Strategy, Digital and Transformation
Laura Francis Head of Brand and Marketing at Form3
Digital banking has exploded, fueled by growing digital confidence, technology advancement and new, agile challenger banks but also a global pandemic creating an almost overnight shift in how both businesses and consumers move money. Pre-Covid, digital transformation was already gaining importance among UK and European Banks as a strategic necessit...
17 November 2020 /payments /cloud Cloud Banking out of the Box
Corneliu Rimboiu Principal Consultant at Capco
COVID has forced us to adjust fundamental aspects of our lives with little warning and against a background of anxiety and uncertainty. However, while they test us, such dislocative events can also foster innovation and unlock opportunities. Whether their focus is enterprise-wide, solutions-oriented, strategic or technical, the role of the architec...
17 November 2020 /cloud /covid-19
Consumers today expect convenience, personalization and choice from their financial service providers. As a result, financial institutions are under increased pressure to evolve and keep up with changing customer expectations. The World Fintech Report 2020 from Capgemini and EFMA revealed that 50% of consumers now say their financial services prov...
12 November 2020 /retail /cloud Banking Strategy, Digital and Transformation
Companies in the banking sector are undergoing a range of digital transformation initiatives, and while these projects are necessary to remain competitive, they can also bring problems. Making use of modern application design approaches and navigating cloud migrations can create intelligence gaps if not addressed, threatening the reliability and s...
10 November 2020 /cloud /devops Information Security
John Cragg Chief Executive Officer at MYHSM
‘Cloud as a Service’ is the term that often goes hand in hand with ‘cloud migration’ – both of which are now becoming more mainstream due to the cloud’s scalability and hyper-efficient cost benefits. Companies leveraging the cloud can focus more on core business operations and avoid spending time and resources on processes and infrastructure, whic...
10 November 2020 /security /cloud
Andrew Beatty Head of Wealth, Retirement & International at FIS
During a recent conversation, Simon Sinek, leadership guru and eternal optimist, reaffirmed his belief that an infinite mindset is central to long-term business success. He further suggested “The goal is not to be perfect by the end, the goal is to be better today.” In this blog we consider his thoughts in the context of bank modernization and how ...
29 October 2020 /retail /cloud Banking Strategy, Digital and Transformation
Jussi Karjalainen CEO at Valtatech
- Top tips for getting your finance and procurement data in order. We are all striving for the ability to make data-driven decisions. Whether it is using data to find patterns, identify emerging trends, or extract insights that are not obvious from the surface. But how many of the following scenarios sound familiar? Perhaps your data is not access...
28 October 2020 /cloud /devops Data sharing
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