Alex Kreger Founder & CEO at UXDA
Many products around us appear to be highly successful. However, sometimes this success is just an illusion. Iconic brands such as Kodak, Nokia, and Blockbuster serve as stark reminders that past success does not guarantee future relevance. These companies, once leaders in their industries, failed to adapt to the evolving digital landscape and cus...
03 June 2024 /retail /predictions Digital Bank Transformation
Guy Melamed CEO at Exberry
We could potentially be seeing a transformative shift in the world of financial markets, as the New York Stock Exchange (NYSE) seems to seriously be considering 24/7 trading. NYSE’s data team recently released a survey assessing the demand and feasibility of such a model, with questions focusing on preferences for overnight trading, investor prote...
03 June 2024 /markets Capital Markets Technology
Taras Boyko Founder at BankBee
In the rapidly evolving landscape of financial technology, the convergence of innovative digital solutions and traditional financial services has presented unprecedented opportunities and challenges. Among the most critical challenges are cybersecurity and data protection, which have become key focal points for fintech companies, financial institu...
02 June 2024 /security Information Security
Kaustuv Ghosh Founder at Nxtgen Payment Infra. Prometheus Labs.
The future of core banking in rural/community banks Rural, thrift and community banks are where large numbers of people and small businesses find access to lending and possible wealth creation. As the Open Banking discussion grows, this segment is important for meaningful financial inclusion in many markets. With it's large population and geopoli...
02 June 2024 /payments /retail Asia Financial Services
Ankur Rawat Director – Banking Products and Solutions at Newgen Software
Collection management is crucial for the health of credit markets. It involves tactfully handling overdue debts to mitigate losses and maintain financial stability. Effective collection strategies not only safeguard the liquidity of financial institutions (FIs) but also help avert potential crises by keeping the flow of credit in the economy. Howe...
30 May 2024
Mark Aldred Head of Sales at Auriga
2024 is a year of multiple elections . Now the UK has been added to the list with its general election called for July 4th. This led me to think how much the loss of in-person banking services and the demand for better alternative solutions using new technology should be an election issue. Of course, there are bigger election issues but access to ...
30 May 2024 /retail /inclusion Banking
Boris Bialek Field CTO, Industry Solutions at MongoDB
Real-time payments do exactly what the name implies. They refer to transactions that clear and settle (almost) instantaneously. This type of payment is characterised by settlement finality, instant confirmation, and immediately available funds. For businesses with transactions that span countries – or continents – this is invaluable in fostering s...
30 May 2024 /ai /payments Payments strategies 2015-2020-2030
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
In today’s fast-paced business environment, securing and maintaining relationships with large enterprise clients is crucial for revenue growth. However, processing their payments poses significant challenges, especially as transaction complexities and amounts increase. Traditional payment methods like paper checks often lead to delays and ineffici...
29 May 2024 /payments /retail Banking Strategy, Digital and Transformation
Mayuri Jain Senior Manager, BFSI Industry Marketing at Persistent Systems Inc.
In the ever-evolving landscape of finance, Natural Language Processing (NLP) has emerged as a game-changer. This innovative technology, which enables computers to understand and interpret human language, is transforming the way financial institutions operate, enhancing efficiency, and offering new insights. Here’s a deep dive into why finance is i...
29 May 2024 /ai Banking
Vipin Kumar Sharma IT and Consulting Delivery Manager at Infosys Ltd
In the past, buying or selling a stock meant waiting two business days for the trade to settle (T+2). This meant a two-day gap between agreeing on a price and actually receiving the stock and money. As of May 28, 2024, the US market has moved to a T+1 settlement cycle. Trades will now settle in one business day, reducing the risk involved f...
28 May 2024 /payments /regulation Post-Trade Forum
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