Kunal Jhunjhunwala Founder at airpay payment services
India has positioned itself as a leader in digital payments in recent years, driven by a conducive environment and the introduction of innovative products by payment service providers (PSPs). The nation boasts a significantly high rate of digital payment adoption compared to other countries, with transaction values increasing from INR 71.97 billio...
24 September 2024 /payments /inclusion Frictionless Payments
Joris Lochy Product Manager at Intix | Co-founder at Capilever
"Data is the new gold" is a quote often heard, especially in the financial services industry. This sector deals with enormous amounts of extremely valuable data about their customers and handles purely virtual products or services. Thus, data is an essential part of the financial services business. While the value of data is undeniable,
23 September 2024 /ai /startups Analytics in Banking
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
As the digital payments landscape rapidly evolves, user experience (UX) design has become a crucial factor in differentiating financial institutions. Customers now expect seamless, intuitive, and personalized experiences that not only simplify transactions but also provide value through insights and ease of use. In this article, we explore key UX
23 September 2024 /payments /retail Innovation in Financial Services
Eric Bierry CEO at SBS
Digital transformation has become a top priority for banks in recent years as they've looked to capitalize on new streams of revenue, customer experiences and market expansion. As part of this, over 90% of banks have started the process of moving away from legacy systems to more flexible and modern cloud-based infrastructures. With these projects ...
23 September 2024 /retail /cloud Banking Strategy, Digital and Transformation
Karol Andruszków CEO at Ulan Software
In my conversations with traditional banks, it's common to hear about their efforts to tailor solutions for specific target groups - doctors, lawyers, programmers, and other professionals with relatively stable income streams. However, one key segment that often seems overlooked in these discussions is the gig worker. This is a critical oversigh...
23 September 2024 /retail /predictions
Lissele Pratt Co-founder at Capitalixe
SWIFT handles +44 million transfers, also called encrypted messages, daily. It is the most used system to transfer funds globally. Whether you're a finance professional or simply someone who occasionally sends money abroad, understanding SWIFT codes is important. In this article, you can explore the ins and outs of SWIFT codes, how to fin
23 September 2024 /payments /retail Banking
Gary Singh President at Zeta Services Inc
Despite the proliferation of digital banking apps, the banking industry still runs almost half its systems on a 1950s programming language, which makes it difficult for financial institutions to innovate quickly. Beyond being old and rigid, COBOL (Common Business-Oriented Language) carries overlooked risks, making it a potentially unacknowledged c...
23 September 2024 /payments /cloud Banking Strategy, Digital and Transformation
Alex Kreger Founder & CEO at UXDA
Customers no longer measure a bank by the magnificence of its buildings but by the quality of its digital product. The digital user experience (UX) is now the primary lens through which the majority of customers perceive the bank's brand, and it plays a critical role in shaping customer loyalty and trust. Digital products are becoming the founda
23 September 2024 /retail /devops Innovation in Financial Services
Retired Member
SWIFT: tradition and security in global money transfers SEPA: European ease for business TARGET: big money, fast and secure Instant payments: the fastest path to a more efficient business Correspondent banks: the foundation of the global financial network The impact of technology and future prospects Visa B2B Connect: global B2B payments through a
23 September 2024 /payments Banking
Erica Andersen Marketing at smartR AI
Recently SCOTi®AI answered the following controversial questions: If large language models (LLMs), like SCOTi, are beginning to ‘express opinions’ on such controversial topics, then does SCOTi have the right to free speech? Who is responsible for SCOTi’s opinions and what right(s) does SCOTi have to express them? With the first case of libel bei
23 September 2024 /ai /regulation Artificial Intelligence
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