Digital banking is hugely popular and will only become even more popular as 71% of millennials believe that it’s “very important” to have a banking application. Moreover, 51% have made …
Read More »Blog Archives
Baku to host Finance and Investment Forum 2018
Baku is set to host the second Finance and Investment Forum (FIF 2018) on May 5, 2018. The forum will last for 3 days and will feature 12 local and …
Read More »The future of physical bank branches
The modern consumer has become accustomed to managing virtually everything from their smartphone, and they have come to expect the same from banking. As banks move to becoming nearly 100% …
Read More »Five undeniable truths of digital banking
Complacency is a bank killer, impacting the ability of a bank to compete and respond to the changing needs of consumers. The best defense against complacency is to accept these …
Read More »The pros and cons of internet banks
Online banking has become the norm for many simple bank transactions, making it easier for customers to check their accounts, pay their bills and move money from one account to …
Read More »Hitting the sweet spot of banking: branches vs. digital
Bank customers fall into three broad groups: conventionals (the 35% of customers who prefer to conduct their banking business face-to-face at traditional banks or credit unions), digitals (the 35% of …
Read More »FinNext 2018 conference to be held in Moscow on February 15th
FinNext 2018 will be held on February 15, 2018 at the Digital October conference center in Moscow. The event will bring together more than 600 participants and will feature 50 …
Read More »Survey finds fintech firms moving from bank foe to bank friend
For the tenth consecutive year, Temenos has conducted a comprehensive banking survey, covering areas such as the industry’s corporate and IT priorities, business challenges, competitive trends and progress to becoming …
Read More »Banks and fintech companies in “war for talent”
Europe’s fintech industry, which includes challenger banks and online-only lenders, has rapidly expanded over the past 10 years, giving fierce competition to traditional financial institutions. This competition has led to …
Read More »Open banking changing the landscape of the financial services industry
Open banking is becoming a trend in markets worldwide as it enables for quicker, more efficient use of customer data to create customer-centric experiences and meet the increasing demands for …
Read More »Integrated banking ecosystems are the future
The future of banking is one that creates an ecosystem of interconnected services and allows customers to simplify their daily lives by fulfilling a variety of needs in a single, …
Read More »Banks struggle in assessing, acquiring fintech firms
Banks are energized by financial technology companies’ innovation, but remain cautious when it comes to acquiring them. Top officials at banks have demonstrated trouble gauging fintech solutions’ earning power. Moreover, …
Read More »How artificial intelligence is changing fintech
Artificial intelligence has taken the tech world by storm, allowing companies to cut costs, automate a variety of their processes and boost their bottom line. Most commonly, chatbots are being …
Read More »Artificial intelligence “arms race” likely to heat up in 2018
Security software vendor McAfee has warned that 2018 is likely to see hackers employ machine learning, deep learning and artificial intelligence to support their cyber-attacks and find vulnerabilities faster than …
Read More »NextGen Banking London 2018: the artificial intelligence revolution
There is no doubt that artificial intelligence will unleash major changes in the world. For financial institutions, artificial intelligence represents an opportunity to radically improve efficiency, risk management, regulatory compliance …
Read More »Machine learning guideline for non-tech professionals
Sam DeBrule, founder of the journal ‘Voice of Machine Learnings’, has published a guide to machine learning technologies. The guide is intended to help keep readers up-to-date on the latest …
Read More »Predictions for artificial intelligence, big data and analytics in 2018
A new Forrester Research report predicts that, in 2018, enterprises will finally move beyond the hype and recognize that artificial intelligence requires hard work and proper planning to be deployed …
Read More »IBM publishes codes to encourage rapid creation of artificial intelligence projects
IBM has published more than 120 code templates in order to quickly launch projects related to artificial intelligence, blockchain, cloud data and other areas. Each template contains a detailed description …
Read More »Artificial intelligence in financial industry lagging behind other industries
The ‘Artificial Intelligence in Banking’ digital banking report surveyed banks and credit unions across the global to determine the extent of the development of artificial intelligence functionality in the banking …
Read More »4 considerations when starting to develop artificial intelligence
As digital banking becomes dominant and customers have little-to-no interaction with bank representatives, artificial intelligence will become more and more important in helping ensure that customers still receive the level …
Read More »