Blockchain, the technology underpinning cryptocurrencies such as bitcoin, was initially treated with skepticism by banks; however, blockchain has become the latest buzzword in the financial sector. Here are the five …
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Blockchain in the financial industry: hype or a real opportunity?
The banking industry has traditionally been conservative in nature and extremely cautious with any kind of experimentation; this is especially true regarding blockchain. However, banks are starting to recognize that …
Read More »The 7 biggest challenges facing bitcoin
Bitcoin has come a long way since its creation almost eight years ago; however, there is still a long way to go before the digital currency becomes a widely used …
Read More »The future of HR could be in blockchain technology
Financial operations are the most common application for blockchain technology; however, blockchain can also be used in other situations such as staff recruitment. Currently, relations between companies and employees lack …
Read More »Azerbaijan to host banking forum
The Azerbaijan Banks Association (ABA), in partnership with the Center for Analysis of Economic Reforms and Communication, will hold the second ‘Adaptation of the Banking System to the New Development …
Read More »Ensuring the efficiency of digital transformation
With increasingly demanding customers and competition from fast-growing Fintech companies, the urgency for banks to deliver highly-innovative new value propositions as well as maintain and improve existing products makes software …
Read More »The future of banking lies in APIs
One of the main problems faced by financial companies today is their traditional linearity. In the era of digital transformation, the lack of alternative business models and the high cost …
Read More »How banks can adapt in the digital era
In the digital era, businesses are no longer built around products and services, rather they are built around customers. This is becoming true for banks too, with traditional banking management …
Read More »The transformation of the CIO
To serve a changing market and respond to new competitors, retail banks and credit unions are rethinking and expanding the role of the Chief Information Officer (CIO). Beyond improving the …
Read More »Banks need to develop their own mobile wallets
Mobile wallet use is growing. Most consumers (65%), however, want one payment application on their phone, and most would prefer that that application be from their bank. This presents a …
Read More »CIS Conference: Sales and cost efficiency growth, 21–22 September, Kyiv
Kiev will host the 6th SME Banking Club Conference in September 2017. The key focus this year will be on SME finance re-start in the digital era and will include …
Read More »Self-boarding of corporate clients becoming more popular
Many banks are now moving to self-boarding for corporate clients in regards to their online account accesses and privileges. Self-boarding allows corporations to set up their own users for their …
Read More »Customer-driven card-control systems gaining in popularity
Customer-driven card-control systems are starting to become more popular. They also provide greater security and a way for customers to control their payment instruments via one smartphone-ported application. Specifically, card-control …
Read More »Traditional banks increasingly embracing Fintech
Once seen as a disrupter, Fintech is now being embraced by many traditional banks as the fast-track to digital and cultural transformation that is necessary to attract and keep customers …
Read More »Should – be – known facts about the ATM
The automated teller machine (ATM) turned 50 years old this June. In celebration of its 50th anniversary, here are little-known facts about the ATM: The first “cash-dispenser” was installed in …
Read More »Will your job become automated?
What if, in the not-too-distant future, there won’t be enough jobs for people? Some economists believe that, as robots and artificial intelligence become increasingly capable of performing tasks, there will …
Read More »A blockchain explanation even your parents could understand
When first encountered, blockchain can seem like a complex concept to understand; however, simple words and common associations can help overcome that complexity and make blockchain into something that can …
Read More »Milano, 21–22 March, EFMA SME Conference
This conference will have a strong focus on the digital trends for SMEs Digital topics will include: The role of digital transformation in SME banking; How to achieve successful partnerships …
Read More »Automatic 100% digital recording protects financial institutions as well as consumers
Recording 100% of customer interactions means recording entire sessions so that they can be replayed exactly as the customer experienced it, including full details of date and time, devices used …
Read More »8 tips on how to protect bank and client data
Determine the parameters of a normal course of business The standard parameters of business operations can be detected with the help of analysis tools. Once these parameters are determined, they …
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