Economies periodically undergo fundamental shifts in the way in which they operate. Prior to this year, we saw “social” and “sharing” economies; however, the COVID-19 pandemic and associated restrictions have …
Read More »4 keys for successfully moving into a digital financial environment
There has (rightfully) been a lot of talk this year about digitization in the financial sector, with the COVID-19 pandemic drastically accelerating the development and implementation of digital solutions in …
Read More »Deloitte report highlights digital efforts of financial institutions this year
Deloitte has released its Digital Banking Maturity 2020 report. This is the 4th edition of the report, which is the largest global benchmarking effort of digital retail banking channels. It …
Read More »5 steps for financial institutions to secure their digital banking channels
When the COVID-19 pandemic first hit, financial institutions rushed to digitize both their internal processes and their consumer-facing services in order to provide consumers with reliable products and services in …
Read More »Internet Banking Rank 2020 report published
Markswebb has published its Internet Banking Rank 2020 report, which explores how an online financial institution for individuals can be developed to bring value to consumers and cope with new …
Read More »Infographic: COVID-19 boosting banking’s focus on digitalization
The COVID-19 pandemic has dramatically reshaped our world in only a few short months. In the world of banking, this has led to an increased focus on digitalization. This trend …
Read More »What lifestyle banking means for the future of banking
Most people today maintain an active lifestyle that is defined by a routine or set of routines. Moreover, more and more aspects of life are continuing to become part of …
Read More »Video: the state of artificial intelligence in banking
Artificial intelligence (AI) is becoming an increasingly common tool used by financial institutions across the world. Take a quick look at how they are putting AI to use, what risks …
Read More »CBDCs alone cannot solve financial inclusion problems
Financial inclusion (or the lack thereof) is an ever-present issue, even in the modern world. In fact, an estimated 1.7 billion do not have reliable access to a bank account …
Read More »Design considerations for central bank digital currencies
Central bank digital currencies (CBDCs) are being explored and, in some cases, piloted by central banks around the world. To become a contributing part of our future world however, they …
Read More »New report highlights central bank digital currencies
Deutsche Bank Wealth Management has released a new special report on central bank digital currencies (CBDCs). The report highlights how CBDCs could fundamentally change all financial relationships by, essentially, making …
Read More »Quick look at the statuses of various CBDC projects around the world
A new working paper from the Bank for International Settlements (BIS) examined the state of various central bank digital currency (CBDC) projects around the world to see what their statuses …
Read More »Central bank digital currency projects aim to complement cash, not replace it
New research recently published by the Bank for International Settlements (BIS) includes a detailed analysis of 32 various projects around the world related to the design, development and launch of …
Read More »Interest in central bank digital currencies surpasses that of Bitcoin
A new report from the Bank for International Settlements (BIS) shows that public interest behind central bank digital currencies (CBDCs) is quickly gaining traction around the world, even outpacing that …
Read More »Video: central bank digital currency basics
With China set to pilot its new central bank digital currency (CBDC) in select areas across its territory, it is poised to become the first nation in the world with …
Read More »Infographic: the benefits of a central bank digital currency
The idea of developing and implementing a central bank digital currency (CBDC) is gaining traction in governments around the world. Take a quick glance of the benefits of a CBDC …
Read More »Video: Ethereal Virtual Summit 2020 discussion on central bank digital currencies
Taking place as part of Ethereal Virtual Summit 2020, Michael del Castillo of Forbes hosts an enlightening discussion on central bank digital currencies in the age of COVID-19 with guests …
Read More »Big Data in banking is becoming everything
While social media companies are great at determining what gets our attention, financial institutions know what opens our wallets. Now, Big Data offers a way to combine these two forces …
Read More »Big Data challenges and trends for the financial services industry
Big Data is one of the biggest trends happening right now in the financial services industry, with nearly every player understanding the need to leverage analytics garnered from an ever-increasing …
Read More »Big Data’s impact on finance
The financial services industry is changing at an unprecedented pace. Let’s take a quick look at the role of Big Data in this time of extraordinary change: Risk modeling and …
Read More »