Tag Archives: Digital Transformation

Open banking and the regulatory environments driving it are forcing financial institutions to become a platform business. However, there are 4 such platforms for financial institutions to consider: Proprietary platforms …

Beyond Banking is a business model in which consumers receive a package of services through an ecosystem of various providers. It works by taking advantage of open APIs to quickly …

It cannot be stated enough that open banking is here, and it’s here to stay. Financial institutions must now embrace open banking if they are to remain relevant in the …

Open Banking is making a significant impact upon the banking industry in Europe and encouraging more players to get involved in the financial services industry. In fact, newcomers have increased …

Two of Africa’s largest mobile operators and mobile money providers (Orange Group and MTN Group) have announced they will use Mojaloop, an open source financial services technology sponsored by the …

Isracard, the largest credit card company in Israel, has selected banking software company Temenos to serve as its open banking platform. Isacard’s selection of Temenos will help the company achieve …

The Second Payment Services Directive (PSD2) underpins open banking across the European Union (EU); however, open banking in the Netherlands has yet to become a reality as Dutch regulators have …

Changing consumer patterns, the emergence of non-traditional competition (e.g. FinTechs, blockchain and artificial intelligence) and initiatives undertaken by the Reserve Bank of India have provided the ideal timing for Indian …

Early this year, Sberbank registered 182 domains having “sber” in the address (e.g. sber-medicine.ru, sber-fashion.ru and sbersale.ru). The mass registration of domains is part of Sberbank’s effort to develop an …

The Digital Tools for the Development of Insurance Product Partner Sales roundtable was held in Moscow, a first-ever discussion between insurance companies, intermediaries and IT experts in the country. The …

Rapid digital transformation has not only hastened the expansion of FinTech in recent years, it has also increased the demand for FinTech skills. Moreover, this demand calls for a convergence …

The world of technology seems to be filled with endless opportunities for innovation and success, whereas the financial world is often perceived as outdated and with a bleak outlook. Yet, …

A global survey of 1,000 bank and financial firm executives found that the biggest concern for many financial institutions is access to skilled developers. In fact, 97% of respondents said …

Technology is helping advance HR into a new era. Here are 12 expert predictions on the future of HR:   People analytics – technology is making it easier to integrate …

There has been a noticeable revival for educational products, with an increasing number of accelerators and investors becoming interested in educational startups and many corporations working to develop their own …

PayPal, a leading brand in the digital economy, has announced its plan to join the launch of a FinTech educational program in Singapore, alongside Singapore’s five polytechnic institutes and the …

The creation of the first school of digital economics in Russia was announced last fall at the Eastern Economic Forum. The school, founded as an innovative educational project designed to …

Uzbekistan hosted the second DigiGirlz High Tech Camp educational program, which is aimed at increasing the potential of girls and attracting them to the technology sector. The program, held at …

JPMorgan Chase & Co. plans to open a FinTech campus in Palo Alto, California as part of its efforts to attract more Silicon Valley talent. The campus, scheduled to open …

John Garvey of PwC Global discusses the importance of getting your workforce comfortable with new and emerging technologies in our increasingly digitized world. Podcast: is COVID-19 the catalyst for banking …