Tag:

Digital Transformation

Digital Transformation in 2021: Reshaping the Russian Banking Sector

by internationalbanker March 9, 2021

2021 is fraught with questions about banking’s future in the strange, perplexing COVID-19 world, but there are key technological trends for industry participants to explore and exploit. Open banking, embedded finance, time and money, personalization, cybersecurity, digital currencies, payments without intermediaries will be principal factors in reshaping banking in Russia and worldwide. Staying in the game will hinge on a bank’s determination to make digital transformation its key strategical goal.

March 9, 2021

Interview with Mr. Johan Thijs, Chief Executive Officer of KBC Group

by internationalbanker December 17, 2019

Mr. Simon Hughes of International Banker travels to Belgium to interview Mr. Johan Thijs, Chief Executive Officer, KBC Group, on the bank’s ongoing digital transformation, the innovation that drives that transformation and KBC’s wider role in society.

December 17, 2019

Technology

Secure Your Digital Transformation With These 3 Steps

by internationalbanker December 13, 2019

Bankers are bullish on digital transformation. According to 2018 research by the Boston Consulting Group, 86% of financial institutions agree that digitization will upend the industry and permanently transform the competitive landscape.

December 13, 2019

Technology

Cloud Adoption in the Financial Services Industry is on the Rise, What is Driving that Trend?

by internationalbanker November 21, 2019

In recent years, there has been a significant shift in the relationship between banks and the public cloud. While financial institutions were initially reluctant to embrace the technology, they are now amongst the most likely to do so. According the Culture of Innovation Index, recently published by ACI Worldwide and Ovum

November 21, 2019

Technology

Customers to Benefit from the Digital Transformation of Banking

by internationalbanker September 25, 2019

Once upon a time, traditional banks could depend on customer loyalty, no matter what. A bank was the one-stop-shop for all things related to consumer finance. Not anymore. Not now that neobanks and fintechs are competing for the same consumers. Although bank customers are reluctant to move their financial business, banks are being increasingly challenged to address their needs first, which is all working out to their advantage.

September 25, 2019

Technology

Will the Constraints of Traditional Systems Cost Banks the Next Generation of Customers?

by internationalbanker August 21, 2019

Banks are a mixed bag when it comes to utilising technology’s full potential: some are taking full advantage while some are trying, and often struggling, to apply technology to their existing businesses.

August 21, 2019

Companies Technology

It’s Time to Get Smart about Artificial Intelligence

by internationalbanker June 4, 2019

Artificial intelligence is infiltrating almost every industry, including banking, and automating tasks in ways that outperform humans. But is this cause for nail-biting or rejoicing? A lot depends on how intelligently artificial intelligence is first viewed and then put to work by humans. Banks worldwide, such as Alawwal bank in Saudi Arabia, are proving that this powerful technology, if exploited smartly, will be transformational for banks and customers alike.

June 4, 2019

Technology

Open Source Financial Services Trends for 2019

by internationalbanker February 26, 2019

With the new year comes new priorities for business and technology leaders, new trends to look out for and new best practices and ideas. While it can be hard to sift through all of the information to understand what it is that will have the biggest, most positive impact on your financial organization

February 26, 2019

Technology

How Should the Finance World Deal with Legacy Technology?

by internationalbanker January 22, 2019

Mainframe computers have enabled banks to manage huge amounts of financial data for nearly 70 years, but these legacy systems are today proving to be hindrances to progress. Lean fintechs are taking full advantage of today’s ground-breaking, agile technology, while established banks are struggling to transform their bedrock digital infrastructure for the new world. How are banks migrating to cutting-edge systems that will maintain them on their industry’s frontlines?

January 22, 2019

Banking Companies

Interview with Mr. Edwin R. Bautista, Mr. Henry R. Aguda, Ms. Michelle E. Rubio and Ms. Ana A. Delgado of UnionBank

by internationalbanker December 20, 2018

UnionBank’s “moonshot” determination to undergo a complete digital transformation pervades the entire organization, not only the IT Department. UnionBankers are united in their vision for “making the diff” for their customers and wider communities by excelling in innovative products and services. In our interview, we discussed the bank’s progress with leaders from four separate areas of this ambitious Philippine bank.

December 20, 2018

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