Innovation inRetail Banking

whitePaper | July 26, 2022

For a very long time, incumbent banks/financial institutions have remained the pillars or stalwarts of the banking industry. Be it a retail consumer or a business, banks have remained a one-stop solution for all their financial needs. However, financial institutions have had their fair share of challenges in the past decade, which have ultimately trickled down towards the end consumer and revolutionized banking as we know it.

whitePaper | June 30, 2022

The UAE is currently celebrating its Golden Jubilee. In a mere 50 years, the UAE and especially Dubai has earned an eminent place on the world map. Dubai has diversified away from hydrocarbons through progressive policies, proving that building a foundation that supports innovation can lead an economy to surpass geographical, time and age constraints.

whitePaper | October 25, 2022

Financial institutions’ pre-pandemic investments in technology and the increased adoption by the public of online banking services helped banks and credit unions continue serving and, in some cases, expand their reach of customers. However, accelerated technology adoption and institutions’ growing reliance on third-party partners amplify the importance of cybersecurity measures for protecting private data, financial assets, and systems.

whitePaper | April 1, 2023

“Banking is necessary; banks are not,” said Bill Gates in 1994. As financial services become increasingly embedded into everyday life, the truth of this statement has never been clearer. Customers are increasingly accessing financial services through channels other than the bank. Embedded finance is changing the banking landscape and is expected to have an estimated market value $138 billion by 2026, according to Juniper Research.

whitePaper | June 25, 2022

The past decade’s remarkable growth of Bitcoin to establish itself as a globally recognized force in the world of finance has fundamentally changed the way we view ownership, freedom and the individual’s right to public financial tools.

whitePaper | May 23, 2023

How can AI help, no matter which stage you are at in the credit cycle? There are multiple stages in the life cycle of a loan from origination and onboarding right through to monitoring and risk management, securitization and trading or investing. Each part of the cycle requires access to comprehensive, accurate and up-to-date data. Digital transformation is leading to greater efficiency in all of these areas but going digital alone may not be enough to fully harness the benefits of new technologies when it comes to regulatory compliance and risk management. And beyond that, what is the value this enhanced data flow brings? How can AI tools give companies a competitive edge?