CORE BANKING, FINTECH

Digital banking – why is it becoming so important to financial organisations?

September 29, 2022

Digital banking – why is it becoming so important to financial
Over thirty years ago, people were talking about technology transformation in banking. Today, everyone is talking about digital transformation in finance. The discussions are the same, but the timing is different. Why is digital transformation so important today when, thirty years ago, it could have been ignored?

Spotlight

PixelAlpha

PixelAlpha is the decentralized derivatives exchange built on blockchain, the next step in maturity for the digital assets market. This allows us to combine all the positive economic effects of derivatives like liquidity, discovery, and risk management with the best parts of distributed ownership like revenue-sharing, self-governance, and automatic settlement.

OTHER WHITEPAPERS
news image

Capital markets CRM vs. standard CRM

whitePaper | December 13, 2019

Capital markets firms today need to do more with fewer resources, which is in part because of the changing dynamic between the buy side and sell side. These firms are turning to digital transformation, realizing in this regulatory landscape that it’s the best way to transform their business while saving time and money.

Read More
news image

5 Key Challenges in Payments Modernization

whitePaper | September 30, 2022

The pandemic caused lasting changes in consumer behavior, and the financial industry must adapt to the rapidly-evolving market. Stay-at-home orders caused many to shift to digital transactions, and these new habits have dramatically accelerated the need for payments systems modernization at financial institutions of all sizes. Legacy financial systems are ill-equipped to handle the rising volume of payments. Cyber fraud concerns have also increased as fraudsters around the globe developed sophisticated new ways to exploit financial systems, at a time when many institutions are still facing staffing shortages. Combined, these factors have made modernization of payments systems a top priority. “The dialogue in the U.S. payments ecosystem has irreversibly shifted toward offering increased speed, more choices, and simpler ways of sending and receiving payments," according to a 2022 Federal Reserve report.

Read More
news image

Foundations of banking excellence

whitePaper | September 5, 2022

Established in 2008, the Banking Industry Architecture Network (BIAN) is a collaborative initiative that has delivered a standard semantic service definition of banking that can be used as a blueprint for standardization of banking services, and rationalization of supporting IT software. It delivers a domain model that describes consistent service definitions and their boundaries that make up the services that describe banking. It contains a service view, an information view, and a capability view that together describe the banking landscape. The primary aim of BIAN is to provide a standard that makes integration of software and services capabilities easier through a standard set of definitions.

Read More
news image

Ready for Real Time 2.0?

whitePaper | February 23, 2022

The race for European banks to offer Instant Payments (IP) is more urgent than ever before. COVID-19 has piled on the pressure to adopt: throughout 2020, the average daily SCT Instant transaction volume more than doubled due to new purchase behavior. In addition, by November 2021 European banks that are TARGET2 direct participants are also mandated to be TIPS reachable – one of the two major SEPA instant CSMs.

Read More
news image

Why financial institutions need one-to-one messaging to build profitable customer engagement

whitePaper | October 3, 2022

By taking advantage of today’s technologically advanced world, there are many opportunities for financial institutions to innovate and enhance customer experience, beginning with building meaningful and authentic connections with customers. Exceptional customer engagement is an important component of quality customer experience as a whole, it directly impacts the way in which your customers interact with your organization. While a negative customer experience, such as an unpleasant interaction with customer service representatives or failure to accommodate a customer’s urgent needs, can easily tarnish the reputation of your financial institution (FI) and detract from the entire customer experience. Consequently, it is important that FIs not only seek out new ways to communicate with customers, but also exceed their expectations entirely.

Read More
news image

Shaping the Future: Artificial Intelligence for Financial Services

whitePaper | November 11, 2022

The world is entering a golden age of artificial intelligence (AI). Financial services, more than almost any other industry, stands poised to reap the benefits. The combination of advanced compute resources, abundant data, and new software development and business practices are transforming how insight, analysis, and new products and services are generated.

Read More

Spotlight

PixelAlpha

PixelAlpha is the decentralized derivatives exchange built on blockchain, the next step in maturity for the digital assets market. This allows us to combine all the positive economic effects of derivatives like liquidity, discovery, and risk management with the best parts of distributed ownership like revenue-sharing, self-governance, and automatic settlement.

Events