Digital Transformation and the Race to the Future

June 15, 2018

Banks around the world are on notice that the tradition-bound business-as-usual approaches to banking are a doomed recipe for obsolescence and that the only path to survival and growth is through digital transformation. This means retooling operations, products, and people that leverage speed, a dynamic user experience (UX) and smart data to create an agile banking operation that feels like you are ordering an Uber ride or making a purchase on Amazon.com. In its report, Retail Banking 2020: The Future of the Retail Banking Industry, PwC states: “Banks will need to be on the cutting edge of technology and see that emerging customer needs and lifestyle demands are engrained in every offering. They need to understand what’s possible, where the latest technology innovations are, what systems can deliver them, and what should be pursued.”

Spotlight

Bench Accounting

Bench is a four-year-old fintech company that automates accounting tasks to organize the financials of small businesses. We pair you with a dedicated bookkeeping team and use simple, elegant software to do your books for you. We've raised $33M to date, serviced thousands of business owners across the country, and currently employ 250 people out of our headquarters in Vancouver, Canada.

OTHER WHITEPAPERS
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How Modern Observability Eases Digital Transformation In Banking

whitePaper | November 3, 2022

TA bank’s digital team typically has full observability of only 11% of its application and infrastructure environments, according to the Global CIO Report 2020 by Dynatrace. The data and metrics-laden systems are too complex and, by association, timeconsuming for most in-house teams.

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Everything You Should Know About Contactless Payments

whitePaper | February 15, 2022

For years, shoppers in Europe and Asia have been paying with contactless methods such as mobile wallets and contactless cards. While U.S. consumers have traditionally been slow to adopt this payment method, they’ve recently begun making up for that delay.

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FinTech White Paper

whitePaper | December 7, 2022

Blockchain -based technologies continue their disruptive journey in the financial services industry. Some jurisdictions more than others are taking the stage as Fintech power houses with transformative initiatives and a particular focus on digital assets. Technology, favourable regulation and ecosystems attract investors and drive the market to innovative solutions. Regulators are addressing the risks while looking at the potential benefits of digital assets and their underlying technologies. The aim is the protection of consumers, investors and businesses, as well as maintaining the safety and soundness of the financial market s .

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Climate-Related Financial Risk

whitePaper | February 1, 2023

Climate-related financial risk has become a prominent theme that is high on the agenda of U.S. and European policymakers and regulators. A number of these organizations have publicly declared climate-related risk a potential threat to global financial stability, and many have published formal consultations related to this topic.

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SUSTAINABILITY IN EXPORT FINANCE

whitePaper | May 31, 2022

In 2015, the UN General Assembly formally established the 17 UN Sustainable Development Goals (SDGs) to be addressed by 2030 and that same year, 195 countries committed to keep global warming to well below 2°C. An estimated $5-7 trillion a year of new investment is needed until 2030 to realise the SDGs globally, including investments into infrastructure, clean energy, water and sanitation and agriculture.

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NEO-PRIVATE BANK & FINANCIAL INFRASTRUCTURE 3.0

whitePaper | April 25, 2022

Cryptocurrency and blockchain technologies are the underpinnings of a new financial infrastructure, similar to how the internet was the underpinning of a new information infrastructure. In this paper we present Ledgity, the Neo-Private Bank & Financial infrastructure dedicated to financial advisors and their clients, paving the way for a greater adoption of crypto asset investments and blockchain technology. Beyond the digitization of investors’ experience, we make it easy for financial advisors and their clients to widen their investment scope. For the first time crypto assets and tokenized financial products are easily accessible to traditional finance. Ledgity is the first digital wealth management infrastructure that harnesses the benefit of blockchain technology for the representation and the exchange of assets. Crypto asset investments opportunities and asset tokenization are offered to all, at a finger touch, on our fully integrated platform.

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Spotlight

Bench Accounting

Bench is a four-year-old fintech company that automates accounting tasks to organize the financials of small businesses. We pair you with a dedicated bookkeeping team and use simple, elegant software to do your books for you. We've raised $33M to date, serviced thousands of business owners across the country, and currently employ 250 people out of our headquarters in Vancouver, Canada.

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