Redial

JULY 13, 2023

Is no news that the banking and finance industry ae facing some constant needs to adapt and continue to offer modern solutions. Staying ahead of the curve is crucial for banks and financial institutions to remain competitive, as clients, rightfully so, don’t forgive bad experiences, especially in terms of their money.

Banking 100

Banking Cybersecurity Advisory Nearshoring 100

IBM Services

MARCH 27, 2024

If you or your retirement savings are a shareholder of a bank, you care. The decline of cash Exhibit A: Australian banks are trying to figure out how to handle cash as its usage declines. There are considerable costs to banks who handle cash, which is why they often charge businesses for each cash deposit by volume.

Banking 68

Banking Operational Costs Service Outsourcing 68

Perficient Digital Transformation

APRIL 18, 2024

Open Banking is going to do for the banking industry what the introduction of the Apple smart phone did for cell phones. What is Open Banking? Traditionally, banks hoarded financial data, sharing it sparingly on a need-to-know basis.

Banking 52

Banking Regulations Retail Accounting 52

Everest Group

OCTOBER 11, 2022

Open banking – a system that provides third-party access to financial data through application programming interfaces (APIs) – has unlocked digital financial innovation and disruption. Read on for more on our latest open banking research. . Read on for more on our latest open banking research. .

Banking 59

Banking Finance Research Accounting 59

IBM Services

FEBRUARY 1, 2024

More prominently, central bank digital currencies (CBDCs) have come to offer digital forms of central bank money, while tokenized deposits tokenize the lifecycle of commercial bank money in both the retail and wholesale context. What are central bank digital currencies?

Banking 98

Banking Retail Regulations Research 98

Everest Group

MAY 22, 2024

In my last blog, Driving Factors for IT Services Recovery in 2024: Insights from Everest Group’s Forces & Foresight Research , I highlighted three forces fueling our services industry growth turnaround foresight. Take the example of banking, financial services, and insurance (BFSI).

Service 69

Service Banking Right-Sizing Cybersecurity 69

Everest Group

MARCH 16, 2023

With the recent banking implosion, the global financial services industry , technology companies, and service providers will be hit in different ways. Let’s explore the reverberations of these concerning banking trends. We believe this will start a domino effect impacting banking regulations, profitability, and technology spend.

Banking 52

Banking Service Right-Sizing Risk Management 52

IBM Business Partners

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach. appeared first on IBM Blog.

Banking 89

Banking Cybersecurity Collaborations Service 89

Perficient Digital Transformation

DECEMBER 22, 2023

This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI) within the industry. A pivotal aspect of this conversation revolves around the regulatory perspective toward AI.

Banking 52

Banking Risk Management Risk Management Cybersecurity 52

The Global Small Business Blog

MAY 13, 2022

©iStock/Blue Planet Studio What if you could find a banking product for your global business that will allow you, as the founder, to open a US bank account, remotely, from any continent, with no US Social Security Number required? Discover fintech company doola , which does just that.

Banking 176

Banking Accounting 176

IBM Services

APRIL 20, 2023

Trust is the cornerstone on which the banking industry is built. When consumers lose trust in a bank’s ability to manage risk, the system stops working. Put simply, consumers trust banks to keep their money safe and return the money when requested. But there’s trust on the business side, too.

Banking 70

Banking Government Risk Management Risk Management 70

Everest Group

FEBRUARY 23, 2023

With Australia facing a looming recession, outsourcing is emerging as a solution for banks and financial institutions to navigate economic uncertainty, improve efficiency, and find expert talent. Will banks suffer? In one word: Yes. Financial services have been significantly impacted by the Australian recession.

Banking 52

Banking Outsourcing Marketing Regulations 52

The Global Small Business Blog

SEPTEMBER 28, 2023

Registration is OPEN for our 8th Annual Global Small Business Forum ( [link] ) brought to you by lead sponsor Associated Bank and hosted by Foley Lardner. Associated Bank is our lead (Gold) sponsor. The value of EXIM bank financing. All rights reserved. ? ? ? Let's take on the world 10/20/23! ? ? ?

Banking 222

Banking Legal Services Finance Sourcing 222

Everest Group

JULY 17, 2023

Banking Operations – Services PEAK Matrix® Assessment The banking operations market has become relatively consolidated at the top, with the leading participants capturing a larger share of the market. Additionally, specialists have entered specific banking segments.

Banking 52

Banking Service Advisory Finance 52

Everest Group

MARCH 19, 2024

By partnering with IT and technology services providers, banks and financial institutions can prepare for the new T+1 settlement. The transition to a T+1 settlement cycle represents a monumental shift for banks and financial institutions that will impact trade management, resource allocation, and risk mitigation.

Banking 64

Banking Service Streamline Operations Risk Management 64

IBM Business Partners

AUGUST 17, 2023

The introduction of Central Bank Digital Currency (CBDC) has added a new dimension to blockchain technology that transforms the future of payments for businesses and individuals. Some time ago, banks and governments started shifting their attention towards using digital assets in their operations and economies.

Banking 73

Banking E-Commerce Supply Chain Management Government 73

Hyland

FEBRUARY 2, 2023

How can banks and credit unions keep up with the increased demand? And there’s intelligent capture , the heart of IA, which allows banks and credit unions to capture and classify documents and data. Steve Comer discusses the impact this strategic lever has on the banking industry and best practices for implementation.

Banking 91

Banking Automation Robotics Process Automation Reduced Costs 91

IBM Services

NOVEMBER 29, 2023

In this paper, we showcase how to easily deploy a banking application on both IBM Cloud for Financial Services and Satellite , using automated CI/CD/CC pipelines in a common and consistent manner. To deliver this service, the bank application employs an ecosystem of partner applications interoperating using the BIAN framework.

Banking 97

Banking Out-Tasking Sourcing Regulations 97

Everest Group

MAY 24, 2024

In our earlier blog, How Technology Can Help the Wealth Management Industry Navigate Coming Changes in 2023 , we discussed how digital disruptions will impact the wealth management industry and the role technology and service providers can play in helping wealth management firms navigate the choppy waters ahead.

Advisory 59

Advisory Management Banking Infrastructure Costs 59

Everest Group

APRIL 16, 2024

This could exacerbate social inequality and unrest Impact on relations with China : This proposed move brings to light a crucial but often neglected concern regarding the continuity of the currency swap line between the Central Bank of the Argentine Republic (BCRA) and The People’s Bank of China (PBOC).

Banking 64

Banking Government Jobbing Risk Management 64

The Global Small Business Blog

FEBRUARY 21, 2022

©iStock/wildpixel What's affecting me, my clients, my colleagues and other global small business owners: Race and inclusion at the World Bank. It's coming – tools to accelerate your work flow. Check out thirdweb. How do you build an Internet where we can all thrive ? here's making it simple, secure, and easy to use.

Banking 132

Banking 132

Everest Group

FEBRUARY 21, 2022

With their growing maturity, Global Business Services (GBS) organizations in Banking and Financial Services (BFS) have taken on critical roles in the data value chain. To learn how banking GBS organizations have evolved to become best-in-class partners supporting enterprise data transformation and the key attributes they now possess, read on.

Banking 52

Banking Analytics Finance Engineering 52

Hyland

JANUARY 20, 2023

Chris has more than 20 years of experience in bank management, with a focus on mortgage lending, commercial lending and retail banking. At Hyland, Chris leverages that wealth of knowledge to help banks and credit unions address pain points and achieve their objectives. Most banks don’t have time or resources to waste.

Banking 84

Banking Robotics Process Automation Retail Out-Tasking 84

Everest Group

MAY 14, 2024

Let’s share more about what we saw during our visit in this blog. However, the Everest Group team quickly realized NextWealth’s operational model seamlessly combines the two worlds. Learning about NextWealth Notable Wipro veterans founded the company in 2008 to employ graduates in less populated Indian tier 2/3 towns.

Impact Sourcing 64

Impact Sourcing Sourcing E-Commerce Jobbing 64

Everest Group

APRIL 9, 2024

However, this blog explores the the in-house GBS versus Business Process Outsourcing (BPO) debate. We have seen a consistent insourcing trend among leading global banks, insurers, consumer packaged goods firms, healthcare and life-sciences companies, and manufacturers. Before delving further, let’s address a glaring contradiction.

Global Business Services 72

Global Business Services Outsourcing Service BPO 72

Everest Group

MAY 21, 2024

Watch the webinar, Transforming to Thrive: Building Winning Operating Models Amid Disruption Across Industries , to learn about trends impacting enterprises across industries, such as healthcare, life sciences, insurance, and banking and financial services?

Insurance 64

Insurance Outsourcing Flexibility Risk Management 64

Everest Group

JANUARY 12, 2024

While the future of digital assets was once uncertain, the recent surge in investments, partnerships, and pilot use cases spearheaded by banks and technology giants has laid the doubts to rest. This holds particularly true for cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs).

Banking 64

Banking Retail Insurance Collaborations 64

Automation Anywhere

OCTOBER 27, 2020

The retail banking industry is faced with significant challenges to achieve optimal operational efficiency and profitability while providing the highest level of customer satisfaction. Retail banks offer a wide variety of products, including consumer loans, credit cards, and checking and savings accounts. Ignore them.

Retail 98

Retail Banking Automation Robotics Process Automation 98

Hyland

FEBRUARY 2, 2023

... The post Q&A: Hyland expert discusses the power of intelligent automation in banking appeared first on The Hyland Blog.

Banking 75

Banking Automation Service 75

IBM Business Partners

JUNE 2, 2023

In the rapidly evolving landscape of financial services, embracing AI and digital innovation at scale has become imperative for banks to stay competitive. For banks to stay relevant and competitive in this new world, it is imperative for them to adjust to new trends, understand the importance of open finance and transform their core systems.

Banking 60

Banking Finance Advisory Right-Sizing 60

3Pillar Global

SEPTEMBER 22, 2023

In this blog post, we explore how banks and credit unions can fuel innovation by harnessing the combined power of creativity and execution, resulting in remarkable digital products and unparalleled customer and member experiences. Banks and credit unions must focus on solving real problems faced by their customers or members.

Banking 52

Banking Design Collaborations Research 52

Everest Group

OCTOBER 17, 2023

Read this blog for valuable insights to prepare for this new frontier. Similar to how digital banks, built from the ground up, started nipping at the heels of established brick-and-mortar ones, this technology can potentially give birth to new contenders.

Banking 59

Banking Human Resources Automation Insurance 59

IBM Business Partners

JULY 31, 2023

The world’s biggest modernization challenges are concentrated in the banking industry. Before the internet and cloud computing , and before smartphones and mobile apps, banks were shuttling payments through massive electronic settlement gateways and operating mainframes as systems of record.

Banking 51

Banking Service Analytics Risk Management 51

Perficient Digital Transformation

SEPTEMBER 16, 2022

Additionally, the Supervisory Letter states that Board-supervised banking organizations should notify the Board prior to engaging in crypto-asset-related activities. Perficient covered a well-researched Fed paper on this topic here – NY Federal Reserve Evaluates Stablecoin Frameworks – Perficient Blogs. Financial risk.

Banking 64

Banking Regulations Risk Management Risk Management 64

Everest Group

MARCH 13, 2024

Though a recent Everest Group survey revealed the pressing need for mainframe modernization, the technology is far from dead in the banking, financial services, and insurance (BFSI) industry. Goldman Sachs and Deutsch Bank have started using gen AI to generate code and refactor their modernization initiatives, closely watching the impact.

Banking 64

Banking Insurance Out-Tasking Efficiency 64

Everest Group

MARCH 31, 2023

UBS’ takeover of longtime rival Credit Suisse in a rushed, deeply discounted deal has reverberations across the banking and financial services (BFS) IT services market and on service providers. While the deal was made to prevent further meltdowns and stabilize the banking industry, risks of further blight spreading exist.

Banking 52

Banking Marketing Service Insurance 52

Microsourcing

AUGUST 5, 2021

When COVID-19 quickly evolved from an emerging disease in China in late 2019 to a full-blown global pandemic a few months later, the banking and finance industry could have been forgiven for thinking: “Here we go again.”

Finance 98

Finance Banking MicroSourcing Accounting 98