
Tag "banking"
Digital Channels and AI: A Must for Traditional Banks, McKinsey Banking Report
The banking sector is undergoing a profound shift driven by changes and challenges in the economic, technological, regulatory and competitive landscapes. These dynamics are forcing traditional financial institutions to reevaluate banking roles, change strategies, and embrace technology including artificial intelligence
Read MoreFintech Among Thoma Bravo’s Top Acquisition and Investment Focus
The bear market of 2022 saw stock prices and valuations nosedive, offering plenty of opportunities for investors with a long-term focus to acquire assets or other companies at a discount. Thoma Bravo, a private equity investor specializing in software technology,
Read MoreECB Survey: Nearly All EU Banks Have Digital Transformation Strategy in Place
Advancements in technology, rising demand for digital solutions and increased competition have prompted European banking incumbents to undertake digital transformation journeys. To understand the status of banks’ digitalization efforts, the European Central Bank (ECB) launched in 2022 two major initiatives
Read MoreSwiss Banks Proven to be Innovative and Adaptable Amid COVID-19
Though often perceived by the general public as sluggish, slow and not very innovative, Swiss banks have shown that that are capable of reacting swiftly and flexibly in times of crisis, according to a new paper by industry trade group
Read MoreWhite Paper Outlines Need for Smaller Lenders to Collaborate with Fintechs
Community banks and credit unions are struggling to keep up with the pace of innovation due to limited capacity, lack of skills, and limited budget. Given these limitations, smaller lenders must collaborate with fintech companies to meet fast-changing customer demands
Read More8 Key Trends Changing the Banking Landscape
To remain relevant, banks will have to embrace emerging technologies, become flexible to adopt evolving business models, and put customers at the center of every strategy, according to Deloitte. In a Perspectives piece, the consultancy firm outlines eight main tech
Read MoreSwiss Startup Mt Pelerin Leads the Way in Compliant Asset Tokenization
About a month ago, Geneva-based fintech startup Mt Pelerin was unveiling the first tokenized shares to be issued on a blockchain infrastructure in full compliance with Swiss law, a technological and legal breakthrough that will bring liquidity and transparency to the sector.
Read MoreSwiss Banks Accelerate AI Adoption
Artificial intelligence (AI) in banking is a fast-developing reality as banks around the world are looking to leverage the technology to reduce costs and create better client experiences. “Based on our UBS Evidence Lab survey of 86 banks, an optimal
Read MoreExploring President Obama’s Final Legacy For The Fintech Industry
President Barack Obama will be remembered in history as the man who saved the United States from the worst financial crisis since the Depression. The 44th President of the United States left behind other legacies such as sweeping reforms to
Read MoreMessenger Banking das nächste grosse Ding
Smartphones dringen immer tiefer in unser Leben vor. Und zwar in einem Grad, der noch vor 10 Jahren unvorstellbar gewesen wäre. Das haben die Banken schon vor einigen Jahren bemerkt. Kaum eine Bank, die keine Mobile Banking-Lösung anbietet. Aber wollen
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