Banking & Capital Markets

News, trends and technology insights for the industry

Practical business uses for blockchain technology

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Blockchain was created as the public transaction ledger for the bitcoin cryptocurrency, but blockchain technology also has a variety of practical applications in enterprise business process scenarios. The beauty of blockchain is that virtually any type of data can be put into the distributed ledger. Each record or block contains a cryptographic hash of the […]

Los servicios financieros abrazan la multinube

Los entornos multinube (formados por varias nubes, públicas y privadas, que se utilizan normalmente para diferentes propósitos) pueden considerarse como la opción preferida de los bancos. Eso se desprende del último informe realizado por 451 Research, “Multi-Cloud Fundamental to Financial Services Transformation” y yo no lo pienso discutir. El estudio, patrocinado por Canonical, especialista en […]

A call to rethink the banking value chain

Financial services is shifting to platforms for business functions and processes, and that’s a good thing. Moving from applications to Software as a Service (SaaS) and then to Platform as a Service (PaaS) can create new value chains. It can also dramatically reduce the number of error-prone manual processes and foster industry collaboration for superior […]

Financial services are embracing multi-cloud

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Multi-clouds — environments made up of multiple public and private clouds typically used for different purposes — may well be the cloud of choice for banks. That’s according to an independent report by 451 Research, ‘Multi-Cloud Fundamental to Financial Services Transformation.’ I’m not here to argue. This report, which was sponsored by Canonical — the […]

Quantum computing will change everyday life for the better

Quantum computing is the next holy grail of computer science and engineering, promising to change everyday life for the better. Today’s smartphones have the same computing power as a military computer 50 years ago that was the size of an entire room. Yet despite the phenomenal strides we have made in technology and computing, there […]

Consumer loan processing enters the digital age

The technology behind consumer loan processing hasn’t evolved much in the past 25 years, but that’s rapidly changing as financial institutions look to digital transformation to improve the customer experience, cut costs and grow the business. Loan servicing has been primarily a back-end function, oftentimes handled by a third-party service provider, that kicks in after […]

How to digitally transform our way to financial inclusion

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We’re regularly told about our increasingly connected society and all the new opportunities this has created. We can socialize, shop online, search and apply for jobs, file forms with the government, socialize and of course, bank. However, there are still boundaries. Nearly 2 million adults in the UK do not have bank accounts and are […]

Cyberattack biggest threat against U.S. financial system

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When asked during congressional testimony last week, Federal Reserve Chairman Jerome Powell, who was appearing in front of the House Committee on Financial Services, told lawmakers that the number one threat to the stability of the U.S. financial system is its ability to respond and mitigate a large-scale cyberattack against the financial system. “The clear […]

Looking for a cards and payment services provider? Consider these 8 must-have features

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When a business goes looking for a cards and payment services provider, there is plenty to consider. New payment technologies are transforming customer expectations, start-ups and fintechs are changing the competitive landscape, regional markets are adjusting, and regulations continue to shift. So, what are the key points you should consider when deciding who will deliver […]

How SIAM enables digital transformation in the banking industry

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Retail banks and other financial institutions face many of the same challenges other mature industries confront in the digital era, including the three truths of digital disruption: Consumers are in charge. Many customers are already thinking and acting “digital” and will force financial institutions into the next market-facing move. The customer experience (CX) for digital […]