Most banks today still rely on a hodgepodge of outdated technology that’s upwards of 40 to 50 years old. Efforts to modernize a bank’s core can be challenging but are necessary to take advantage of ...
From the decline of cash and paper checks to stricter digital security requirements, the industry is moving toward a fully ...
The banking industry is undergoing a profound transformation, led by advancements in technology such as artificial intelligence (AI), data analytics, and digitization. These developments are changing ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Each of these partners specialize in individual areas of Fintech — from ...
SECURITY Bank Corp. (PSE: SECB) announced it is advancing its “technology transformation with strategic investments in modern architecture, artificial intelligence, real-time data platforms, ...
Three of the largest bank failures in history led to three bank acquisitions in 2023, which meant three upcoming major technology integrations. How banks merge their technology platforms is key to any ...
Banks and brokerages like Fidelity, Schwab, Citibank and Wells Fargo have used technology to better connect with consumers in an increasingly cutthroat marketplace. It was 1970, and Steve Schutze was ...
Silicon Valley Bank (SVB) suffered the largest and fastest bank run in history: Customers withdrew $42 billion in a single day from SVB, leaving the bank with $1 billion in negative cash balance. That ...
As the usage of physical cash diminishes and digital consumption skyrockets, traditional banks are undergoing a seismic shift to adapt to changing customer preferences. Digital transformation is ...
Branches won't succeed without significant investment in mobile and in-branch technology; but failing to invest in bankers themselves is just as big a problem, writes Dave Martin, of BankMechanics. A ...
Faysal Bank recently unveiled a first-of-its-kind digital-experience center at its regional office in Lahore. The ‘Faysal ...
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