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How does technology drive business transformation?
In the relentless race for innovation and sustainable growth, organizations have always looked to technology to be the catalyst for driving business results. Whether the objective was focused on getting data as the single source of truth to determine...
Banks are losing money on new payment systems
Payments modernization reminds me of bathing toddlers. It could sometimes be quite a project at our house, when our boys were toddlers, with splashing, shouting, and arguments over bath toys. So why bathe both at once? Because the alternative is even...
The next era in banking starts with reframing trust
In a world where 76% of Americans are choosing mobile apps over teller windows and digital wallets are fast replacing cash in pockets, banks are changing rapidly. But it’s more than just expanding digital services. Financial institutions are faced ...
Why ISO modernization is so important for financial institutions
With the migration to ISO 20022 financial messaging standard, the world is moving toward a ...
Three mega-trends shaping the data economy
Listen to a European thought leader’s perspective on the data economy: I recently had the pleasure of chatting with Vilmos Lorincz, Managing Director of Data and Digital Products for Lloyds Banking Group in the United Kingdom. Data is a fundamental...
How is SWIFT still relevant after five decades?
Too many people in the payments industry today hold the misconception that the SWIFT network is only for cross-border payments. This was indeed the case in 1973, when 239 banks from 15 countries joined forces to create an efficient, automated, and ...
How to win your SWIFT challenge
We are living in a cloud era, with new tools, programming languages, and technologies evolving at a much higher speed than even just 2 years ago. Workers need to refresh and resharpen skills on a regular basis. Financial institutions must embrace ...
Why central banks dislike cryptocurrencies
Cryptocurrencies, often depicted as an escape from fiat currency and legacy banking, have become a constant focus of bank and government activity. The most recent Executive Order from the U.S. President is just one example of governments carefully ...
Unifying DevOps in banking
Even before the COVID-19 pandemic, many FinTech companies and other non-bank competitors were on track to outpace traditional banks at creating the always-on convenience, personalized services and apps that customers were demanding. Then when the ...
What is the Internet of Things (IoT)?
Building smarter and safer health care facilities
How Seasonal Forecasting Can Affect Your Retail...
How the convergence of OT and IT is driving...