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"On-demand pay" allows employees to request a portion of their compensation before the next pay period. This is especially beneficial for personnel who may encounter unanticipated financial ...
In Bills And Statements Are Hard To Decipher, we noted that it was very hard to read bills and statements from banks, ecommerce companies, retailers and other industries. We took two examples and did...
Over the next few weeks, I will provide a definitive guide to the next evolution of banking technology – Coreless Banking. Amid a period of unprecedented digital and technological transformation, fas...
Bill Waid, FICO's chief product and technology officer, recently shared his insights into how banks can measure their success with their efficiency ratio and profitability. I'm sharing his insights be...
According to Fenergo estimates “poor customer experience” is costing financial institutions $10 billion in revenue per year. 36% of financial institutions have lost customers due to inefficient or slo...
AI-powered solutions are rapidly maturing, becoming a vital asset across numerous industries, particularly within finance. According to a Markets and Markets report, the global chatbot market achieve...
2023 was the year when it was widely realised that e-identification - important as it is - is just one credential building the e-identity of citizens and organisations. With the already available EUDI...
Fintechs are increasingly collaborating with banking incumbents – instead of replacing them, as many had once feared they might – unlocking a whole host of exciting new opportunities. A recent EY-Part...
Historically, wealth management was limited to the family's elders. These individuals, assisted by advisors and chartered accountants, made prudent and secure investments, guaranteeing the absence of ...
Introduction: The financial industry has been significantly transformed by the Regtech, which has brought about substantial changes to compliance procedures, risk administration, and regulatory disclo...
The Emergence of P2P Apps In our tech-driven world, convenience reigns supreme. Peer-to-peer (P2P) payment applications offer a user-friendly and streamlined solution for transferring money to others ...
In the contemporary digital landscape, Open Banking represents a paradigm shift in managing financial transactions. It helps create an environment where financial institutions can securely share the d...