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For further media information please contact:
Caroline Duff
Global PR Director
+44 (0)7917 613586
caroline.duff@finastra.com
James McKenna
Senior PR Manager, Americas
845-546-2745
james.mckenna@finastra.com
Jacqueline Kumar
PR Specialist, APAC
+63 917 5510857
jacqueline.kumar@finastra.com
Browse Press
Singapore financial institutions leading recovery amidst constrained banking tech investments globally, Finastra survey reveals
Recovery accompanies more cautious approach during 2023
Finastra global survey finds Hong Kong banks leading adoption of generative AI
Hong Kong financial institutions accelerate rollout of BaaS and embedded finance amidst higher confidence in potential
Finastra survey finds Vietnam banks amongst global leaders in exploration of generative AI
Vietnam financial institutions investing in BaaS and embedded finance despite challenging economic constraints
US financial institutions are well-positioned for innovation in BaaS, embedded finance, and AI, Finastra research reveals
- Annual global survey shows the US is leading the way in BaaS deployment
- Excitement around opportunities presented by technological and cultural change is high, with 89% of respondents indicating personal enthusiasm around this trend
Finastra global survey reveals excitement around pace of change in financial services industry and the potential of generative AI
- Annual survey shows increased roll-out of AI, BaaS and embedded finance
- 85% of respondents agree that Open Finance is continuing to make financial services more collaborative and having a positive impact
Financial institutions in Germany see Gen AI and BaaS as next big disruptors to financial services, says Finastra survey
- Nearly 9 in 10 German financial institutions are interested in or already implementing Gen AI, higher than the global average
- Notable uptick shown in BaaS and embedded finance adoption during the last 12 months
French financial institutions prioritize ESG values yet most cautious about AI, says Finastra global survey
- Green lending seen as a continued source of growth and revenue generation for 85% of financial institutions
- 28% improved or deployed AI in the last 12 months, down from 34% in 2022
Saudi Arabia leads adoption of AI in financial services closely followed by UAE, says Finastra global survey
- Saudi Arabia ranks highest and the UAE second highest globally for AI adoption in the last 12 months; majority of leaders also interested in Gen AI
- 90% of respondents in the UAE and 91% in Saudi Arabia believe Open Finance enables a greater range of financial services, yet more support from regulators is needed
CQUR Bank selects Finastra to enhance its digital transaction banking offering for international corporate clients
With Finastra’s Trade Innovation and Corporate Channels solutions, CQUR Bank will streamline trade finance services and offer enhanced digital banking to strengthen customer relationships
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