Companies we use every day, like Amazon and Airbnb use platforms to create engaging experiences to which people compare everything digital. An open banking platform enables the seamless integration and use of products your users expect otherwise will go elsewhere.
What does a ‘good’ CECL implementation look like in terms of effect on capital and potential future strategies?
How banks can combat the threat of disintermediation through use of data
Leveraging Regtech to achieve more while being compliant with all existing and upcoming regulations.
This report examines the interplay between Open Banking and the move towards more data enabled corporate banking - and where to start when creating the cognitive corporate bank.
As the digital face of a bank to its corporate banking customers, cash management user experience must be ever more functional, intuitive, and informative.
Find out what the alliance of two tech giants, Microsoft and Finastra, will bring to the Banking industry.
This report, authored by Celent, explores the misconceptions that persist in the payments industry cloud payment processing, particularly with regard to security, regulatory compliance, cost and risk, and shows how modern cloud technology addresses and neutralizes them. It also makes the strong case that for a host of reasons – among...
Migrations and especially a change of the core banking solution are amongst the most complex IT procedures. Managing the variety and complexity of the issues to be considered – often at the interface of various disciplines (business, IT, regulatory, legal, etc.) – represents a major challenge.
The modern credit union has seen the need to expand how it plays in the financial services market as well as how it benefits its members. And with today’s reliance on technology, credit unions know that to keep up with any and all banking competitors, they must adapt and invest into...
Financial institutions that proactively tap into and leverage business intelligence (BI) and business analytics (BA) are much better equipped to successfully confront today’s challenges than those who continue doing business as they always have.
Community banks that have built their business on personal relationships need to translate that personal touch into the digital world. A community bank that can layer digital excellence onto its local roots has a strong competitive advantage.
Business intelligence (BI) and business analytics (BA) are tremendous resources for growing customer acquisition and retention in the retail industry. So why isn’t the financial industry employing the same methods?
It’s no secret that banking traffic is shifting from the branch toward Internet and mobile channels at an increasing rate. But, while it’s accurate to say that branch traffic is on the decline, the branch is still a vital channel.
A great deal of emphasis has been placed designing financial services products to target millennials lately. Rightly so, since they will make up three-quarters of the working population by 2025. However, financial institutions shouldn’t focus exclusively on one age group, or they will miss the nuances of consumer preferences in how...
Three questions posed to financial institutions as they prepare for the upcoming current Expected Loss (CECL) regulation.