What is PaaS? What role does it play in the financial institution?
With the financial institutions continuously balancing the competitive demands for the investment roles in their tech maintenance, compliance, innovation and with the delivery of the value added services, everything feels like a necessity rather than a liability and that can be difficult. For some institutions services like outsourcing strategy payments can enable them to pose […]
Data driven approach in the process of digital transformation
A greater demand for the data insights to inform decision making and strategy has been initiated by the acceleration of digital transformation, says a new research done by Experian. 84 per cent of businesses have seen more demand for data due to Covid-19, but nearly a third say that the data quality still remains as […]
Transformation of SMEs in Asia Pacific regions
In order to help small and medium enterprises ( SMEs ) recover from the pandemic and prepare for the future. MasterCard has launched the Digital Acceleration for the small Business microsite across Asia Pacific. As the Covid pandemic hits, there is massive shift to e-commerce and contactless payments. This feature guides on digital transformation, e-learning […]
The new Growth Frontier- Virtual economy
Digital transformation has been on the biggest opportunities, for years now. And for the banks and other financial industries and service providers it has been a headache. With banks constantly competing to meet the ever changing customer expectations around digital services and striving to keep up with the challenger banks which were basically built digitally! […]
Digital industry transformation
The banking sectors return to work after the recent Coronavirus crisis and the capability of individual firms to overcome the issues they might face. In order to thrive through the time, the firms need to be reliant on better connectivity and efficiency across the industry as a whole. The world is capable of going through […]
The new norm of digital banking!
Kuwait’s Al Ahli bank (AHB) has established itself as the leading retail and corporate banking provider services in not only Kuwait but also in Egypt and the United Arab Emirates. It belief in delivering transformative power of technology to its customers is what enables the bank to be more efficient and thus the bank is […]
The rise of contact-less payments
These days the hard cash payments have reduced drastically which is replaced by or has increased the cashless payment or what we can say as the contactless payment. There is a virtual war between the digital payment investors since years. It can be to give better standards for digital payments or to adopt stable, sustainable […]
Deutsche Bank multi layer partnership with Google
Deutsche Bank has announced that it has formed alliance with Google to transform the financial services market. Deutsche Bank will be empowered with cloud capabilities by Google. As a result of this union the two will broaden their horizons with their collective resources. Christian Sewing, CEO of Deutsche Bank told to the media that their […]
Will MasterCard permanently shift to digital methods in 2021?
Monetary impact of COVID-19, along with enduring fluctuations in digital client spending habits, online banking progress, FinTech disruption and prospects to bolster financial inclusion are analysed comprehensively by The MasterCard Economics Institute and has released Economy 2021, a global outlook report. This institute was launched preceding year to analyse macroeconomic trends through the lens of […]
BANK STRATEGIES TO COMPETE NEW DIGITAL PLAYERS
Professor Catherine Karyotis from NEOMA Business School states that, banks need to develop new strategies in order to compete the developing market with new challenges from the new players born from digital transformation, who are causing a gradual loss in banks monopoly. There have been many upheavals within the banking community that needs drastic transformations […]