Digital Transformation

Bridging the Gap in Modern Data Management

In the fintech industry, where data flows are as crucial as financial currents, adeptly managing vast volumes of information is beneficial and essential. The sector is witnessing a pivotal shift from traditional database systems to more sophisticated and scalable solutions.

Read More

How Data Is Changing the Future of Banking

Banks collect and hold huge quantities of usable data, and many are already successfully applying big data and AI across various business cases. The potential to optimise data use through a data-driven banking strategy is enormous, especially for smaller banks.

Read More

Temenos Launches AI-Powered LEAP to Accelerate Banks’ Cloud Migration

Banking software company Temenos has launched LEAP, an AI-powered initiative designed to help banks transition smoothly to advanced cloud-based platforms. LEAP is designed to enable banks to move away from older systems to a more contemporary, API-driven platform. The programme

Read More

Reshaping the Chief Financial Officer Role in the Digital Age

Digital transformation and the proliferation of new technologies have catalysed an expansion in the Chief Financial Officer’s role, evolving CFOs from rearward-facing controllers to forward-looking strategists. Whereas their responsibilities historically centred on financial reporting, regulation, and control, CFOs now harness

Read More

Temenos Rolls Out Comprehensive Banking Toolkit for Same-Day Product Launch

Financial software company Temenos has announced the launch of its comprehensive Enterprise Services on the Temenos Banking Cloud, aimed at retail, business, and corporate banking. This new service promises rapid deployment capabilities, allowing banks to set up software solutions within

Read More

Finastra to Power LPBank’s Treasury Revamp in Vietnam

Vietnam’s Lien Viet Post Joint Stock Commercial Bank (LPBank) has partnered with financial software provider Finastra and NGS Equipment and Communication Joint Stock Company (NGS) to enhance its treasury operations. The move is aimed at improving the bank’s operational efficiency

Read More

From Legacy to a Thriving Financial Services Ecosystem

Traditional banking systems, burdened by age and complexity, can cripple innovation, restrain time to value, and strain customer relationships. This is not an isolated challenge; many incumbent banks struggle to keep ownership and maintenance costs in check and swiftly expand

Read More

Beyond Queries: How ChatGPT in Banking Unleashes Innovation

Financial services companies are increasingly taking advantage of ChatGPT and similar solutions. These technologies allow for the easy integration of corporate data into AI assistants, enhancing the utility of large language models (LLMs) for various applications. While consumers are rapidly

Read More

AWS Powers Krungsri’s Transformation Into an AI-Driven Bank

Thailand’s Bank of Ayudhya Public Company Limited, commonly known as Krungsri Bank, has selected Amazon Web Services (AWS) to power its digital transformation efforts. Ranking among the top five banks in Thailand, Krungsri is working with AWS to leverage data

Read More

Singapore FIs Show More Caution in Adopting BaaS, AI, and Embedded Finance

Singapore’s financial institutions have demonstrated a mix of resilience and cautiousness in adopting new banking technologies amid challenging global economic conditions, according to financial software provider Finastra‘s annual global survey. The ‘Financial Services: State of the Nation Survey 2023’ indicates

Read More