Tag: Banking
Banking-as-a-Service (BaaS): The Future of Financial Services?
Baas is not a mispelled fish. It is actually all the rage these days. So what is it then? You did not wonder how come so many new companies were able to hit the market in such little time? Banking-as-a-Service (BaaS) offers complete banking processes, such as payments or credit, as a service through modern…
Fintech and the Need for Ethical Sales Enablement
By Nigel Cannings is co-founder and CTO of Intelligent Voice. There have always been some questions about the ethics behind sales enablement strategies. While producing the best results for businesses, sales enablement has to be carefully monitored for compliance. That is to ensure that the customer’s best interests are always front and centre. The difficulty…
From Silicon Valley Bank’s Downfall to a Governance Blueprint for Fintechs
By Erika Eliasson-Noris from Beyond Governance. The collapse of Silicon Valley Bank (SVB) has undeniably underscored the necessity of robust governance within the fast-paced, high-risk realm of fintech. The rapid evolution and innovative spirit characteristic of fintech are indeed exhilarating. But they can also cloak the precariousness of poor governance. Which will ultimately result in…
Why Fintech Companies Need to Define a Clear Strategy
In the often crazy world of financial technology, startups and incumbents are in a (rat) race to provide innovative solutions. Hopefully, solutions that address actual gaps and inefficiencies in the traditional banking system. However, in the haste to innovate and disrupt, many fintech companies overlook the fundamental principle of business success: a well-defined strategy. Without…
Privacy-friendly AI to detect fraud & more in banking: Interview with Ittai Dayan
Cyber threats and data breaches are becoming increasingly prevalent, particularly in financial services. The banking sector is constantly on the lookout for innovative solutions to protect both institutional assets and customer information. One of the most promising avenues of exploration is the integration of Artificial Intelligence to enhance security measures, specifically in fraud detection. Fintech…
Cutting-edge Banking Technology stacks: Interview with Jamie Burink
Cutting-edge banking technology stacks are revolutionising financial services. These modern infrastructures offer scalable solutions that ensure efficiency, enhanced security, and personalised user experiences. As these technologies evolve, financial institutions position themselves to deliver more innovative, responsive, and transparent services to their customers. But what is really going on? Fintech Review asked a few questions on…
Why Australian banks must embrace generative-AI
By Richard Scott, Group Vice President Asia Pacific, Informatica Australian banks have had an unsettling year. Global instability in the financial services sector combined with the nation’s cybersecurity and Privacy Act reforms are putting more pressure on banks with regard to how they manage and use data. At the same time, the rise of the…
Want to better support accounting teams and retain talent? Here’s how the right tech makes the difference
By Mike Whitmire, CEO, FloQast Despite the Bank of England expecting inflation to fall quickly in 2023, it can feel like we’re in a bit of a ‘permacrisis’. Just when your business has managed to weather the storm brought on by the pandemic, the Russia-Ukraine war begins and the cost-of-living crisis strikes. It’s not easy…
The explosive potential of digital banking in Sub-Saharan Africa: Interview with Timothy Nuy
Digital banking holds significant potential in Sub-Saharan Africa, where traditional banking services are often limited in reach. By leveraging mobile technology and new platforms, digital banking can provide access to financial services for the unbanked and underbanked populations. Whilst fostering financial inclusion and economic empowerment. Additionally, it can drive efficiency, reduce costs, and enhance customer…
Strategy Execution for Fintechs: OKRs for the Win
OKRs are crucial for scaling a fintech startup as they provide a clear roadmap and focus the activities of the teams. There are many reasons why it makes sense for fintechs to consider the method. OKRs enable an organisation to align their efforts toward common objectives and track progress in a measurable way. By setting…
