Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
Both consumers and organizations need to comprehend the payment trends and preferences in Egypt and the United Arab Emirates. Due to the COVID-19 pandemic, digital reforms, and central bank activities, both countries are experiencing notable shifts in their payment networks. UAE's Top Payment Methods And Trends 1. Decline in Cash Use: The United ...
05 August 2024 /payments Digital Bank Transformation
Jamel Derdour CMO at Transact365 / Nucleus365
Indonesia, with its dynamic economy and vast population, is experiencing a remarkable transformation in its financial landscape through the rapid adoption of digital payments. As smartphones become ubiquitous and internet connectivity improves, digital payment platforms are revolutionising transactions for both consumers and businesses. This artic...
05 August 2024 /payments /markets Payments strategies 2015-2020-2030
Guy Melamed CEO at Exberry
On 19 July 2024, the financial world was thrown into chaos as a global IT outage caused widespread disruption across multiple sectors. More than 5,000 flights were cancelled, healthcare services were disrupted, and potential payroll problems loomed large. The culprit was a rogue software update by CrowdStrike which led to Microsoft system errors a...
05 August 2024 /markets Capital Markets Technology
Ramon Villarreal Payments Industry Lead at Red Hat
Secure, reliable, resilient. These characteristics have long been associated with the world’s most successful payments environments. However, to maintain these benefits, change in payments has historically been slow. But being static is no longer an option. Constant transformation is now the norm due to the proliferation of enabling technologies ...
05 August 2024 /payments
Luke Allchin Director - North America at RFI Global
Artificial Intelligence (AI) has made significant inroads across a wide range of industries, revolutionizing the way businesses operate and interact with consumers. From healthcare to retail, AI's ability to process vast amounts of data and create meaning has given way to new efficiencies and enhanced user experiences. The banking sector, a corner...
05 August 2024 /ai /retail Artificial Intelligence
Alex Kreger Founder & CEO at UXDA
When banking executives confront the challenges of digital transformation, a familiar frustration emerges: “Why are customers complaining about our digital services?” While some bank employees blame customers, the true issue lies in the complex and unintuitive interfaces these customers face. Common Customer Complaints About Digital Banking Apps D...
05 August 2024 /people /retail Innovation in Financial Services
Saurabha Sahu Senior Solution Consultant at Wipro Limited
Any new technology advancement comes with benefits as well as challenges attached. Financial industry always maintains a follower strategy, accepting a NextGen solution. However, there are some non-impacting financial use cases which can influence customers in terms of behavior and sentiments through the current NextGen technology (Gen AI). In th
03 August 2024 /ai /inclusion Artificial Intelligence and Financial Services
Roman Eloshvili Founder and CEO at XData Group
In the last couple of years, artificial intelligence (AI) has evolved from a new technology to a well-known term, integrating itself into various sectors. In fact, Capgemini research predicts that explosive GenAI adoption will only continue with three in five organisations seeing innovative work as the largest benefit of the technology. As AI bec...
02 August 2024 /ai /predictions Artificial Intelligence and Financial Services
Naina Rajgopalan Content Head at Freo
A payroll includes determining the total working hours of the employees, allowances of the employees, withholding taxes, and maintaining financial records of all the payments. It requires you to calculate the tax, handle sensitive data of the employees, and deposit the salaries in the bank accounts of the employees. In this fast-paced world of Bus...
02 August 2024 /wealth
Pallavi Kapale Senior Financial Crime Officer (2LOD) at Bank of China (UK) Limited
Are you looking to learn more about Suspicious Activity Reporting? From writing reports to exiting, I've got you covered! Let's dive in and explore the world of Suspicious Activity Reporting together. Filing Suspicious Activity Reports (SARs) is a critical process that facilitates financial institutions in their efforts to combat money laundering
02 August 2024 /retail /crime Banking
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