Tag: Traditional Banks

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Improving CX in digital-first banking

By Nina Mack, CX Director at CTI Digital   The financial industry has undergone a seismic transformation over the past few years, with digital-first banks like...

Digital Acceleration – the next buzzword in banking tech? Or a new era for the industry?

Ove Kreison, CTO at Tuum McKinsey's latest report on banking found that traditional banks are spending a whopping 85% of their tech budgets on maintaining legacy...

Digital banking: Traditional banks vs. fintech providers

Amit Dua, President, SunTec   The global digital banking market was worth $12.1 billion in 2020 and is expected to hit approximately $30 billion by 2026....

Businesses at a time of recession: how alternative finance options are helping companies survive and thrive

Ian Duffy, CEO, Accelerated Payments   While the current landscape is challenging for all businesses, it is crucial to remember that crises can drive innovation and...

Overcoming obstacles to SME lending

Joe Bowerbank – Business/Commercial Development, Creditinfo Group.   It’s no secret that small and medium-sized enterprises (SMEs) play a significant role in the growth and development...

Bolstering know your customer processes as regulation tightens

Nick Payne, banking services, customer advisory, SAS UK & Ireland, discusses how new technologies allow financial services companies to develop rigorous KYC processes without compromising customer...