Banking and Finance

Approaches for Expanding Lending in a Digitally Driven World

As per a study by ‘Research and Markets,’ the Digital Lending Market was valued at USD 311.06 billion in 2020 and is predicted to reach USD 587.27 billion by 2026, with a CAGR of roughly…

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What’s really inside Temenos Infinity ?

The Q3 2021 Digital Banking Engagement Platforms (DBEP) study recognized Temenos Infinity as “a excellent alternative for banks looking for state-of-the-art business capabilities” and “forward-thinking design.” Temenos claims its Leader position to its Explainable AI…

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Top 6 Digital Lending Challenges Faced by Fintechs

According to the latest “State of Fintech” report from CB Insights, the third quarter of 2021 was the second highest on record for Fintech funding, with a 147 % year-over-year rise. Alternative Commercial Lenders or…

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Digital Lending: ushering in a new era of lending

Traditional lending platforms depended on human intervention and physical interactions at every stage, which increased processing time and the possibility of human error. However, digital lending platforms allow banks to automate their whole loan process,…

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Temenos Transact – The Core Banking System for Startup Banks

Banking competition is heating up. Neo-banks are gaining market share and serving customers for around one-third the cost of traditional banks. FinTechs are focusing on profitable value-chain segments. Big tech firms, with their vast client…

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Temenos-Aspire Systems: Six years of collaboration, cooperation and 50 + successful implementations

Temenos and Aspire Systems forged an official collaboration in 2016 during the Temenos Community Forum (TCF) in Lisbon, Portugal. The journey began with implementations in the UK and across APAC and has successfully passed a…

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Top 5 Aspects to consider when testing financial applications

A financial application is a software program that facilitates the management of business processes that deal with money. It is a type of software that is specifically designed to automate, assist and store financial information…

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Buy Now, Pay Later: A Boost for Banks, Pure-Plays and Businesses

Analysing the behaviour trends of customers and their payment habits has led banks to realize the plethora of benefits that the Buy Now Pay Later model offers. Despite being a fintech feature, the BNPL model…

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Where are credit unions and lending institutions going wrong in their digital journey

Financial service providers want to be digital, but they’re having trouble getting there, or even getting started.  They are focusing heavily on conventional IT and surface-level components of digital strategy.  Both are vital. However, we…

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How Neobanks are tapping into the unbanked market in Latin America

“I always tell the tale of having to go to a banking branch to open a bank account, which was one of the most painful experiences I’ve ever had,” says Colombia-born Nubank CEO and co-founder…

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Key Retail Banking Trends to Watch Out For in 2022

Two years of the pandemic has led to a fundamental change in the banking industry as traditional methods are no more effective. The Banking and Financial Services industry looks to becoming more adaptive, innovative and…

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A New wave of Digital Banking is on the horizon: Trends that will make a splash in 2022

Only a few years ago, technology was a huge disruptor in the banking industry. While the pandemic has hastened the deployment of technology across businesses and sectors, our reliance on it has increased dramatically. Online…

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