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…
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…
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…
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,…
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…
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…
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…
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…
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…
“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…
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…
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…
