Its service has been hugely popular in Venezuela, where multiple years of hyperinflation have turned everyone’s savings into nearly worthless piles of bills.
Anabel Perez from Novopayment explains why several financial institutions in Latin America are moving on open banking projects and hunting for partners that can deliver quick, near-term wins.
Banks could boost revenues by 34% and raise employment levels 14% by 2022, if they re-skill their teams to use AI-driven technologies, says Accenture in its new study.
Banking and investment service providers are hunting for digital technologies as their CIOs are convinced their old business models will not be sustainable.
Renate Cunneen describes her new role and mandate for vendor governance, offering indispensable advice for balancing the aspects that result in success.
We spoke to Allison Sagraves, Chief Data Officer at M&T Bank, to discuss how the CDO role is changing, and the professional trials and tribulations she faces in the banking sector.
Automation is already showing signs of deep impact, after Accenture disclosed that the firm saved a banking client around $100 million with the technology.
In a note to investors, Moody's warned that prolonged weak economic growth might weigh on banks’ balance sheet, hurting their asset quality and crimping earnings.
Financial services giant Morgan Stanley plans to save up to $1 billion by outsourcing some of its jobs to low-cost countries in Asia and Eastern Europe.