Emirates NBD, Dubai’s government-owned bank and one of the largest banking groups in the Middle East in terms of assets, is considered as a pioneer in adopting disruptive technologies designed to transform banking operations and to offer extreme customer delight. The bank has an embedded culture to continually innovate and move to newer levels. It has made significant investments in new technologies so that its technology infrastructure is state-of-the-art and it could make major breakthroughs in digitization.
Tag: fintech
Lloyds Bank Goals: Legacy Applications Down 15%, Office Footprint Down 30%, and 20% Apps in Cloud
Early this year, Britain’s Lloyds Banking Group announced that it plans to spend £1 billion over the next 3 years on overhauling and enhancing its technology infrastructure and self-service capabilities. The Group’s CEO Charlie Nunn said the strategy is to move 20% of its applications to the cloud by 2024 and decommission over 15% of legacy applications.
From Output To Outcomes Interview with Paolo Sironi | FinTech Frontiers Live
Paolo Sironi, Global Research Leader in Banking and Financial Markets, IBM Consulting, explains how organizations have been transforming from output to outcome-based economies. He shares how achieving one’s financial, personal, and professional goals is a valuable asset and the role of value insight creation in enabling contextual and conscious banking. He talks about how enriching customer insights can have enhanced value due to digital transparency and trust-based technology. He throws light on how an ecosystem of open transparency fosters stronger technological ties while deliberating the potential of banks and fintech to enable and unlock better values.
Growth with a Deeper Reach | Interview with Casparus Kromhout | FinTech Frontiers Live
In a conversation with Babu Nair, Founder and MD, Financial Technology Frontiers, Casparus Kromhout, MD & CEO, Shriram Life Insurance shares the vision of focused business strategies adopted by the company to reach out to the rural sector. He also shares how the organization is functioning on a new ecosystem for building growth, product innovation, and adoption of the latest technology to improve the Customer Experience. He throws light on tie-up with insurtech for delivering faster business and leapfrogging businesses to newer levels.
Singaporeans Feeling The Heat in Necessities Spending, Retirement Plans: Study
Eight in 10 Singaporeans said that their personal financial situations had been affected somewhat or to a large extent in the past one year due to inflation. The key areas impacted by inflation are spending on necessities (71%), retirement plans (34%), and investments (26%).
Simplifying Global Payments | FinTech Frontiers Live
Alain Raes, Founding partner and CCO of IPID, an authority in global payments with his lineage as CBO of Swift, shares with Babu Nair, the Founder and MD of Banking Frontiers and Financial Technology Frontiers, his insights on the bottlenecks in Global Payments. He speaks about how international B2B remittances and transaction banking can be integrated with better compliance and accelerated using innovations, resulting in a better customer experience. He also talked about how the involvement of governments and regulations of several nations complicate international payments and how cooperation with regulators in streamlining compliance will work in catapulting Global Payments to newer levels of experience and growth. Keep Watching!
Nordic Digital Bank Lunar Has Unique Value Propositions
Lunar is a Scandinavian digital bank, described as an industry leader in the Nordic region. Unlike many other neobanks, it is a fully-regulated and licensed bank in Sweden, Denmark and Norway with a client base of 500,000 and deposits exceeding Euro 1.3 billion. Among its offerings are checking and deposit accounts, loans and other credit services like buy now, pay later, and stocks, fund and ETF investing.
Lloyds Banking Group Partners with Innovation Sandbox
Innovation Sandbox is designed to will help the Lloyds banking group to bring a variety of fintech opportunities. This partnership will help through the design and test cycle more efficiently, supporting a rich ecosystem of fintechs and reducing time-to-market.
The Globe Needs Payment Cross Border Payment Solutions Faster and More Efficient Ecosystem – A must
“Instant remittance, atomic settlement, programmable money, tokenized assets and trusted sustainability data are the five key outcomes we want to achieve through our collaborative FinTech […]
Expanding Horizons for Fintechs : Nicola Anderson | FinTech Frontiers Live
In an interesting conversation with Banking Frontiers Live, Nicola Anderson – Managing Director – of Fintech Scotland, shares some deep insights on what are the key ecosystems that are available for the Fintechs in Scotland and how Fintech Scotland helps them to scale up in the region as well as globally.
She also discusses how Scotland is building up a pipeline of the future talent required for the Fintech sector.