Nordea Bank sees digitization as a process comprising omnichannel banking, holistic personalized advice and transparent sustainability down to a personal level: The 200-year-old Nordea Bank, […]
Tag: scandinavia
Fintechs Fail When Not Understanding Customers
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.
Emirates NDB – Aiming To Be a Tech Behemoth
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.
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.
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%).
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.