Tagged: digital transformation

Digital Transformation and Use of Emerging Tech in 2025 are Key Focus Areas for Australian Firms – Report

Digital transformation, and use of emerging technologies like AI are the key issues Australian business professionals will focus on during 2025 and beyond, KPMG’s annual Keeping Us Up At Night survey finds. Concerns over the slowing economy, and cost of living are also prominent, the… Read More

Digital Identity Verification Is Playing Key Role in Digital Transformation of Financial Services – Report

Digital identity verification is a term that is evolving and often given different definitions, according to an update from Juniper Research. Juniper Research considers digital identity to be defined more formally as follows: ‘A digital representation of an entity; this can be one or more… Read More

Zing and Checkout.com to Enhance Digital Payments Methods

International payments app Zing, and digital payments provider, Checkout.com, announced a partnership to support the launch of a new suite of alternative payment methods integrated into Zing’s app. Zing members can now use multiple top-up tools, including mobile wallets, Apple Pay, and Google Pay, made… Read More

AI Adoption Trends: AI Agents Being Given Money to Spend, AI M&A Fueling Corporate Strategy

CBInsights has released that aims to highlight key technology trends moving forward, as we prepare for 2025. CBInsights has looked at the future of LLMs, caregiving humanoid robots. crypto’s so-called “baby steps” and other important innovations. CBInsights data has uncovered a number of high-potential emerging… Read More

Global Fintech additiv Strengthens UK Presence with New London Office

additiv, a global firm focused on fintech and digital transformation,  announced the appointment of Pierre Dufauret as the UK Market Head and the opening of a new office in London’s Heron Tower. These moves underscore additiv’s commitment to strengthening its presence in the UK market… Read More

Digital Assets Custodian Zodia Custody Introduces Unified Wallets

Zodia Custody, which claims to be an “institution-first” digital asset custodian, whose shareholders reportedly include Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has launched Unified Wallets, a feature to enhance its core custody solution, offering institutional digital asset and fund managers the… Read More

Visa and USAID to Enable Inclusive Digital Government Ecosystems and Payments Digitization

Visa (NYSE: V), a firm focused on digital payments, announced it is working jointly with the United States Agency for International Development (USAID) to improve access to digital government systems. Following the launch of USAID’s Digital Policy, Visa and USAID will work together to develop… Read More

Citi Token Services Marks Key Milestone in Providing Transaction Banking Services to Institutional Clients

Citi (NYSE:C) announced that Citi Token Services for Cash has moved from a pilot program to a live commercial solution, facilitating transactions for institutional clients. This marks a key milestone in Citi’s journey to deliver real-time transaction banking services to some of its global clients…. Read More

Mastercard Announces New Benefits to Support Small Businesses in Canada

Mastercard (NYSE: MA) announced recently that it has launched various new benefits in support of small businesses operating across Canada. Curated new cardholder benefits provide savings on products and solutions tailored to meet the requirements of Canadian business owners. In order to to acknowledge Small… Read More

Digital Transformation: Temenos Enters Agreement with Bahwan CyberTek

Temenos (SIX: TEMN) announced that it has signed a Multi-Country Model Bank development agreement with Bahwan CyberTek (BCT), a global digital transformation company. Temenos Country Model Banks offer financial institutions a faster go-live experience with Temenos solutions, “while simultaneously reducing costs and risks through pre-configured… Read More

Open Finance: Konsentus Verify Now Accessible in Europe via Online Portal

Konsentus announced that Konsentus’ European trusted data, Konsentus Verify, can now be accessed through an online portal, via a real-time API or a downloadable cache. Financial Institutions in the European Economic Area (EEA) can choose the delivery mechanism that best works for them. For open… Read More

Tech Mahindra Teams Up with Fintech Finastra to Help Banks Accelerate Digital Transformation Efforts

Tech Mahindra (NSE: TECHM), a global provider of technology consulting and digital solutions to enterprises across industries, has announced a partnership with Finastra, a global provider of financial software applications and marketplaces, to help corporate banks accelerate their digital transformation journeys. Through the partnership, Tech… Read More

Digital Transformation: Taiwan’s CTBC Bank Implements Avaloq Core Platform to Enhance Private Banking Unit

Taiwan-based CTBC Bank has implemented the Avaloq Core Platform in order to digitally transform its private banking business. The new platform enables CTBC Bank “to offer specialized private banking products and services in Hong Kong and Singapore.” CTBC Bank is reportedly “the largest privately owned… Read More

Majority of Banks Are Not At Leading Edge of Data and Digital Transformation – Report

Gresham, a provider of financial technology solutions, has released a research report, titled “US Banks’ Data Transformation Journeys at a Crossroads” that reveals fewer than 1-in-10 banks are at the leading edge of data and digital transformation. The report, which surveyed 120 banking leaders from… Read More

Zafin, Provider of Fintech Solutions for Banks, Announces Appointment of Michael Nitsopoulos to Key Role

Zafin, the provider of SaaS core modernization and transformation solutions for banks,  announced the appointment of Michael Nitsopoulos as Chief Product Officer. Michael reportedly brings “over 23 years of experience driving product innovation and solutions across multinational organizations, including financial services, telecommunications, retail, public sector,… Read More

AccessFintech and BNY Mellon to Address FX Workflow Challenges Ahead of T+1 Settlement Regulations

AccessFintech, the provider of real-time data insights and collaboration across financial markets, is working with BNY Mellon, the global financial services company, to bring a joint solution to the market for addressing foreign exchange (FX) workflow challenges ahead of the forthcoming T+1 settlement regulations. Upcoming… Read More

OKX Ventures and Stanford’s Future of Digital Currency Initiative to Enable Blockchain Innovation

OKX‘s investment arm OKX Ventures has recently announced a research and education collaboration with Stanford’s Future of Digital Currency Initiative (FDCI), aiming to promote blockchain innovation and sustainability. As part of the Stanford School of Engineering’s Department of Computer Science, FDCI is an industrial affiliates… Read More

Digital Transformation and Cloud Tech Firm Cognosante to Be Acquired By Accenture

Accenture Federal Services has entered into an agreement to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. Founded in 2008 by Michele Kang, Cognosante has grown “to become a trusted provider of innovative… Read More

Digital Transformation Is Becoming Increasingly Important But Consumers Claim Businesses Lack Deep Understanding of Client Needs

It’s becoming important for businesses to undergo digital transformation, with 54% of global consumers saying that brands lack a deep understanding of customers. The new generation of shoppers, especially Gen Z and millennial consumers, reportedly “want 70% of their interactions with brands to be digital.”… Read More

Digitalization Improved Swedish Payments Market But New Challenges Emerged – Riksbank Report

The digitalization of the Swedish payments market has contributed to faster, smoother and more efficient payments, according to a research report from Riksbank. But this development has also brought a number of challenges. Several groups in society “experience digital and financial exclusion, and there are… Read More

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