Banking Technology

Commonly referred to as the plumbing of the financial system, financial market infrastructure (FMI) is composed of payment and settlement systems which enable transactions to take place. When FMIs are coupled with the curation of new user behaviour in emerging markets, it can ensure the smooth functioning of a financial…

In recent years, we saw the emergence of KOHO & Neo Financial in Canada and they made us re-think Banking. They are known as ‘challenger banks’ and amongst others on the market, they have revolutionized an industry that was long overdue for innovation. Quick Brief on their products KOHO and…

The Brief As the nation’s largest Black owned bank, our key focus is to close the #RacialWealthGap! We leverage technology to improve the lives of the Black community. In 2016, we lit the fire of the #BankBlack movement and continue to champion its blaze! With innovative solutions, we help you BankBlack, BuildBlack…

New technologies are set to impact the finance industry significantly as we enter the increasingly digitally connected world. Blockchain technology and cryptocurrencies have the potential to reshape the financial inclusion landscape. Many people globally take for granted the services billions of others struggle to access. Imagine living without access to financial services like a checking account, a debit or credit card, or a personal loan to improve living standards, start a small business or send children to school. …

Why Collaborative Data Ecosystems are the next big thing in finance — Now I’ve clearly been a proponent of Collaborative Data Ecosystems and the impact they can give. The folks at work over in Finance have taken a specific look at what this means for Banking. They highlight a few key reasons why this is truly transformative, and something banks will have to consider. Firstly the benefits, the point here is that a significant proportion are already getting the benefits, this is beginning to create a market separation between those who are taking advantage and the laggards in the space.

As we move into web3, new ways of working together are appearing that aren’t limited by the old manual ways or their digital copy that is opereational and cost effective. Most of what we have done before has been a reflection of the manual way we have done things, but…

The current age of digitalization is all about the transformation of digital structures and innovation. With digital being the new buzz around all industries and verticals, the same is true with the BFSI sector. Banks around the world are quickly leaning towards apps and other digital banking solutions to get…

From biotechnology and astronomy, to engineering and marketing, all industries are using modern technology that is rapidly becoming more and more advanced. Businesses are required to keep pace with swift technological changes to maintain competitive advantage and create positive consumer outcomes. Finance and banking are two areas where human interaction…