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As more banks concentrate on digital transformation to power growth and operational efficiency, the opportunity to simultaneously leverage technology to mitigate risk and promote transparency - partic...
In our previous article, Beyond the monolithic era- Data as a Product (https://www.finextra.com/blogposting/23986/beyond-the-monolithic-era--data-as-a-product) we had touched upon the new concept, D...
In challenging times for banks and other commercial lenders, it’s more important than ever for fintech providers to understand how their clients’ requirements are evolving. So, at FIS, we always make ...
1. Evolutionary shift of Artificial Intelligence toward Generative AI Rapid advancements in artificial intelligence (AI) and machine learning (ML) techniques – e.g., natural language processing ...
Embarking on a once-in-a-lifetime road trip through the vast expanse of Death Valley, you're filled with excitement and a sense of adventure. As you drive along the deserted stretches, a sign ominousl...
Automating Know Your Customer (KYC) and Know Your Business (KYB) checks are vital for payroll service companies. In the fast-paced, ever-evolving world of finance, the role of payroll service companie...
RegTech solutions have become increasingly critical for banks looking to accelerate digital transformation initiatives to power operational efficiency and ultimately, growth. While compliance teams
As businesses get digitalized and the era of "Everything Real-Time" kicks in, transaction banking needs to change. More and more banks are aligning their internal systems and processes to ad...
Financial institutions are data-driven by nature. All their core processes — including customer suitability assessments, credit allocation decisions, and liquidity buffers management — are dependent o...
Lenders and financial institutions are facing increased accountability for the carbon emissions of their borrowing customers, which makes climate-related impact a credit risk. Virtually all stages of ...
"The time to repair the roof is when the sun is shining,” said John F. Kennedy in his State of the Union address in 1962. More than 60 years later, this reminder to prepare for any eventuality ri...
Down the ages, agility – whether mental or physical – has allowed human beings to adapt and thrive against a background of changing conditions. That agility requires an unsentimental willingness to ac...