From platforms to ecosystems
‘Platform’ and ‘ecosystem’ are two commonly used business buzzwords, describing business models that investors and board members around the world seek to emulate. As Douglas Blakey reports, while the two...
UOB launches Sign with Singpass
UOB is the first bank in Singapore to pilot Sign with Singpass for digital signature authorisation. The move will cut...
Cognitec supports real-time person alerts and searches in video
The video screening and analytics technology from Cognitec, FaceVACS-VideoScan, allows users to perform complex searches and analyses on persons appearing...
Laybuy launches contactless digital BNPL card in the UK
Laybuy is launching a digital BNPL card in the UK, allowing customers to use Laybuy for contactless payment in-store. Until...
dLocal caps phenomenal year with soar-away IPO
Just last September, dLocal acquired unicorn status, the first such company headquartered in Uruguay. Fast forward a mere nine months...
Weekly chart
Cloud computing job advertisements posted by major banks: the top 10 countries
Cloud computing job advertisements posted by major banks 2021: YTD (source: GlobalData):
| Country | Number of job ads |
|---|---|
| US | 12,027 |
| India | 8,141 |
| UK | 1,619 |
| Canada | 1,446 |
| China | 1,162 |
| Australia | 861 |
| Singapore | 620 |
| Japan | 415 |
| Poland | 386 |
| France | 375 |
Latest News
Cornerstone Home Lending agrees to buy The Roscoe State Bank
Cornerstone Home Lending has entered a definitive agreement to acquire The Roscoe State Bank, a community bank in Texas, US.…
Norway’s DNB Bank to acquire 90.9% stake in Sbanken
Norwegian lender DNB Bank is set to acquire around 90.9% stake in domestic rival Sbanken. The move comes after Sbanken…
BMO Harris Bank taps FIS to upgrade core banking systems
BMO Harris Bank in the US has strengthened its partnership with FIS to modernise its core and digital banking platforms.…
Citi Singapore to shut down small business banking service
Citibank Singapore is reportedly planning to shut down a key banking unit that serves small businesses. According to a local…
Latest Themes
Digital Transformation in Banking: Technology Trends
At the height of the pandemic, consumer behaviour began to outpace the channel capabilities of slow-moving incumbent banks, reinvigorating providers around digital transformation imperatives. Incumbent...
Temenos accelerates banking innovation for SMEs with Temenos Virtual COO
Temenos and Canadian Western Bank (CWB) have teamed up to develop an Explainable AI-driven (XAI) solution, Temenos Virtual COO. The aim is to accelerate banking...
Chatbots: AI tech can be useful in real-world business applications right now
Chatbots are one of the main real-world business implementations of artificial intelligence (AI) software today, with companies all over the world using them to reduce...
Digital banking in a pressure cooker
In less than 12 months, Covid-19 drove levels of digital adoption in banking that was projected to take five years. And as the pandemic has...
“Incumbent banks can fight back against challengers”: IBM’s Alfred Escala Sisquellas
As continued coronavirus cases across Europe raises the prospect of sustained economic uncertainty, incumbent banks are facing the prospect of losing ground to the emerging...
TCF 2021: Digital presents once-in-a-generation opportunity to make banking better
Temenos has enjoyed a strong run up to TCF 2021 with shareholders okaying a dividend increase for the 10th consecutive year. Add in strong contract...
Temenos Banking Cloud launches to accelerate SaaS and AI adoption
The Temenos Banking Cloud is live. The new product aims to develop the next generation in banking services and accelerate SaaS and AI adoption by banks and...
Tassat CEO discusses growth ambitions as blockchain based platform gathers momentum
TassatPay is the B2B digital payments platform that claims to bring banks new customers and deposits. And as CEO of Tassat Ron Totaro tells Douglas...
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Expert Commentary & Analysis
View MorePreference for alternative providers set to increase as super apps emerge
The growing preference for banking services from alternative providers (such as big tech, digital banks, fintechs and digital wallet providers) is slowly beginning to impact the market share of incumbent…
Digital Transformation in Banking: Regulatory Trends
Institutions that focus on knowing their customer – not just from a regulatory perspective, but in terms of financial impact, behaviours, and prospects – will be best placed to succeed…
Digital Transformation in Banking: Macroeconomic Trends
Building digital capabilities takes time – it’s an organisation-wide, multi-year technology change. Some banks are prioritising innovation, some user experience, some cost-cutting, and some a combination of all three. Regardless…
Biggest influencers in wealth management in Q1 2021: The top individuals to follow
GlobalData research has found the top influencers in wealth management based on their performance and engagement online. Using research from GlobalData’s Influencer platform, Retail Banker International has named ten of…