The top provider of digital services and solutions, Coforge, is making sure that financial institutions can strike a balance between digital transformation and cost optimization.
We talk to industry professionals in this roundtable about how technology is advancing finserv in important areas including digital currencies, CX, ESG, and application cases for Gen AI.
Financial institutions are putting a lot of effort into making sure their mobile banking platform incorporates the newest technologies and provides previously unheard-of ease.
In order to jointly drive digital payments modernization for banks, fintechs, and merchants throughout the Middle East and Africa, ACI Worldwide, the provider of real-time payments software, has partnered with Arab Financial Services (AFS), the region's provider of digital payment solutions and fintech enabler.
Recently, Flagright and Cleva, a FinTech platform devoted to revolutionizing financial services for Africans, announced a major cooperation.
To help JCB cardholders in France with their payment transactions, La Banque Postale has partnered with the Japan-based card issuer, acquirer, and global payments brand.
To improve access to consumer finance solutions in Egypt, Paymob, a financial services provider in the Middle East, North Africa, and Pakistan (MENAP), has partnered with MID Takseet, a consumer finance company.
According to recent research by open banking, open finance, and payments provider Moneyhub, financial service providers can be avoiding their consumer duty obligations.
The phenomena of embedded finance is still transforming the financial services industry as we move closer to 2024. According to a 2021 Capgemini poll, more than 70% of banking executives see embedded finance as a driver of innovation, growth in client base, and cost containment. They also forecast that the market value of embedded finance will increase from $22 billion in 2020 to $588 billion by 2030. Embedded finance is being positioned by this trend as a crucial strategic channel for banks.
With the help of a new alliance with the multinational payments giant American Express, Ryft, the FCA-regulated payments service, is improving its digital platform payments offering.
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