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NEW REPORT: State Street Chief On Cost-Benefits Of AI

PYMNTS

A recent study estimated that investment in AI could result in a 22 percent reduction in operational costs at FIs, collectively saving them as much as $1 trillion by 2030. In the July edition of the Digital Banking Tracker , PYMNTS explores the latest AI developments from around the space and the potential AI holds for the future.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

Here are five elements of the Banking Crisis of the ’20s: 1) Checking accounts ain’t what they used to be. In the first half of 2023, nearly half of the “checking accounts” opened in the United States were opened by digital banks and fintechs. But they typically don’t assess their internal ability to get the project done.

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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

The bank was looking for a modern, digital banking solution that would help it transform customer engagement through the delivery of contextual experiences. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. It was always clear how much Jones loves his credit union, his team and his community. for creating a progressive culture that still makes the profession of banking fun and challenging.

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