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The Rise Of eCommerce And Digital Banking Innovations

PYMNTS

In connected vehicles, the FinTech Car IQ has teamed with Discover to accelerate automotive banking. And in innovation, Banking-as-a-Service (BaaS) is making it simpler for companies and FinTechs to create functions for sending and receiving payments in addition to managing banking data. All this, Today in Data.

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Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation

PYMNTS

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Aside from providing banking customers in the Kingdom with a way to securely manage and share financial data, open banking will also give people access to custom products and services.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Based on our advisory work with hundreds of financial institutions and fintechs, Cornerstone has identified four Foundational Pillars of Smarter Bank Leadership. And, quite frankly, they’re struggling.

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

Bobsguide

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. It will interface with technology offerings from TCS’ partners for CRM, sales, risk management and other enterprise functions.

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

Gonzobanker

In the first half of 2023, nearly half of the “checking accounts” opened in the United States were opened by digital banks and fintechs. The (mid-size) bank IT department has evolved from being a builder to a vendor management team and will evolve further in this decade to become an integration team. 4) The creativity imperative.

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Cross-Border Payment Efforts Look To The Blockchain And Beyond

PYMNTS

Separately, in other company news, Canadian FinTech Buckzy Payments announced its launch earlier this week, eyeing international payments through what it has termed a “safe, secure and convenient ecosystem.”. Bill.com noted it has three million customers in place and manages $60 billion annually in payments volume.

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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

Instead, small businesses searched for “business development manager,” “data analyst” and “business analyst,” to name a few. “It McKinsey research , released in 2017, pegged the number of jobs worldwide that could be lost to automation by 2030 at 800 million.

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