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Banking 2030, Part 5: Opportunities and Challenges in Banking’s Core Offerings

The Financial Brand

This article Banking 2030, Part 5: Opportunities and Challenges in Banking’s Core Offerings appeared first on The Financial Brand. Special Report: Good news: Many current lines of business will endure in the bank of the future, enhanced and augmented by digital technologies.

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Chinese Finance Group Calls For AI Regulation In Ecosystem

PYMNTS

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. We should not deify artificial intelligence as it could go wrong just like any other technology,” Gang said. The Chinese AI industry would be worth $143 Billion by 2030.

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Saudi Startup Lendo Helps SMBs With Invoices

PYMNTS

Lendo , a peer-to-peer (P2P) lending marketplace for small- and medium-sized businesses (SMBs), wants to help them pre-finance their invoices so they can potentially get paid faster, according to a report. The company is doing its business as an alternative to regular short-term finance by borrowing money against outstanding invoices.

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

Gonzobanker

This decade-long crisis touches banks’ products, technologies, people, processes and the political climate. Holding these assets can impact profitability because banks can’t lend those funds out or invest them at higher rates. This crisis touches banks’ products, technologies, people, processes and the political climate.

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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. Smarter Bank leaders have an eye for designing and building new systems that align people, processes and technology and that leverage data and intellectual capital.

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Finastra research points to open finance progress

Bobsguide

Explore the latest trends in lending, payments, universal banking (digital, retail and commercial banking), treasury and capital markets, and Finastra’s broader commitments, including: Open technology: Collaborating to innovate. Open communities: Creating more equitable access to banking.

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Want To Build A 630M, 10 Country Financial Services Ecosystem? Here’s What Grab Did

PYMNTS

Grab, as most know, is a financial services ecosystem that serves the 630 million citizens in Southeast Asia — and has expanded from ridesharing and food delivery to lending and insurance for these micropreneurs. Yet, as powerful as technology is, and much as it serves to connect the supply and demand sides, it only takes one so far.

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