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IT Transformation: How Banks Are Driving Digital Technologies

Banking 2020

Banks have one of the largest IT budgets of any industry, but what exactly are organizations getting for the money? Powering innovation starts with transforming technology and its use. Many banks are built on legacy, and that includes legacy IT. percent of revenue on technology, according to the 2014 Gartner IT Key Metrics Data.

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Lending: When Technology Makes the Call

Banking 2020

It’s easy to get bogged down in the endless debate over the mingling of banking technology. The banking technology more than the banker will actually make the call. That’s why it can be refreshing to see startups use technology to make instant decisions about loans. So what’s the best way to move forward?

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New But Not Yet Normal: Can Agility Make the Difference?

Banking 2020

and corresponding liquidity pressures, which were aimed at making the banking system shock-proof are indicating an erosion of growth in many high potential markets. Corporations need support in working capital optimization and banks are at the cusp of seizing this opportunity by demonstrating the agility to change the trade landscape.

Capital 40
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FI Highlight: Westpac New Zealand

Banking 2020

Introducing new technologies can often be a challenge when looking at customer adoption. In a few sentences, can you tell us about Westpac Bank? . Westpac has been operating in New Zealand since 1861 and is one of the country’s largest full service banks with over 1.3 million customers.

Mobile 47
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How to Serve Smaller Businesses for Bigger Profit

Banking 2020

Traditional business banking services for larger companies have been a profitability mainstay for many financial institutions, but this typically isn’t the case for the small-business segment. Those services can include anything from working capital and other types of loans to additional features such as positive pay.

How To 40
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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. PWC does suggest major improvements can be achieved without replacing core systems, or undertaking radical digitalization.

Retail 28
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PWC Takes Very Optimistic View Of Retail Banking

Tech and Finance

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. PWC does suggest major improvements can be achieved without replacing core systems, or undertaking radical digitalization.

Retail 28