Future of Money

Digital Transformation in Banking

Digital Transformation in Banking by Essentials is the daily digest that only curates the most insightful news from trusted experts in the industry of online banking. Discover all the latest in digital banking trends, find out what's in store for the future of fintech, and much more.

Top news of the week: 08.12.2022.

#fintech
#banking
#finserv
#InsurTech
#nocode
#Global
#VC
#Scale
#personalized
#stockmarket

@stratorob shared
On Dec 5, 2022
RT @JimMarous: Why Fintech Firms Can't Achieve Global Scale https://t.co/tx18ljJlSj #banking #fintech #finserv @SpirosMargaris @ipfconline1 @jblefevre60 @KirkDBorne @AlexH_Johnson @MarshaCollier @rshevlin @Ronald_vanLoon @BrettKing @psb_dc @YuHelenYu @EvanKirstel @antgrasso @barbmaclean https://t.co/O779c9wa9S
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Why Fintech Firms Can’t Achieve Global Scale

Why Fintech Firms Can’t Achieve Global Scale

Expansion of fintechs can be good news for consumers, legacy banks and countries involved, as innovation improves banking accessibility.

@sammaule shared
On Dec 5, 2022
Wells Fargo launches persona and AI-driven digital banking platform, Vantage https://t.co/8jjXFLsHxy via @Finextra
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Wells Fargo launches persona and AI-driven digital banking platform, Vantage

Wells Fargo launches persona and AI-driven digital banking platform, Vantage

Wells Fargo has unveiled a new digital banking platform, Vantage, to more effectively service its commercial, corporate, and investment banking clients.

@bitcoinagile shared
On Dec 5, 2022
Startup digital bank Kroo launches 2% interest bearing current account #fintech https://t.co/QVeB5UCMAD https://t.co/mPkrXPpxGh
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Startup digital bank Kroo launches 2% interest bearing current account

Startup digital bank Kroo launches 2% interest bearing current account

Mobile-only UK bank Kroo has launched its flagship current account. offering customers two percent in interest on amounts up to £85,000.

@SabineVdL shared
On Dec 8, 2022
RT @astorya_vc: Our weekly selection 1️⃣ How data & AI could benefit #InsurTech towards new risks 2️⃣ 10 trends to watch in low-code / #nocode 3️⃣ The state of #FinTech NeoBanks Read more 👇 https://t.co/sGGgn2cQKp
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@stratorob shared
On Dec 2, 2022
Make the experience as #personalized as possible, especially for digital financial services. Anything less won't assist past a certain point regarding client retention https://t.co/F2dLY96GWk #Fintech #Banking #Finserv @SteveTN @bryanfalchuk @TunstallAsc @FGraillot @YvesMulkers
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UAE’s digital banking has to personalise all consumer experiences RAKBANK CEO Raheel Ahmed

UAE’s digital banking has to personalise all consumer experiences RAKBANK CEO Raheel Ahmed

Banks cannot afford to put same digital interfaces and hope to succeed, says RAKBANK CEO

@bitcoinagile shared
On Dec 8, 2022
MEGATRENDS Shaping the future part 2 for COINBASE:ETHUSD by Timonrosso #megatrends #trends #stockmarket https://t.co/5dFTqGQb5z https://t.co/IGE0gig4hO
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MEGATRENDS Shaping the future (part 2)

MEGATRENDS Shaping the future (part 2)

This is part two of what is changing the world for the future... Last time we spoke about the first 4 Megatrends. Electric Vehicles & Autonomous Driving 1. E-shopping & Drop Shipping 2. ...

@JimMarous shared
On Dec 8, 2022
Fintech firms are looking more like (digital) traditional banks. https://t.co/8qOBk6gqNb via @business #banking #fintech #future #digitaltransformation
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Europe’s Fintech Future Looks a Lot Like Traditional Banking

Europe’s Fintech Future Looks a Lot Like Traditional Banking

Europe’s fintech giants were built on the promise of new ways to do finance. Under pressure from rising interest rates and nervous investors, their next steps are looking more like ...

@AmerBanker shared
On Dec 7, 2022
RT @johnhadams: .@CommBank upgrades merchant tech; Europal_EN gets tougher on BNPL; and other financial services news from around the world. https://t.co/eWYZSm7cHN
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Latest global banking news

Latest global banking news

In global news this week, the EU cracks down on buy now/pay later; France conducts digital currency test, Tencent launches cross-border payments, and other news.