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Digital Transformation in Banking News

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: 19.05.2022.

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Digital Transformation In Banking

@JimMarous shared
On May 16, 2022
RT @SpirosMargaris: Neobanks' Growth Comes at a Cost: What it Means for Traditional #Banks https://t.co/qqmDgKYu7L #fintech #finserv #banking @BryanYurcan @JimMarous @FinancialBrand @Xbond49 @cgledhill @psb_dc @natashakyp @andi_staub @FrankJSchwab @efipm @davidjmaireles @efipm @Nicochan33 https://t.co/ErSDd5laS0
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Neobanks’ Growth Comes at a Cost: What it Means for Traditional Banks

Neobanks’ Growth Comes at a Cost: What it Means for Traditional Banks

The proliferation of neobanks raises questions about customer cost of acquisition and profitability, with implications for traditional banks.

@leimer shared
On May 17, 2022
RT @AmerBanker: A regulator, perhaps @CFPB, needs to spearhead an effort that assigns clear ownership of financial data to the consumer; defines data that companies must share upon authorization; and oversees data aggregators and intermediaries. https://t.co/0u93IS5PyM
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Open finance is the future of banking

Open finance is the future of banking

A clear, cross-agency regulatory framework is needed to help the industry embrace the promise of this new financial services paradigm.

@efipm shared
On May 18, 2022
RT @BetaMoroney: Imagine #Banking in the #Metaverse - @caixabank v. @euromoney @IngridVasiliu @lyakovet @dadraktim @GlenGilmore @efipm @richardturrin @Damien_CABADI @psb_dc @RAlexJimenez @SpirosMargaris @albertogaruccio @cgledhill @Visible_Banking @nafisalam @Nicochan33 https://t.co/HZez9enbBT https://t.co/RK5CDRTNeV
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Imagine banking in the metaverse

Imagine banking in the metaverse

The metaverse encompasses a range of digitally enhanced environments, using virtual and augmented reality to create different types of experience for workers and consumers. So, what might a ...

@FinMKTG shared
On May 17, 2022
RT @JimMarous: Banking Can Improve The Power of Engagement with Text Communication. https://t.co/nkUbcmvYBg #banking #martech #SMS #creditunions @ipfconline1 @enricomolinari @rshevlin @statflo @cgledhill @RAlexJimenez @HaroldSinnott @dionlisle @Xbond49 @pierrepinna @Kasasa @jblefevre60 https://t.co/b9yX4hnQcG
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@cgledhill shared
On May 19, 2022
@RDInitiativMB @CityAM alternative source https://t.co/ebYQxQ4Lha
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Temenos puts digital banking on AWS

Temenos puts digital banking on AWS

Temenos (SIX: TEMN) and Amazon Web Services (AWS), have extended their global relationship to run Temenos onboarding and origination solutions on AWS. The technology collaboration aims to ...

@leimer shared
On May 15, 2022
RT @efipm: 📌 Incumbents & Big #Fintechs expected to go on a Shopping spread, by @PitchBook v/ @NikMilanovic https://t.co/fvpntTTs2y @JimMarous @BetaMoroney @leimer @FGraillot @albertogaruccio @jblefevre60 https://t.co/PxBvGK1hnT
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This Week in Fintech (5/15)

This Week in Fintech (5/15)

Hello Fintech Friends, To the casual observer, different cities and countries seem to get ‘hot’ for fintech development all at once (even if the fintech scene has been growing there for a ...

@Forbes shared
On May 17, 2022
The Scion Of A Banking Family Crafts A Fintech Future https://t.co/x2ZsQzdDcv
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The Scion Of A Banking Family Crafts A Fintech Future

The Scion Of A Banking Family Crafts A Fintech Future

Sidhu, on the other hand, comes from an unusual family – one where bank-building is the family business.

@Finextra shared
On May 17, 2022
Revolut's Nik Storonsky to launch AI-driven VC fund https://t.co/aTTxiQ61RE #fintech
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Revolut's Nik Storonsky to launch AI-driven VC fund

Revolut's Nik Storonsky to launch AI-driven VC fund

Revolut co-founder Nik Storonsky is to launch his own venture capital fund, using advances in artificial intelligence to identify potential future unicorns.