Banks

Intellect drives transformation certainty and business impact for global banks

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Intellect drives transformation certainty and business impact for global banks

Rajesh and Akash discuss how Intellect helps banks and financial institutions achieve complete digital transformation, navigate global uncertainties, improve profitability and stay on schedule. GF: What specific challenges do banks face in their digital transformation initiatives? Rajesh Saxena: When looking at digital transformation and large-scale transformation, I think the most important aspect is that it … Read more

Banks and Private Credit Deepen Ties Amid Rising Risks

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Banks and Private Credit Deepen Ties Amid Rising Risks

Banks are joining private equity funds to extend private credit to corporate borrowers, despite regulators’ concerns about invisible risks. As private equity becomes an increasingly dominant force in supporting corporate deals, banks are taking an “if you can’t beat ’em, join ’em” approach to debt financing. Business borrowers who would otherwise be unable to obtain … Read more

Top Banks Say They Are ‘Drowning’ In Payment Changes

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Top Banks Say They Are ‘Drowning’ In Payment Changes

North American banks have difficulty keeping the evolutionary pace of payments. Technological innovation transforms commercial payments across North America, considerably affecting major financial institutions in the United States and Canada. Celent, a Fintech research and advice company which is part of the GlobalData data analysis company, shared a report on this subject at Sibos on … Read more

How banks are shaping the AI age

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How banks are shaping the AI age

& nbsp Author: Alexandra Mousavizadeh, co-founder and CEO, obvious insights AI has transformed the high -speed financial services industry. From the detection of fraud and the integration of customers to the exchange powered by the IA Insights, it reshapes the infrastructure and the competitive dynamics. According to the Bank of International Settlements, 70% of the … Read more

GCC Digital Upheaval – Fintechs vs Banks

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GCC fintechs vs banks

Gulf Fintechs questions the long -standing domination of banks and procuments, because the CCG continues with force a digital future. In the States of Gulf Cooperation Council (GCC), a new generation of Fintech start-ups challenges the domination of banks and brokerage companies in place. The United Arab Emirates which emerge as a hub, the region … Read more

Banks shift focus to innovation and growth as AI delivers measurable impact

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Banks shift focus to innovation and growth as AI delivers measurable impact

When a discrepancy of this nature occurs, bankers are motivated and evaluated more on the acquisition of customers, product innovation and digital commitment that we can see on the market. Interestingly, the results also revealed that artificial intelligence (AI) generates a measurable commercial value, with more banks seeing solid yields as initiatives mature. Measurable value … Read more

AI is Reshaping Financial Services & Redefining the Role of Banks

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AI is Reshaping Financial Services & Redefining the Role of Banks

While the World Financial Services sector is accelerating the adoption of AI (Artificial Intelligence) technology, Abdullah Khalifa Al Nusef, Data Director of Boubyan Bank, discusses the transformer impact on banks and customer experience as well as Boubyan’s growth services and growth strategy focused on AI. Global finance: How do you see the AI transforming the … Read more

Big Banks Mull Joint Stablecoin

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As legislation to create a regulatory framework for stablecoins progresses in the US Congress, major banks are reportedly discussing issuing a joint stablecoin that could potentially provide commercial clients with various benefits.

As legislation to create a regulatory framework for stalls is progressing at the US Congress, large banks have discussed the publication of a spouse that could potentially offer commercial customers various advantages. The law on national innovation law and the establishment of stablescoins (engineering) could become the law this summer after having made a significant … Read more