AI in Banking and Finance: Open Banking vs. Open Finance

AI in Banking and Finance: Open Banking vs. Open Finance

Discover the difference between open banking and open finance. Learn how AI in banking and finance drives innovation and transforms customer experiences. Introduction As the financial sector evolves, terms like open banking and open finance are becoming buzzwords, often used interchangeably. However, these concepts differ significantly, each representing unique opportunities and challenges. Powered by AI…

You wouldn’t RFP a heart transplant, so why would you do that with your BaaS supplier?

You wouldn’t RFP a heart transplant, so why would you do that with your BaaS supplier?

By Philipp Buschmann, Co-Founder and CEO at AAZZUR The Banking-as-a-Service (BaaS) sector is shifting yet again, with some big players bowing out and sparking fresh questions about what’s next. For businesses depending on BaaS to offer financial services, the big question isn’t “Is BaaS stable?”—it’s “How do we build resilience in this fast-changing space?” The…

Checkout.com expands in Japan to strengthen its global presence

Checkout.com expands in Japan to strengthen its global presence

TOKYO, JAPAN—November 26, 2024— Leading global digital payments company, Checkout.com, today announced its expansion into Japan supported by new direct acquiring capabilities. This strategic move reflects Checkout.com’s continued commitment to delivering high-performance, localized payment solutions across APAC, designed to meet the evolving needs of both domestic and global merchants. To lead this expansion, Checkout.com has…

Enhancing global opportunities for Australia's wealth management sector

Enhancing global opportunities for Australia’s wealth management sector

By Nigel Singh, CEO of ViewTrade International Australia The global wealth management industry is constantly evolving, with globalisation driving a growing demand for truly diversified portfolios that span multiple regions, asset classes, and currencies. This growing demand for diversification is a fundamental shift in the way investors expect to manage and protect their wealth. To…

How a Multigenerational Workforce Will Propel Your Business Forward in 2025

How a Multigenerational Workforce Will Propel Your Business Forward in 2025

By Lana Johnston, Founder and CEO of Taking It Forward Pty LtdAs we approach 2025, the workplace is shaping up to be unlike anything we’ve seen before. Businesses are witnessing a unique convergence of generations. We could have up to five generations in the workforce – Baby Boomers, Gen X, Millennials, Gen Z, and in…

Finance & Accounting hiring spike on the cards: will skills shortages hamper growth?
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Finance & Accounting hiring spike on the cards: will skills shortages hamper growth?

Professionals expecting pay rises as cost-of-living increases, pushing budgets to the limit – 52% of finance hiring managers planning to increase permanent headcount– Almost half (45%) of professionals expect a pay rise, with 20% set to quit if they don’t get one– Employers offering new perks to counter salary increases, including dental insurance The majority…

The Evolution of AI-Driven Financial Solutions: Trends, Challenges and Opportunities

The Evolution of AI-Driven Financial Solutions: Trends, Challenges and Opportunities

By Deepak Shukla, founder and CEO of Pearl Lemon Accountants As artificial intelligence (AI) continues to reshape industries, the financial sector is at the forefront of this technological revolution. AI redefines how financial services are delivered, helping institutions make smarter decisions, enhance customer experiences and improve efficiency. From predictive analytics in finance to robo-advisors and…

Odevo welcomes addition of award-winning property management agent Encore

Odevo welcomes addition of award-winning property management agent Encore

London, UK & Stockholm, Sweden – November – Odevo, an international leader that is driving change in the traditional property management industry, continues to strengthen its UK presence following the recent addition of Encore as the latest company to join. As a result, Odevo now oversees the management of more than 1.5 million homes globally. Encore…

Profound Insights on "Realisation of Value" in Defence Innovation Unveiled at BSI Innovation Day 2024

Profound Insights on “Realisation of Value” in Defence Innovation Unveiled at BSI Innovation Day 2024

London, UK – The BSI Innovation Day, held on 14 November 2024 at the Design Museum, gathered some of the brightest minds in innovation for a thought-provoking session on “Realisation of Value.” A panel discussion, chaired by Prof Sam Medhat, CEO of the Institute of Innovation and Knowledge Exchange – IKE Institute, featured leading figures in…

MSB Joins Forces with Backbase and SmartOSC to Drive Unified, Customer-Centric Digital Modernization with the Engagement Banking Platform

MSB Joins Forces with Backbase and SmartOSC to Drive Unified, Customer-Centric Digital Modernization with the Engagement Banking Platform

MSB, Backbase and SmartOSC announce partnership in signing ceremony HANOI, VIETNAM November 2024 – Backbase, creator of the Engagement Banking Platform, today announces that Maritime Commercial Joint Stock Bank (MSB), has made a strategic investment in the Backbase Engagement Banking Platform, with local implementation support from Backbase’s partner, SmartOSC, a premium digital enabler. This milestone marks a pivotal step…