AI Trends That Will Revolutionise the Banking Industry in 2025

AI Trends That Will Revolutionise the Banking Industry in 2025

By Vilas Madan, Senior VP and Growth Leader of APAC for EXL The banking industry has always been defined by its ability to adapt. It’s seen a shift from paper ledgers to digital systems and the rise of mobile banking, but in 2025, the industry is poised for its most profound transformation yet. Driven by…

Fintech Trends Shaping 2025 - Innovations Driving the Future of Finance

Fintech Trends Shaping 2025 – Innovations Driving the Future of Finance

Sheraz Ali is the founder of HARO Links Building Agency The fintech sector continues to redefine the financial landscape, evolving rapidly with groundbreaking innovations. In 2024, the global fintech market demonstrated remarkable resilience, with investments reaching $89.7 billion by Q3. As we move into 2025, collaboration between banks and fintech companies, advances in artificial intelligence,…

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…

Embracing Digital Wallet Payments at Rachel Beth Jewellery
|

Embracing Digital Wallet Payments at Rachel Beth Jewellery

Hi, I’m Rachel Lake, founder of Rachel Beth Jewellery, based here in Sydney. At Rachel Beth, our goal is to craft timeless, custom-made pieces that carry deep meaning for each client. Our passion is not simply about making beautiful engagement rings and wedding bands; it’s about capturing and telling personal stories through every piece of…

Fintel Connect Launches Fintel Check for BaaS Automated, Scalable Fintech Partner Monitoring Tool for BaaS Banks
|

Fintel Connect Launches Fintel Check for BaaS: Automated, Scalable Fintech Partner Monitoring Tool for BaaS Banks

New automated tool empowers BaaS banks with cost-effective solutions for monitoring fintech partners’ marketing compliance Vancouver, BC, October, 2024 – Fintel Connect, the leading provider of growth marketing solutions for the financial industry, announces the official launch of Fintel Check for BaaS, an automated, cost-accessible fintech partner monitoring tool designed for Banking-as-a-Service (BaaS) sponsor banks…

Why banks should leverage offer walls to provide more value to customers

Why banks should leverage offer walls to provide more value to customers

By Jason Fuentes, VP of Business Development, Wildfire Systems Legacy financial industry revenue sources face contraction due to factors such as looming regulatory pressures, modifications to interchange fee models, and the rise of alternative payments. As a result, banks and credit card issuers are looking to alternative loyalty solutions – new revenue streams for the…

Why the move to cashless demands digital financial literacy and inclusion

Why the move to cashless demands digital financial literacy and inclusion

By Colin Weir, CEO, MOROKU The financial landscape in Australia is undergoing a significant transformation, marked by the increasing closure of bank branches and ATMs. This shift is driven by the rapid adoption of digital banking and payments, which offer unparalleled convenience, efficiency and when designed correctly, support for strong money habits. However, this transition…

Best Credit Risk Solution

Provenir Takes Home Top Honors in the Global BankTech Awards,  Named ‘Best Credit Risk Solution’ for Two Years Running

The prestigious global awards program recognizes the world’s preeminent and ground-breaking technology vendors pioneering transformation in the financial services industry Parsippany, NJ –Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been named winner of the “Best Credit Risk Solution by a Vendor” category in the annual Global BankTech Awards 2024. This…

How Banks Can Avoid Tech Bloat to Boost Efficiency, Security, and Innovation

How Banks Can Avoid Tech Bloat to Boost Efficiency, Security, and Innovation

By Brendan Deakin, General Manager, U.S. Market, Provenir Today’s technology can be not only a vital enabler to progress and growth, but also a potential hindrance to efficiency. With the accumulation of outdated, redundant, or overly complex tech systems, larger financial institutions, including major banks, can feel the pressures of “tech bloat”. Tech bloat in…

Money laundering in the APAC region: Digital banking scammers outsourcing the laundering process

Money laundering in the APAC region: Digital banking scammers outsourcing the laundering process

By Richard Booth, Asia Pacific vice-president at BioCatch While scam losses in Australia decreased by 18% in 2023, the total number of reported scam cases grew from 240,000 to 300,000. At BioCatch – the global leader in behavioural biometric intelligence – we’ve seen fraudsters armed with increasingly sophisticated, AI-powered toolkits continue to improve the quality…