The significant changes in the way customers and businesses participate in the banking ecosystem are incoming. The emergence of artificial intelligence (AI) and machine learning (ML) in financial technology (FinTech) caused the opportunity to improve financial management systems for businesses. Advancements in technology made banking operations simpler, allowing business owners to focus on their other responsibilities and operations. Open Banking: good or evil?
Instinctively, being a “progressive” bank looks more appealing than being called a “traditional” bank. That is why it would look like more traditional financial institutions want to change themselves into progressive ones.
You’ve probably come across a situation when you have everything you need to implement a project, however, you fail to deliver quality and timely software deliveries from sprint to sprint. Here’s a story of my client.
When post-pandemic recovery starts, digital platforms would become a locomotive to assist them on the road to revival and success.
The lack of a single platform for all processes is an important reason why companies fail in digital transformation. Modern banks that want to transform their business should have loan management software to ensure success.