How Blockchain is Changing the Financial Services Industry
Blockchain technology, which underlies cryptocurrencies like Bitcoin, is transforming the financial services sector. This decentralised and transparent tech has the capability to alter the way financial transactions are processed and recorded, [...]
The Role of Artificial Intelligence in Digital Transformation in Financial Services
Artificial Intelligence (AI) is playing an increasingly important role in digital transformation in the financial services industry. Financial institutions are leveraging AI to improve the customer experience, increase efficiency, and drive [...]
Incorporating Regulatory Compliance into the Digital Product Process
In the financial services industry, regulatory compliance is a key concern. Financial institutions must ensure that their products and services comply with a wide range of regulations, including those related to data [...]
The Impact of Open Banking on Digital Transformation in Financial Services
Open banking, which refers to the sharing of financial data with third-party providers, is one of the most significant developments in the financial services industry in recent years. By making it [...]
How is technology being used to combat AML
Anti Money Laundering (AML) is a critical issue for financial institutions in the UK, as it involves detecting and preventing the flow of illegal funds through the financial system. In recent years, [...]
Digital Transformation in 2023 for Financial Services: A New Era of Banking
In recent years, digital transformation has become a buzzword in the financial services industry. But what exactly does it mean? Simply put, digital transformation refers to the process of leveraging digital [...]