Zafin

We are honoured to have received The BIAN Transformation Award for Adoption Leader 2024. This award highlights our dedication to tackling significant business challenges in partnership with BIAN. The entire BIAN Banking Summit has been an amazing opportunity to connect with other companies and leaders in finance and technology. Congratulations to all other winners, and we look forward to seeing you at next year's summit! #BianBankingSummit

Banks have made strides in delivering sleek, user-focused digital experiences. But here's the truth: without a strong backend, the frontend can't thrive. As Shahir Daya, CTO at Zafin, wrote in his piece "Beyond the Surface: Modernizing the Backend for Long-Term Banking Success," outdated core systems limit agility, slow innovation, and create roadblocks for meeting evolving customer demands. The future of banking depends on balance—aligning investments in both front-end innovation and backend transformation for long-term success. 💡 Want to learn how to approach modernization strategically? 👉 Read the full article here: https://lnkd.in/e7TKAQAH #BankingInnovation #DigitalTransformation #CoreModernization #Banking

💡 In part 1 of her series "What is eating bankers' lunch?" Mun Tham, Banking Industry Expert at Zafin, wrote about the intense disruption banks are currently facing, and the need to pivot to a "platform economy," offering their customers the experience they get from Amazon, Netflix and Airbnb. With banks broadening their horizons and adopting a platform-based approach, what should they prioritize in their approach? Take our poll, drop your reasoning in the comments, and read Mun's piece, linked below!

Trust is the foundation on which customer loyalty is built. 🤝 And customer loyalty is something banks have to fight harder than ever to maintain, with sleek, personalized fintech offerings and attractive neobanks offering stronger competition every year. 💡 But how to build that trust? Transparency through modernization. In his article, "Banking on Trust: Transparency and Modernization are the Keys to Customer Loyalty," our very own SVP, Data and Analytics, Adnan Haider looks at the specific ways banks can offer transparency, build trust, and improve customer experience and loyalty: https://lnkd.in/g7JE3WQu #BankingOnTrust #CustomerLoyalty #ZafinInsights

CCI is thrilled to welcome Zafin and CEO Charbel Safadi to our national network of scale-ups! Zafin equips banks worldwide with tools to modernize their systems and adapt to changing industry demands, ensuring they remain competitive in a fast-evolving financial landscape. https://lnkd.in/ePij7DNH

📌 The platform economy is reshaping industries— and banking is no exception. Banks are at a crossroads. In part 1 of her series, Mun Tham, Banking Industry Expert at Zafin, explained how rising regulatory pressures, intensifying competition, and changing customer expectations, are causing banks to rethink traditional, product-centric models. The future belongs to those who put clients at the center, leveraging platform technologies to deliver meaningful, scalable outcomes. 🧠 In Part II of "What is Eating Bankers' Lunch?", Mun explores how financial institutions can thrive in this transformation by: 🤝 Shifting to client-centric, outcome-focused models 🤖 Harnessing AI to create hyper-personalized, real-time solutions 🍃 Building open ecosystems for seamless collaboration and innovation The pace of change is accelerating—how prepared is your bank to ride the wave of disruption? 💡 Don't miss this deep-dive into the future of banking in Part II of our "What is eating banker's lunch? series. Read the full article now and start shaping tomorrow, today: https://lnkd.in/eapcpc2b #BankingInnovation #PlatformEconomy #DigitalTransformation #FutureOfBanking #Zafin

🌟 The deadline to apply for the 2024-2025 Aspire and Achieve Scholarships is December, 31st, 2024! With $5,000 each, we're empowering the next generation of innovators in STEM and engineering. 🌟 This year, we're offering four Women in STEM scholarships globally, alongside four engineering scholarships dedicated to supporting underrepresented students in North America and India. It's not just about financial support -- exceptional candidates will even have the opportunity to intern at Zafin, and build their career with us! Watch the video below from Gayathri Jyothirmai last year's winner, showing us what a day at Zafin is like. Are you ready to be one of them? For more information, visit our website: https://lnkd.in/eZecXJvm Or, apply right now through our portal link and take the next step toward your future success. 🌟 ✨For aspiring women in STEM: https://lnkd.in/ebp9ZRsq 💡For aspiring engineers: https://lnkd.in/e7R_eQn4

Transforming banking with generative AI 🤖 At the Banking Product Summit 2024, Marcus Vinicius Martinez from Microsoft explored how generative AI is revolutionizing the banking industry, driving growth, productivity, and innovation.   💡 Key insights included: 1️⃣ Redefining growth opportunities: Generative AI enables banks to create hyper-personalized products, anticipate customer needs, and deliver standout experiences. 2️⃣ Boosting productivity: By solving the "dark data" challenge, generative AI unlocks critical insights that streamline operations, reduce costs, and improve decision-making. 3️⃣ A transformative vision: Paired with open architectures, AI helps banks push beyond traditional models, innovating products and services to meet modern customer demands.   Generative AI is reshaping the future of banking, offering a clear path to stand out in an increasingly competitive market.   How is your organization preparing for this transformative journey? #BankingProductSummit #GenerativeAI #InnovationInBanking #FutureOfBanking  

Our first-ever Banking Product Summit was incredibly educational. Last week, we posted live from the event, covering Paolo Sironi taking a deep dive into platform economies, and Balazs Czimer's incredible session Transforming the Future of Banking. Now, we're distilling some of main takeaways from our other sessions, starting with one led by Bain & Company. 📌 Key Takeaways from Bain's Presentation at the Product Banking Summit 2024   Adam Davis and Ryan Garner from Bain delivered powerful insights into the SMB banking space, highlighting key challenges and opportunities:   1️⃣ The UK SMB banking market remains highly concentrated, with banks holding the majority share. 2️⃣ Fintechs are making strides, but scaling remains a challenge. 3️⃣ Innovation is reshaping the space, with advances in data models, alternative lending, and payments driving transformation. 4️⃣ Larger players and fintechs alike are exploring adjacencies such as end-to-end digital product ecosystems and integrated SMB solutions to stay competitive. This partnerships 2.0 model emphasizes orchestration, where banks, fintechs, and customers collaborate 5️⃣ Across EMEA, similar trends are emerging as customer expectations push for seamless and efficient banking experiences. This was a fantastic session that emphasized the importance of rethinking strategies and unlocking new opportunities in SMB banking. #BankingProductSummit #BankingInnovation #SMBBanking #FintechTrends

When our Chief Technology Officer shows off his AirPods in the latest episode of ‘Off the Clock,’ it's like watching Steve Jobs in action! 🎧 Watch Shahir share his AirPods story and why they’re his travel must-have. But wait, there’s more! You won’t believe his unexpected choice for the first app he checks in the morning. Curious? Start watching now and get to know Shahir in a whole new way! #ZafinLeadershipSpotlightSeries #OffTheClock #ZafinLeaders #TeamZafin #AirPods #CoreModernization #BankingTransformation #FinancialServices