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Thrilled to share a special interview with Xavier Ader conducted by The Banking 50 earlier this year. Xavier Ader delves into Intellect Design Arena Ltd's pivotal role in transforming the banking landscape across Europe. Discover how our tailored solutions meet and exceed modern banks' dynamic needs, facilitating seamless digital transitions and fostering robust growth. Watch the full interview to learn about our strategic initiatives, European success stories, and future innovation plans. Xavier Ader provides valuable insights that underscore Intellect Design Arena Ltd's commitment to excellence and our deep understanding of regional challenges and opportunities. Tapan Agarwal | Ritwik Mohanty #iGTBIntellect #winwithiGTB #eMACHai #Intellect #FirstPrinciplesThinking Shameena Banu S Md Sibghatullah Uthra Ramaswamy Alok Nayak Abishek SJ Arun T Sneha Mathan Akshaya Arjunan Kanimozhi Kamaraj iGTB Anchal Darda Jain Avinash M. SHANKER IYER Dhwanit Jain John Mutuale Ameet Gajanan Awari Yash Falor Kathiravan R

In today's data-driven world🌍, alternative data sources like mobile numbers, UPI transactions, employment details, e Com, social media and many others are empowering secure business processes in emerging markets like India. Especially for the financial services sector, these data points can revolutionize customer profiling and risk assessment.🕵♂️ Stay tuned for our upcoming whitepaper📑, where we delve deeper into how businesses can leverage these data sources to gain a competitive edge. Explore how we're enabling a data-driven ecosystem in the Indian market! info@digitap.ai #AlternativeData #Fintech #RiskAssessment #CustomerProfiling

Ever wondered how financial institutions can break into new markets? 🌟📊 "When you're going after new business, whether you're going to enter the market and search for a new vertical, maybe you've never done business in the healthcare space. I think every financial institution should look at the healthcare space." - Lynn Dufrane, Executive Director of Sales at CheckAlt CheckAlt is not just innovating within existing markets but also exploring new verticals like healthcare. Their forward-thinking approach ensures they stay ahead of the curve, providing comprehensive solutions tailored to new industries. Discover how they are leading the charge in market expansion. 🚀🏥 Get insights on market expansion and innovation! Subscribe to our newsletter. 1️⃣ Exploring new verticals. 2️⃣ Innovative solutions for new markets. 3️⃣ Focus on the healthcare industry. Lynn Dufrane’s vision for CheckAlt includes entering new markets and providing tailored solutions. Her insights into the healthcare sector highlight the potential for financial institutions to innovate and expand. Learn more about their strategic approach in this episode! Subscribe to our newsletter for more insights: https://lnkd.in/gxWii4dR Fintech Confidential Leaders One on One Series #CheckAlt #innovation #paymentportal #paperlockbox #billpaycheck #financialsolutions #healthcarefinance #fintechpartnerships #financialinstitutions #holisticapproach #newbusiness #financialstrategies #paymentprocessing #financialtechnology #comprehensiveofferings #finserv #fintechsolutions #financialservices #businessverticals #healthcareindustry #fintechhealthcare #businessinnovation #marketentry #industrytrends #financialexpansion Tedd Huff DD3 Media Fintech Confidential

Srikanth Subramanian recently spoke at the Business Standard BFSI Summit on the Tech roadmap for the fintech industry. At Angel One Wealth, building a strong Digital Quotient is not only an imperative —it's what we aim to make our unique differentiator, to complement our domain expertise. Here’s how we are strategically embedding in technology within our wealth management services: - In-House Technology Stack By developing our own tech stack, we have a comprehensive view of a client’s journey and end to end control of back-end operations. It also empowers us to try new innovations as we look at scaling wealth management to emerging HNIs and across new geographies. - Technology-Enhanced Support Our model is tech-assisted for relationship managers and tech-enabled for clients, ensuring that our resources are not only efficient but also capable of delivering exceptional service quality. - Automated Intelligence, Not Artificial Intelligence We focus on automating intelligence enabling Relationship Managers (RMs) to handle a larger client base efficiently. This approach boosts productivity, facilitates intelligent conversations based on market insights, and adds real value to client interactions. - Building Trust for a New Era Technology is at the core of how we build trust in today’s digital-first world, providing our clients with a seamless and reliable experience. #BS50 #fintech #technology #innovation

The Digital Fifth's Report on “𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐈𝐧𝐝𝐢𝐚𝐧 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐌𝐚𝐫𝐤𝐞𝐭” in collaboration with Chiratae Ventures Download now: https://lnkd.in/dgX7Wgw3 𝐖𝐡𝐨 𝐚𝐫𝐞 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐅𝐢𝐧𝐭𝐞𝐜𝐡? Enterprise Fintechs comprise both front-end, Middleware, and back-end software deployed and used across the BFSI sector. They streamline journeys, and operations, improve customer engagement, automate workflows, and enhance efficiency for enterprises/banks/NBFCs, etc. As Indian banking and financial segments have been marching with digital transformation and innovation, the role of incumbent software players and emerging new breeds of innovative platforms have largely been instrumental in the digital drive of this industry. 𝐎𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: This report aims to unlock the massive opportunity that Fintechs are expected to tap into in the Enterprise and B2B segments (SME Lending and SME Neobanking) 𝐖𝐡𝐚𝐭 𝐝𝐨𝐞𝐬 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐜𝐨𝐯𝐞𝐫: - Current market state, growth drivers, innovation brewing, and disruptions. - Future trends, future outlook, market synergies, and investment opportunities. - Upcoming themes at a sub-segment level breakdown across BankingTech, LendingTech, PaymentsTech, RegTech, WealthTech and InsureTech - Insights from First-hand interviews of 25+ market leaders. - Deep dive into funding, M&A, Government regulations, DPI, and market initiatives. - Multiple Case studies and strategies to adopt from key players You can find the report on the below link: https://lnkd.in/dgX7Wgw3 Sameer Singh Jaini Sreekant Rudrabhatla Vikrant Kulkarni Deepak Sai #report #fintech #bankingtech #trends #digital #wealthtech #insuretech #lendingtech #india #software

The Future of Fintech 2024 Report Official Link: https://lnkd.in/dpGBARih The latest report from SVB highlights a transformative era in fintech, driven by GenAI and evolving regulatory landscapes. Key takeaways include: - #GenAI's Impact: AI is reshaping value creation in fintech, with legacy corporations enhancing efficiencies and new entrants developing innovative solutions. - Regulatory Challenges: Increased scrutiny and compliance requirements are reshaping the operational landscape for fintech organizations, emphasizing the need for robust compliance frameworks. - Investment Trends: #VC funding for fintech has extensively declined, moving from huge mega-deals to more targeted investments, reflecting a cautious approach in today's market. - Customer Focus: Companies are pivoting towards value-driven offerings to tackle rising customer acquisition costs and improve profitability. As we navigate these changes, the potential for hyper-customized #financial services and the expansion of open #banking remains compelling. The future of fintech is indeed bright, but adaptation is crucial. Sam Boboev Arjun Vir Singh Nicolas Pinto Saleh ALhammad Maximilian Salomon David Jimenez Maireles Prasanna Lohar #fintech #AI #investment #regulations #openbanking #SVBReport

📈 The growth of fintech is in the spotlight! Check out our new infographic summarizing key data and trends from the HDIW video featuring Drew Propson, Head of Technology and Innovation in Financial Services at the World Economic Forum. 💠 Key points from the video: Increase in fintech investments: - $40 billion invested in 2023. - Demonstrates resilience and growth potential. Competitive and collaborative role: - Fintech companies are partnering with traditional banks. - Improving customer service and driving innovation. Inclusivity of the customer base: - 40% of fintech users come from underserved demographic groups. - Fintech promotes financial inclusion. Post-pandemic growth: - Over 50% growth in acquiring new customers. - Exceeds expectations of a post-pandemic slowdown. Gaps in education: - Financial literacy and digital education are key areas for improvement. Regulatory satisfaction: - 63% of fintech companies are satisfied with the current regulatory environment. - Clarity needed in registration and compliance processes. Challenges in compliance: - Complexity and costs can be burdensome. - Need for streamlined processes. 📽️ For more information, watch the video: https://lnkd.in/dQMy2gV8 #Fintech #FINAS #growth #HDIW #Innovation #InclusiveFinance #FinancialLiteracy Source of information: World Economic Forum

In the rapidly evolving world of financial services, innovation and seamless integration are more crucial than ever. MagicAPI’s Internal API Marketplace offers financial services firms, banking fintechs, and related enterprises a powerful tool to meet growing API management demands, delivering security, scalability, and extensive integration capabilities. 🚀 💡 Why MagicAPI? - **Innovation**: Our platform fosters collaboration by providing a secure, compliant space for sharing and accessing APIs, breaking down silos and driving new product development. - **Speed**: A 2024 Gartner report states effective API management reduces time-to-market by up to 35%. MagicAPI accelerates your innovation pace. - **Security**: Incorporating industry-leading protocols, MagicAPI ensures regulatory compliance and robust security, reducing the risk of breaches. - **Efficiency**: Optimize resource utilization with real-time usage monitoring, advanced analytics, and performance optimization tools. - **Data-Driven**: Leverage advanced analytics tailored for financial services to enhance decision-making and strategic planning. Transform your operation, reduce costs, and drive rapid growth with MagicAPI’s Internal API Marketplace. Unleash your enterprise's potential: visit MagicAPI.com. #fintech #innovation #APIManagement #DigitalTransformation #Growth #MagicAPI #finance #enterprise #api #magicapi Read the full article at: https://lnkd.in/dY5Tq63G

📈 The growth of fintech is in the spotlight! Check out our new infographic summarizing key data and trends from the HDIW video featuring Drew Propson, Head of Technology and Innovation in Financial Services at the World Economic Forum. 💠 Key points from the video: Increase in fintech investments: - $40 billion invested in 2023. - Demonstrates resilience and growth potential. Competitive and collaborative role: - Fintech companies are partnering with traditional banks. - Improving customer service and driving innovation. Inclusivity of the customer base: - 40% of fintech users come from underserved demographic groups. - Fintech promotes financial inclusion. Post-pandemic growth: - Over 50% growth in acquiring new customers. - Exceeds expectations of a post-pandemic slowdown. Gaps in education: - Financial literacy and digital education are key areas for improvement. Regulatory satisfaction: - 63% of fintech companies are satisfied with the current regulatory environment. - Clarity needed in registration and compliance processes. Challenges in compliance: - Complexity and costs can be burdensome. - Need for streamlined processes. 📽️ For more information, watch the video:  https://lnkd.in/dQMy2gV8 #Fintech #FINAS #HDIW #Innovation #InclusiveFinance #FinancialLiteracy Source of information: World Economic Forum

"Bold goals drive better outcomes—you can’t live in the land of increments." - Ryan Brosnahan We’re still here at the Hilton Sydney for #DigitalEdge. Ryan Brosnahan, Chief Transformation Officer at Bendigo and Adelaide Bank, joined Byron Connolly, ADAPT’s Head of Programs and Value Engagement, on stage to share key lessons from Bendigo’s bold digital transformation journey. Here are some of our key takeaways from their conversation: 🔄 𝐂𝐡𝐚𝐫𝐭𝐢𝐧𝐠 𝐁𝐞𝐧𝐝𝐢𝐠𝐨 𝐁𝐚𝐧𝐤’𝐬 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 Ryan talked about how Bendigo Bank faced a complex challenge after years of acquisitions left it with eight banks and 14 brands, each operating independently.  This fragmented structure became unsustainable with rising regulatory demands and customer expectations. To address these challenges, Bendigo implemented a three-part transformation strategy: ▪ 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Consolidated eight banks into one, standardising brands, operations, policies, and technology ▪ 𝐌𝐨𝐝𝐞𝐫𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧: Moved to cloud-based infrastructure, adopting microservices and API-driven architectures ▪ 𝐃𝐢𝐠𝐢𝐭𝐢𝐬𝐚𝐭𝐢𝐨𝐧: Improved customer journeys and launched a digital neobank, Up, for real-time customer feedback By pursuing these changes in parallel, Bendigo set bold goals, such as reaching 2.5 million customers, driving innovation and rapid progress. ⚙️ 𝐀𝐈 𝐝𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 He also discussed Bendigo’s use of Generative AI (GenAI) to rewrite application code and migrate legacy systems to the cloud.  He cautioned against using AI as a "solution looking for a problem" and stressed the importance of targeting its use where it adds real value. 🔑 𝐃𝐚𝐭𝐚 𝐟𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐭𝐞𝐜𝐡 𝐝𝐞𝐛𝐭 Ryan emphasised the need for clean, trustworthy data when managing legacy systems.  He noted that while tech debt has been reduced, it remains an evolving challenge that requires transparency and ongoing management. 💼 𝐂𝐮𝐥𝐭𝐮𝐫𝐚𝐥 𝐚𝐧𝐝 𝐩𝐞𝐨𝐩𝐥𝐞 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 Ryan addressed the cultural challenges that arose from integrating multiple acquired banks.  Disrupting technology and processes helped create urgency for change, while shared KPIs and building trust across diverse teams were key to driving the transformation forward. Stay tuned for more updates from #DigitalEdge. #DigitalTransformation #AIInnovation #CustomerCentricity #OperationalExcellence #TechModernisation