All posts tagged "Banking Transformation"
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335Fintech NewsHow Fintech Platforms Are Enabling Banking Transformation
A mid-sized bank in the Philippines needs to launch a digital savings account within six months. Building the required infrastructure internally would...
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271Fintech News
Why Banking Innovation Is Accelerating Worldwide
A bank in Nigeria launches a USSD-based savings product that allows customers to open accounts using basic feature phones. A bank in...
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264Fintech News
How Digital Banks Are Improving Financial Services Efficiency
Monzo reported a pre-tax profit of £113.9 million in 2025 while serving 12 million customers with no branch network, no legacy core...
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245Fintech News
Why Banking Infrastructure Is Being Rebuilt by Fintech
A core banking system at a top-20 European bank runs on COBOL, a programming language created in 1959. The system processes millions...
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246Fintech News
How Technology Is Changing the Way Banks Operate
A wire transfer between two banks in the same city still takes a full business day at most traditional institutions. The customer...
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229Fintech News
Why Fintech-Powered Banks Are Expanding Rapidly
Chime, a fintech-powered bank that holds no banking charter of its own, reported 22 million active accounts at the end of 2024,...
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222Fintech News
Why Fintech-Powered Banks Are Expanding Rapidly
Revolut added 12 million customers in 2024 alone, bringing its total to 50 million across 38 markets. Nubank crossed 100 million accounts...
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215Fintech News
How Fintech Is Helping Banks Modernise
In 2022, Standard Chartered needed a digital-only bank for the Hong Kong market. Rather than spend three to five years rebuilding its...
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182Fintech News
Why Fintech Is Leading Banking Transformation
When ING Group decided to rebuild its retail banking platform in 2018, it did not hire IBM or Accenture. It partnered with...
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181Fintech News
Why Fintech Is Driving Banking Evolution
In 2014, Jamie Dimon, CEO of JPMorgan Chase, wrote in his annual shareholder letter that Silicon Valley was coming to eat banking’s...
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172Fintech News
Why Technology Is Transforming Banking Operations
HSBC’s global payments division processes approximately 4.5 million transactions per day. In 2019, a single compliance check on a cross-border payment required...
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130Fintech News
How Fintech Is Reinventing the Banking Model
For 400 years, banking worked on a simple model: take deposits, lend money, charge the borrower more than you pay the depositor,...
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164Fintech News
Why Banking Innovation Is Accelerating
JPMorgan Chase spent $17.1 billion on technology in 2024. That figure, larger than the annual revenue of most fintech companies, represents a...
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253Fintech News
How Digital Banks Are Transforming Consumer Banking
Digital banks held approximately 8% of global retail banking deposits in 2025, up from less than 2% in 2019, according to a...
