Qorus’ Post

A New Banking Paradigm! The banking industry is undergoing a significant transformation driven by the concept of #EmbeddedFinance . This paradigm shift is led by a new generation of financial innovators who are reimagining traditional banking practices.   We have to focus on leveraging innovative architectures, new operating models, and technology to enhance the accessibility and impact of banking services for individuals and businesses. #Embeddedfinance will be a driver as a complementary part of their business strategy.  What's changing is the way clients consume banking, investment, and insurance services, accessing financial products through non-banking channels and partners. Great Job!  for this Research and Collaboration conducted by organizations like the #IBM Institute for Business Value (IBV) in collaboration with #RedHat and the Banking Industry Architecture Network (#BIAN).   #valueofcustomerdata #embeddedfinance #Customerbehavior #Ecosystembasedvalue #Digitalage #Leveragingdata #clientsneeds #bankingchannels

𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗶𝘁 𝘁𝗮𝗸𝗲 𝘁𝗼 𝗵𝗲𝗹𝗽 𝗯𝗮𝗻𝗸𝘀 𝗯𝗲𝗰𝗼𝗺𝗲 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗽𝗼𝘄𝗲𝗿𝗵𝗼𝘂𝘀𝗲𝘀? At Infosys Finacle, we've always enabled and championed banking innovation, helping banks to push the boundaries of what's possible in the industry. From staying ahead of innovation trends to fostering collaborative initiatives with our client banks and the wider FinTech ecosystem, innovation is core to our DNA. Today, we’re thrilled to announce yet another milestone in the journey of Better Innovations – an expansion of our partnership with Qorus for the 11th edition of the Banking Innovation Awards, that celebrate some of the most remarkable, effective and impactful innovations in the world of banking. Nominations are now officially open, and we invite you to showcase your bank's groundbreaking initiatives. These awards are not just about the significant recognition they offer, but also about celebrating the relentless pursuit of excellence and innovation that drives our industry forward. Here’s a quick glimpse of the categories being recognised in this year's awards: 1. Reimagining the Customer Experience 2. Core Offering Innovation 3. Business Model Transformation 4. Social, Sustainable & Responsible Banking 5. Future Workforce 6. Neobanks & Fintech Players 7. Operational Excellence 8. Transformative Innovator of the Year If your bank has a standout initiative that has pushed the envelope on banking innovation, we encourage you to submit your nominations before the deadline on June 21st. Here’s to Inspiring Better Banking for a remarkable future! 🚀 Submit your nominations here: https://okt.to/SbfEly #InspiringBetterBanking #BankingInnovationAwards2024

Joint research by London-based consultancy 11FS and Infosys/Finacle reveals that digital technologies, coupled with emerging players, are transforming the banking sector. This innovation wave has drastically enhanced service quality, intensified competition, and elevated customer expectations. The study affirms that the next generation of financial services will be shaped by this digital revolution, offering game-changing opportunities for industry challengers. Mohan N Read more: https://lnkd.in/dr-Kc4Re

Great example of how investing in digital capabilities can transform the enterprise and drive sustainable value and growth. From one-click loans to near-instant client onboarding, discover how #Accenture is assisting #BBVA to rewrite the rules of the #banking industry. https://accntu.re/3uLzWAO

Banking & Financial Services organizations act as the backbone of economies worldwide—a structure where the smallest change anywhere can cause the entire economy to collapse like a house of cards. Automation and technology integration are therefore essential parts of these ecosystems and will always be. With digital grappling the Banking & Financial Services sector for quite some time now, these organizations need to identify the ‘right direction’ along with the appropriate technology solutions to march forward. The Latin phrase "Quo Vadis" means "Where are you marching?" QVADIS, an acronym for the six technology pillars that are core to the technology foundation of every "digital first" Banking & Financial Services organization, is how we compare this in the context of Innova's Banking & Financial Services solutions. Would you like to know what QVADIS stands for? Visit https://okt.to/Fn4hu8 to read the blog. #innovasolutions #innovatech #banking #FinancialServices #DigitalTechnology

In today's dynamic landscape, real-time expectations have seeped into corporate banking. Customers demand instant solutions for payments, settlements, and real-time cash position visibility. The key lies in leveraging the cutting-edge capabilities of 10x Banking and #SunTec. Discover how these innovations are revolutionizing corporate banking: bit.ly/3qbw1LG #RealTimeBanking #Innovation

LTIMindtree, a global technology consulting and digital solutions company, has announced the integration of its subsidiaries, Syncordis and Nielsen+Partner, to establish a specialized Banking Transformation Practice (BTP). This new practice is uniquely positioned to provide comprehensive Consulting, Digital, and IT services, making use of commercial off-the-shelf (COTS) products and platforms to cater to Banks and Capital Market firms. The acquisition of Syncordis in December 2017 and Nielsen+Partner in January 2019 has led to this integration, aimed at combining the complementary capabilities of these two successful companies with a proven track record of delivering outstanding growth within the industry. Paresh Vankar, Rohit Kedia, Debashis Chatterjee, Eshan Sarpotdar, Anurag Purohit, Anthony Karakkal, Sonakshi Gupta, Deepak Khosla, Anshuman Singh CXOTVDailyNews / #CXOTVnews Read the full news article at: https://lnkd.in/es-hRSZW #banking #fintech #bfsi #bankingtransformation #partnership #transformation #business #growth #ltimindtree #itsolutions #digital #digitalsolutions #digitaltransformation #technews #technology

Banking & Financial Services organizations act as the backbone of economies worldwide—a structure where the smallest change anywhere can cause the entire economy to collapse like a house of cards. Automation and technology integration are therefore essential parts of these ecosystems and will always be. With digital grappling the Banking & Financial Services sector for quite some time now, these organizations need to identify the ‘right direction’ along with the appropriate technology solutions to march forward. The Latin phrase "Quo Vadis" means "Where are you marching?" QVADIS, an acronym for the six technology pillars that are core to the technology foundation of every "digital first" Banking & Financial Services organization, is how we compare this in the context of Innova's Banking & Financial Services solutions. Would you like to know what QVADIS stands for? Visit https://hubs.ly/Q01Zlzp50 to read the blog. #innovasolutions #innovatech #banking #FinancialServices #DigitalTechnology

At EY Central America we continue in a similar trend supporting several important banks’ IT modernization programs.

In this edition DXC Technology experts talk about fueling transformational change in the financial services industry.