Digital Transformation

How Core Modernisation Is Paving the Way for Invisible Banking

In an era dominated by digital innovation, the banking sector is evolving rapidly to meet the modern consumer’s demands for seamless and integrated financial services. This movement towards “invisible banking” marks a departure from traditional banking practices, offering a glimpse

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Oradian Pioneers Next-Gen Financial Services with Local Flair in the Philippines

Oradian stands as an established technology partner within the Philippines’ thriving fintech landscape. For nearly a decade, this cloud-based core banking platform provider has anchored its Philippine operations in Makati, the bustling heart of Metro Manila’s financial district. Emphasizing the

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Netbank Taps Intel-Soln. Philippines to Digitally Enhance Rural Financial Services

Netbank (A Rural Bank) Inc., a provider of financial services in rural regions, has announced a strategic partnership with Intel-Soln. Philippines Inc., a firm specialising in digital transformation and the creation of learning-centric workplaces. This collaboration marks an important development

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Redefining Resilience for Banks in the Digital Era With the Four Zeros

The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations in a dynamic digital landscape. This transformation is not without its challenges, as banks grapple with the critical task of

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“Big Bang” Bank Upgrades Spell Trouble, Mambu Makes Case for Incremental Change

Core banking systems serve as the backbone of financial operations and customer interactions for banks worldwide. They facilitate critical transactions like loan management, withdrawals, and deposits in real-time. However, maintaining such a system comes at a hefty cost. Financial institutions

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How a Master of IT in Business Can Enhance Your Career

COVID-19 has upended businesses and traditional scopes of work across the world. On the flip side, the pandemic has also created new job prospects and lucrative opportunities in the face of digital change. With the rise in technological advancements further

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An Ecosystem Approach to Banking the Underbanked

Reaching Indonesia’s unbanked and underbanked population has been a long-standing challenge for banks. Hindered by numerous factors, including sociocultural diversity, low levels of financial literacy, and Indonesia’s archipelagic geography, the expansion of traditional banking channels has been cost-prohibitive. The result

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Red Hat and AWS Powers UnionBank’s Digital Transformation Journey

The Union Bank of the Philippines is using Red Hat OpenShift Service on Amazon Web Services (AWS) to accelerate its digital transformation and provide more personalised financial services to its customers. This has allowed UnionBank to migrate its mission-critical workloads

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Fintech’s Resilient Ride to Spur Digitalisation Despite Recession, Banking Crisis

The world has undergone significant changes since the onset of the pandemic, especially in the financial industry’s journey towards digitalisation. The pandemic expedited the transformation of customer interactions by three years and pushed banks’ digital offerings ahead by seven years.

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Bank Treasurers Can Be Key Players in Driving Efficiency

Before 2008, the role of the bank treasurer broadly revolved around reporting, balance sheet management and cash management. This changed when the global financial crisis saw well-established financial institutions run out of liquidity and eventually fail. Today, treasurers are increasingly

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