Building societies have a storied history, originating in 1775 when Richard Ketley, the landlord of the Golden Cross Inn in Birmingham, founded the UK's first building society. These institutions were initially created to help working-class individuals save for homeownership. Over time, they
In the rapidly evolving landscape of business operations, data automation has emerged as a game-changer, particularly within the realm of Revenue Operations (RevOps). The sixth annual Data-Driven RevOps Awards, also known as the Driver Awards, recently celebrated the innovative strides made by
Banking-as-a-Service (BaaS) is undergoing a significant transformation, entering what industry insiders are calling a "responsible era." Over the past two years, the sector has experienced a dramatic decline in investor interest, falling from $1.9 billion in investments in 2021 to merely
In an era where technological advancements are reshaping every aspect of the financial sector, IBC Bank has embarked on a groundbreaking journey to revolutionize its commercial lending operations. Through a strategic partnership with Finanta, a leading financial technology solutions company, IBC
In the 2024 United States presidential election, the crypto market is likely to experience significant fluctuations due to the varying policy stances of the candidates. A closely contested race between Vice President Kamala Harris and former President Donald Trump has sparked intense speculation
In today's digital economy, the importance of robust cybersecurity measures cannot be overstated, especially for small businesses and fintech companies. As digital payments become more prevalent, these entities are increasingly targeted by cybercriminals who view them as easy prey due to their
Tokenization is emerging as a potential game-changer in the global financial system, promising to revolutionize how we store, transfer, and manage value. This innovative process involves converting ownership rights of various assets into digital tokens that reside on a blockchain. As financial
The financial sector's potential embrace of tokenization hinges on its proven ability to deliver value and tangible benefits through demonstrated use cases. James Wallis of Ripple points out that while financial institutions are exploring real-world asset (RWA) tokenization, widespread
The introduction of automated Corporate Digital Identity (CDI) systems is transforming how banks handle the onboarding of corporate clients, addressing longstanding challenges posed by manual processes. CDI systems stand at the forefront of this revolution by automating key tasks such as identity
In a significant stride towards revolutionizing the e-commerce landscape in Latin America, Getnet, the merchant payment solutions division of Santander, has unveiled Getnet SEP, a groundbreaking unified e-commerce payment system. Developed by Getnet Technology & Operations, this sophisticated
