What happens when the backbone of global trade—cross-border money transfers—grinds to a halt under the weight of inefficiency and risk? Every day, trillions of dollars flow across borders in foreign exchange (FX) transactions, yet delays, high costs, and settlement uncertainties continue to plague
Setting the Stage for a Security Revolution In an era where digital transactions dominate global commerce, the staggering statistic that account takeover fraud cost businesses over $11 billion in 2022 alone paints a stark picture of the cybersecurity challenges facing industries today. This
What happens when technology doesn’t just support banking but completely redefines it? At Backbase Engage in London this year, the answer became crystal clear: artificial intelligence (AI) has evolved from a helpful tool to the very core of financial systems, unveiling a seismic shift that is
Setting the Stage for AI's Financial Revolution In the fast-evolving landscape of financial services, artificial intelligence (AI) has emerged as a transformative force, reshaping how institutions operate and deliver value to customers. Consider the staggering fact that AI-driven solutions are
In a world where financial innovation moves at lightning speed, October has unleashed a storm of mergers and acquisitions that could alter the very fabric of the fintech industry. Picture this: billions of dollars changing hands, banking giants consolidating power, and digital disruptors snapping
In an era where fintech companies face unprecedented challenges from cyber threats and rapid digital transformation, Finastra, a leading financial software provider, has made waves by appointing three key executives to steer its data, security, and IT operations. With the fintech sector projected
