Tag "Finastra"
BaaS Needs to Double Down on Cross-Industry Partnerships to Fuel Growth
Banking as a Service (BaaS) is seen as one of the biggest opportunities in financial services and is experiencing rapid growth in APAC. Indeed, almost 9 out of 10 APAC executives surveyed by Finastra said they had already implemented BaaS
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SME Lending in APAC Is the Major Opportunity for Banking-as-a-Service
Opportunities are endless with Banking-as-a-Service (BaaS), and nowhere is this more true than in Asia Pacific (APAC). Banks in the region, particularly in hubs like Singapore and Hong Kong, have embraced and become leaders in open banking, automated services, ever-improving
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At the Cusp of a BaaS Revolution, Here Are Some of the Challenges
The future of finance is open, and the rise of Banking-as-a-Service (BaaS) means this future is closer than ever. The BaaS industry is quickly maturing, with 88% of senior APAC executives – in industries from banking and technology to healthcare
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Why Brands, Bigtechs, Fintechs and Banks Are All Taking Notice of Banking as a Service
The Asia Pacific region is leading the way in a revolution that is changing the way consumers interact with financial services. Banking as a Service (BaaS) has been spreading rapidly over the last couple of years, enabling brands to offer
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Banking Consumers Want Financial Empowerment, Not Just Apps
Consumers don’t just want shiny apps and digital banking, they want to feel that their bank is a partner who can help them reach financial empowerment. That is the finding of a new ethnographic study by Finastra, which has gone
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Building a Bank in 100 Days
COVID-19 has accelerated a trend which had already begun in many parts of APAC – the closure of branches. At the same time though, we are seeing an increasing number of new names in retail banking in the form of
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From Relationships to Platforms – the Shift in Corporate Banking
Banking has undergone a major shift in recent years thanks to the advent and advancement of digital banking technology. This shift has also been accelerated by the COVID-19 pandemic, with lending, trade finance and cash management functions all under pressure
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Platform: The Strongest Foundation for Faster Digital Transformation in Banking
The last year has brought many changes, including the large and rapid shift towards digital which has also seen banks accelerate their transition to the cloud. This shift has been a good thing, as the cloud has many benefits –
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Finastra Expands Its Reach With New Office at Cyberport Hong Kong
Finastra, London-based financial services software provider, has established an office at Cyberport in Hong Kong. Cyberport is a digital community has been in operation since 2004 with more than 1,500 companies in its network, among which nearly 400 are fintech
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Closing the Funding Gap for SMEs: Redefining Finance for Good in Asia
The wide-ranging impacts of the COVID-19 pandemic have brought many of the world’s problems into sharp focus and increased the urgency to create better outcomes for society as a whole. In Asia, a region with some of the world’s fastest
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