Banking & Retail

The financial services industry is undergoing a structural revolution as traditional banks abandon monolithic legacy systems in favor of agile, cloud-native architectures. This shift allows for the rapid deployment of innovative fintech services, real-time payment processing, and a level of scalability that ensures established institutions can compete effectively in a fast-moving digital-first economy.

Telecom networks are revolutionizing financial accessibility by seamlessly integrating banking, lending, payments, and insurance directly into digital platforms. Discover how APIs, real-time connectivity, and automation enable telecom-driven embedded finance to reshape customer journeys.

Absa Group announced a strategic collaboration with Amazon Web Services (AWS) to accelerate its cloud migration journey. The collaboration is an important milestone toward Absa's long-term digital strategy, which involves delivering more agile, secure, and customer-focused financial services in...

Switzerland-based banking software firm Temenos has partnered with Microsoft to offer its financial crime mitigation (FCM) SaaS solution for banks. The partnership will provide banks with access to its AI-powered solution to protect both customers and the organisation from the...

Banco Santander and Telefónica have reached an agreement to launch a joint innovation project on 5G technology applied to the banking sector. They have developed a first 5G experience around three use cases that customers can enjoy at two...

There is no shortage of FinTechs in the consumer market. From challenger banks, to remittance specialists, to P2P lenders, banks have undoubtedly lost customers to their more agile counterparts – who often focus on providing just one facet of...

ABN AMRO and a number of other European banks will be able to enjoy superfast transfers between the participating banks. This system, known as ‘instant payments’, means it will take just a few seconds for money transferred from an...