IBS Intelligence’s Post

What do technology providers need to succeed in banking? Check out this FF News video from #Sibos2023 with Will Moroney, Temenos Managing Director for the Middle East and Africa. Will discusses the #technology trends transforming #banking today. Watch the video here: https://lnkd.in/dVNMXvGm

As we navigate the dynamic landscape of the banking industry, the question echoing through boardrooms and financial circles alike is whether bank branch networks still hold their relevance. In Roland Berger's latest article, Saumitra Sehgal, Luca Turba and Domagoj Vlahovic delve into the evolving implications of the digital wave on the banking sector, while answering the question, "Do banks still need branch networks?" with a specific focus on the GCC region. This article discusses the changing paradigm of banking networks, the status quo of branch networks across different GCC countries, recent evolutions, future opportunities, and more. Click the link below to read the full article and join the conversation about the future of banking. 💡 Read more in the full article below: https://lnkd.in/eDum88bV #RolandBerger #DigitalTransformation #BankingInnovation #GCCFinance

📱 Emerging Trends in Digital Banking 2024: Navigating the Evolution of #neobanking From C-Innovation and Lina Guevara #fintech #piu #2024 https://lnkd.in/d-Tbe9gT

Exciting discourse at #FinacleConclave2023! Daniel Szmukler, Director at Euro Banking Association (EBA) Association, delves into the evolving digital payments landscape in corporate banking and emerging trends in Europe. Stay tuned for more insights on recomposing banking to lead the digital continuum. Follow us for live updates and be part of reshaping the future of corporate banking! #DigitalMaturity #CorporateBanking #BankingInnovation #RecomposingBanking #FinacleConclave #DigitalContinuum

Banking leaders are on the same page that banking platforms are needed to drive better 360 degree unified customer views, create data and journey re-usability, accelerate new channel and product launches and a holistic digital transformation. But in how to the strategically achieve this effectively and become leaders-of-the-pack, we are at another inflexion point with this IDC Infobrief that Backbase commissioned - the traditional way of building the platform ground-up hasn't created success; in fact, it has caused regression and underperformance. We have seen 150 banks pivoting to a better strategy with collaborative "adopt & build", and see them achieving almost a perfect score in app store ratings, launching innovative digital banking features and customer journeys within 30 days. This interview between Riddhi Dutta and Astro AWANI blew my mind to questions I had about creating breakthrough and sustainable banking transformation around the customer. Hope you enjoy the insights as much as I have. Ashish Sharma Tran Thi Diem Chi Abhijit Chavan Soumya Srinivas Chris Vanden Berghe Aileen Sanchez Trisha Yeong Natawan Tungtasana Reda Aouami Christian Baldinato Sriram Venkatesan Sekhar Kari Sumit Batra Shyam Mohan Neha Garg Neeta Verma Rajat Mehta https://lnkd.in/gYp96zit

The Backbase commissioned APAC-focused IDC InfoBrief on “Accelerating Customer-Centric Transformation to Balance Build and Buy, " has generated huge interest across Asia, including Malaysia’s national TV broadcast channel Astro AWANI. The report surfaced the root cause of ROE underperformance in digital transformation for banks in APAC and a better-placed strategy for banks to achieve their transformation goals. The 12-minute interview with Riddhi Dutta and TV anchor Nina Rozman uncovered significant insights into how banks can achieve speed, efficiency, control and freedom to achieve a sustainable digital banking transformation by harnessing a collaborative adopt & build strategy. 1. What are CIOs not seeing when building their IT solutions? 2. How would "adopt and build" help CIOs and banks in the long run? 3. Why had some incumbent banks not taken up the “adopt and build” approach? 4. Does this collaborative approach take away all the challenges to achieve a successful digital banking transformation? 5. What is Backbase’s role in helping banks achieve successful customer-centric digital transformation? 6. How can banks customize the adopted platform to help them meet unique customer needs and stay competitive? 7. On trust and efficiency, how can banking platforms address and help drive financial inclusion collaboratively? https://lnkd.in/eX-_NfYc

🌍✨ Discover the Evolution of Islamic Digital Banking! Our article unveils the latest in "Islamic Digital Banking: Features, Trends, and Design Innovations," focusing on MENA and beyond. ▶ https://lnkd.in/ex8PPX4D #IslamicDigitalBanking #DesignInnovation #ShariahCompliantDesign

Don’t miss the Sopra Banking Summit session on ‘Delivering delightful customer journeys’.  Our experts will help unravel the key strategies and trends underpinning the success of challenger banks, and what established financial institutions can learn from them.  Explore how these digital banks are prioritising customer journeys, empowering employees, boosting revenue, and exploring Open Banking to create limitless opportunities. Save your seat here 👉  https://lnkd.in/exri5tyx #SopraBankingSummit2023 #FinancialServices 

We are proud to partner with Digital Banking Asia Philippines 2024 as the Diamond Sponsor, where we'll be driving conversations on solutions that are shaping the banking landscape. Watch this space for more details. #DigitalBankingAsia2024 #BFSI #CollaberaDigital #DigitalTransformation