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Our observations show that with mobile working models, flexible working hours and digital alternatives, stability and productivity are entirely possible – in the financial world as well. The buzzword in this context is ‘new work’. In this blog post, I’d like to present in greater detail what the term actually means, how it affects banks and what the use cases that can be experienced in banking look like.

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Industries

Crypto currencies and digital payment methods have been fuelling the emergence of new trends and developments in the financial sector for several years; and they’ve gained significant impetus. Regulatory bodies are also reacting to the phenomenon by bringing order to the system. In this blog post, I’ll explain what consequences these developments have for the banking market and what the future of crypto currencies and digital assets might look like.

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Industries

03.03.2022 By Nehir Safak-Turhan

Why do banks need a sustainability strategy?

Picture Nehir Safak-Turhan

The megatrend of sustainability is the talk of the town. This topic doesn’t stop at the banking world; it will put the tried and true to the test and create something new. In my blog post, I provide a concrete explanation of what’s in store for banks.

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Industries

22.02.2022 By Tim Strohschneider

Identifying customers’ needs before they have them

Picture Tim Strohschneider

If we know what our customers will want tomorrow, we can make them the perfect offer today. Unfortunately, this is rarely successful, and products are usually just ‘dumped’ on thousands of people at a time. In my blog post, I will explain how the next-best-action approach can help banks anticipate the needs of customers and the next steps that would be best for them.

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Industries

Digital ecosystems and platforms are ushering in a new era in the development of innovative business models. In the banking market, too, the principle of platform-driven business models is gaining ground, as is exemplified by emerging concepts such as open banking and beyond banking. My blog post explains the reasons driving this shift and points out the obstacles that stand in the way of transformation.

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Industries

Whether it arrives on paper or as a PDF, vast amounts of information reach our banks via the documents they receive (digital or analogue). In order to make this information usable for further processing in digital processes, the relevant information must be read out correctly and passed on to the right place in the process. This blog post is about how we can reliably perform this process and others for our customers using text extraction.

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Industries

An efficient and flexible design of the IT systems is the basic prerequisite for high-performance banking operations. Even though the modernisation of IT is a great challenge, a benefit- and customer-oriented modernisation of the IT landscape is a mandatory prerequisite for more efficiency, customer orientation and sustainability of banks. In my blog post, I explain how core banking systems are brought up to the latest digital standards. Translated with www.DeepL.com/Translator (free version)

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