Tagged: digital transformation

November 18, 2025 @ 3:40 pm By Omar Faridi  |  

Artificial intelligence (AI) is now becoming a key driver in accounting and is also said to be noticeably changing processes. Over half of companies (53 percent) currently use AI in this area or are “in the process of implementing it.” This is shown by the… Read More

November 2, 2025 @ 11:53 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) has recently announced “record-breaking” adoption of its AI-powered CashPro Chat and transaction search capabilities as corporate clients “increasingly turn to real-time insights” as well as operational efficiency in treasury management. CashPro is described as the banking platform used by companies… Read More

October 28, 2025 @ 10:35 pm By Omar Faridi  |  

ClearBank, the technology-powered clearing bank, announced that it has signed a framework agreement with a subsidiary of Circle Internet Group, Inc. (NYSE: CRCL), a financial technology firm and stablecoin market participant, to collaborate on a various initiatives in the European market. At first, this collab… Read More

October 28, 2025 @ 2:04 am By Omar Faridi  |  

KPMG noted that the overall sentiment in German boardrooms continues to get worse: around 72 percent of CEOs in the leading European economy still expect growth for their firm in the next 3 years – which is a low compared to 77 percent reported in… Read More

October 26, 2025 @ 9:43 pm By Omar Faridi  |  

The insurance sector is said to be undergoing a significant transformation. KPMG Ireland noted that as market dynamics continue to shift and new challenges present themselves, insurance industry professionals are under mounting pressure to improve agility, boost operational efficiency, and provide considerable cost reductions. KPMG… Read More

October 23, 2025 @ 6:41 pm By Omar Faridi  |  

Accenture (NYSE: ACN) has recently announced an expansion of its collaboration with Amazon Web Services (AWS) to deliver transformative digital services to public sector, defense and national security organizations. Via the Accenture AWS Business Group, the firms will now collaborate to create solutions that use… Read More

September 24, 2025 @ 9:00 am By Omar Faridi  |  

The London Stock Exchange Group (LSEG) has been focused on positioning itself at the forefront of digital transformation. Over the past week, the company unveiled several new initiatives: a collaboration with Databricks to streamline AI-driven analytics and the debut of a blockchain-powered infrastructure for private… Read More

September 4, 2025 @ 10:44 pm By Omar Faridi  |  

Qatar Development Bank (QDB) has positioned itself as a key player in digital banking by modernizing its IT infrastructure through a partnership with IBM. Established back in 1997, QDB is considered to be a key part of Qatar’s economic diversification, dedicated to empowering small and… Read More

August 29, 2025 @ 3:22 pm By Omar Faridi  |  

In an increasingly digital environment, cyber threats are evolving at an alarming pace, targeting vulnerabilities across platforms and regions. Kaspersky, a global enabler of cybersecurity, has recently released reports highlighting a surge in exploits affecting Linux and Windows users, the resurgence of the Russian-speaking ransomware… Read More

August 28, 2025 @ 10:25 pm By Omar Faridi  |  

In a move to strengthen its position as a global enabler of digital transformation and artificial intelligence, Accenture (NYSE: ACN) announced two significant acquisitions: NeuraFlash, a Salesforce and generative AI consulting firm, and SI&C Co., Ltd., a Tokyo-based provider of advanced digital technology and consulting… Read More

August 28, 2025 @ 12:47 pm By Omar Faridi  |  

Bank of Ireland has recently announced a series of initiatives that underscore its commitment to sustainability, fraud prevention, and adapting to modern banking trends. These updates reflect the bank’s strategic focus on supporting green initiatives, combating financial crime, and aligning with changing consumer behaviors. From… Read More

August 24, 2025 @ 11:55 am By Omar Faridi  |  

Canada’s payment ecosystem is undergoing a significant shift, driven by Payments Canada’s ongoing modernization efforts. At the core of this transformation is the Real-Time Rail (RTR), a new national payment infrastructure set to enable instantaneous, data-rich transactions 24/7. Coupled with the adoption of the ISO… Read More

July 21, 2025 @ 11:01 am By Omar Faridi  |  

In an era where digital transformation drives economic and technological breakthroughs, the question of where the world’s most qualified web and tech talent will gravitate is becoming critical. A report from Boston Consulting Group (BCG) dives into the global competition for highly skilled digital professionals,… Read More

June 27, 2025 @ 8:31 am By Omar Faridi  |  

Innovation Norway has selected Knowit and Mambu to modernise its core banking platform, marking a significant milestone in the digital transformation of public financial services. The solution, powered by Mambu’s cloud-native technology and seamlessly integrated “into the Norwegian financial systems by Knowit, will optimize Innovation Norway’s loan, grant, and guarantee… Read More

May 22, 2025 @ 6:18 pm By Omar Faridi  |  

IBM (NYSE: IBM) announces its collaboration with Pan Asia Banking Corporation PLC of Sri Lanka to modernize the bank’s digital infrastructure and deliver faster, more secure banking services across Sri Lanka. Banks in Sri Lanka are undergoing transformations to meet “the needs of new and… Read More

May 16, 2025 @ 5:41 pm By Omar Faridi  |  

UniCredit, the pan-European commercial bank, and Google Cloud  announced the signing of an MoU outlining a 10-year agreement to accelerate UniCredit’s digital transformation. This collaboration will see UniCredit draw on Google Cloud’s best-in-class infrastructure, AI, and data analytics solutions to “streamline its digital architecture and… Read More

April 17, 2025 @ 3:51 pm By Omar Faridi  |  

nCino, Inc. (NASDAQ: NCNO), the provider of intelligent, best-in-class banking solutions, announced that Zions Bancorporation has selected nCino as its technology platform as they “digitally transform their loan origination process.” Zions Bancorporation is a collection of “locally led and community-focused banks serving businesses, households and… Read More

March 28, 2025 @ 11:21 am By Omar Faridi  |  

Backbase, the engagement banking provider, announces Tirana Bank has chosen its Engagement Banking Platform to power an ambitious digital transformation that will aim to “reshape banking experiences for their new and existing customers.” The partnership represents Tirana Bank’s “largest-ever” technology investment, surpassing previous “core banking… Read More

March 25, 2025 @ 8:04 am By Omar Faridi  |  

Ever faced frustrating wait times with your bank’s customer service or wished for 24/7, personalized financial support? The solution lies in the next innovative wave: Agentic AI. Agentic AI represents a leap in technology—an autonomous system that not only sets goals but also analyzes, decides,… Read More

March 16, 2025 @ 5:27 pm By Omar Faridi  |  

The global financial ecosystem is undergoing a significant shift as digital payments continue to gain momentum, reshaping how individuals and businesses transact worldwide. This, according to multiple reports covering the latest developments in the Fintech and payments sector. Recent reports underscore this transformative trend, projecting… Read More