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

Read More

Malaysia’s Silverlake Axis Partners Finastra to Bolster Its Trade Finance Solutions

Silverlake Axis, an ASEAN core banking solutions provider headquartered in Malaysia, announced that it has entered into an agreement with Finastra, a global provider of financial software applications and marketplaces. Under the deal, Silverlake will be able to offer Finastra’s

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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 –

Read More

DBS Ex-Chief Innovation Officer Neal Cross Recounts His Journey from Banker to Entrepreneur

In just two years of commercial operation, Australian wealthtech startup PictureWealth has grown to more than AUD$2 billion in funds under advice, annualized revenues of AUD$20 million, and a client base of over 40,000 customers. This year only, the fast-growing

Read More

How Will Virtual Banks Shape the Way Malaysians Bank

As consumers behaviors shift to becoming increasingly digital, the financial services industry is forced to cater to changing nature of its customers. Regulators are also taking notice of the shift and gaps within the system and as a result, started

Read More