Blog - Page 23

Think about all the content that surrounds us daily. People and their devices create an enormous data infrastructure that is growing exponentially over the years. Where will it take us, and how do we derive value from the information flow?   The biggest complication is that data can’t explain itself. It is basically useless without an expert who understands it. At...

You’ve seen it yourself – technologies transform literally every industry, changing markets and customer expectations. What do banks and FIs have to do in such circumstances? They surely need to keep up with innovations.  Let’s look at the numbers. According to PwS, 81% of banking CEOs have concerns about the speed of tech changes. At the same time, workflow optimization, pandemic trends, and high security...

“We should remember that good fortune often happens when opportunity meets with preparation.” – Thomas A. Edison. I know how it feels when you’re excited about a new software project. You’ve lived with this idea for some time, and now you’re eager to start. Taking more time for preparation sounds crazy, right? But it’s a proven way to lay a...

People buy books, clothes, groceries – pretty much anything – sitting on a couch with their smartphones. What could be more convenient? No one will settle for less. Statista has prepared some staggering numbers to prove that. The part of m-commerce in e-commerce retail is expected to reach 72.9% in 2021 compared to 58.9% in 2017. Such a massive growth...

These days, it’s hard to imagine someone collecting their receipts to control daily spending. Saving money is an investment into a better future, but who wants to make much effort? Money-saving apps can balance it out.  Mobile solutions are always at hand to help manage spending and illustrate it with graphs and reports. On the one hand, it’s a no-brainer for...

“Ignoring technological change in a financial system based upon technology is like a mouse starving to death because someone moved their cheese.” – Chris Skinner, fintech expert and author of Digital Bank and its sequel, ValueWeb.  It’s no secret that fintech is a pioneer in adopting innovative technologies. While artificial intelligence is something alien for many industries, the market for AI in fintech...