In Europe, tech-savvy neobanks are wooing consumers with attractive, digital-only banking services that are highly personalized and accessible.
When it comes to modernization for Core Banking systems, what are leading banks around the world looking to transform? Banks which have legacy systems often take 12-18 months to replace the systems
Several factors are coming together to shape the future of banking in emerging markets. The COVID-19 pandemic added momentum by impacting consumer behavior and accelerating digital adoption
Cloud-based services like SaaS (Software as a Service), PaaS (Platform as a Service), IaaS (Infrastructure as a Service) and NaaS (Network as a Service) have become buzzwords in the market.
Cross-sell plays a key role for any bank to increase bottom line and increase customer stickiness. However, targeting a wrong customer repetitively can not only result in wasted resources but also an irritated customer
As digitization progresses, more and more customers are embracing digital banking. Banks who are not actively modernizing their banking are undoubtedly facing the heat.
The current market perception of BNPL hovers mostly around being just another customer-friendly payment mechanism
Over the last couple of years, BNPL- characterized by a Point-of-Sale Micro loan that can be paid later in interest-free installment - has seen an explosive growth in its demand due to a combination of forced-digital (due to the pandemic) and a move away from brick & mortar stores
Banks are aware that their legacy systems may become a constraint going ahead. A digital core is needed to keep up with all the shifts. African banks are now keenly interested in embarking on core modernisation projects to better support their current needs and enhance future-readiness
According to a recent study by Morgan Stanley, which was published in The Guardian, only 34% of UK workers have got back to the office, while many other businesses have publicly stated that they will extend the option of WFH indefinitely.
The fastest growing economy in the MENA region is fertile ground for past-compatible, future-proof banking technology. This article describes the perfect blend for scalable digital transformation.
Presenting Quantum Central Banking Solution (QCBS) – the only core banking system designed exclusively for Central Banks.
One would agree that the tide of digital disruption is here to stay now more than ever. At the center of this digital disruption is “Reimagination”.
Digital disruption has been driving banks and financial institutions to consider digital as part of their progressive modernisation strategy
How long does it take to onboard a brand-new retail banking client? Take a wild guess.
Digital has disrupted and reshaped every conceivable industry. And while banking too has been disrupted, banks still struggle to find firm footing in this fluid technological age.
Does anybody remember travel agents? What shopping felt like before Amazon? Hotels before AirBnb or cabs before Uber? Banking is no different!
Intellect was proud to be the Silver Sponsor at MoneyLIVE Summit 2019 conducted in London on 25-26th November 2019.
Despite a multitude of algorithms crunching mountains of information, there is a vital missing link in the data analytics rush.
While the benefits of a change of complete retail banking system delivering a improved banking experience
To those that live it, the speed of technological progress in this digital age is a blur. It can be overwhelming; a constant cycle of innovation and obsolescence.
For banks and financial institutions, the effort of delivering the same experience across touch points has led to a stalemate.
Nothing gets us excited like new technology. The showcase of some breakthrough, though unproven and as yet impractical, instantly aligns itself to our deepest desires. It answers to some unstated need and becomes simply irresistible.
If there is one takeaway from the disruption in the industry over the last five years, it is this – No matter what stage of maturity you are in, it is time to revisit your core. Ironically, this is the one suggestion that neither the bank nor a technology enterprise will propose.
When someone says ‘Challenger Bank’, you imagine a mobile-first legacy-killer, an upstart start-up that’s out to steal the lunch from all the traditional players in town.
What could a bank possibly offer that a FinTech cannot? At first, this was a rhetorical question. The FinTechs asked it with a grin, and the banks with a frown.
Ideas draw inspiration from so many things. Our inspiration for the Digital Core banking architecture actually came from, among other things, medical science and the human body!
Understanding Digital Aspirations - What holds back banks today? What is their biggest challenge? If we indulged in a little armchair analysis,
Sibos 2018 - Discover How Intellect Quantum Accelerates Your Central Bank's Progressive Trasformation Journey
Progressive Modernization at Reserve bank of India. Robust solution Uniquely Designed for Central Banks
Utkarsh, India's First Small Finance Bank to Accelerate Financial Inclusion
Leading Private Sector Bank in India on an Aggressive Growth Informed Decisions First Time Right
Leading Bank in Middle East bag Best Bank Award for Superior Customer Experience
Largest state owned Commercial Bank in Bangladesh Consolidates its systems with Intellect Core Banking
Leading Apex Bank in India, hosts 22 banks on a Single First Multi-entity Implementation on the cloud
Leading Middle East Bank Empowers Relationship Managers with Informed Decisions
Leading American Bank Seamlessly Consolidates 18 Legacy Systems Real Time Limits and Collateral Tracking
A Top International Trust Comapany Integrates Highly Configurable Digital System with Legacy Production Processors
Leading NBFC in Middle East, MAFF, goes fully Digital. Real Time Risk Evaluation. Credit Card Issuances in Minutes!
Accelerating financial inclusion and ecosystem transformation through legacy modernization
Second Largest Private Bank in India Delivers Improved Customer Experience Combined with Higher Productivity
"Bots" - A Bright Future Awaits You!Robotic process automation, Use cases
The Indian economy has traditionally been dominated by cash. The recent Government
Intellect invites you to booth #L51 to see our award-winning Quantum Central Banking Solution in action, with specific focus on Collateral Management, Payment and Core banking.