profinch

Author name: Niranjan

Financial Crimes and Compliance: A Comprehensive Guide

Financial Crimes and Compliance: A Comprehensive Guide Table of content What are the types of Financial Crimes? What is Financial Crime Compliance? Oracle Financial Crime Compliance Management Profinch: Your Preferred FCCM Partner With the growth of technology and globalization, financial crime has become a growing concern for banking and fintech institutions. Over the years, financial …

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History of Banking

History of Banking Table of content How did banking start? What is the barter system? What is a Gift Economy? What Changed in the Banking Industry During the Early 20th Century? How did the Great Depression affect the banking industry? How did globalization and deregulation impact the banking industry? The impact of globalization on the …

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IoT and its significance in Financial Services Industry

IoT and its significance in Financial Services Industry The Internet of Things (IoT) is bringing in the next industrial revolution and drastically transforming how we live and experience technology today. IoT technology has a positive impact on Fintech companies and banks’ work. Banking is becoming more convenient thanks to the Internet and many connected devices. …

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Customer Experience: The Key to Digital Banking Success

Customer Experience: The Key To Digital Banking Success Context Digital banks are proliferating as mobile technology becomes increasingly prevalent. What factors do customers care about most? The customer experience. Yes, you hear it right! The customer experience is the key to digital banking success. Digital banking customers are becoming more demanding, with expectations that their …

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Open Banking – Collaboration Is The Key

Open Banking – Collaboration Is The Key Earlier in the Banking industry, customer data and transactions information was available only to the respective banks. With the advent of digitization, Open Banking, and the presence of IoT and machine learning, customer and their transactional information are available for viewing by multiple stakeholders in the banking ecosystem. …

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Unlocking The Potential Of Regulatory Reporting In Australia (APRA) Through Digitisation

Unlocking The Potential Of Regulatory Reporting In Australia (APRA) Through Digitisation What is Regulatory reporting? Regulatory reporting is the submission of information and data to the regulatory authority of the country to demonstrate compliance with necessary regulatory provisions. In simpler terms, it is a process that businesses and individuals must continually go through to show …

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Automation is not the final stop. For an invisible bank, autonomous is the next step

Automation is not the final stop. For an invisible bank, autonomous is the next step

Automation Is Not The Final Stop. For An Invisible Bank, Autonomous Is The Next Step Author: Vinith Basani, Solutions Consultant, Profinch Solutions HOW THINGS ARE “Banking is necessary but, banks are not” –  is a heavily used, timely quote, and it is where I see the trend going. The world of INTERNET has brought in a …

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Atumverse: Integrated Data and Digital Cloud Ready Platform

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