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The Role of Digitalization in Global Transaction Banking (GTB)_Profinch

The Role of Digitalization in Global Transaction Banking (GTB)

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The Role of Digitalization in Global Transaction Banking (GTB) Table of content Introduction Digital Channels: The Backbone of Modern GTB​ Enhancing Customer Experience​ Group Customer ​ Support for Mergers and Acquisitions​ Access based on entitlement​ Unique UI/UX Experience ​ Extensibility​ Multi Entity Support ​ Payment Tracker/Trade Tracker ​ Conclusion Introduction Digitalization has become a fundamental …

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Infrastructure for Financial Institutions

Investing in Growth: Robust Technology Infrastructure for Financial Institutions

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Investing in Growth: Robust Technology Infrastructure for Financial Institutions Table of content Introduction Always up and running Cost Savings: The Need at Every Hour Efficiency: Streamlining Operations and Empowering Employees Gaining An Edge Over Competition: The Need For Speed A spend vs. an investment approach Introduction The online space is flooded with discussions on AI/ML and its impact on the future and on …

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Diving into 2025 and the future of Insurtech @ Profinch

Diving into 2025 and the future of Insurtech

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Diving into 2025 and the future of Insurtech Table of content Introduction Artificial Intelligence and Machine Learning​ Internet of Things (IoT) and Telematics Blockchain Technology Cybersecurity Cloud Computing Compliance The Legacy Bottleneck Conclusion Introduction The insurance industry is going through a transformational change, and the change has seen an acceleration since Covid-19. All of a …

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Banking in 2025: What to expect?

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Banking in 2025: What to expect? Table of content Introduction Experience, Experience, and Experience AI and conversational AI gaining momentum Growth opportunities through new and quickly deployable products Looking at data in a new way  Digital Trust, Financial Risk, and Compliance. Conclusion Introduction The world is changing and changing fast. While there are geopolitical implications …

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Key Challenges in Financial Risk and Compliance Implementation in BFSI

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Key Challenges and Strategic Recommendations for Implementing Financial Risk and Compliance Solutions in BFSI Table of content Introduction Key Challenges in Financial Risk and Compliance Implementation in BFSI Adapting to Evolving Regulations Data Management and Privacy Compliance Rapid Technological Advancements Shifting Risk Landscape Operational Efficiency and Resource Management Proactive Strategies for Effective Financial Risk and …

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Core Banking Modernization: Strategies for Upgrading Legacy Systems and Implementing FLEXCUBE 14.0

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Core Banking Modernization: Strategies for Upgrading Legacy Systems and Implementing FLEXCUBE 14.0 Table of content Introduction What is a Legacy Core Banking System? Challenges of Legacy Core Banking Systems Lack of Documentation Inefficiency in Legacy Banking Operations Talent Scarcity in Legacy System Maintenance Security Risks in Legacy Core Banking Integration and Data Inconsistency Issues Key …

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Transform Top 5 Banking Processes with Generative AI

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Transform Top 5 Banking Processes with Generative AI Table of content Transform Banking Operations with Generative AI Understanding the Mechanism of Generative AI Refined Credit Risk Assessment Personalized Financial Services Streamlined Onboarding Procedures Proactive Fraud Detection and Prevention Regulatory Compliance Automation The Power of Personalization Beyond Process Optimization Navigating Challenges and Considerations Conclusion Generative AI, an …

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Data Challenges in Regulatory Reporting

Data Challenges in Regulatory Reporting

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Data Challenges in Regulatory Reporting There are numerous challenges in preparing regulatory reports demonstrating a financial organisation’s compliance with regulations. The foremost of all challenges faced by a financial organisation is securing the right data that is required for preparing such reports.Let us look at the main data challenges in the preparation of regulatory reports …

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Future of Regulatory Reporting with Technology advancements

Future of Regulatory Reporting with Technology advancements

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Future of Regulatory Reporting with Technology advancements Table of content Differences between regulatory reporting and MIS or BI reporting Bank’s perspective Data Infrastructure Thinning line between data, digital, and regulatory reporting Data platform: The platform should enable a bank to Digital platform: The platform should enable a bank to Regulatory Reporting Platform: The platform should …

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Automated BSP FRP Reporting API

12 Common Mistakes to Avoid While Preparing and Filing BSP FRP Reports in the Philippines

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12 Common Mistakes to Avoid While Preparing and Filing BSP FRP Reports in the Philippines Table of content Inconsistent and inaccurate reporting Lack of documentation Incorrect mapping of data Lack of transparency Insufficient validations Inaccurate interpretation of the regulation Inefficient data infrastructure Adhoc changes in response to regulatory changes Unauthorised Report Submissions Uncontrolled manual adjustments …

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