10 most popular ERP systems used in the banking industry
Banking involves its own typical set of technical prerequisites, operational challenges, complex data volumes, and security concerns to mention a few. The ERP software is no less than a one…
Tag: Banking
How is deep learning being used in the banking industry?
Added to the many challenges banks face is the extraordinary amount of data that banks deal with. This includes both, data from within the organization as well as the World…
It’s instant payment or bust in banking!
The rapid growth of innovations, and the coming together of several factors technological, demographic, and economic in nature is causing a state of flux in the payments market. This, coupled…
The Long Tail in Banking
This is given the multiple players we have in the banking sector today. Moreover, banking is a sector that thrives on profit making. Thus spending exorbitantly on sales and marketing…
New banking technologies being used by currency companies in 2016
Change is the only constant’. These words of the Greek philosopher Heraclitus could not have been truer but in this age of information. Innovation is the key to excellence. Skype…
Why do banks still use mainframes?
Well interestingly enough, mainframes don’t seem to be going out of the picture anytime soon. Ever since the launch of IBM’s first mainframe range in 1964, System/360, mainframes have never…
Outsourcing International Payments
However, international payments involve various unique complexities, such as: the geographical distance between the parties, different time zones and currencies, complex processes to handle international payments, large teams working largely…