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Perception vs Reality: A Report on Maverick Spend
Combat maverick spend to reach a state of Procurement Utopia. Maverick spend negatively drives companies to a 10-20% loss of targeted savings. And it’s a procurement flaw that happens in plain view, leading to quality complaints, a slower buying process, and a damaged bottom line. In this survey report...
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What’s now and next for finance and procurement?
Prepare your organisation for these three Purchase-to-Pay Macrotrends. Technology, innovation, and the shifting dynamics of global trade are the three megatrends set to drastically revolutionise purchase to pay over the next two years. In this report, written by the Economist Intelligence Unit and sponsored by Basware, see how 400+...
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The First Step Towards Open Banking - Understand the Open API specification
The deadlines for Open Banking are fast approaching. The first place to start your technology journey is with your APIs. WSO2 is committed to bringing its global open banking experiences to help Australian banks in their open banking journeys. Our article explores the necessary steps you need to take for...
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Understanding the Open API specification - The First Step Towards Open Banking
Open Banking deadlines are fast approaching and understanding of your Application Programming Interface is essential. WSO2 is committed to bringing its global open banking experiences to help Australian banks in their open banking journeys. Discover the necessary steps you need to take for your APIs to meet the required specifications...
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Artificial Intelligence in Banking and Risk Management
It is real or is it hype? Any fast-emerging or highly publicised technology will always attract skeptics. Artificial Intelligence which is one of the most hyped and popular technologies in today's tech marketplace is no exception. Discover how AI can help you to reap benefits in a new age of...
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IDC - Payments Trends in Canada, 2018
This white paper identifies the initiatives that are under way today to enhance core payment processes in Canada. These changes are needed for financial and non-financial entities to offer advanced payment offerings to their clients. It also provides information on how these changes are being handled in three other countries...
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The Cognitive Bank: Redefining banks and banking
Bankers have always understood the value of information. And for better or worse, there has never been more of it than there is right now. In fact, you might think of data as the most abundant and valuable raw material in the world. But despite its inherent value, banks do...
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Today the banking industry faces a rebirth by necessity. As the digital age morphs into the cognitive era, success depends on radical transformation that enables the integration of advanced analytics, artificial intelligence, machine learning, robotics, blockchains and more. For 64 percent of those surveyed in 2016, their organization’s efficiency remained...
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Financial institutions should consider rapidly transforming business models in ways that are cognitive and digital. These transformations should include: Developing alternative revenue sources (using marketplace banking strategies and cognitive technologies) Streamlining costs by: Advancing digitization initiatives optimized across the enterprise Creating an efficient, flexible IT infrastructure based...
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IBM Financial Transaction Manager: Deliver a fast and agile payments infrastructure
Highlights Match today's industry needs and enable progressive modernization with the IBM Financial Transaction Manager family of offerings Keep pace with evolving regulatory and compliance mandates for banks and financial institutions Establish a payments infrastructure to support today’s requirements and be positioned to embrace emerging new services and technologies...
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