News & Insights
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News & Insights
Finance leaders highlight the prospect of AI and its impact on productivity
Finance lenders anticipate considerable gains in terms of efficiency with the rise of AI technology. In 2017, Deutsche Bank’s CEO stated that robots would replace nearly half of his workforce in the coming years. At a similar time, the former Citigroup CEO predicted that approximately 30% of global finance jobs could disappear due to AI […]
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News & Insights
The role of ESG data in improving access to finance for SMEs
ESG has become a top priority for many companies, but with mounting concerns surrounding greenwashing, how businesses accurately measure their global impact is critical. ESG data represents a valuable resource and could help increase access to funding, especially for smaller organisations. In recent years, the requirement for higher levels of transparency on ESG impact from […]
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News & Insights
Top priorities for finance teams for the remaining part of 2023
The continued concerns of a possible recession, inflation concerns, and geopolitical instabilities create challenges for businesses and their associated finance teams. As we near the end of the year, economic uncertainty continues to dominate many discussions. These challenges require finance professionals to be capable of adapting and responding to enhancing operations and informing businesses with […]
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News & Insights
How to become a contractor – deciding to move to self-employment
With redundancies and unemployment rising, more people are considering the opportunities self-employment offers to generate income. For some, managing their own business provides achievement and flexibility, but there are factors to consider before making the move. Before choosing self-employment, you must research and prepare for a new journey. Managing your clients, handling unpredictable income and […]
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News & Insights
Financial services companies move to automated, data-focused processes for new products and services
With the rise of multiple fintech startups and continued shifting customer preferences for digital banking, financial services businesses have endured many changes over the last few years. Shifting to automated, data-driven processes is the most effective solution for businesses to manage disruption and harness new opportunities. As customers have increasingly moved to online services, the […]
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News & Insights
Open Banking: Innovating and empowering customers in finance
The finance industry is experiencing a significant transformation spurred on by the rise of open banking. This revolutionary stage has accelerated worldwide, enabling financial innovation, driving competition and empowering customers. Open Banking Explained Open banking involves a shift away from traditional banking by enabling customers to control their financial information. It allows people to manage […]
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News & Insights
The data challenge for the finance industry
The Chief Product and Technology Officer at Spendesk recently discussed the benefits of data for the finance industry. In our digital world, finance and fintech companies consistently look for ways to use data to deliver more personalisation and relevant services. Product-related data provides vital insights into behaviours, choices and customer demands, which can support the […]
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News & Insights
Why financial analytics is becoming more critical for businesses
Financial analytics has become a critical factor for success in modern business. Most companies are starting to invest in big data analytical tools to deliver cost savings and increase revenue and productivity. According to reports, the data analytics market is expected to expand considerably, exceeding $221 billion in 2027. The rise of technology plays a […]
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News & Insights
Six ways CFOs can increase the potential of transformation success
Adapting and transforming business activities during challenging times is vital. According to EY, progression and future success are more likely if CFOs can focus on six complex human-based factors. CFOs recognise from experience that successful transformation is challenging and requires their input. A recent study between EY and the University of Oxford Said Business School […]
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News & Insights
How fintech is enhancing data access for finance businesses
Data has become the new currency in today’s financial landscape, and the fintech industry is leading the way by leveraging technology to tackle challenges and deliver better financial solutions. Financial businesses are competing to transform their activities, and with the existing economic conditions, customers are demanding far more services and solutions, with increasing availability of […]
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News & Insights
Securing Data Privacy Compliance When Applying AI in Finance
Operational efficiency is a priority for corporate leaders, with AI gaining accelerated traction across industries. While AI has shown multiple benefits and shown significant results, those in regulated industries like finance, are raising specific questions concerning security, data validity and general ethics surrounding AI, especially regarding data privacy. Whether a finance-focused business is applying AI […]
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News & Insights
Digital transformation in banking: Exploring the Future of Finance
Digital technology has transformed the finance industry by enhancing the customer experience, improving operational efficiency and reducing overall costs. AI, big data analytics and automation are top trends reshaping the finance industry. There are challenges, however, including regulatory compliance, outdated tech systems, security, the demand for talent and the potential risk of losing connection with […]