2024 banking trends: what is in store for BFSI in the Year of the Dragon? 

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February 2024 will mark the beginning of the Year of the Dragon. In Chinese culture, the dragon is a symbol of power, nobility, and good fortune. Will the banking industry's development be worthy of this powerful being?  The…

ISO 20022 delay: a stitch in time saves nine 

European financial institutions are leaders in ISO 20022 implementation, according to the International Information Systems Security Association (ISSA). However, organizations that delay the process deliberately can ultimately be left…

How to harness technology for smooth bank complaint management?  

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In the banking industry, the fewer complaints, the better. How to radically reduce problems with billing purchase discounts? To streamline balancing accounts between the bank and the retail partner you need efficient technology.  This…

Baas vs. Embedded Banking: who should control banking IT? 

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The popularity of the Banking-as-a-Service (BaaS) model is on the rise globally. However, many banks and institutions have realized that it could be a potential technological dead end. Is Embedded Banking a better solution? Not necessarily.…

NPA and ISO 20022 pave the future for modern banking in the UK 

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The New Payments Architecture (NPA) and ISO 20022 stand a chance of revolutionizing the UK's banking sector. If you add AI into the mix, the vision of “modern banking” goes way beyond what we might expect. But human expertise is…

Agile software testing in banking: collaboration is trendy!  

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To effectively test banking solutions, you need more than the right people and tools. Sometimes even the right people and the right tools are not enough to effectively test banking solutions. The methodology adopted can make or break…

ISO 20022 migration: how to avoid the testing cost spiral? 

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ISO 20022, the new standard for the exchange of payment data, came into force in March 2023. Now, bankers have until November 2025 to introduce the necessary changes to their IT systems. How to speed up the whole process while maintaining…

Credit cards: navigating the crossroads of virtualization 

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Banks aim to keep up with consumer expectations in the credit card segment. However, offering a product such as Banks aim to keep up with consumer expectations in the credit cards area. However, any major credit card issuer must thoroughly…

Custom database migration: how to eliminate production bottlenecks?  

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By utilizing data from both MySQL and Microsoft SQL, an industrial manufacturer could streamline their workflow while keeping historical CIMCO project data. The key to success was a proprietary custom software developed by CCA Europe.   How…

Future of data integration: traditional, cloud or hybrid? 

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Wrapped in data, and with its volume growing faster than ever, decision-making is dependent on reliable information. Bringing the information stored in different data lakes together for the overview that the executives need is a major…