Entries by Jacek Nowak, CEO

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Banking in 2023: trends and challenges 

Digital transformation continues to top the list of priorities in banking. However, the goal for 2023 is also to increase productivity and efficiency. Banks and financial institutions are also looking to digital solutions to help them to face increasing competition from FinTech’s and other innovative players.  As the new year gains speed, we look forward […]

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ISO 20022 in Islamic banking: halal or not?

Is islamic finance an ethical and fair alternative to modern banking, or is it an incomprehensible parallel world of finance? Regardless of where you come from, the Islamic finance system is part of cross border banking. As such, it needs to get ready to migrate to ISO 20022. The history of the Islamic finance system […]

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Data-driven work efficiency: knock over your IT banking architecture!

Improved work efficiency is one of the results of the “overturning” of IT banking architecture from vertical silos to horizontal data fabric. In exchange, you can count on increased efficiency and better customer experience and employee satisfaction. The last decade has been a turbulent period for the banking industry all over the world. Difficult market […]

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MT/MX converter: parlez vous ISO 20022?

In November 2022, a new “language” for cross-border payments will enter into force: the MX format. Which SWIFT XML broker to choose for smooth communication in the global banking world after the launch of ISO 20022? The history of cross-border payments began with… cooperation with the media. From the 1970s until the beginning of digital […]