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 a credit card cannot be done without thorough customer verification. The medium may change, but full credit card virtualization…

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…

Banking in 2023: trends and challenges 

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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…

ISO 20022 enhanced data: who will pave the way for new opportunities? 

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Financial institutions are racing against time to launch the basic functionalities of ISO 20022 before March 2023. However, everyone is looking to the benefits that rich data in business is supposed to bring. For now, however, there…

Fintech Connect 2022 webinar. What is ISO 20022 readiness in UK? 

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Most banks are only partially ready for ISO 20022, according to a survey conducted during the webinar at the Fintech Connect 2022 conference. Can we indeed get ready for payment innovations, or are we to brace ourselves for a new Neverending…

ISO 20022 in Islamic banking: halal or not?

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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…