Venue
Virtual

What is Qwoted?

Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.

Event Date Wed Aug 30 EDT (over 1 year ago)
Location Virtual
Region Americas
Details

Competition in the banking sector is becoming increasingly fierce. Attackers are growing their businesses and engaging with customers using a modern core technology architecture that allows them to innovate faster and operate more efficiently. As a result, around 75% of banks are rethinking their core banking platforms, according to a survey of 40 banking executives in May 2021. Analysts define the core banking system as a logistical system that handles daily banking transactions, publishes accounts and updates other financial records. It typically includes deposit, loan, and credit processing capabilities, with interfaces to common ledger systems and reporting tools. The great news for incumbents is that these platforms are poised to meet these challenges. Continuous innovation to combine rich basic features with modern technology can certainly improve the core systems of traditional banking platforms. Adopting a single codebase not only benefits customers but also creates new growth opportunities, increases efficiencies at scale, and lowers the cost/return ratio by half the industry average. It can be achieved by providing an open, pooled cloud banking service at a fraction of the cost of legacy systems. To get a deep insight into the subject matter join us, an immersive online summit brought to you by Group Futurista with informative extra-act narration and a spectacular selection of industry-leading speakers who will come together to share their words of sagacity on what the future holds.

Who should attend?
• Digital Engagement & Experience
• Digital Transformation
• Digital Channels
• Customer-Centered Banking
• Digital Business
• FinTech
• API & Open Innovation
• Biometrics
• Marketing