As financial institutions grapple with the digital revolution, the Digital Operational Resilience Act (DORA) is emerging as a game-changing legislative framework mandated by the European Union (EU). Our Global Head of Cloud for Financial Services, Ravi Khokhar talks to FinTech Magazine about the challenges and opportunities posed by the upcoming DORA act. https://lnkd.in/di5vDhJF
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The financial industry is undergoing a rapid digital transformation, presenting a myriad of challenges for institutions striving to stay ahead. 💡 Customer-centric solutions 💪 Regulatory compliance made easy 🚀 Technological expertise These are just a few advantages of working with experienced software developers in this area. Don't forget to check out Bob's post, which presents more reasons and mentions the benefits of working with experts from Poland.
The financial services industry is grappling with a myriad of challenges in an era of rapid digital transformation. 💵 From the need for innovative technology solutions to regulatory compliance and cost optimisation, financial institutions face an uphill battle to stay competitive. Fortunately, there's a solution that can address these challenges head-on: leveraging the exceptional technology expertise of extended Polish teams. 👉 Customers expect seamless digital experiences, personalized services, and real-time interactions. This puts immense pressure on financial service providers to deliver innovative solutions that cater to these evolving needs. Extended teams from Poland with specialized technology expertise can help organisations develop customer-centric solutions, streamline processes, and enhance user experiences. 👉 Financial institutions face a maze of complex regulations and compliance requirements. Staying up to date and ensuring adherence can be a daunting task. Extended teams well-versed in regulatory frameworks can provide the necessary guidance and support, enabling organisations to navigate the intricate landscape while maintaining compliance and mitigating risks. 👉 From artificial intelligence and machine learning to blockchain and data analytics, organisations must leverage the latest advancements to gain a competitive edge. Extended teams bring a wealth of technology expertise, helping financial service providers adopt and implement innovative solutions that drive operational efficiency, reduce costs, and improve decision-making. These are just a few of the many benefits. What would you add to the list? 📄 #FinancialServices #ExtendedTeams #TechnologyExpertise #Collaboration #Innovation #digitaltransformation
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The financial services industry is grappling with a myriad of challenges in an era of rapid digital transformation. 💵 From the need for innovative technology solutions to regulatory compliance and cost optimisation, financial institutions face an uphill battle to stay competitive. Fortunately, there's a solution that can address these challenges head-on: leveraging the exceptional technology expertise of extended Polish teams. 👉 Customers expect seamless digital experiences, personalized services, and real-time interactions. This puts immense pressure on financial service providers to deliver innovative solutions that cater to these evolving needs. Extended teams from Poland with specialized technology expertise can help organisations develop customer-centric solutions, streamline processes, and enhance user experiences. 👉 Financial institutions face a maze of complex regulations and compliance requirements. Staying up to date and ensuring adherence can be a daunting task. Extended teams well-versed in regulatory frameworks can provide the necessary guidance and support, enabling organisations to navigate the intricate landscape while maintaining compliance and mitigating risks. 👉 From artificial intelligence and machine learning to blockchain and data analytics, organisations must leverage the latest advancements to gain a competitive edge. Extended teams bring a wealth of technology expertise, helping financial service providers adopt and implement innovative solutions that drive operational efficiency, reduce costs, and improve decision-making. These are just a few of the many benefits. What would you add to the list? 📄 #FinancialServices #ExtendedTeams #TechnologyExpertise #Collaboration #Innovation #digitaltransformation
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CEO at Finanshels.com - Improving financial performance for startups and SMBs with intelligent bookkeeping, tax solutions, and CFO insights.
The game is changing for large-scale financial services adoption, thanks to the rise of fintech solutions that provide banking-as-a-service (BaaS). This means that every company can now become a fintech company with more distribution platforms emerging on the internet. These platforms will soon offer financial services such as credit, payments, and more to their consumers. With new embedded finance products on the cloud, the high cost of distribution is no longer a hindrance. Exciting times ahead, stay tuned for more updates on this development! #fintech #bankingasaservice #embeddedfinance
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🚀 20 sessions. 20 topics. And 45 minutes to learn everything you need to know about: - Payments - Lending - SaaS - Crypto - Digital Banking - Open Finance - Compliance - Data Revolution - AI - Cloud and more! 🔥 Build your own digital agenda. Join the #SopraBankingSummit now 👉 bit.ly/3Eop5hJ #FinancialServices #SBSummit2023
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2024: Digital transformation & financial services trends 🌐💼 In 2024 we can observe the increasing integration of technology in finance, driven by consumer demands for more efficient, secure, and accessible financial services. The article underscores the growing importance of cybersecurity and the adoption of new technologies like blockchain, AI, and cloud computing in the finance sector. These trends are reshaping how financial institutions operate, paving the way for more innovative, customer-centric financial solutions in the future. For a detailed read, you can access the full article: https://lnkd.in/eEzts6WD #Fintech2024 #DigitalTransformation #FinancialInnovation #BlockchainTechnology #AIinFinance #CloudComputing #Cybersecurity #FutureOfFinance 💹🔐🚀
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The UK Finance Digital Innovation Summit is almost upon us and the team at Form3 are very much looking forward to meeting many of you in person. Form3 Founder and Executive Chair, Michael Mueller, will be speaking at a fireside 🔥 chat on 31 October at 12.20pm in the broad suite. Titled, “The future is cloud”, this session will explore why the future of payments is in the cloud and the benefits when it comes to monitoring fraud activity in real-time. We look forward to seeing you there! #payments #futureofpayments #fintech #paymenttechnology #paymentinnovation #digitalinnovationsummit #fraudprevention #appfraud #paymentscreening
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The payment industry is rapidly evolving, with new technologies and trends shaping how we perform financial transactions. Here are some of the current trends and innovations in payment system technology and design: 🔷 Digital currencies 🔷 Open banking 🔷 Biometric authentication 🔷 Artificial intelligence 🔷 Cloud computing 🔷 User experience As the payment industry continues to evolve, these trends and innovations will shape the way we perform financial transactions in the future. ↗️ iveri.co.za #iveri #paymentinnovation #fintechrevolution #digitalpayments #seamlesstransactions
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Empowering the Future of Finance: Introducing Our AI-Enhanced Digital Wallet Solution – where insights meet security and seamless integration. 🌐💼 Revolutionize your financial experience with unified payments, real-time insights, and robust security. Explore how we're reshaping the future of finance. #CopperDigital #fintech #digitalwallet #businesssolutions #financeautomation #finance #ai #cloud #innovation #digitaltransformation #smartdigitalsolutions
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With digital assets taking off, we explain what a digital asset is and its use cases so that, as this technology expands, you're ready for any transition. Tap below to learn more. 📝: Scott Perry
What is a Digital Asset and How Do They Work?
schellman.com
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We in the industry can and should all thank the efforts of individuals like Cody Carbone and groups like the Chamber of Digital Commerce, for constantly and consistently representing the digital asset space and its strengths for the United States' government, citizens and corporations. A finely written piece urging regulatory attention and rationalization, summarized and in full here. "As the FY2024 National Defense Authorization Act (NDAA) progresses through the legislative process, The Chamber of Digital Commerce, the world’s leading blockchain and digital asset trade association representing more than 200 institutions, urges Congress’ support for the inclusion of digital asset legislation within the final NDAA text." "The inclusion of digital asset legislation, such as H.R. 4766, the Clarity for Payment Stablecoins Act and H.R. 2969 / S. 1340, the Financial Technology Protection Act, represent not only an opportunity to update our laws to keep pace with financial innovation, but more importantly, a significant opportunity to bolster our economic and national security in the face of intense international competition." Full Letter: https://lnkd.in/gAfx-dWf
Chamber-Support-Letter-for-Crypto-NDAA-Provisions.pdf
digitalchamber.wpenginepowered.com
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Strategic Account Executive @ Capgemini | Account Management Expert
2wInsightful Ravi. Technology Operational Resilience is critical priority for FS sector clients in AU region as well; keeping the bank, its customers and ecosystem of partners & providers safe and resilient to any operational disruptions and cyber threats.