Business Strategy | Transformation | DX | Payments | Cards / Lending | Telco | Fintech | Product Development | Project Management
“At its CORE, Nubank is profitable because it is a TECHNOLOGY COMPANY that happens to operate in the banking sector. The company’s competitive advantage lies in its ability to leverage data, proprietary machine learning algorithms, and agile cloud infrastructure…” 👏🏼👏🏼👏🏼 Matthew S. Quimba, ECE, CLSSBB
Why are traditional banks slower to adopt cloud-based solutions compared to fintechs? 🤔 Legacy systems may be reliable, but the hesitation to embrace #cloud core processes can hold institutions back from seizing new opportunities. Teun van der Veeken breaks down why this switch is crucial and why banks should prioritise cloud migration as a strategic move, not a risk. Dive into the full article in Payment Expert to see how Mambu is guiding banks through this essential transition. 👉 https://lnkd.in/exa-dZex
CIO Advisory Partner | CTO | Technology Strategy | Corporate Strategy Innovation Selection Committee Member |AI & ML | Senior/Principal Quantum Computing Team Leader
Increased collaboration between banks and fintechs in recent times has pushed the former towards a new era of modernisation. Traditional institutions have been left with little choice but to do away with outdated IT infrastructure and, inevitably, cloud migration has played a pivotal role in the transition. It’s a development that has facilitated far easier integration of fintech solutions, helping banks to provide added value to their customers.
Cloud migration isn't just about upgrading, it's a strategic shift towards operational efficiency and #innovation in banking. - Take a look at our latest blog to discover how #CloudMigration is a game-changer for banking operations. - https://lnkd.in/eSjMQ8gt - #Cloud #FinTech #BankIT #Blog
Fintech Mambu And Google Cloud Release Report Explaining Why Banks Must Begin To ...: It reveals how banks can “outpace their innovative fintech competitors and turn bank cores around by taking advantage of cloud-native financial ...
In challenging economic times, fintechs need to be agile in how they manage resources and costs in tech architecture, and focus time on business expansion. Learn how a #cloud #banking platform can pave the way to success. 👇 #fintech https://ow.ly/ZBv150Q23Pj
At Money20/20 earlier this year, Mick Fennell, Business Line Director of Payments at Temenos, discussed with Payment Expert the benefits of cloud technology in the payments industry. In this article, Fennell highlights how #cloud technology drives scalability, enhances regulatory compliance and supports sustainability efforts, positioning it as a key enabler for the future of banking. https://lnkd.in/eN8nRzMY
Traditional banks often do not make the inevitable switch to cloud-based solutions as quickly as emerging fintechs do, something which may come as a surprise to many industry observers. This is chiefly because legacy systems are tried and tested and the switch to cloud core processes offer more questions than answers to many. To alleviate these concerns, Teun van der Veeken a Mambu Banking Consultant, broke down why banks are cautious when it comes to cloud migration and why the switch from legacy systems to cloud-backed platforms should now be a strategic priority rather than a lingering concern. https://lnkd.in/exa-dZex
Read this summary to gain insights from our first Banking Infrastructure Summit at Money20/20. Leading experts from Google Cloud, Trafalgar Fintech, Wells Fargo, and our team gathered to discuss banking technology transformation. The consensus was clear: adopting cloud infrastructure is vital for banks to stay competitive, offering necessary flexibility and efficiency.
The COVID pandemic accelerated demand for hyper-connected digital experiences, including in banking. Banks are now accelerating strategies to deliver banking-as-a-service and ecosystem banking capabilities. #aws #awscloud #cloud #awsdataexchange #financialservices #industries #uncategorized #innovation
Read this summary to gain insights from our first Banking Infrastructure Summit at Money20/20. Leading experts from Google Cloud, Trafalgar Fintech, Wells Fargo, and our team gathered to discuss banking technology transformation. The consensus was clear: adopting cloud infrastructure is vital for banks to stay competitive, offering necessary flexibility and efficiency.
