Carter Wahlberg’s Post

#BFSI #Banking #CreditUnions #Enterprises #ProblemStatement: "Many banks have taken a phased approach to digital transformation, often working with multiple product vendors. But there is a growing recognition that this approach brings its own challenges in terms of managing #numerousvendors and roadmaps. As such, there is a shift in demand for integrated SaaS banking services, particularly from Tier-2 and Tier-3 institutions." #SolutionStatement: At SmartCard Marketing Systems Inc (OTC:SMKG) #PaaS + #Paytech + #CrossborderPayments + #DigitalAssets all in vendor. We own the solutions to make it all possible! https://lnkd.in/eDUEFwWn

Banking of the future involves digital transformation, integrating cloud technology and emerging technologies like #AI and #MachineLearning. This shift aims to improve customer experience, operations, business innovation, and risk management. Learn about the benefits of digital transformation in banking and explore the benefits of shifting to the cloud in our latest blog post: https://bit.ly/4bih6BW #artificialintelligence #mobilebanking #bigdataanalytics #digitaltransformation #banking

#BFSI #Banking #CreditUnions #Enterprises #ProblemStatement: "Many banks have taken a phased approach to digital transformation, often working with multiple product vendors. But there is a growing recognition that this approach brings its own challenges in terms of managing #numerousvendors and roadmaps. As such, there is a shift in demand for integrated SaaS banking services, particularly from Tier-2 and Tier-3 institutions." #SolutionStatement: At SmartCard Marketing Systems Inc (OTC:SMKG) #PaaS + #Paytech + #CrossborderPayments + #DigitalAssets all in vendor. We own the solutions to make it all possible! https://lnkd.in/ezK-u6-7

#CloudBanking is set to drastically improve the banking experience by enabling better customer service, seamless transactions, and improved data management. This cutting-edge technology is revolutionizing the way banks operate, offering enhanced speed, efficiency, and security to both financial institutions and their customers. As we witness the shift towards cloud banking, how will this innovation shape the #FutureOfFinance? The potential of cloud technology to streamline operations, reduce costs, and drive innovation in the financial sector is immense. With cloud banking, financial institutions can adapt quickly to changing market conditions and offer personalized services that cater to the evolving needs of customers. How will this shift towards cloud banking redefine the role of traditional banks in the digital age? #FinanceTech #DigitalTransformation

Cloud banking platform Mambu enable banks to complete their transformations quickly and with operational stability, at a fraction of the cost of a ‘rip and replace’ approach. Read more here: https://lnkd.in/gbF8zUBq #fintech #banking #digitaltransformation

Retail banking turns to core modernization as cloud strategies mature: Legacy systems rife with technical debt are blocking customer service upgrades in the industry, according to IT consulting firm Endava. @Poseidon-US #CIODive #Innovation

What's new in #corebanking technology? 🤔 It's been redefined, that's what. Over the past 10 years or so, banks have been driving #digitaltransformation projects in attempt to dismantle the monoliths and moving to cloud. ☁️ A big step forward? Without a doubt. The holy grail? Hardly so. Evolving from legacy to "modern legacy" just about scratches the surface of the potential. Imagine a platform with independently deployable components, allowing banks to modernise and drive value across the spectrum, with minimal risk and cost. That's what XYB is doing - meet #coreless banking technology! 🧩 Coming from the recently announced collaboration with IBM (link below), I believe apart from accelerating banking #digitisation, the platform could also be the answer to the questions raised by operational resilience compliance (incl. #DORA). ✅ Check out the full press release here: https://lnkd.in/dJbspaKn

Retail banking turns to core modernization as cloud strategies mature: Legacy systems rife with technical debt are blocking customer service upgrades in the industry, according to IT consulting firm Endava. #CIODive #Innovation

Cloud banking platform Mambu enable banks to complete their transformations quickly and with operational stability, at a fraction of the cost of a ‘rip and replace’ approach. https://lnkd.in/gFS5yCbC #fintech #banking #digitaltransformation #innovation

🚀 **Embracing the Future: The Rise of Cloud Banking in Digital Banking** 🌐 In today’s rapidly evolving financial landscape, cloud banking is not just a trend but a pivotal shift in how we approach digital banking. The integration of cloud technology into banking operations offers unparalleled flexibility, scalability, and efficiency. Here’s why cloud banking is a game-changer: 1. **Enhanced Customer Experience**: Cloud-based solutions enable real-time access to financial services, providing customers with seamless and personalized experiences anytime, anywhere. 2. **Operational Agility**: Banks can rapidly deploy new services and adapt to changing market conditions without the constraints of traditional IT infrastructures. 3. **Cost Efficiency**: By leveraging cloud infrastructure, banks can significantly reduce capital expenditures and operational costs associated with maintaining on-premises systems. 4. **Robust Security**: Advanced cloud providers offer top-tier security measures and compliance protocols, ensuring that sensitive financial data remains protected. 5. **Innovation Acceleration**: The cloud fosters an environment conducive to innovation, enabling banks to experiment with emerging technologies and deliver cutting-edge financial products. As digital banking continues to advance, cloud banking stands at the forefront, driving transformation and setting new standards for the industry. The future of finance is here, and it’s powered by the cloud. #CloudBanking #DigitalBanking #Fintech #Innovation #BankingTransformation