Intellect Design Arena Ltd’s Post

‘First Principles Thinking’, questions each banking process by breaking down the core value the bank intends to provide. This approach has proved to be a game changer for banks globally.    "Financial technology is the first adopter of the computer since the 1960s." As banking has become more complex over the years, Arun Jain, Chairman & Managing Director of Intellect emphasizes on how by delving deep into the complexities of customer needs, 'First Principles’ thinking empowers the transformation of banking processes and technologies, eventually delivering better #CX and business outcomes. Watch the video here: https://lnkd.in/dq3VK7k9 Rajesh Saxena | Mithu Gupta | Soumya Saxena | Vijayanand Bhupathi Raju | Selvakumaran S | Davit Hovhannisyan | Pantelis Karanikolaou | Abhishek VERMA | Suresh Krishnan | Denis Clafferty | Vikas T. | Chetan Kamat | Nachu Nagappan | Shrina Dutta | Intellect Design Arena Ltd | FF News | Fintech Finance K Srinivasan (KS) #FirstPrinciplesThinking #eMACHai #BankingTechnology #BankingTransformation #DigitalEvolution #iGCB

The co-lending market is poised for exponential growth, driven by the demand for innovative solutions that bridge the gap between traditional banking and the agility of NBFCs," asserts Frost & Sullivan In our latest blog, we explored the possibilities of shaping a new era of seamless collaboration between financial institutions and how tech can transform the co-lending system. Explore more: https://lnkd.in/gEW-xqpr #Technologyyoucanbankon #digitalbanking #financeinnovation #fintechrevolution #colending #lending

I'm thrilled to share a collaboration with one of our DMZ Connect partners and a DMZ Alumni Startup. Meet Moshe Mikanovsky, the host of the "Beyond Product" podcast by RootQuotient. The podcast dives deep into the journeys of thought leaders and founders, unravelling the secrets behind building successful companies and groundbreaking digital products. 🚀 This aligns perfectly with the mission of DMZ Connect – a program bridging corporate partners and startups to drive innovation to new heights. In a recent episode, Moshe chatted with Kanchan Kumar, the visionary behind Truly Financial, a global business banking platform. 🌍 Let me give you a quick rundown of their inspiring conversation, and trust me, it's worth a watch! Truly Financial Unveiled: Kanchan, the co-founder and CEO, aims to redefine global banking for small businesses, challenging the norms set by traditional banks. The inspiration? The struggles faced by small companies dealing with consumer-grade products from banks lead to inefficiencies. Truly Financial provides a seamless global banking solution, eliminating hassles and additional costs. Global Presence, Local Understanding: Truly Financial operates in Canada, the USA, and Asia and emphasizes a global perspective. Based in Toronto, Kanchan believes in understanding diverse banking needs across countries. The diverse team, with backgrounds in tech, product management, marketing, and sales, brings a holistic approach. Fintech Revolution: Truly Financial adopts a banking-as-a-service model, leveraging core banking systems with APIs for seamless integration. Their online platform eliminates the need for physical branches, streamlining account opening and business transactions. Challenges & Vision: Navigating regulatory compliance, KYC, and international money movement are challenges Truly Financial embraces. Their vision is clear – empower small businesses globally, offering tools to operate without extensive banking relationships, allowing them to focus on growth. 📅 Save the Date: November 28th! Our upcoming event promises exciting collaborations! 🚀 We have a fantastic panel featuring Yan Fossat from Klick, Michael Maunder from Munich Re, and Audrey Bond, CEO at Vaultt, Jane J. Wang, DMZ alumni and CEO at Optimity, who will guide the conversation, promising insights that will captivate and inspire. #Innovation #Collaboration #Startups #Fintech #DMZConnect #DMZ #BeyondProduct #ThoughtLeadership #partnerships https://lnkd.in/gbnMs68Z

52% of CEO's believe profitability will grow through cost transformation. 65% say GenAI is an integral part of the institutions long-term strategy and vision. "The path to growth for banking institutions is accelerating their enterprise transformation to be the bank of the future. Modern technology platforms are the foundation, allowing banks to leverage the latest technologies to enhance operational efficiency, customer retention and attraction, and resilience through the next wave of challenges". Accelerating is the KEY. https://lnkd.in/gPxbBHH7

🏦✨ Transform your banking experience with EQapital! Enjoy top-notch services and cutting-edge technology designed to meet all your financial needs. Like and follow us for more updates! #Banking #Finance #EQapital #Innovation #Neobanking #BankingTechnoloy #RealEstateBanking

Is your organization stuck in transition? McKinsey & Company reports up to 80% of tasks can be automated with #AI, but are you leveraging it? Financial Technology Frontiers unveils the "𝐓𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧 𝐭𝐨 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧" report, your key to unlocking the future of banking! Dive deep into: - Exclusive insights from global banking #CXOs and tech partners.  - The path from core systems to a digital-first experience.  - Strategies for innovation, personalization, and infrastructure revolution.  - Real-world challenges, opportunities, and lessons learned on the transformation journey. This report is essential for: - CEOs, CDOs, Heads of Technology & Business Transformation  - Product, Channel, Risk & Compliance, Operations, Payments & #Finance Leaders  - Banking, Systems Integration, and Fintech Professionals Empower your business with cutting-edge insights! Register Now for Instant Access: https://lnkd.in/dbuNnvq7 Don't miss out! 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐅𝐑𝐄𝐄 𝐜𝐨𝐩𝐲 and stay ahead of the #Banking Transformation curve! #BankingTransformation #FinancialInnovation #TechRevolution #Report #FinancialTechnologyFrontiers #FutureofBanking #Payments

Thank you Breck Dumas for welcoming Zest AI CEO Mike de Vere to join Fox News Media Business for a powerful conversation on how #AI can be used to broaden access to credit and lending. Mike shared with Breck some of the challenges with traditional credit scoring and the difficulties Americans are facing when it comes to banking and the current economy. #FairLending #FinancialInclusion #FinTech #Lending #Banking

Myth-Busting in Finance: Banks vs. Fintech 🚀 Ever heard the tale that banks just can't keep up with fintech? 🤔💬 Tedd Huff and Colton Pond, along with John J. Maxfield, tackle this head-on in a riveting discussion on Accrued. They debunk the myths surrounding the supposed rivalry between traditional banks and fintech companies, emphasizing the importance of collaboration in the financial ecosystem. 🌐💼 The conversation sheds light on the misconceptions about banks' ability to innovate and serve customers. With a nod to the legacy of banking, initiated by none other than Alexander Hamilton, this episode is a call to action for both sectors to uplift each other for the greater good of the industry. 🏦✨ Sign up for Fintech Confidential emails at https://lnkd.in/gCSGeSDh The takeaway? It's not about fintech vs. banks; it's about how both can work together to propel the financial industry forward. Dive into this enlightening discussion that bridges the gap between tradition and innovation. 🤝🚀 #FintechCollaboration #BankingInnovation #FinancialEcosystem #FintechStartups #TraditionalBanking #FinancialIndustryUnity #FintechBankingPartnership #FinancialTechnology #BankingSector #FintechTrends #BankingFuture #DigitalBanking #FinanceCollaboration #FintechMyths #BankingMyths #FintechVsBanks #FinancialServicesInnovation #FintechGrowth #BankingTransformation #FinancialSectorCollaboration #FintechStrategies #BankingStrategies #FintechAndBanks #FinancialUnity #BankingAndFintechCollaboration Tedd Huff DD3 Media Fintech Confidential LoanPro

Every Monday, the Exchequer Finance Club at KSOM shares Finfocus - a curated collection of financial articles. Last week, I contributed an article on How Fintech is Revolutionizing the Banking Sector. 🏦🏧💳 #fintech #banking #financialtechnology #innovation #technology #finance #digitalbanking #mobilebanking #payments #machinelearning #financialinclusion #financeservices #bankingindustry #KSOM #ExchequerFinanceClub #Finfocus

Discover how neobanks are revolutionizing the banking industry by challenging traditional models. Explore the benefits and features of this innovative approach with FintecMarkets. #Neobanks #Fintech #BankingRevolution #DigitalBanking #Innovation #FinancialTechnology #FintecMarkets #BankingTrends #FutureOfFinance #TechInFinance