Breaking News
Driving Digital Transformation in Banking with iGCB
At Money20/20 Europe, Abhishek Verma from Intellect Design Arena and K. Srinivasan from iGCB discuss the top banking transformation priorities for UK and European banks.
For banks in the UK, digital banking transformation is a key area and they are focusing on improving operational agility, customer experience, and efficiency – with personalization is also a priority as banks are striving to offer seamless omnichannel experiences. Regulatory such as thje 2023 Consumer Duty are pushing banks to ensure technology aligns with FCA requirements, alongside a focus on operational resilience and security.
Loan growth is a major focus in Europe and is driving competition among banks, while digital innovation continues to improve customer experience and efficiency while sustainability regulations are also a key factor. Both the UK and EU regions face challenges with outdated legacy banking systems, which is creating opportunities for modernization across both front-end and back-end technology.
Verma and Srinivasan also discuss data privacy regulations like GDPR and the Financial Data Access Act, and highlight the importance of secure, compliant solutions and with Open Finance becoming more prevalent, enabling data sharing with ecosystem players while maintaining privacy is paramount.
Banks are now adopting systems that embed these compliance measures directly, to ensure data protection while enabling collaboration and innovation.
When it comes to legacy banking systems, Srinivasan compares core modernization to a heart transplant. Some banks are modernizing their banking transformation progressively, while others are adopting multi-core strategies for different customer segments. iGCB supports these transformations, with a 30 years of experience and break down large projects into manageable steps, which reduces risks.
People In This Post
- Sygnum Completes First Live AI-Agent Driven Digital Asset Transactions by a Regulated Swiss Bank Read more
- CMC Markets Launches Spectre Trading Account for Retail Clients Read more
- Ingenico and Arrive Partner to Power Seamless Payments for On‑Street Parking and Urban Transport Worldwide Read more
- Zurich Scales Agentic AI to Five Countries in 90 Days Cutting Manual Risk Processing Time by 80% Read more
- JCB and Wonder Advance Cashless Taxi Payments in Hong Kong Read more
TSAM London: FE fundinfo on Mastering Data and Unifying Operations in Asset Management
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Global Imperative of Risk and Compliance for Southeast Asian Finance
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Fintech Meetup 2026: Get Ready for Fintech Meetup in Europe
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Velocity of Risk and the Explosion of APAC Payment Methods
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Massive Adoption of Embedded Insurance in Digital Ecosystems
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Rise of Autonomous Agents in Financial Ecosystems
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The Transition Toward a Mobile-First and Palm-Based Ecosystem
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Sygnum Completes First Live AI-Agent Driven Digital Asset Transactions by a Regulated Swiss Bank
Sygnum, a global digital asset banking group, today announced it has become the first Swiss regulated bank to use an AI agent to test live digital asset market transactions, with the client retaining custody, consent and control at every step. This is the latest initiative from AI@Sygnum which leads the development, integration and governance of agent-driven workflows across the group globally.
CMC Markets Launches Spectre Trading Account for Retail Clients
CMC Markets (“CMC”), a FTSE 250 company and global leader in multi-asset online trading and investing, has launched Spectre for retail clients, following strong demand after the product was initially introduced for professional traders.
Ingenico and Arrive Partner to Power Seamless Payments for On‑Street Parking and Urban Transport Worldwide
Ingenico, a global leader in payment acceptance solutions, and Arrive, a leading global mobility platform, today announced a strategic partnership to deliver reliable, seamless payment experiences for on-street parking and transport ticket vending machines across more than 30 countries worldwide.
Zurich Scales Agentic AI to Five Countries in 90 Days Cutting Manual Risk Processing Time by 80%
Zurich Insurance has completed a breakthrough 90‑day deployment of Cytora’s agentic AI‑powered risk digitization platform across five countries. The programme will now scale to more than 20 markets over 16 months.
JCB and Wonder Advance Cashless Taxi Payments in Hong Kong
JCB International Co., Ltd, the international operations subsidiary of JCB Co., Ltd, Japan’s only international payment brand, and Wonder Ventures Limited, a leading payments and fintech platform in the Asia Pacific, announced that JCB Cards are now accepted on Wonder Taxi in Hong Kong.
AS Colour Partners with Adyen to Complete the Global Customer Picture
Adyen, the global financial technology platform of choice for leading businesses, has announced its partnership with AS Colour, a designer and wholesaler of premium "blank" apparel, to streamline its global payment infrastructure and enhance the digital customer experience. Since partnering with Adyen in October 2025, AS Colour has consolidated multiple legacy payment providers into one global commerce platform, connecting its payments across all operating regions.
Nuvo and Avalara Launch AI Integration to Eliminate Tax Compliance Gaps and Accelerate B2B Customer Onboarding
Nuvo Technologies, the AI-native customer-to-cash platform, today announced an integration with Avalara, the agentic AI leader in global tax and compliance. The integration connects Nuvo’s AI-powered onboarding with Avalara’s exemption certificate management and real-time tax calculation capabilities—enabling B2B suppliers to handle credit applications and tax compliance in a single, unified experience. The result is a single workflow where suppliers can approve customers and ensure tax compliance at the same time.