Wall Street was skeptical of cloud computing before the pandemic, but with increasing demand from consumers, financial service companies are starting to make the switch. Continue reading below to learn more about the pressure that Wall Street is facing and the risk of being left behind. Businesses are learning countless lessons from the COVID-19 pandemic.…
AI usage is attracting customers towards digital banking. Making the shift towards artificial intelligence and digital banking is necessary for banks to stay up-to-date with customer expectations. Continue reading below to discover the benefits of AI usage and why your bank should make the shift. Banks today sit on mountains of underutilized customer financial data.…
There are at least five security features every good bank offers. With banks advertising so many exciting benefits now, it can be easy to overlook what’s most important when choosing the right bank for you. Continue reading below to discover what security features your bank should offer. If you’ve ever had a fraudulent transaction show…
A perfect storm of disruption is upending the banking industry. With most people still relying on their banks every day, the banking industry has been forced to accommodate to its consumers’ needs amid the pandemic. As banks shift to the digital experience of cloud computing, regulations and expectations are evolving. Continue reading below to learn…
The five hottest technologies in banking can be identified by following major investments. Continue reading below to find out which technologies are being backed by dollars, not opinion. OBSERVATIONS FROM THE FINTECH SNARK TANK In the movie All The President’s Men, Woodward and Bernstein meet their informant in a parking garage who tells them: “Follow…
IBM modernized financial transaction solutions on Red Hat OpenShift to give banks the flexibility of the hybrid cloud. This new system gives companies more dependable use of financial cloud platforms. Continue reading below to learn more. ARMONK, N.Y., Sept. 23, 2020 /PRNewswire/ — IBM (NYSE: IBM ) today announced the release of a new version…
Digital payments have increased since the start of the pandemic and it’s predicted that they’ll continue to advance even when things return to normal. Part of these improvements include moving contactless payments to the cloud for more security and easier access. This digital shift is what lead Mastercard to move their processes to the cloud.…
Banking online has been growing in popularity because of how convenient it is for consumers. But, as more and more people start doing their banking online, the need to protect your account from hackers has increased as well. We’ve compiled a list of the top 5 rules you should follow to stay safe when banking…
Digital banking is the new normal in 2021 after increasing popularity in 2020 as a result of Covid-19. Though it was already slowly rising in popularity, it wasn’t until the need for contactless payments that the popularity of digital banking accelerated amongst all age groups. Continue reading below to learn more about what to expect…
As the holiday season is now fully upon us, everyone at SCI would like to wish you all Happy Holidays and a Happy New Year. This past year at SCI has been amazing even given the unusual circumstances presented to us. For that, we thank all of our clients, business partners, and other supporters. We…