Enter your email Address

NebulaNebulaNebulaNebula
  • Products
  • Industries
    • Professional Services
    • Banking Industry
    • Manufacturing Industry
    • Retail Industry
  • About Us
  • Resources
  • Case Studies
  • Blog
  • Contact

Top posts for 2020 – a look at banking and finance

    Home Banking Top posts for 2020 – a look at banking and finance
    NextPrevious

    Top posts for 2020 – a look at banking and finance

    By Nebula | Banking, Business Strategy, CFO, Cloud, cloud computing, Digitalisation, Featured, IT | 0 comment | 17 December, 2020 | 0

    In 2020, we saw banks and financial institutions being pressurised to leverage new technologies to boost internal efficiency and improve competitiveness during a global pandemic. This means embracing new business models and implementing emerging technologies like cloud computing, big data, machine learning and artificial intelligence (AI). For CFOs, the digital transformation currently taking place across the banking and financial services industries demands that they become digital change makers; embracing automation, learning new skills and making strategic use of data to expedite finance tasks.

    Below, we list the top blog posts covering all the latest finance and banking trends. Take a look.

    #1 How cloud computing can aid African banks

    The African banking sector has a big problem. This problem, according to a report by Genesis Analytics, is that African banks tend to have a cost to income ratio that is much higher than their international counterparts. Why is this a problem?

    Read more, here.

    #2 Understanding digital strategy for banks in 2020

    This week, Standard Chartered Bank and Microsoft announced that they have entered a three-year strategic partnership to accelerate the bank’s digital transformation via a cloud-first strategy. The digital strategy partnership makes the bank’s virtual banking, next-gen payments, open banking and banking-as-a-service plans a reality.

    Read more, here.

    #3 How digitalisation will change the role of the CFO in 2020

    Forbes put the digitalisation challenge currently facing modern CFOs succinctly: “Sadly, CFOs are spread too thin to fully embrace the technological revolution”. The publication goes on to say that innovations like artificial intelligence (AI), machine learning, robotics and crypto currency may offer amazing potential to CFOs and their teams but many are simply too overwhelmed to focus adequate attention on making the best use of these new technologies.

    Read more, here.

    #4 Open banking is on the rise – here’s what you need to know

    Open banking is a banking practice that gives third-party financial service providers access to consumer banking, transactional and other financial data through the use of application programming interfaces (APIs). This enables the networking of accounts and data across institutions for use by consumers, financial institutions, and third-party service providers. Poised to reshape the banking industry, open banking interfaces facilitate greater competition and create new business opportunities.

    Read more, here.

    #5 How machine learning and AI are revolutionising banking

    Artificial intelligence and machine learning are set to transform the banking industry. According to the McKinsey Global Institute, the use of these technologies to improve decision making, tailor services and enhance risk management will generate more than $250 billion in value across the sector.

    Read more, here.

    In 2020, a year categorised by uncertainty and disruption, we wanted to keep you updated about all things banking and finance and we plan to do the same into the new year. If you’d like to have more content like this delivered to your inbox simply subscribe to our monthly newsletter by completing the form below.

     

    No tags.

    Related Post

    • African Expansion – Crucial to the Strategic Growth of ICT Providers

      By Telecomspeak | 0 comment

      ICT service providers generally view an expansion into African countries, other than South Africa, as strategically important for their businesses. Well-established markets on the continent make this an obvious area of growth for major playersRead more

    • The Problem with Roaming: Why Mobile Data Roaming is So Expensive

      By Telecomspeak | 1 comment

      International mobile data roaming costs are increasingly becoming a problem all over the world. With difficult to understand policies and exorbitant fees, many travellers are coming home to some very steep phone bills. Mobile roamingRead more

    • Telkom’s future after a series of challenges

      By Telecomspeak | 0 comment

      Telkom has been going through a rough time of late, last week saw their share price hit a 10 year low when it slumped to R12.28 a share. This more than 40% fall is theRead more

    • Organisations require an innovative and flexible telecommunications market

      By Telecomspeak | 0 comment

      It goes without saying that all businesses, regardless of size, are dependent on effective and reliable telecommunications products and services. It is impossible to imagine how an organisation could function in today’s world without InformationRead more

    • Cloud Computing Considerations

      By Telecomspeak | 0 comment

      Much of today’s telecoms news is focused on cloud computing and the benefits that this technology offers to businesses. One of the greatest benefits that cloud computing is able to offer is to allow theRead more

    • Mobile on the Move

      By Telecomspeak | 0 comment

      A world without mobile technology is impossible to envisage. A world without constantly evolving mobile technology and mobile offerings has also become the norm. Mobile providers have to stay one step ahead of businesses andRead more

    • Considering Telecoms Costs

      By Telecomspeak | 0 comment

      One of the most crucial considerations made when choosing an ICT provider is how cost effective their solutions are. The initial investment must be realistic and affordable, and an organisation must be able to seeRead more

    • The Next Frontier: Enterprise ICT in Africa

      By Telecomspeak | 0 comment

      Enterprise Information and Communication Technology (ICT) is a significant part of any ICT service provider’s portfolio of services. ICT suppliers not only have to offer effective, innovative and reliable products and services, they must alsoRead more

    NextPrevious

    Search

    Archive

    Recent Posts

    • What is cloud wastage and how to avoid it
    • Breaking down the ‘Internet of Things’ in 2021
    • What 2021 holds for the Chief Financial Officer
    Follow @onenebula

    Like us on Facebook

    Nebula

    Contact Us

    Western Cape

    Email: ContactUs@nebula.co.za
    Tel: +2721 555 3227
    Address: 22 Park Lane, Century City, Cape Town, 7446

    Gauteng

    Email: ContactUs@nebula.co.za
    Tel: +2712 661 0400
    Address: Unit 1001, 1st floor, 267 West Street Building, 267 West Avenue, Centurion, 0157

    Recent Posts

    • What is cloud wastage and how to avoid it
    • Breaking down the ‘Internet of Things’ in 2021
    • What 2021 holds for the Chief Financial Officer
    • INFOGRAPHIC: How to overcome major cloud migration risks

    Pages

    • About Us
    • Blog
    • Careers
    • Case Studies
    • Consulting & Managed Services
    • Contact
    • Home
    • OneView
    • Pick n Pay Achieves Technology Optimisation Success with Nebula
    • Privacy Policy
    • Resources
    Copyright 2020 OneNebula® | All Rights Reserved | 2004/011655/07
    • About Us
    • Products
    • Industries
      • Professional Services
      • Banking Industry
      • Manufacturing Industry
      • Retail Industry
    • Resources
    • Case Studies
    • Blog
    • Contact
    Nebula