Financial industry news

In today’s digital banking landscape, push notifications are no longer a secondary channel—they’ve become a critical layer of customer interaction. By 2025, the most innovative banks don’t just inform; they anticipate, guide, and enable real-time actions. Push has evolved into a strategic tool that builds trust, drives digital adoption, and strengthens the customer relationship. How […]

Digital presence has become a key pillar for banks in how they connect with customers. In this context, WhatsApp Business stands out as one of the most widely used tools by financial institutions to provide information, answer questions, and support customers in real time. Starting July 1st, 2025, this channel will undergo a significant change: […]

Bank branches continue to play a key role in customer service, but long wait times remain a challenge for both financial institutions and their clients. Despite the rise of digital banking, many customers still visit branches for specific transactions, leading to crowding and a less-than-ideal experience. Reducing branch traffic not only improves operational efficiency for […]

The use of SMS messages has become a cornerstone for urgent notifications, two-factor authentication, personalized promotions, and real-time customer support. However, to fully capitalize on these benefits, financial institutions must choose an SMS provider that meets their rigorous requirements and standards. In this article, we’ll delve into the essential factors banks should consider when evaluating […]

The banking industry is undergoing a profound digital transformation, driven by changing consumer expectations, advancements in emerging technologies, and increased competition within the financial sector. Digital maturity has become a strategic priority for banks, extending beyond simply adopting new tools: it involves the ability to coherently integrate technology into every process, improve operational efficiency, and […]

The Challenge of Competing in the Digital Age The rapid rise of fintechs, big tech companies, and digital-first challenger banks has fundamentally reshaped the financial industry. These new entrants have set a high standard for customer experience, offering seamless, user-friendly digital services that are tailored to individual needs. For traditional banks and credit unions, the […]

The Rise of Customer-Centric Banking Customer expectations are reshaping the way banks operate. The era of banks focusing solely on products and services is giving way to a new paradigm—customer-centric banking, where the customer’s needs, preferences, and behaviors take center stage. This shift is driven by several factors: Digital transformation: With digital banking on the […]

The Shift in Customer Experience (CX) Banks have traditionally focused their customer experience efforts on digital platforms, but recent trends highlight a critical gap: customers spend only a few minutes each day on these platforms. The vast majority of a customer’s financial life occurs outside these digital spaces, and banks are missing opportunities to connect […]

Customer satisfaction isn’t just a buzzword in the banking industry—it’s the difference between a loyal customer base and one quick to jump ship to a competitor. With more options than ever, especially with the rise of digital-first banks and fintechs, customers expect more from their financial institutions. They want personalized service, seamless experiences across all […]

In banking, the ability to respond swiftly to customer actions and market fluctuations is crucial. Traditional systems often fall short due to their reliance on periodic updates and batch processing. This is where Event-Driven Architecture (EDA) comes into play. EDA enables banks to react in real-time to various events such as customer transactions, security alerts, […]