ESG (Environmental, Social & Government) criteria go beyond baseline performance. This acronym represents a call for companies to better their public image, and so better serve and represent everything and everyone they touch. stakeholders, employees, communities, consumers, and the environment. These criteria are essential for the investment environment, especially as the market skews towards younger […]
The financial function of organisations is one of the most important back-office procedures because it generates information such as annual accounts, cash and working capital flows, investments, etc. and other analytical and business data necessary to support decision-making. Before Process Mining, consultants had to ask people individually in order to identify inefficiencies, bottlenecks or weaknesses. […]
05 Dec 2022
Increasing sales in the banking sector differs from other sectors because it is not a transaction of money in exchange for a product or service. Instead, there is a contracting of a banking product commonly known as “upselling”. Even so, it is increasingly common for business models to change so that banks trade products […]
24 Oct 2022
One of the main characteristics of Blockchain technology is the fact that it is decentralised, distributed, programmable and immutable. In other words, there is no owner of the Blockchain, all participants have a copy, it contains portions of code (Smart Contracts) and once something is written, it cannot be deleted nor modified. Its applications are […]
11 Jul 2022
Cloud computing is capable of accelerating innovation and the transformation of companies, including those in the banking sector. This cloud-based technology (instead of its own physical servers) stands out for its low costs, as well as for the speed, agility, and security it offers to banks. It opens up a wider world of possibilities for […]
01 Jun 2022
For some time now, asset managers have been offering sustainability-focused products to meet growing market demand in this area. However, digital investment is becoming increasingly common in Europe, a trend driven by several factors: investor interest, social demands, and the current regulatory environment. Although the European Union is still lagging digitally, this growth indicates its […]
08 Dec 2021
Open Banking and regulations both at the European level and in other regions of the world are driving innovation in the financial sphere and the emergence of new means of payment. Among them is a new type of payment, whose regulation was launched in November 2020 and is called “Request to Pay” or R2P. This […]
17 Nov 2021
Sustainability is increasingly monopolising covers, banners, and an important space in the decision-making process of customers, thus forcing companies to incorporate it into their processes, suppliers, materials, marketing campaigns, etc. However, how is sustainability understood from the world of banking? Which areas can be improved on the environmental or social level? There are many innovations in […]
Banking is a sector that contains enormous amounts of information about its customers, both individuals and companies, and about further data about the environment. Over the years, this information has been very useful for calculating risks, creating new financial products or leading the banks’ strategies. But there is an increasingly popular use which may be beneficial […]
12 Oct 2021