
Earlier today Fiserv announced the acquisition of First Data in an all-stock transaction, implying the equity value for First Data of $22 billio…
Subject to reasonable use.
Earlier today Fiserv announced the acquisition of First Data in an all-stock transaction, implying the equity value for First Data of $22 billio…
Ninety percent of Fortune 1000 companies engage in some degree of external IT services. The increase in these engagements is to a large extent t…
Watchlist screening has become the most-scrutinized area of AML compliance, and the area that has been hit with the most outsized fines by regul…
Anti-money laundering software continues to evolve. Solution providers have been responding to demands for new functionality driven by financial…
About a year ago, I decided to embark on a journey of researching vendors and service providers in card management and transaction processing (C…
On January 14 Fiserv announced that it closed the acquisition of the equity of Open Solutions for $55 million. At this size the deal was not sub…
It's been a really busy week on the M&A front - S1/Fundtech, Intuit/Mobile Money Ventures, and now Fiserv/Cashedge. Yesterday, Fiserv announced…
Remote cash capture (RCC) is the deployment of secure, validating currency accepting and recycling equipment (aka smart safes) at merchant locat…
San Francisco, CA, USA October 9, 2007 Over the next decade, financial institutions will differentiate themselves based on their customer profit…
San Francisco, CA, USA January 17, 2006 An Analysis of Factors Paving the Way 2006 will be a breakthrough year for image exchange/share. Celent…
Over the past week, I attended the first in-person Insuretech Connect Asia (ITC Asia) in Singapore since the pandemic, and it was also the first…
Forcht Bank, a community bank operating in Kentucky and Ohio, aimed to strengthen cybersecurity by leveraging managed services. The bank believe…
The colocation market is thriving. Although highly associated with high frequency traders utilizing ultra-low latency trading strategies, exchan…
Not long ago insurers were resistant (or, at best hesitant) to move legacy data and applications to any place outside of the control of their ow…
"Conversions are very risky, painful and are never on-time!"— is this old saying still true for insurance system conversions? Apparently, there…
The market for IT services continues to grow as providers rebound in the wake of the pandemic. On one end, commoditization of technology infrast…
Celent surveyed numerous vendors that provide RPA platforms and/or services to see how RPA is advancing with focus on areas such as process inte…
This year, Celent interviewed 25 chief information officers and senior technology leaders of global market infrastructure (MI) to understand the…
In Insurtech in Asia Series: Evolving Landscape, Changing Innovations in Singapore, we summarize the observations and segment four main areas fo…
In my previous blog, I wrote about the usage of alternative data for health insurance and how this can be enabled by the partnership of the gove…
As the world finally turn the page to a new post-pandemic chapter, the Wealth Management industry has reason for cautious optimism. While much u…
The COVID-19 pandemic has been especially hard on P&C insurers. Along with a large number of natural disasters and severe weather events which c…
COVID-19 presented the global life insurance industry with challenges that have turned into opportunities. New societal realities and customer n…
Technology-driven change is accelerating in the buy side front office according to senior buy side executives who participated in an exclusive C…
The IT services market is dynamic, and vendors active in this market help insurers capture the value of relevant technologies to enhance their d…
2022 will be a critical year in corporate banking. With the impact of the pandemic now largely behind us and today’s customer expectations now c…
Corporate-to-bank channel connectivity is a critical enabler for businesses of all sizes as they expand globally and increase the number of bank…
Last October, the Celent Corporate Banking team published its Technology Trends Previsory, 2022 Edition. In the report, we identified five key t…
Winners in corporate and commercial banking are leaping ahead of the competition by leveraging technology to accelerate digital innovation and g…
While Bank of America’s CashPro app was a nice-to-have mobile channel for clients pre-pandemic, it rapidly transformed into a critical tool for…
The Government of India values the Micro, Small, and Medium Enterprises (MSME) sector as a highly vibrant and dynamic sector of the Indian econo…
Embedded finance is reshaping the way customers engage with financial products and expanding the distribution of tools and services that banks,…
For transaction banking, the sharp downturn in interest rates in 2020 led to a collapse of net interest income on deposits and effectively wiped…
Breakthrough innovations are occurring in cash management thanks to advances in artificial intelligence and machine learning (AI/ML), connectivi…
For transaction banking, the sharp downturn in interest rates in 2020 led to a collapse of net interest income on deposits and effectively wiped…
Transaction banking, including cash management and payments, has been hit hard over the past 18 months. A sharp downturn in interest rates in 20…
The last 18 months have been like no other in recent memory. The COVID-19 pandemic forced everyone, not just those in financial services, to rea…
Much of a bank's corporate banking revenue is attributable to meeting the complex financial operations needs of their business customers, who re…
Much of a bank's corporate banking revenue is attributable to meeting the complex financial operations needs of their business customers, who re…
Serving corporate clients requires banks to offer a dizzying array of products and services to manage working capital, liquidity, investments, a…
2022 will be a critical year in corporate banking. With the impact of the pandemic now largely behind us and today’s customer expectations now c…
Corporate-to-bank channel connectivity is a critical enabler for businesses of all sizes as they expand globally and increase the number of bank…
Last October, the Celent Corporate Banking team published its Technology Trends Previsory, 2022 Edition. In the report, we identified five key t…
Winners in corporate and commercial banking are leaping ahead of the competition by leveraging technology to accelerate digital innovation and g…
While Bank of America’s CashPro app was a nice-to-have mobile channel for clients pre-pandemic, it rapidly transformed into a critical tool for…
The Government of India values the Micro, Small, and Medium Enterprises (MSME) sector as a highly vibrant and dynamic sector of the Indian econo…
Embedded finance is reshaping the way customers engage with financial products and expanding the distribution of tools and services that banks,…
For transaction banking, the sharp downturn in interest rates in 2020 led to a collapse of net interest income on deposits and effectively wiped…
Breakthrough innovations are occurring in cash management thanks to advances in artificial intelligence and machine learning (AI/ML), connectivi…
For transaction banking, the sharp downturn in interest rates in 2020 led to a collapse of net interest income on deposits and effectively wiped…
Transaction banking, including cash management and payments, has been hit hard over the past 18 months. A sharp downturn in interest rates in 20…
Much of a bank's corporate banking revenue is attributable to meeting the complex financial operations needs of their business customers, who re…
Much of a bank's corporate banking revenue is attributable to meeting the complex financial operations needs of their business customers, who re…
Serving corporate clients requires banks to offer a dizzying array of products and services to manage working capital, liquidity, investments, a…
In 2019, the Wells Fargo Commercial Banking and Corporate & Investment Banking groups embarked on a multiyear program to reimagine the customer…
Digital technologies including big data analytics, artificial intelligence, cloud, and APIs have already transformed customer-facing functions a…
Financial institutions are increasingly looking to build and maintain sustainable Anti-Financial Crime (“AFC”) programs that can adapt to variou…
Anti-money laundering (AML) and counter-terrorist financing (CTF) programs are designed around a decade-old compliance-focused model that acts a…
The last 24 months have seen tectonic shifts in cloud adoption and openness to the cloud in financial services. The forces of digitalization, in…
At Celent’s annual Innovation and Insight event, we assembled experts (Dan Tannebaum, Paul Mee, Jamie MacGregor, Rob Norris and Gareth Lodge) fr…
Anti-money laundering (AML) compliance continues to face challenges of efficiency and efficacy. Recent advances in data and analytics can be lev…
With an emerging economy reliant on international, cross-border trade and transactions, Vietnamese banks must operate in line with global indust…
Congratulations to Celent's Model Risk Manager 2022 Award winners: ABN AMRO, BNP Paribas S.A., DBS Bank, Fincare Small Finance Bank, Forcht Bank…
Celent estimates that financial industry spending on AML-KYC compliance information technology (IT) and operations will reach US$37.1 billion gl…
The Risk team at Celent has regular conversations with industry participants to identify the technology and operational challenges they are faci…
Regtech Solution Briefs are a new report series designed to provide Celent research clients with timely updates on regtech solutions and strateg…
The specialized technology that supports risk management functions has traditionally been supplied by internal development teams as well as by e…
In the last five years, developments in next generation technology such as artificial intelligence (AI) and machine learning (ML) have advanced…
Growing regulatory scrutiny, continuously changing watchlists, and the complexities of an increasingly interconnected and international financia…
Combatting financial crime in the digital era will require financial institutions (FIs) to strengthen and widen their adverse media screening co…
It’s no secret that banks’ adoption of public cloud has been proceeding faster than anyone (including us, honestly) predicted two years ago. Whe…
About the Interview: We chatted with Jeffrey Severjin, Chief Technology officer of five°degrees, about its °neo core banking engine. About five°…
About the Interview: We chatted with Travers Clarke-Walker, Thought Machine's Chief Marketing Officer, about its core banking system Vault. Abou…
About the Interview: We chatted with Michael Haney, Head of Digital Core for Technisys, about Cyberbank, the firm's Digital Engagement accelerat…
About the Interview: We chatted with Vishal Dalal, CEO U.S., Europe, and Asia, about Pismo's core banking platform. About Pismo Pismo is a techn…
About the Interview: We chatted with Raju Daryani, EVP & Head of Digital Core at Intellect Design Arena, about the firm's strategy and offerings…
About the Interview: We chatted with Javier Bucheli, SVP at CobisCorp, about the COBIS Digital Platform. About CobisCorp Our mission is to empow…
About the Interview: We chatted with John Weinkowtiz, Finastra's VP & Global Head of Product Marketing for Universal Banking, about the firm's c…
About the Interview: We chatted with Dennis Gada, Infosys' Head of Financial Services for North America, about the Infosys Cobalt Financial Serv…
Core banking system technology has changed more in the last 5 years than it had in the previous 20. Market dynamics are shifting as new core sys…
On May 4, 2022 Intercontinental Exchange, Inc. (ICE) announced that it entered into a definitive agreement to acquire Black Knight, Inc. (“the t…
Solarisbank is Europe's leading Banking-as-a-Service (BaaS) platform founded by a group of fintech experts from FinLeap. As a technology company…
The marketing statements of financial institutions have for years touted“customer-first”, “customer 360”; and “omnichannel communications” to de…
As analysts, we often get invited to speak at various conferences and client events. It is a privilege we don't take for granted, and always str…
The last 18 months have been like no other in recent memory. The COVID-19 pandemic forced everyone, not just those in financial services, to rea…