Highlights: Traditional financial institutions are adopting cloud technology to stay competitive in a landscape disrupted by agile FinTechs, relying on the cloud for innovation and efficiency. However, 94% fall prey to overspending. Implementing FinOps practices...
Highlights: In the process of transitioning their operations to the cloud, the BFSI industry must tread carefully to avoid significant missteps that could result in unfavorable financial outcomes. A 2022 study conducted by RightScale found that a concerning 32% of...
Picture this: you’re navigating through stormy economic waters, trying to keep your financial ship afloat amidst the turbulence of a recession. Every decision you make is crucial, and the last thing you need is a costly investment that could sink your chances of...
Hold on to your hats, because the digital banking industry is taking the world by storm! From its humble beginnings to its current state, digital banking has revolutionized the way we handle our finances. Thanks to smartphones, mobile banking has taken off,...
The term “banking” did not exist before 1640, but safe-keeping and saving were common practices in the Babylonian temple as early as 2000 B.C. Empires required a mechanism to pay for foreign products and services with something that could be easily...
