Welcome to The New Era of Democratized Banking

Welcome to The New Era of Democratized Banking

More than ever, power lies in the hands of the customer. Digitally savvy consumers are driving banking evolution, forcing banks to operate like technology companies in an age of neobanks and AI-based solutions.  Ellis Wang, Head of Technology, Transformation, and Information at ‎Mashreq Bank explains why it’s ‘do-or-die’ for legacy banks.

Developing a Digital DNA

Developing a Digital DNA

Digitalisation has become the cornerstone for financial services in any market but, in the race to digitise offering, many banks lack the speed, agility and creativity typically seen from fintechs. Sberbank has succeeded by making technology part of its DNA, said Kirill Tsarev, Deputy Chairman of Sberbank’s Executive Board.

Georgia – Strategic Hub for Business & Investment

Georgia – Strategic Hub for Business & Investment

For centuries, the small European country of Georgia has been a strategic hub between East and West, going back to the famed Silk Road trading route.

Today, Georgia consistently ranks as one of the most business-friendly countries in the world, attracting companies in diverse industries, including electronics, automotive and airplane parts manufacturing, IT and business process outsourcing.

Redefining Trade Finance

Redefining Trade Finance

Widespread supply chain disruption during the pandemic put a spotlight on outdated trade finance processes. Now, corporates focused on digital transformation are redefining the financial supply chain as a resilient trade ecosystem, according to Sriram Muthukrishnan, Group Head of Trade Product Management, at DBS.

Beyond Digital Transformation

Beyond Digital Transformation

One of Russia’s top providers of digital corporate banking solutions, Sberbank created a comprehensive business banking ecosystem driven by AI and big data.

Anna Loevskaya, Sberbank’s Director of Digital Corporate Banking, discusses the bank’s strategy for rising digital demand, self-service digital UX, and omnichannel integration, and how Russia’s largest bank is fast becoming one of its leading tech innovators. 

Request to Pay Revolutionizes Real-Time Payments

Request to Pay Revolutionizes Real-Time Payments

The global payment landscape is experiencing a revolution with the introduction of real-time banking, the rise of digitalisation and new customer expectations. The new Request to Pay messaging service will transform the payments industry and increase usage of real-time payments, offering greater speed, flexibility and control and enhancing the payee and payer relationship.

CIB Egypt: Calm at the Center of the Storm

CIB Egypt: Calm at the Center of the Storm

As the COVID-19 crisis emerged, CIB Egypt was ready with a comprehensive pandemic strategy to ensure business sustainability and protect the health and safety of its staff, customers, & community. Mr. Hussein Abaza, Chief Executive Officer and Board Member of CIB Egypt, explains how vision, resilience & innovation made it a model for how to live and work safely in the pandemic.

Supporting the Growth in Agribusiness Across Africa – Q&A with Standard Bank Group

Supporting the Growth in Agribusiness Across Africa – Q&A with Standard Bank Group

According to a recent McKinsey research report, more than 60 percent of the population of sub-Saharan Africa are smallholder farmers, about 23 percent of sub-Saharan Africa’s GDP comes from agriculture and that Africa could produce two to three times more cereals and grains, which would add 20 percent more cereals and grains to the current worldwide 2.6 billion tons of output. Similar increases could be seen in the production of horticulture crops and livestock.