Global Finance’s Publisher and Editorial Director Joseph Giarraputo speaks with Admassu Tadesse, Group Managing Director & CEO of the Eastern and Southern African Trade and Development Bank – TDB. They discuss the development and status of TDB, the bank’s trade finance expertise across Africa including pioneering the use of a blockchain solution, and TDB’s response to the Covid-19 pandemic.
Digital banking is essential for reaching Africa’s underbanked markets, says Commercial International Bank (CIB) Egypt’s Chief Operating Officer, Mohamed Sultan. He discusses the competitive advantage of its digital platform as it expands in Africa and explains how early digital adoption helped the bank thrive during the pandemic.
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.
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.
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.
Widespread supply chain disruption during the pandemic put a spotlight on outdated trade finance processes.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.
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.
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.