GenAI: The new face of banking disruption : Banking Trends & Figures 2024
PwC I 10:46 am, 11th December
The adoption of Generative AI (GenAI) presents banks in Luxembourg with a unique challenge, distinct from any technological disruption they have encountered before—whether it be the internet, open banking blockchain, or cloud migration. Unlike these past innovations, which gradually reshaped the banking sector, GenAI is revolutionary in both its nature and its rapid pace of adoption. While historical parallels can be drawn with these previous innovations, the transformative potential of GenAI in the banking landscape earns it a spot as the new face of banking disruption.
Driving Digital Transformation in Banking: ERI’s OLYMPIC Banking System is Shaping the Future of Financial Services
Michaël Renotte I 2:29 pm, 8th November
In an era of rapid technological advancement, the banking industry finds
itself at a critical crossroads. As financial institutions strive to meet
evolving customer expectations, comply with stringent regulations, and fend off
disruptive competitors, IT transformation has become more than a buzzword -
it’s now essential for survival and growth.
Banking Trends and Figures 2023 - Technology: an enabler or a threat?
PwC I 11:02 am, 28th September
PwC Luxembourg is proud to announce the
publication of its report: “Banking Trends and Figures 2023 Technology: an enabler or a
threat?” Highlights were discussed at the
dedicated “Banking Back to Work Get Together”, held on 26 September 2023.
LHoFT x The DOTS - Interview Newcomers: Mopso
LHoFT I 9:53 am, 16th June
Andrea Danielli, CEO ofMopso,a startup helping financial institutions by making regulatory compliance in anti-money laundering less burdensome and more effective answered our questions about Mopso DNA and the journey leading to its creation.
Advanzia Bank lance la carte de crédit Mastercard Miles & More de Lufthansa en Italie
Advanzia Bank I 8:30 am, 8th May
Miles & More, le plus grand programme de voyageurs fréquents et de
fidélisation d'Europe, élargit son offre aux membres du programme en Italie. En
collaboration avec Advanzia Bank, Miles & More lance une carte Gold
Mastercard Miles & More, offrant ainsi à ses membres une nouvelle
possibilité de cumuler des Miles en plus des ceux obtenus en voyageant avec des
compagnies aériennes partenaires, parmi lesquelles les plus grandes compagnies
européennes telles que Lufthansa, SWISS et Austrian Airlines. Les titulaires de
la carte peuvent échanger des Miles pour réserver des billets Prime, pour
surclasser leurs vols ou pour accéder à de nombreux autres avantages offerts
par plus de 200 partenaires dans le monde entier.
CSOFTWARE leverages LUXHUB’s open banking-powered solutions
LUXHUB I 9:03 am, 4th May
LUXHUB, the Open Banking pioneer based in the heart of Europe, today announces that CSoftware is now efficiently leveraging several of its Account Information and Payment Initiation Services. In its continuous process of supporting clients in their digitization, CSoftware is therefore adding financial data aggregation and payment modules to its FERA platform.
Breaking news : Closure of Silicon Valley Bank
SVB I 9:01 am, 11th March
The American bank SVB Financial Group, which owns Silicon Valley Bank, saw its shares fall by 60% on Thursday after announcing losses of $1.8 billion from selling investments. As a result, the bank caught the attention of American authorities, who announced on Friday that they had closed the Silicon Valley Bank, a bank known for being close to the tech industry and which had suddenly found itself in trouble.
Digital Banking Maturity: Gap between best and the rest widens
Deloitte I 3:53 pm, 18th October
Banks that strive to be leaders must offer more than just traditional financial services to their clients. According to the new Digital Banking Maturity report released by Deloitte, only 10% of the 304 retail banks assessed worldwide are digital champions. Those banks provide a wide range of functionalities relevant to customers, ensuring a compelling user experience that sets them apart from the rest. In Luxembourg, digitalization of the banking sector has progressed, yet remains below the global average.
Banking Trends and Figures 2022: The Payment Revolution - an opportunity to enhance Banks’ Digital Transformation
PwC I 3:35 pm, 7th October
PwC Luxembourg is proud to announce the publication
of its Banking Trends & Figures 2022 report: The Payment Revolution - an
opportunity to enhance Banks’ Digital Transformation
