Exploring Growth Opportunities in Modern Banking
Exploring Growth Opportunities in Modern Banking Since its beginnings, the banking business has significantly advanced, and in today’s digital world, it is experiencing a radical makeover. Modern banking offers a wealth of expansion options as conventional banking models undergo continuous change. Banks may use these developments to boost their growth and remain competitive if they […]
Changing Gears: Three Ways Credit Unions Can Transform Digitally
Changing Gears: Three Ways Credit Unions Can Transform Digitally Credit unions have been a staple of the financial industry for over a century, offering consumers alternatives to traditional banks with their community-based approach to financial services. Digital transformation is a key part of this adaptation process, as credit unions must recognize the need to […]
MC Systems signs MOU with JAMFIN to enhance the capability of microfinancing institutions
Financial inclusion has been at the forefront of MC Systems’ (MCS) subsidiary Phoenix International’s commercial operations. The financial technology platform, which serves customers primarily in the Caribbean and Latin America, will drive the partnership with The Jamaica Association of Microfinancing (JAMFIN). Phoenix International will supply JAMFIN members with information and content designed to promote microfinance […]
An introduction to Microsoft’s AZURE for financial services
An introduction to Microsoft’s AZURE for financial services The financial services industry is undergoing a digital transformation, with many financial institutions relying on technology to streamline operations, enhance services, and improve the customer experience. One of the key tools driving this change is Azure, Microsoft’s cloud computing platform. This critical component drives the Phoenix International […]
How retail banks can win with customers in 2023
How retail banks can win with customers in 2023 Retail banks provide financial products, namely, credit, deposit, and money management for individuals and families. In recent times, alternatives to traditional banking are placing banks under a harsh spotlight, particularly those that continue to operate using outdated practices and services. An integral part of many […]
INVEST IN INNOVATION
INVEST IN INNOVATION In the 2020s, practically every part of banking will be disrupted by technology due to a shift in the industry’s dynamics. Why exactly has the massive change occurred? First, the generational transition, with Gen-Z and millennials as the most prominent groups, has demonstrated that finance is not static, and without a futuristic […]
PHOENIX INTERNATIONAL FOCUSED ON PROVIDING MODERN DIGITAL BANKING SOLUTIONS IN EMERGING MARKETS
PHOENIX INTERNATIONAL FOCUSED ON PROVIDING MODERN DIGITAL BANKING SOLUTIONS IN EMERGING MARKETS Since 2020, Phoenix International has invested US$7 million in modernising and upgrading our core banking platform to satisfy the needs of financial institutions in the Caribbean and Latin American region. Dmitri Dawkins, Commercial Director, Phoenix International, says the investment is intended to strengthen […]
BANKING IS IN A STATE OF TRANSFORMATION
BANKING IS IN A STATE OF TRANSFORMATION At the risk of becoming obsolete, banking leaders and other finance pioneers are accelerating changes, with hopes of retaining long-standing customers and gaining new ones. At the helm of this transformation are digital channels, with an increased need for convenient services and ‘round the clock’ accessibility. With this […]
SIMPLFYING YOUR BANKING TRANSFORMATION
SIMPLFYING YOUR BANKING TRANSFORMATION We are aware that integrating a contemporary core banking system can require significant time, resources, and labor. Compared to legacy systems, digital channels require more knowledge and understanding than you might possess. However, similar to the process of implementing other business changes, recognizing obstacles can help make transitions and transformations more […]
DELIVERING INNOVATION TO DRIVE CUSTOMER DEMAND
Integrating BaaS Technology and digital innovations are a constant in our everyday lives. Today, almost any task you can imagine has been designed with convenience in mind. This seismic shift has resulted in even the most mundane tasks becoming effortless for customers. Food delivery, ride-sharing apps, and even the flipping of a light switch is […]