Technology has become the beating heart of the banking industry, transforming how banks serve their customers and manage daily operations. With global banking IT spending projected to reach $761 billion by 2025, the stakes are high for banks to invest wisely in emerging technologies.
Digital transformation in finance has evolved from a mere technology upgrade to a crucial business strategy essential for meeting consumer demands, driving innovation, and ensuring sustained competitive growth. As financial institutions grapple with evolving customer expectations, regulatory changes, and technological advancements, the integration of digital solutions has become imperative.
In the rapidly changing financial technology domain, fintech startups emerge as frontrunners, revolutionizing traditional financial systems with innovative technologies. As the global demand for cutting-edge financial services continues to surge, the necessity for strategic guidance becomes increasingly critical. This blog will delve into the indispensable steps required to launch and sustain a thriving fintech startup.
Sipod’s Business Process Management Platform is an innovative tool that can help organizations to streamline their digitalization journey and optimize their business processes. With its BPMN 2.0 and DMN standards, the platform allows for the automation of complex decision-making processes, providing real-time visibility into performance, bottlenecks, and opportunities for improvement.
The banking and financial industry has significantly transformed over the past decade. The increasing demand for mobile and online banking services, coupled with the tech-savvy nature of today's customers, has reshaped the expectations for convenience, speed, and accuracy in every banking transaction.
We are thrilled to announce the successful implementation of our innovative BPM platform within OTP Bank, a prominent financial institution. The partnership signifies a significant milestone for us, as it solidifies our reputation as a trusted software partner and highlights the value of our platform in managing and orchestrating complex origination processes.
