NF Innova Summer Collection: Key Insights for Your Digitization Journey

You're accustomed to receiving valuable insights from us about the banking sector. This time, we’ve gone the extra mile to compile a special summer collection just for you. We've gathered important reports and information from diverse sources to guide you on your digitization journey, ensuring you stay informed and prepared for what lies ahead.

Is Your Bank Equipped for the Gen AI Revolution?

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Did you know that according to Gartner, 7 out of 10 Generative AI projects will succeed? However, the road to realizing substantial business value from these initiatives isn’t without its challenges.

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Companies face major challenges in getting the most out of Generative AI, including:

• Poor data quality
• Inadequate risk controls
• Escalating costs
• Unclear business value

Is your bank prepared to overcome these obstacles? How much is your organization investing in Generative AI, and more importantly, do you have a clear strategy in place?

Are you using data for personalization or unique services? How about risk scoring?

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Discover more about the FINTENSE Digital Banking Platform and reach out to us to learn how we can support your journey.

Read the full article

Big Changes Coming to Digital Risk Management for Bank

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The Digital Operational Resilience Act (DORA) is coming in January 2025, bringing significant changes to how banks manage digital risks.

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What You Need to Know About DORA:

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ICT Risk Management: Banks must set up strong systems to manage digital risks, including risks from third-party providers.

Third-Party Supervision: Important ICT providers will be monitored by the EU, making things easier for individual banks.

Incident Reporting and Testing: Banks will need to report digital incidents and regularly test their systems to find and fix any weaknesses.

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DORA’s goal is to standardize how digital risks are managed across the EU, making the financial system stronger.

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At NF Innova, we’re aligning with DORA 2025, ensuring top-tier security and comprehensive management frameworks.

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Not familiar with DORA yet? Find out more.

The Critical Role of Fintech and Bank Partnerships

By partnering with fintech companies, banks can gain a significant competitive edge, using fintech as an extension of their resources. But what should banks consider before choosing a fintech partner? We surveyed bankers to uncover the key factors that matter most.

Discover the top 5 reasons why banks are teaming up with fintech firms.

Download the report

The Value of Digital Banking: 5 Crucial Steps

Why do some digital banks succeed while others struggle? How can digital banking drive real results?

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Our expert team, with deep experience in developing and implementing digital strategies for banks, has created this comprehensive handbook. Inside, we explore the 5 crucial steps that distinguish the most successful digital banks and provide a detailed case study comparing digital banking solutions across various banks.

Download the document.

Our FINTENSE platform, a ready-made cloud-based digital banking solution, ensures rapid time-to-market and scalability by leveraging the latest technology trends. We’re thrilled to be a Finovate 2024 finalist in the Best Customer Experience Solution category.

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If you would like to learn more on how we deliver our Digital Banking platform FINTENSE, please, use ?Calendly link?to schedule a meeting so we can dive into the topic further.