Zafin Blog

Ever wonder exactly how you can use technology to improve your bank? Check out our use cases to see how Zafin can be used to make banking a lot better.

  • Transactional FX and international money transfers: A strategic pricing approach to (re)capture market share

    Transactional FX and international money transfers: A strategic pricing approach to (re)capture market share

    Sibos 2019 blog series The global cross-border payments and international money transfers market is attracting a lot of attention these days. Strong growth and rapidly changing market dynamics...

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  • The new abnormal: Three pricing implications for banks in a low (and negative) interest rate environment

    The new abnormal: Three pricing implications for banks in a low (and negative) interest rate environment

    Sibos 2019 blog series So it appears as though the “new abnormal” of low (and negative) interest rates is with us for the foreseeable future. On July 31, for the first time in a decade, the U.S...

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  • Great Promotion Governance Means Great Customer Relationships

    Great Promotion Governance Means Great Customer Relationships

    Offering a great promotion can be an excellent way to drive new business and deposits for your bank. In fact, more and more customers are expecting lucrative offers if they’re going to leave their...

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  • Why Modernizing Your Bank’s core Needs FinTech

    Why Modernizing Your Bank’s core Needs FinTech

    Some customers might be surprised to learn just how old the technology is that powers their banking transactions. The software that keeps our financial system running is sometimes decades old —...

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  • The First Three Steps You Need to Take for Digital Transformation at Your Bank

    The First Three Steps You Need to Take for Digital Transformation at Your Bank

    Every bank knows that it needs to prepare for digital transformation. The old ways of doing business are no longer cutting it for banks that want to build (and retain) their client base. It might...

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  • Why Banks Need to Adopt a Data Driven Approach to Customer Retention

    Why Banks Need to Adopt a Data Driven Approach to Customer Retention

    Driving new client relationships (and ultimately more deposits) is at the core of most retail banks’ strategy. With the right incentives and rewards, you can attract customers of the right quality...

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  • Buying Into the Buzzwords: Three FinTech Term Definitions (Part 3)

    Buying Into the Buzzwords: Three FinTech Term Definitions (Part 3)

    The FinTech and banking worlds are absolutely chock full of buzzwords that people use in place of lengthy (and at times, vague) descriptions. We’ve written two posts defining some popular ones...

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  • What Does Gen Z Want from Their Banks?

    What Does Gen Z Want from Their Banks?

    It’s safe to say that in banking, as in other industries, companies were slow to solve the mystery of the new (well, old-new) generation of consumers, Millennials. Now, in the waning heyday of...

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  • 3 Ways Artificial Intelligence is Already Changing the Way We Bank

    3 Ways Artificial Intelligence is Already Changing the Way We Bank

    Artificial intelligence is the stuff of science fiction. Or it used to be anyways. Now, applying machine learning, technology companies are using artificial intelligence to reshape a panoply of...

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  • The Power of Personalized Banking

    The Power of Personalized Banking

    You open Spotify, and there’s a custom playlist for your listening pleasure. Go to Amazon, and there’s a myriad of product suggestions based on your previous purchases. Head over to Netflix, and...

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  • Home

    Home

    The post Home appeared first on Zafin.

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  • What People Get Wrong About FinTech and Banking Partnerships

    What People Get Wrong About FinTech and Banking Partnerships

    There was a time, not too long ago, where industry experts and the media alike touted the rise of financial technology companies as a risk to banks and traditional financial institutions. Words...

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  • How an Omnichannel Strategy Ensures Bank Customer Freedom

    How an Omnichannel Strategy Ensures Bank Customer Freedom

    Having strong digital channels is an essential component of any bank’s strategy. Of course, it’s only one part of a more comprehensive omnichannel strategy — one that demands quality products to...

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  • The Importance of Digital Transformation for Community Banks

    The Importance of Digital Transformation for Community Banks

    “Digital transformation” — yes, it’s a buzzword. No really, we even included it in a list of common FinTech buzzwords. But it’s also a very real revolution taking place in the finance industry,...

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  • Deposit Dilemmas: Why Banks are Chasing Deposit Growth

    Deposit Dilemmas: Why Banks are Chasing Deposit Growth

    Banks are some of the oldest, most established institutions on Earth. And they didn’t get that way by rocking the boat too much, or leaping at every fad that came along. So when these glacial...

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  • Converting on the Currency of Now: Key Takeaways from CBA LIVE 2019

    Converting on the Currency of Now: Key Takeaways from CBA LIVE 2019

    Connecting with the customer through technology was the key theme at this year’s CBA LIVE. While the importance of technology has climbed year over year, the initial forays of Amazon, Google, and...

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  • The Apple Card and the Future of Big Tech in Banking

    The Apple Card and the Future of Big Tech in Banking

    It didn’t exactly come as a surprise to us when Apple announced they were diving headfirst into the financial industry with their “Apple Card” — a credit card being issued through Goldman Sachs...

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  • The Apple Card and the Future of Big Tech in Banking

    The Apple Card and the Future of Big Tech in Banking

    It didn’t exactly come as a surprise to us when Apple announced they were diving headfirst into the financial industry with their “Apple Card” — a credit card being issued through Goldman Sachs...

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  • Is a Legacy Core System Holding Your Bank Back?

    Is a Legacy Core System Holding Your Bank Back?

    Big banks have a big problem. The foundation upon which their technology is built is old, finicky and difficult to maintain. These legacy core systems are ludicrously expensive to replace and...

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  • Digital Transformation: Empowering Community Banks with Cross Selling

    Digital Transformation: Empowering Community Banks with Cross Selling

    While the big banks have the luxury (and finances) to consider elaborate, technology-driven schemes to entice high-end customers, few smaller financial institutions like credit unions and...

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