Core Banking Systems – Today and Tomorrow
Reliable, Modern, Efficient? Not All of Them In the rapidly evolving landscape of the financial industry, core banking systems play a pivotal role in driving operational efficiency, enhancing customer experience, and ensuring regulatory compliance. In this article, we explore the evolution of core banking technology, examine the leading vendors in the market, and provide valuable […]
AI-Powered Tool to Improve Compliance & Sanctions Screening Process in Banking
In 2023, U.S. banks faced over $33 million in fines for sanctions violations. Financial institutions encounter challenges in sanctions screening for various reasons, including outdated sanction lists and backlogged governmental reports. Recognizing these challenges, Sprinterra has developed a prototype of an AI-powered sanctions screening tool, the AI WatchList Chat, designed to improve and streamline this crucial […]
The Future of Money: The Latest Trends in Banking Software Development
The digital era has brought forth a wave of innovation that has fundamentally transformed various sectors, and banking is no exception. Banking Software Development Companies are at the forefront of this revolution, leveraging cutting-edge technologies to redefine how financial services function. In this blog, we explore some of the latest trends shaping the banking industry, […]