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Banks and Insurance Companies Struggle with Outdated Networks – Modernization Urgently Needed

Digitalization in finance is increasingly putting the IT infrastructure of many companies under scrutiny. Wide area networks (WANs), in particular, which play a key role in connecting distributed locations, are proving to be outdated and overwhelmed in many cases. This is the finding of the recent study "Future-Proof Networks for Business"... The article "Banks and Insurance Companies Struggle with Outdated Networks – Modernization Urgently Need…Read Article

Money Wise: A Compelling New Way To Transact For Globetrotting Indian

India is at the forefront of digital transactions. Demonetisation may be a fading memory, but one of its lasting effects is the propensity of the average Indian to use the National Payments Corp's Unified Payment Interface — popularly known as UPI. A development this week could signal a true global coming of age of the technology.US-based online payment service provider PayPal announced on Wednesday that it had tied up with the NPCI to integrate…PayPal · India See the Story

Wero: Now Also at Deutsche Bank

Deutsche Bank will be one of the first partners to enable Wero payments for customers, thus fully supporting the European payment solution. The bank announced this in a press release. Shortly after Wero's official market launch in Germany, the corporate bank's Merchant Solutions division will begin accepting payments via the... The article "Wero: Now also at Deutsche Bank" first appeared on IT Finanzmagazin.Germany · Germany Read Article

Sparda-Bank Bw: Core Bank Switch to Atruvia Went Better than Planned

Sparda-Bank Baden-Württemberg has successfully switched to Atruvia's core banking system. Not only as planned, but also significantly faster than anticipated. According to a spokesperson, all applications are available again, card payments are largely possible without restrictions, and the new online banking system has been live since the morning of July 28th. The relevant... The article Sparda-Bank BW: Core banking switch to Atruvia went better…Stuttgart, Germany · Stuttgart Read Article

Die Bayerische and Muffintech Launch Pilot Project for Property Policy with Ai Support

The insurance group die Bayerische (website) and the tech startup Muffintech (website) are launching a joint pilot project to simplify the digital application process for property insurance using artificial intelligence. The focus is on the AI assistant LEA, which supports customers through the application process and answers questions in a chatbot-style format. The first step will be... The article "Die Bayerische and Muffintech launch pilot pr…Startups · Munich Read Article

Legacy Kills Payment: Why Modern Frontends Are Useless when the Back Office Runs on Dos

Real-time payments, digital wallets, and new players like Apple Pay are rapidly transforming payment transactions—and putting banks under massive pressure. While cash is currently still the most commonly used payment method in Germany, the trend is moving toward digital payments. Between 2021 and 2023, the use of smartphone payments tripled. At the same time,... The article Legacy kills payment: Why modern frontends are useless when the back off…Germany · Germany Read Article

Wero Reaches 1 Million Activations Among Sparkasse Customers

About a year after the official market launch of the European mobile payment system Wero, more than one million savings bank customers have activated the service. This was announced by the German Savings Banks Association (DSGV). The brand is considered an important milestone for the new system, which is supported by the European Payments Initiative (EPI). The article "Wero reaches 1 million activations among savings bank customers" first appear…Germany · Germany Read Article

Digital Sovereignty vs. Sovereignty Washing – How Independent Is Cloud Really in Europe?

Many European cloud offerings promise independence, but real digital sovereignty demands more than a data center in the EU. IT managers need to strategically evaluate and actively manage technological dependencies. The term "digital sovereignty" has arrived in many IT strategies, not least through the discussion about Cloud Act, Gaia-X and NIS-2. But what does it mean in everyday business? Is it enough to rely on a European cloud provider? Or to…Sovereignty · Germany See the Story

a.s.i. Wirtschaftsberatung Relies on Platform Technology From Smart Insurtech

A.S.I. Wirtschaftsberatung is intensifying its collaboration with technology service provider Smart InsurTech. To achieve this, it says it is migrating a large portion of its IT landscape to Smart InsurTech's platform technology. Until now, A.S.I. primarily used Smart InsurTech's consulting technology. After the complete migration, A.S.I. will also implement the broker management program, including document management... The article "A.S.I. Wirt…Germany · Germany Read Article

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Top IT Finanzmagazin News

Europe Urgently Needs Regional Hyperscalers

Filleting Processes: Recipe Ideas for Reuse

Banks and Insurance Companies Struggle with Outdated Networks – Modernization Urgently Needed

Money Wise: A Compelling New Way To Transact For Globetrotting Indian

Wero: Now Also at Deutsche Bank

Sparda-Bank Bw: Core Bank Switch to Atruvia Went Better than Planned

Die Bayerische and Muffintech Launch Pilot Project for Property Policy with Ai Support

Legacy Kills Payment: Why Modern Frontends Are Useless when the Back Office Runs on Dos

Wero Reaches 1 Million Activations Among Sparkasse Customers

Digital Sovereignty vs. Sovereignty Washing – How Independent Is Cloud Really in Europe?

a.s.i. Wirtschaftsberatung Relies on Platform Technology From Smart Insurtech

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Money Wise: A Compelling New Way To Transact For Globetrotting Indian

Wero: Now Also at Deutsche Bank

Sparda-Bank Bw: Core Bank Switch to Atruvia Went Better than Planned

Die Bayerische and Muffintech Launch Pilot Project for Property Policy with Ai Support

Legacy Kills Payment: Why Modern Frontends Are Useless when the Back Office Runs on Dos

Wero Reaches 1 Million Activations Among Sparkasse Customers

Digital Sovereignty vs. Sovereignty Washing – How Independent Is Cloud Really in Europe?

a.s.i. Wirtschaftsberatung Relies on Platform Technology From Smart Insurtech