Why most digital banking transformation efforts have stalled

first_imgDigital transformation is growing more pervasive in every banking organization, moving beyond “projects” to organization-wide initiatives involving technology, product development, business models and culture. Budgets are increasing as organizations are finally updating legacy systems and ownership of the process is moving up the organization structure.While the potential benefits of digital technologies are well documented and accepted by a majority of bank and credit union leaders, the deployment of digital banking transformation does not appear to be keeping pace, according to the Digital Banking Report, “State of Digital Banking Transformation.” This is concerning, given that the pervasiveness of required digital transformation is moving beyond the IT area of banking to include virtually all areas of the organization.Highlights of this report, sponsored by Pega:Digital banking maturity is very low in retail banking, with only 12% of firms indicating that they are “leaders.”There is a very strong correlation between innovation leadership and digital transformation leadership in retail banking. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Gervais Cultural and Tourist Center opened in Opatija

first_imgAfter a decade of waiting, Opatija got a facility without which tourist progress cannot be imagined. The Gervais Cultural and Tourist Center was opened, a multifunctional complex intended for all generations and cultural tastes, and the entire investment amounted to HRK 41,5 million. Construction of the center where ‘culture and congresses meet under Učkun’ began in September 2015, on the site of a former Opatija cinema that was demolished to create space for a new building. On the ground floor of the center is a large foyer and a small hall that can accommodate about 300 visitors. On the first floor is the Great Hall with 493 built-in seats intended for more demanding theater and concert productions, cinema screenings and congress events. In the basement there is a club space with a separate entrance that can accommodate about 1000 visitors.With the new Gervais polyvalent center and the Summer Stage, which is often called the ‘pearl of the Mediterranean’ due to its unique architectural identity, symbiosis of greenery and stone and its position on the ‘green peninsula’ of Angiolina Park, we can finally say that culture in Opatija lives on.KC Geravis is an extremely important new space and added value for Opatija for both the cultural and the congress segment.last_img read more

Big Guns Take to Stage at ITTF Nigeria Open

first_imgHome boy and defending champion, Aruna Quadri, has put the disappointment of the ITTF Africa Cup behind him. He would aim to emulate Egypt’s Omar Assar as the only player to have defended his title at this tournament.During the opening press conference on Tuesday August 6, Quadri, who is seeded number one in the men’s singles, said he would not be playing under any pressure as he aims to give his best and make Nigeria proud.Also in for the title is Belgium’s Cedric Nuytinck from whom many fans here expect surprises because aspects of his play appear unconventional even as he is famous for being a player for the big occasion such as the Nigeria Open.Slovenia’s Bojan Tokic, known in table tennis fandom as “the gentle giant”, is also here. The 38-year-old Slovak is expected to delight with his tricky style of play which usually confuse opponents.Robert Gardos, 40, is considered one of the hardest working players in the world even at that age. Gardos, a finalist at the 2019 Hungarian Open, is another star to watch out for here.In the women category, Slovakia’s Barbora Balazova leads the pack as the Southpaw aims for a title away from Europe.On the pecking order is Russia’s Polina Mikhailova. The 32-year-old is looking for her first title in Africa.African champion and winner of the just concluded ITTF Africa Cup, Dina Meshref, hopes to reclaim her title this year, having missed the 2018 edition.25-year-old Yana Noskova will want to use the tournament to shape up for the European season, even as the Russian would aim to garner points qualification to the Tokyo 2020 Olympic Games in Japan.All 32 seeded players in the men and 16 seeded in the women singles will be in action.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Top seeds in the men and women singles will take to the table today as the main draw of the 2019 ITTF Challenge Plus Nigeria Open enters the third day – after the preliminaries in which unseeded players slugged it out to eliminate each other for places in the main draw.These upcoming players in the game would now test their mettle against some of the top seeds in the first round of the tournament.Excitement continues to build among thousands of fans thronging the Molade Okoya-Thomas Hall venue of the tournament inside the Teslim Balogun Stadium in Lagos.Seven titles are at stake in this elite tournament on African soil with $60,000 prize money up for grabs.last_img read more