Blog

November 15 , 2017

Applying the brakes to the runaway train of technical debt

In 2008 the hubris of the financial sector that we serve finally caught up with itself. Mountains of consumer debt that had been packaged, re-sold and deferred turned out to be unserviceable and the whole edifice came tumbling down. Now commentators are asking whether any lessons have really been learned as consumer debt in some western economies starts to climb again....

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June 13 , 2017

Payments revolution at Money 20/20 Europe 2017!

In today's connected world there are several opportunities for banks and financial institutions to increase the level of engagement with the end customers and businesses. The role of mobile and social media is significant, driven largely by the millennial generation while followed by the rest of us....

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February 22 , 2017

The Payments Switch - A Complex Fabric of Business and Technology

Payments switch is a complex fabric of functionality and technology, intricately woven to provide a solid platform. With the intent to deliver high throughput & resilience to the ever-changing field of payments services. From a bird’s eye view, it might seem as if payments switch is a generic platform used to transform...

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September 7 , 2018

FinTech has arrived in Scotland: Investing in skills will make sure it stays

Historically, among the many things Scotland is applauded for, financial services and innovation sit as two of its longest-standing and best-known accomplishments. The recent visit from Ivan McKee MSP, the Minister for Trade, Investment and Innovation, demonstrates the extent to which this assertion is true....

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October 3 , 2018

Regional update: Renovite’s been busy in the Middle-East & Africa

It has been an eventful period for the team in the Middle-East & Africa with a number of standout moments and activities. Issa Keshek, regional manager for the area, shares his thoughts....

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October 15 , 2018

The case for Cloud migration in financial services

Dave Smith, senior product manager, discusses the case for cloud migration in financial services....

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December 11 , 2018

Facts speak for themselves: a lack of innovation in financial services is failing society

As you may have read, recently published findings from consumer charity Which? have revealed consumers are not happy about the number of bank branch and ATM closures we’re seeing....

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December 18 , 2018

Renovite launches first Fintech Skills Academy course: ‘Introduction to Retail Card Payments Business’

You are now able to apply for our: ‘Introduction to the Retail Card Payments Business’ course, the first of its kind and the first course available as part of Scotland’s brand new ‘Fintech Skills Academy’....

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January 24 , 2019

How technology is changing Africa’s banking landscape

With 2019 now in full swing, Issa Keshek considers banking innovation and what we can expect in the year ahead....

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March 14 , 2019

Cashless society and legacy technology; a perfect storm.

In response to the recently published article by The Guardian , “UK cash system ‘on the verge of collapse’, report finds” - a writeup of an independent report called the Access to Cash Review - it is worth emphasising we may be heading toward something far worse when it comes to making payments....

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