The Global Small Business Blog

FEBRUARY 7, 2023

Ana's company engineers stylish safety shoes and functional apparel for women in STEM and the Trades. Ana holds a degree in International Project Engineering from Reutlingen University in Germany and currently resides in Detroit, Michigan. She'll talk about " Building a Global Brand Beyond 'Shrink It and Pink It'."

Manufacturing 173

Manufacturing Engineering Banking Design 173

The Scalers

AUGUST 16, 2022

CONTENTS The number of available US software engineers Causes for an increase in demand for software engineers Finding a solution to a lack of educated software engineers Problems with software development in the US How many software engineers in the US are needed? By 2024 this number is poised to grow to 28.7

Engineering 92

Engineering Software E-Commerce Offshoring 92

IBM Services

APRIL 20, 2023

Trust is the cornerstone on which the banking industry is built. When consumers lose trust in a bank’s ability to manage risk, the system stops working. Put simply, consumers trust banks to keep their money safe and return the money when requested. But there’s trust on the business side, too.

Banking 70

Banking Government Risk Management Risk Management 70

The Scalers

MARCH 30, 2022

The shortage of software engineers is a barrier to transformation To outsource or offshore? As banks to automotive OEMs, retail chains to food companies — everyone is transforming and becoming software-centric businesses. The shortage of software engineers is a barrier to transformation.

Engineering 85

Engineering Software Offshoring Retail 85

Groove Technology

FEBRUARY 4, 2025

By leveraging an outsourced team, organizations gain access to a diverse global talent pool, encompassing skilled developers, engineers, and IT professionals with expertise in various programming languages, frameworks, and technologies. Our skilled engineers are excellent communicators, fostering transparency throughout the project.

Software 130

Software E-Commerce Outsourcing Reduced Overhead 130

Perficient Digital Transformation

APRIL 20, 2023

The Landscape According to Forbes Advisor: 2022 Digital Banking Survey , as of 2022, 78% of adults in the U.S. prefer to bank via a mobile app or website. blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation).

Banking 69

Banking Marketing Research Design 69

Everest Group

FEBRUARY 2, 2023

With the advent of chatbots reaching human-like sentience and mannerisms, and banks being at the forefront of adopting conversational Artificial Intelligence (AI ), the question arises whether ChatGPT threatens the likes of Google, other AI platforms, and the non-critical workforce in the technology and services industries.

Banking 130

Banking Out-Tasking Insurance Engineering 130

Everest Group

JANUARY 12, 2024

While the future of digital assets was once uncertain, the recent surge in investments, partnerships, and pilot use cases spearheaded by banks and technology giants has laid the doubts to rest. This holds particularly true for cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs).

Banking 162

Banking Retail Insurance Collaborations 162

Groove Technology

OCTOBER 31, 2024

Plus, these teams often work from locations with lower costs, giving you access to top talent without breaking the bank. Instead, you pay for the development work you need, when you need it. This means you can invest more in other critical areas of your business.

Software 130

Software Right-Sizing Offshoring Nearshoring 130

Everest Group

APRIL 13, 2022

According to the data from Everest Group, there are close to 70,000 to 100,000 highly qualified workers in digital engineering and IT skills, who will face disruption. Of this, close to 30,000 are working for third-party service providers across banking and financial services, retail, automobile, and healthcare.

Retail 130

Retail Global Business Services Banking Healthcare 130

Perficient Digital Transformation

NOVEMBER 21, 2024

The Consumer Financial Protection Bureau (CFPB) recently issued a final rule § 1033.121(c) supporting open banking and personal financial data rights. Under this ruling, banks, credit unions, credit card issuers, and other financial service providers must enhance consumer access to personal financial data.

Banking 52

Banking Accounting Regulations Engineering 52

Perficient Digital Transformation

AUGUST 19, 2024

We are witnessing a sea-change in the way data is managed by banks and financial institutions all over the world. Data being commoditized and, in some cases, even monetized by banks is the order of the day. “The Business”, in traditional banks, is treated like a larger-than-life entity that needs to be supported by IT. .

Risk Management 109

Risk Management Risk Management Management Banking 109

Everest Group

MAY 10, 2022

Everest Group’s new rankings reveal top US employers by industry based on their perceived ability to recruit and retain highly coveted software engineers and other tech talent. About Everest Group Everest Group is a research firm focused on strategic IT, business services, engineering services, and sourcing.

Insurance 130

Insurance Banking Research Engineering 130

Perficient Digital Transformation

APRIL 18, 2024

Open Banking is going to do for the banking industry what the introduction of the Apple smart phone did for cell phones. What is Open Banking? Traditionally, banks hoarded financial data, sharing it sparingly on a need-to-know basis.

Banking 52

Banking Regulations Retail Accounting 52

31 West

MAY 3, 2023

Business Email Compromise Phishing Malware Insider Threats Remote Network Vulnerabilities Ransomware Data Exfiltration Social Engineering Man-in-the-Middle Attack Brute-force Attack 1. Social Engineering Attackers may sometimes build employees’ trust in them by creating fake profiles or impersonating a famous person.

Cybersecurity 130

Cybersecurity Engineering Accounting Banking 130

Everest Group

APRIL 12, 2022

The Russia-Ukraine conflict is estimated to impact between 70,000 and 100,000 service professionals in Ukraine, Russia, and Belarus, including highly-qualified workers with digital engineering and IT skills. Eastern Europe hosts several service providers across industry verticals, including Banking and Financial Services (BFS).

Supply Chain Management 130

Supply Chain Management Management Banking Outsourcing 130

Everest Group

APRIL 12, 2022

The Russia-Ukraine conflict is estimated to impact between 70,000 and 100,000 service professionals in Ukraine, Russia, and Belarus, including highly-qualified workers with digital engineering and IT skills. Eastern Europe hosts several service providers across industry verticals, including Banking and Financial Services (BFS).

Supply Chain Management 130

Supply Chain Management Management Banking Outsourcing 130

Perficient Digital Transformation

OCTOBER 24, 2024

The impacts of AI on consumers, banks, nonbank financial institutions, and the financial system’s stability are all concerns to be investigated and potentially addressed by regulators. Hsu discussed the systemic risk implications of AI in banking and finance using a “tool or weapon” approach.

Regulations 52

Regulations Service Banking Cybersecurity 52

Everest Group

AUGUST 3, 2022

How Small Banks Can Accelerate Digital Transformation. It provides a market overview and analyzes areas in which providers have differentiated themselves. We evaluate 33 contingent staffing providers and segment them into Leaders, Major Contenders, and Aspirants based on our comprehensive Everest Group PEAK Matrix® evaluation. Learn More.

Service 130

Service Insurance Engineering Banking 130

Perficient Digital Transformation

NOVEMBER 8, 2021

I went on to create some of the first banking sites and many entertainment websites. I eventually got headhunted to work for City National Bank in Los Angeles. MM: Essentially, you got into banking because of your web development experience? MM: How long were you at the Bank for? Why not give banking customers options?

Service 126

Service Banking Advisory Retail 126

Everest Group

JULY 27, 2023

It specifically focuses on IT staffing, engineering staffing, business and professionals staffing, and industrial staffing. The report provides a comprehensive overview of the market and examines how providers differentiate themselves using the extensive Everest Group PEAK Matrix® as a benchmark for analysis.

Engineering 130

Engineering Outsourcing Retail Banking 130

Capgemini

APRIL 7, 2025

Every day since his promotion from customer service representative (CSR) to contact center manager for a global bank, Michael has faced the same challenge: Enabling representatives to deliver personalized customer service despite operating in a communications silo. Consider the following story.

Banking 52

Banking Out-Tasking Retail Customer Service 52

Everest Group

OCTOBER 1, 2022

Low code/no code development holds promise for banking, financial services, and insurance (BFSI) firms to gain agility and cost-effectively build innovative technology solutions – without needing professional developers who are in short supply. Learn about the market potential and provider landscape in this blog.

Insurance 147

Insurance Banking Reduced Costs Collaborations 147

Everest Group

MARCH 25, 2024

Engineering, Research, and Development (ER&D) demand in asset-heavy industries like automotive is getting stronger as enterprises strategically invest in next-generation concepts to modernize, such as smart factories. Prominent ones include investment banking and high-tech industries, and North America.

Research 173

Research Service Cybersecurity Banking 173

Everest Group

OCTOBER 27, 2021

Market Highlights: Healthcare; manufacturing; and banking, financial services and insurance (BFSI) are the leading adopters of VMSs, accounting for more than 50% of market share in terms of active deals. Engineers/IT and blue-collar job roles together account for more than 70% of market share. About Everest Group.

Marketing 130

Marketing Management Sourcing Accounting 130

Mercans

FEBRUARY 6, 2025

Key modernization levers include multicountry payroll engines, workflow automation, AI/ML-powered chatbots, and process reengineering to boost efficiency and accuracy. Mercans delivers global payroll services through its API-driven G2N Nova payroll engine, a solution offering no-code integrations.

Payroll 52

Payroll Engineering Streamline Operations Retail 52

Everest Group

OCTOBER 17, 2023

For instance, Accenture’s acquisitions of Navitaire and Duck Creek Technologies showcased the power of assets, while TCS strategically positioned ignio as a transformation catalyst and upheld BaNCS as a revenue-generating platform within banking, financial services, and insurance (BFSI).

Streamline Operations 162

Streamline Operations Reduced Costs Insurance Banking 162

IBM Services

FEBRUARY 26, 2024

How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? But with automated lineage from MANTA, financial organizations have seen as much as a 40% increase in engineering teams’ productivity after adopting lineage. Don’t wait.

Service 97

Service Regulations Engineering Banking 97

Groove Technology

MAY 18, 2023

MuleSoft’s architecture is based on the Mule runtime engine (Mule), an open-source, lightweight, and high-performance integration engine that supports various integration patterns, including ESB, API-led connectivity, event-driven architecture, and microservices architecture.

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

Everest Group

MAY 2, 2023

DALLAS, May 2, 2023 —Everest Group—the global research firm focused on strategic IT, business services, engineering services and sourcing—today announced the winners of the 2023 PEAK Matrix Service Provider of the Year Awards for IT Services. TCS, Capgemini and Wipro rise in ranking to take No. 2, 3 and 4 spots, respectively.

Service 130

Service Research Engineering Insurance 130

Everest Group

JULY 6, 2023

Among the highest rated employers are American Express, AT&T, Bank of America, Cisco Systems, Colt, Expedia Group, Experian, Ford Motor Company, GSK, Mondelēz International, Sun Life Financial, Target & Trans Union. This drives maximized operational and financial performance and transformative experiences.

Global Business Services 147

Global Business Services Service Pharmaceuticals Research 147

Amzur

DECEMBER 27, 2024

In 2012, a software update error led to a major IT failure for the Royal Bank of Scotland (RBS), impacting millions of customers across the UK. Author: Balu Ch Head of Quality Engineering Ensuring excellence through strategic planning, process optimisation, and driving quality initiatives. Lets elevate your retail operations!

Retail 105

Retail Automation Payroll Inventory Management 105

Everest Group

AUGUST 30, 2022

Bank of America. Both fresh and experienced technology professionals exhibit a strong preference for TMT (technology, media and telecom), HLS (healthcare and life sciences), and BFS (banking and financial services) GBS organizations, mainly driven by a perception of better career opportunities (e.g., z International. American Express.

Global Business Services 130

Global Business Services Service Banking Advisory 130

The Scalers

MARCH 9, 2022

Without access to highly talented engineers, businesses in Australasia can’t innovate at the speed they want, despite being ‘innovation ready’. How businesses Down Under can combat the skills crunch with offshore engineering teams. At the moment there is a war for talent within the software engineering sector in Australia.

Offshoring 93

Offshoring Engineering Right-Sizing Software 93

3Pillar Global

SEPTEMBER 6, 2023

Chenoa’s expertise in Banking, Financial Services and Insurance further enhances 3Pillar’s extensive expertise in these sectors. Chenoa was an early entrant into the low-code and no-code development market that is estimated by Gartner to be $27B in 2023.

Marketing 98

Marketing Service Insurance Banking 98

Everest Group

MAY 24, 2024

This could be seen in action a couple of years ago when HSBC introduced HSBC Prism Advisory in Asia, blending face-to-face and digital interactions in private banking. To industrialize the data-driven personalization engine, the core system needs to enable it in a trusted, safe, and secured manner so the security aspect becomes paramount.

Advisory 147

Advisory Management Banking Infrastructure Costs 147

Automation Anywhere

JUNE 1, 2022

In factories , where engineers fix faults in machinery or other devices, automation can save time and efficiency costs because software bots can pinpoint the exact source of the fault and notify engineers so that they can fix it quickly and get things back up and running.

Automation 145

Automation Manufacturing Retail Efficiency 145