Finance IT Blog

Welcome to our Finance insights space, designed for leaders driving technology strategy in the banking, financial services, and insurance (BFSI) industry.

Drawing on decades of experience in financial IT, we explore how data, automation, and analytics solutions enable smarter, more efficient financial service operations while covering critical aspects like security and compliance. Our focus stays firmly on technology as a business enabler, with complex IT topics turned into clear, decision-oriented perspectives.

Check back regularly for ideas that help BFSI and fintech firms innovate without adding risk.

Natallia Babrovich

Financial and Banking IT Consultant, Lead Business Analyst

CRM for Community Banks: a Game-Changer in the Digital Age

Banking IT

CRM

Finance IT

Lending IT

CRM for Community Banks: a Game-Changer in the Digital Age

Learn how banking CRM software can help community banks build a customer-focused service strategy, gain a competitive edge, and maximize their market share.

Mar 7, 2024

Andrew Repin

Business Analyst and CRM Expert

Mortgage CRM: The Future of Loan Management

CRM

Finance IT

Lending IT

Mortgage CRM: The Future of Loan Management

Get to know how a specialized mortgage CRM can increase your profits and boost team productivity.

Dec 8, 2023

Andrew Repin

Business Analyst and CRM Expert

The Best CRM Finance Solutions: Key Features and Limitations

CRM

Finance IT

The Best CRM Finance Solutions: Key Features and Limitations

Learn what features are important in CRM for financial advisors, and what are the best CRM finance solutions.

Jul 24, 2023

Andrew Repin

Business Analyst and CRM Expert

Investor Relationship Management Software: More than Just a CRM

CRM

Investment IT

Finance IT

Investor Relationship Management Software: More than Just a CRM

Major CRM advantages and the best software for investor relationship management. By ScienceSoft, in CRM development and consulting since 2008.

Mar 14, 2023

Stacy Dubovik

Financial Technology & AI Researcher, ScienceSoft

Finance IT

Blockchain

Blockchain in Finance: 8 Prominent Use Cases Beyond Crypto

How traditional BFSI domain can benefit from blockchain: from cross-border payments to corporate decision-making. By ScienceSoft, in IT since 1989

Mar 10, 2023

Andrew Repin

Business Analyst and CRM Expert

CRM for Financial Advisors: A Smart Way to Earn Clients’ Trust

CRM

Finance IT

Investment IT

CRM for Financial Advisors: A Smart Way to Earn Clients’ Trust

Key features to look for and the best CRM software options for financial advisors. By ScienceSoft, in CRM development and consulting services since 2008.

Feb 20, 2023

Boris Shiklo

Chief Technology Officer, ScienceSoft

Internet of Things

Finance IT

Insurance IT

Banking IT

IoT for Smart Banking and Finance

ScienceSoft describes the role of IoT in banking and finance, reviews its benefits, and gives examples of how leading BFSI orgs take advantage of the tech

Sep 6, 2022

Natallia Babrovich

Financial and Banking IT Consultant, Lead Business Analyst

Banking IT

CRM

Finance IT

How banks can increase customer retention with appealing loyalty programs

To create top-notch loyalty programs that increase customer retention, banks should make the right use of the latest technology.

Oct 23, 2020

Mary Zayats

Head of Technology and Competency Development, Financial IT & AI Principal Consultant, ScienceSoft

Finance IT

Is Custom Invoicing Software Your Best Choice to Get an Effective Billing Solution?

ScienceSoft’s Business Analysis Director gives an overview of the most popular implementation models of web-based invoicing software, including their pros and cons, which can help you decide on a suitable option for your company.

Apr 20, 2020

Karina Dalhunova

How Banks Can Boost Cross-Selling: The Ultimate Guide

Banking IT

CRM

Data Analytics & BI

Finance IT

How Banks Can Boost Cross-Selling: The Ultimate Guide

We explore how a central CRM system, mobile banking app and analytics software can help banks to succeed in cross-selling.

Jan 17, 2020

Anand Kadam

Will Artificial Intelligence Be the Answer to BFSI Cyberattacks?

Information Security

Finance IT

Artificial Intelligence

Will Artificial Intelligence Be the Answer to BFSI Cyberattacks?

Artificial Intelligence is harped to be the next big thing in the banking sector. But, can it solve the industry’s most prominent issue ever? - the problem of cybersecurity.

Jun 25, 2018

Anastasia Yaskevich

Web and Mobile Researcher

Mobile Payments for Restaurants and Hotels: Take It to the Next Level

Mobile Apps

Finance IT

Mobile Payments for Restaurants and Hotels: Take It to the Next Level

We give a concise overview of how hotel and restaurant mobile payments are changing both businesses’ offers and customers’ expectations.

Jun 12, 2018