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.

Stacy Dubovik

Financial Technology and Blockchain 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

Andrew Repin

Business Analyst and CRM Expert

3 Effective CRMs for Insurance Agents: Features and Limitations

Insurance IT

Finance IT

CRM

3 Effective CRMs for Insurance Agents: Features and Limitations

See which insurance CRM software provides agents with the necessary tools to meet all insurance agency needs and learn pros and cons of the selected tools.

Oct 27, 2020

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 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

Karina Dalhunova

5 tips how banks can increase mobile banking security

Banking IT

Mobile Apps

Finance IT

Information Security

5 tips how banks can increase mobile banking security

Though the amount of fraudulent activities steadily grows, banks have a number of way to strengthen mobile banking security.

Mar 29, 2018

Mary Zayats

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

Banking IT

Finance IT

Can Banks Benefit from Social Networks?

Explore the advantages of social networks for banks.

Jan 30, 2018

Karina Dalhunova

Key banking CRM features to become customer-centric and create a single customer view

Banking IT

CRM

Finance IT

Key banking CRM features to become customer-centric and create a single customer view

Banking CRM is the cornerstone of creating the ideal customer profile.

Jan 17, 2018

Karina Dalhunova

How banking software solutions help to overcome banks’ challenges

Banking IT

Finance IT

How banking software solutions help to overcome banks’ challenges

Explore how banking software solutions can reduce costs, increase customer experience and loyalty, boost cross-selling and solve other banking challenges.

Oct 18, 2017