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Banking on Low-Code: The Secret Sauce of Digital Banking Systems That Are Crushing It 17 February 2021
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So far, the low-code bastion has been mostly custom applications (built by “citizen” developers) – which are, sort of, spectrally opposite to core software platforms built by professional coders.
The tide is now turning.
Software platforms, specifically in the banking world, are embracing – even infusing – low-code capabilities – either through build or buy (license, OEM) routes.
But first, the backdrop: It is no secret that banks – and all financial intermediaries in general – are rushing to digitally innovate their business and transform their technology. And we know that these interventions target both top and bottom-line impact,
McDonald s CEO Chris Kempczinski seemed borderline breezy about the potential change in a recent call with investors. Kempczinski highlighted the fact that many states have already passed minimum wage legislation, including Florida, which voted for a $15 minimum wage in late 2020. As this has been rolling into the states, we have seen and developed quite a bit of experience with how this works out, Kempczinski said.
Kempczinksi added: The positive for us has been, so long as it s done in a staged way and so long as it is done equitably across the entire market without sort of any carve outs or special exemptions for people, then we do just fine.
The former Hudson s Bay store in Downtown Winnipeg was the topic of conversation Thursday afternoon at a virtual summit held by Heritage Winnipeg to discuss the historic structure and its significance to the city.