29 June 2017

Digitalised Banking

Nanda KumarSunTec Business Solutions - Trivandrum

The challenges banks are facing with Open Banking

12 June 2017  |  9084 views  |  1 comments | recommendations Recommends 0

Banking in the modern world Pairing technology and money is very common, we are used to hearing about the vast sums being pumped into Silicon Valley start-ups. What is less common is technology and ‘money’ working together. Challenger banks, such as Monzo, are aiming for this to be a reality, by making banking transparent and simple. The emergenc...

TagsRisk & regulationRetail banking
Nanda KumarSunTec Business Solutions - Trivandrum

Customer obsession is the only way banks will survive

26 April 2017  |  5780 views  |  0 comments | recommendations Recommends 0

Being customer obsessed We are in the age of the customer. A single tweet takes 22 minutes to go from insignificant to global, seen recently with Delta Airlines whose reputation was annihilated on social media and in the press. Who wants to be next in line? To prevent this companies should become customer obsessed. Fred Giron, VP and Research Dire...

TagsRetail bankingInnovation
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Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Simplifying and standardising the Indian taxation system with GST Act

06 March 2017  |  3743 views  |  0 comments | recommendations Recommends 0

Since the 2016 World Economic Forum, the Fourth Industrial Revolution has become one of the most talked about movements. India is at the forefront with rapid digitalisation across industries. Digita...

TagsRetail bankingInnovation
Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Demonetisation: The cash conundrum

31 January 2017  |  5283 views  |  0 comments | recommendations Recommends 0

Digitisation of banking Over the last five years the UK has seen a dramatic increase in contactless payments, with £2.9 billion spent last year, up 184% from 2015. Sweden is expected to become cashl...

TagsRetail bankingInnovation
Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

How can banks take the pressure out of stress tests?

09 January 2017  |  7901 views  |  0 comments | recommendations Recommends 0

Last year has been a rocky year for banks and financial markets. 2016 was a year of major fluctuations, driven by political changes across the world. The markets have reflected these turbulent times, ...

TagsRisk & regulationTransaction banking
Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Does IoT impede or support the future of banking?

07 December 2016  |  8259 views  |  1 comments | recommendations Recommends 1

The internet looks set to advise many aspects of our lives from the moment we wake up in the morning until the moment we go to sleep. Even the humble toaster can be connected to a wireless network whi...

TagsRetail bankingInnovation
Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Financial services regulation as a creator of opportunities

31 October 2016  |  6189 views  |  0 comments | recommendations Recommends 0

The United States presidential race is in its home stretch. Trump is confident of victory but his policies for the financial services industry are questionable. In his manifesto he states he wants to ...

TagsRisk & regulationRetail banking
Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Sibos Lessons - Banking transformation too fast for most

05 October 2016  |  5457 views  |  1 comments | recommendations Recommends 0

Last week the multilingual Swiss of Geneva bid au revoir and aufedersein to nearly 10,000 bankers. The attendees of Sibos left knowing just how much technological change is facing the banking industry...

TagsRisk & regulationSibos
Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Sibos Day One roundup - D-Day for Banks -

27 September 2016  |  3466 views  |  0 comments | recommendations Recommends 0

This year’s Sibos in Geneva wrapped its first day with more innovation than ever. The buzzwords which dominated this year; were 'The Three Ds' Digitisation, Disruption, and the newly minted Distribut...

Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Sibos returns to Europe and here’s what to expect

23 September 2016  |  7733 views  |  0 comments | recommendations Recommends 0

Shorter days and longer nights are approaching fast. We may not be ready to let go of summer just yet, but the good news is there’s an exciting event season ahead of us - If your calendar is not set f...

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