21 November 2017

Digitalised Banking

Nanda KumarSunTec Business Solutions - Trivandrum

High stakes: become a true value aggregator or lose your market share

07 September 2017  |  4281 views  |  0 comments | recommendations Recommends 0

The top twenty European banks manage a combined total set of assets worth £18.26 trillion, with HSBC leading the charge at £1.84 trillion. This is a vast amount of money for only twenty companies. Traditional banks have almost monopolised the market across the globe for the past hundred years or so. Recent years have seen successful disruption, a...

TagsRisk & regulationOpen APIsGroupDigital Banking Trends
Nanda KumarSunTec Business Solutions - Trivandrum

Are APIs the new goldmine for banks?

12 July 2017  |  7246 views  |  0 comments | recommendations Recommends 0

The Post API World The future of banking is being completely altered by the Payment Services Directive 2 (PSD2) which comes into play in January 2018. PSD2 opens the floodgates to financial services innovation. Instead of making banking more complex, PSD2 is forcing banks to open up their systems of record to third parties, including non-traditio...

TagsRisk & regulationInnovationGroupTrends in Financial Services
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Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

The challenges banks are facing with Open Banking

12 June 2017  |  11059 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 ‘m...

TagsRisk & regulationRetail bankingOpen APIs
Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Customer obsession is the only way banks will survive

26 April 2017  |  6536 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 so...

TagsRetail bankingInnovation
Nanda Kumar
Nanda KumarSunTec Business Solutions - Trivandrum

Simplifying and standardising the Indian taxation system with GST Act

06 March 2017  |  4430 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  |  5749 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  |  8352 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  |  8676 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  |  6421 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  |  5856 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
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