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This is for discussion and sharing of views on trends, practices and views in analytics in banking and financial industry
Covid-19 has caused upheaval to all our lives. With the economic impact still uncertain but likely very significant, it’s clear we’ll be living with the consequences of the outbreak for a substantial ...
Using advanced mathematical modelling for calculating, predicting and evaluating risk is nothing new. Financial institutions of all kinds have long been using numerical libraries, whether home-grown o...
In 2017, American banks collected 34.3 billion dollars in overdraft fees. (link). The average value for an overdraft fee is $ 30 in the United States. This means that the average American ended up pa...
Banks have a responsibility to respond to their customers’ needs through the coronavirus pandemic while, at the same time, preparing for a precipitous economic downturn and a different, post-COVID wo...
The next phase of digital banking is upon us. Banks and fintechs clamor to deliver unique and differentiating user experiences built upon the latest “API-first” omnichannel banking platform, but reali...
Digital Transformation in Commercial Lending is proceeding apace with banks rolling out initiatives in multiple areas like Re-imagining customer experience, Empowering Relationship Managers, and adopt...
Arthur C. Clarke, writer of the famous science fiction epic 2001: Space Odyssey, famously remarked that any sufficiently advanced technology is indistinguishable from magic. The problem with magical t...
Through the ages, data analytics has been a key aspect of every financial institution. From invest banking to credit scoring to securities trading – data analytics has played a major role in arriving ...
In the last decade, the lending industry has grown and diversified massively. New business models have evolved, and alternative lenders have entered the market creating competition in a space previous...
Analytics of late, is on the main stage for several organisations across industries. I have seen several implementations. As a consultant evaluated the cost benefit (investment to business value) and ...
Digitisation is the brick and mortar of modern day business with analytics as a strategic component; Underlying analytics are scores of algorithms, call it machine learning or AI that help to determin...