Community
Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
As the owner, you will also give up ownership if you leave this group.
Maria Schuld Head of Regional and Community Banking at FIS
Why manage risk? Banking leaders realize their organizations are exposed to more risk than in the past given the scope of cyber occurrences, more frequent global and geographic catastrophic events, and dependence on global networks to conduct business. Executives need confidence in their ability to overcome such threats. To alleviate these challen...
12 December 2023 /retail /markets
Indra Chourasia Industry Advisor at Tata Consultancy Services (TCS)
Typically, a birthday is the anniversary to remember and rejoice special moments of love, affection, loyalty and many hues of emotions overflowing in one’s life. The previous week marked the first anniversary of launch of ChatGPT (GPT-3) on 30 Nov 2022 – the pathbreaking generative technology powered large language model (LLM) introduced in the pu...
09 December 2023 /wholesale /markets
Marat Nevretdinov Managing Director at HDI Embedded
Embedded insurance is tapping into the wider embedded finance trend and all for good reason. Promising to meet customer needs and demands, embedded insurance is a direct integration of insurance offerings with consumer products that offer seamless transactions and enhanced convenience. Projected to grow more than six times larger by 2030 to $722B...
07 December 2023 /predictions
Alex Kreger Founder and CEO at UXDA Financial UX Design
As we step into 2024, the financial industry faces an array of challenges that demand a reevaluation of the way users interact with financial services. Users now expect more than just seamless functionality—they crave a financial user experience that is intuitive, efficient, pleasant and, above all, tailored to their evolving needs. In this articl...
07 December 2023 /people /retail
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
In the dynamic world of fintech - where mergers, acquisitions (M&As), and tech integrations are commonplace - the quality of software systems is pivotal for achieving long-term growth. When firms undertake mergers or acquisitions, one of the most critical aspects they inherit is the software system. Should this software contain poor coding or o...
06 December 2023 /payments /retail
Retired Member
Introduction Globally, the leading wealth management firms keeps on transforming its client onboarding capabilities to elevate the customer experience. Seamless client onboarding remains at core of customer centric business model as it allows to drive business growth by attracting new clients and prospects. The key drivers that propel firms to con...
06 December 2023 /wealth
Kanika Hope Chief Strategy Officer at Temenos
The climate has changed for fintechs and challengers this year. They are entering unchartered territory in a rising interest rate and recessionary environment with tightening funding and incumbent fightback. Their competitive edge around niche propositions, superior customer experience and rapid growth is being eroded by a number of factors. Fund...
04 December 2023 /retail /startups
The financial sector is anticipated to experience a notable surge in fraudulent activities, leading to projected losses exceeding $40 billion by 2027. This increase marks a significant uptick from prior estimates. The rise in fraudulent transactions is linked to multiple factors, notably the expanding volume of online transactions. This surge off...
29 November 2023 /payments /retail
Riaz Syed CEO at infinant
In today's fast-paced financial landscape, the idea of a bank stopping a customer in their tracks to say, “I need to contact my core provider,” is no longer a recipe for success. Over the years, legacy core banking platforms have become rigid, dictating the terms under which banks can engage with fintech providers. However, forward-thinking banks...
28 November 2023 /predictions
Huge budgets are spent on promoting products that users do not need, and that are not easy and pleasant to use. Product designers and user experience specialists often work under marketing departments in banks and become hostages to the race for profit. Unfortunately, a profit-driven mindset and culture ruin the banks' digital transformation and b...
28 November 2023 /retail
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