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Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
As new fintechs encroach on the retail banking marketplace, offering more transparency in exchange for consumer trust, customers are waking up to the complex (dare we say, “hidden”) fee structure of t...
Perpetual KYC or pKYC is an emerging concept in financial crime compliance. It has generated great interest and accelerated digital-first approaches because of the cost and risk benefits on offer if f...
In June this year, El Salvador’s President Nayib Bukele announced he was proposing bill that recognizes Bitcoin as “legal tender.” If enacted, El Salvador will become the first sovereign nation to for...
In a month's time, the UK government’s Access to Cash consultation will close. Ahead of the September 23rd deadline, the drumbeat of bank branch closures and loss of ATMs has not decreased. Most of...
Introduction Cloud adoption journey of Banking, Financial Services and Insurance (BFSI) enterprises requires to address the existing disposition of 2000 and 5000 business applications. Many of these a...
This article is for those taking an interest in online banks and the Fintech industry, and thinking of creating their own payment system or a neobank. Here you will find the right recipe for establish...
UK e-commerce spending hit a record £10 billion in July 2021. The year-to-date online spending was £65 billion, up 18% y-o-y and 56% on 2019. Following this trend online fraud rate for faster paymen...
High member expectations and increasing competition in the financial market have become a tough call for credit unions these days. According to the Credit Union Innovation Study conducted in 2021, alm...
I am often asked by my clients and partners how to effectively implement a Commercial Loan Servicing software in a financial organization. Therefore, I decided to write this article and talk about the...
LaaS vendors have been packaging the latest top-notch lending platforms often with included expertise and operational services lately. The Market Leaders’ survey, conducted by LendIt Fintech, embraces...
Lending is a complicated and time-consuming process. No matter the line of business or instance is considered. And all complicated things take effort and time, which is a valuable asset in business. I...
As economies unlock, you might suspect banks can take a breather, especially as some countries like the UK report big leaps in economic performance. Yet, the reality is the pressure on banks around re...