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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 the owner, you will also give up ownership if you leave this group.
Laura Francis Head of Brand and Marketing at Form3
Implementing technical change will always incur risks. But, by putting the right measures in place will ensure that these are kept to a minimum. In their latest report, the Financial Conduct Authority looked into why change related incidents are consistently one of the top causes of failure and operational disruption and highlighted the key ingre...
04 May 2021 /payments /cloud
Joris Lochy Product Manager at Intix | Co-founder at Capilever
The ultimate goal of every software product is to convert inputs(provided by end-users or automatically received from external systems) into valuable outputs (insights). This is typically done via processing logic (= algorithms), which transform a number of inputs in a set of outputs. Based on my experience these process-logic components can be div...
03 May 2021 /devops
Retired Member
Big, traditional banks are not perceived to be at the forefront of innovation, but they get there eventually. Incremental change, however, is unlikely to be a winning strategy in the uncertain new playing field created by Covid-19. It is already clear that traditional lenders must take urgent strides towards digitalisation to build resilience in a...
30 April 2021 /retail /wholesale
Konrad Litwin Global General Manager - Testing at Perforce Software
As financial organisations continue their digital transformation, using a cloud-based infrastructure is no longer a choice: it has become a must-have. The debate lies in choosing the right type of cloud environment and the associated tools and processes. There are multiple aspects to bear in mind, and this article does not cover every single one o...
30 April 2021 /cloud /devops
Disruption is continuing to play out in financial services. In fact, 2020 was the year when the market capitalization of the top four payment companies, including PayPal and Square, eclipsed the market cap of the big six banks on Wall Street. Over the last ten years the total market value of banking and payments provided by traditional banks has d...
29 April 2021
Helene Panzarino Banking-innovation consultant & evangelist at helenepanzarino.com
One of the most interesting aspects of the digital banking revolution is that in some ways it is actually taking banking back to its origins. The concept that links the original bancos in 13th-century Italian piazzas to the cutting-edge developments in today’s Fintech hubs is hyper-personalisation. Using permissioned real-time data to generate insi...
28 April 2021 /retail /cloud
In the finance world, everything’s gone digital. If you’re still trying to verify customers’ identity by asking where they lived ten years ago, or making them jump through manual hoops like sending small “test” transactions to verify a linked account, you’re falling behind. How you verify identifications and authenticate customers has a big impact...
27 April 2021 /regulation /identity
Brittany Garland Executive Director at IHS Markit
What is the next generation technology for onboarding clients at custodians? A migration has begun from portals to onboarding platforms, but some custodians are still mired in a world of email communication, writes Brittany Garland, Executive Director in Operational Risk & Regulatory Compliance at IHS Markit. The article explains that, after y...
26 April 2021 /regulation
Depite the long road to recovery from the Covid-19 pandemic pockets of hope emerge. Many organisations across the world, including banks were surprised at how fast they were able to adapt and move to remote working. It took an average of just 10.5 days to migrate assets to the cloud. This was around 24 times faster than anticipated according to Mc...
26 April 2021
Digitalization has influenced the finance sector a lot over recent years. Leveraging digital technologies to do business is peculiar to this market because of its data-driven nature. And within finance, nearly the fastest development is seen in the digitalization of asset management, i.e. in the acquisition, management, and sale of assets in the m...
24 April 2021 /retail /predictions
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