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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.
Alex Kreger Founder and CEO at UXDA Financial UX Design
Almost 60% of all working-age Americans have no retirement savings. Four in ten adults couldn’t cover a $400 emergency expense in the U.S.* Adults struggle to manage their finances, but they want to see their kids grow up as successful people with good financial habits. At the same time, 49% of parents don’t know how to discuss finances with kids ...
15 March 2021 /people /retail
Steve Grob Founder at Vision57
The trouble with Trading Technology Today Imagine for a moment that the cell phone in your pocket was twenty years old or the console you've just got your kids for Christmas was a Sega Genesis. While retro items like these may appeal to some, it is a sobering thought that much of the USD 100 billion per day trading world is based on similarly aged...
12 March 2021 /cloud /markets
Andrew Beatty Head of Wealth, Retirement & International at FIS
The financial services industry has entered a new era where technology determines the brand experience, what customers do, and where they go next. Jim Marous, co-publisher of The Financial Brand suggests, “Financial institutions must be able to deliver an easy-to-navigate, seamless digital platform that goes far beyond a miniaturized online bankin...
11 March 2021 /payments /retail
Retired Member
My first blog in this platformification series explored new business models for banking. To succeed in this new landscape it’s essential that banks are clear on what will set them apart and differentiate their services going forward. Let’s explore this a bit further. Financial institutions with expertise in specific areas or market niches should...
08 March 2021 /retail
Chris Holmes Senior Vice President at KAE Consulting
The GameStop / Robinhood saga has dominated the news over recent weeks and provoked some strong reactions across the industry. For FinTech as a whole, the scandal raised some intriguing questions the industry might have to address in the future. In this post, we explore some of the perks and dangers of the democratisation of finance. The “democr...
03 March 2021
Tushar Chitra Vice President, Product Strategy and Management at Oracle Financial Services
Successful digital onboarding is not just about enabling a customer to sign up for an account through a mobile phone in 5 minutes. What if the customer is forced into a cumbersome verification process after sign up? What if the customer needs advice on the best account that suits her or his needs or is confused about the details of a loan? If the ...
03 March 2021 /wealth /retail
Alistair Catto Managing Director at Beyond
The challenges of the last 18 months, Brexit, the global pandemic and increasing demands for greater transparency and market control are driving change at a breath-taking pace in Financial Services. Banks are under great pressure to deliver efficiency and lower cost operations, and as a result, are taking an ‘invest to save’ approach within their ...
02 March 2021 /regulation /wholesale
Why a Bank’s Customer Experience (CX) Must Reflect Its Brand and Values Commodities are widely available products that are bought and sold, interchangeably. In the early 19th century, the economist David Ricardo noted, “The exchangeable value of all commodities rises as the difficulties of their production increase” and this remains true today. At ...
25 February 2021 /people /retail
Tuncay Coruh Product Manager at Fineksus
Importance of standardization in financial messaging for international value transfers The current cross-border payments landscape is faced with the problem of lack of interoperability and integration between different clearing systems. To address the issue, standardization in the financial messaging is to be achieved because standardization means...
25 February 2021 /payments /retail
Riccardo Conte Founder at Virtus Flow
Lessons We’ve Learned through New Challenges... And how financial institutions can stop making the same mistakes. It seems like everywhere we look, there’s a new “digital transformation” process getting started. From the way we interact with healthcare providers, to the way we travel and even how we handle our daily tasks, one thing is certain: Dig...
25 February 2021 /retail /covid-19
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