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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.
Retired Member
Open API’s and Open Banking has been a hot topic for quite some time now, but very little has been said about Digital Overlays. What if I told you that Digital Overlays is the key to unlock the full potential of Open API’s and Open Banking. There are many banking initiatives underway that are driven by various factors, such as regulatory, innova...
11 February 2021 /payments /retail
Matthew Williamson Vice President of Global Financial Services at Mobiquity
Adapting to continual lockdowns The closure of bank branches demonstrates the true scale of COVID-19 and the shift in customer behaviour during the pandemic. Banks are now adapting and future proofing their business models in response to societal changes. The shift in customer behaviour has put increased pressure on banks to not only accelerate di...
10 February 2021 /retail
Yuliya Barabash Managing Partner at SBSB Fintech Lawyers
The neobanking wave is sweeping all countries and continents, from the EMEA to South America. The term coined in 2017 means a new type of financial institution offering state-of-the-art, quick and flexible services directly available via a smartphone or messengers. The growth of neobanks peaked during the global anti-COVID quarantine. For instance...
09 February 2021 /payments
Chris Holmes Senior Vice President at KAE Consulting
2020 was a very challenging year for most industries, and FinTech was no exception. However, the FinTech industry seems to have weathered the storm that continues to ravage the globe. Below we discuss three of the main trends KAE identified as defining for the industry. Maintained growth & consolidation Following the outbreak of the pandemic...
08 February 2021 /payments /predictions
Fintech and banking teams today are building new applications or modernizing their existing ones, and they have to meet strict compliance objectives. At the same time, they want to deliver software innovations faster and more efficiently. To achieve this, software teams are using containers, microservices and APIs to decouple and modularize their ...
04 February 2021 /security /cloud
Tim Simon CEO at Madiston plc
Part 2 - What needs to be done now to get Online Direct Lending (ODL) / Peer to Peer Lending (P2PL) back on track for compliance, profitability and sustainability? The first in this series of blogs, published on 26 January 2021, looked at "How and Why the Industry lost its way". We looked at developing sustainable / profitable business m...
02 February 2021 /retail /markets
In-house “ecosystems”, D2C, competition for end-users, neobanking via messengers, solutions design for SMEs involving cryptocurrencies, upgrading of payment systems and cloud accounting. Those are the main global Fintech trends I have identified for 2021: Ecosystem creation The year 2020 showed us that global corporations still focus on creating ...
01 February 2021 /wealth /markets
Venkatesh P Co-Founder and Director at Maveric Systems
The wealth management industry is in the midst of a monumental shift due to changing demographics, the influx of new generation potential investors, transitional global scenarios, and most importantly the rampant digitalization. This pace of change has been long predicted but the pandemic has accelerated its adoption, providing continuous opportun...
01 February 2021 /wealth /predictions
Andrew Beatty Head of Wealth, Retirement & International at FIS
Digitalization Becomes the Baseline! Last year, the financial services industry went into overdrive to keep businesses afloat and help customers in great need. Digitalization programs accelerated rapidly as innovation and adaptability rose to the top of the bank agenda. As self-development expert Brian Tracy reminds us, “It doesn’t matter where yo...
28 January 2021 /retail /predictions
Akhil Rao Director at Nth Exception
Any TMS morning starts with updating and reconciling the cash positions across accounts by a daily upload of electronic bank statements (MT 940, 942..). This financial reconciliation focuses on balances and net credit and debit movements across the accounts and helps treasurers build an image of liquidity and dealing capital and other requirements...
26 January 2021 /payments /retail
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