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Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
There is a huge misconception that investing in customer solutions is enough to ensure successful banking digitization. According to a World Economic Forum report 2018 by Bain & Company, only 1% o...
If ever, or at least the past 45 years, there was a software marriage (integration) of two core systems that I considered the perfect transaction, it would have been Metavante's IBS and Temenos's T24....
Today, banks are facing many challenges, not just high fees and lack of transparency, but competition from emerging fintech companies who are entering the market with modern applications and innovativ...
To deliver the level of quality expected from an organisation in today’s consumer-prioritized environment, banks are not only having to adapt to the evolving needs of the customer, but also to new reg...
At Sibos 2014 in Boston blockchain was the talk of the show and the movement towards adoption of new technologies was up and running. As Sibos 2018 opens in Sydney, APIs and open banking based on thei...
The disruption of the banking industry started a while ago, with more and more challenger banks serving both private customers and SMEs. Everything from current accounts to money transfers to credit s...
There are a lot of discussions on LinkedIn about the Brex duo - two 22-year olds who built a unicorn in less than two years. “Young and inexperienced, did not invent anything new, there are thousands...
Cryptocurrencies used to be a low-profile element on the financial market, with many predicting that they’re just a passing fad which would be over quickly. We’ve been going through some interesting t...
Search engines are free, easy to use and powerful. Could you use them to run a KYC/AML screening program? You could - but in the end, it will expose you to significantly more cost and risk than opting...
Dear community members, 250,000 reasons to say thank you. The Banking Strategy, Digital and Transformation community group has passed the 250,000 readership mark within 3 months. ~ 50 posts // over 25...
In the Tortoise and the Hare Part One, I talked about getting faster, moving channels, and working with slower-changing core banking systems. However within our channels there is a similar race where ...
The word “Industrialization” brings to mind manufacturing Industry, particularly automobile Industry. It was the 1950s, faced with unprecedent change, automobile industry took to Industrialization tha...