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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.
Andrew Beatty Head of Wealth, Retirement & International at FIS
In the words of famed singer-songwriter Bob Dylan, “The Times, They Are A Changing.” In this blog we examine how pricing models are changing and emerging, both in terms of consumer behavior in general, and for the banking industry in particular. Pricing models are changing before our eyes. On-demand, consumption-based pricing is seemingly everywher...
17 December 2020 /retail /predictions
Stephen Stantiall Senior consultant at Capco
This blog was co-authored by Daniella Chrysochou, Senior Consultant & Steve Stantiall, Senior Consultant at Capco Many financial services organizations are transforming the way in which they deliver change by adopting new ways of working and leveraging models such as Modern Delivery, Scaled Agile and Value Streams. But what do these (latest) a...
16 December 2020 /people
Retired Member
As we approach 2021, access to money represents both a challenge and opportunity. Companies need access to capital and in the short term, to loans. The latter may be required at increasing frequency if healthcare problems on the ground overwhelm societies. Resilience and responsiveness are key. There is a general consensus about digitisation. But ...
14 December 2020 /covid-19 /predictions
Dmitry Dolgorukov CEO at GiniMachine
A strong credit risk management system in combination with AI and ML technologies can not only mitigate financial risks but also level up the effectiveness of decision-making processes, increasing a company’s profit. According to Statista, the number of only FDIC-insured commercial banks in the U.S. over the last 20 years reduced by half. It sugg...
14 December 2020 /startups
Joaquin De Valenzuela Muley SVP & Global Infinity Business Line Director at Temenos
As covid-19 accelerates the take-up of digital banking services, banks have a unique opportunity to address two of the biggest problems facing the sector: customer satisfaction and trust. When the coronavirus struck, banks reacted like every other sector, by focusing on business continuity. They had to keep their infrastructure going and sustain t...
10 December 2020 /retail /covid-19
Barley Laing UK Managing Director at Melissa
The global growth of banks and challenger fintechs based in the western world has long been restricted because of issues related to effective identity (ID) verification. The stumbling block has been large parts of the world’s population, particularly in Africa and Asia, lacking verifiable private addresses and internationally recognised IDs. This ...
04 December 2020 /regulation /identity
As the global financial services industry accelerates towards real-time payments, banks must find a way to keep up. Banking expert, advisor and futurist Brett King suggests that “The best service in financial services happens in real-time and is based on customer behavior”. But making the move to real time is not easy, and many institutions face ...
03 December 2020 /payments /retail
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | Ecology Innovations | IKANO | Channel
Looking at the 2020 strategic banking game to detect the winners! The battle on the banking customer has become intense. Therefore, I researched the underlying competencies that drive current and future success in banking. Since September 11th, 2020, I have written a series of 5 blogs that illuminate banks’ differentiation in cost/income strategy,...
30 November 2020 /retail
Banks won’t come out of this pandemic unscathed – ISG analysis suggests that EMEA banking revenues could be hit by up to 40% in 2021. Interest margins are being squeezed hard, capital ratios are under attack, and the money has to be found from somewhere else. It’s time to look seriously at spending. Even after a decade of low interest rates, there...
26 November 2020 /covid-19
Simon Wilson MD, Transaction Automation at valanticFSA
Standardisation, regulation and technological innovation means payments are well on the way to becoming instant, invisible and free. This is good news for everybody. Well, not quite everybody. Banks are now faced with the significant challenge of transforming business models and legacy technology systems to meet the demands of a new era in payments...
25 November 2020 /payments
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