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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.
John Bertrand MD at Tec 8 Limited
Joe Garner’s Future of Payment review published in 2023 on behalf of the UK Government reflected the complexity of the current instant payment UK environment. The situation has allowed the UK’s early leadership in global instant payments to decline. The UK is starting to fall behind in terms of person-to-person payments made by bank account transf...
10 April 2024 /payments /regulation
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a significant departure from the traditional Automated Clearing House (ACH) system. This shift signifies a pivotal moment in banking innovation, offering instantaneous transaction processing that aligns wi...
09 April 2024 /payments /retail
Eric Bierry CEO at Sopra Banking Software
Europe’s banking landscape today looks significantly different than it did just a few years ago, largely defined by new regulations that have emerged in response to consumers’ shifting financial behaviors. Payment Services Directive 2 (PSD2) and its successor, Payment Services Directive 3 (PSD3), for example, have transformed open banking from a n...
09 April 2024 /retail
Irina Latushkina Chief Business Development Officer at AIROME Technologies
12 years ago I was a client of a super safe bank with an absolutely disgusting client service. For example, when I came once to the brunch to get some cash without a plastic card, they gave me 90% and froze the card after all – in accordance with their security policies. It was the last drop, so I moved to a fully digital bank after all. At that
08 April 2024 /payments /retail
Gary Singh President at Zeta Services Inc
Recent data on US credit card holders tells us that they value flexibility and control more than rewards and fee-based offers. In light of rising interest rates and debt, consumers view credit cards as ‘liquidity management’ tools and expect them to serve various purposes. And with 51% of American credit card holders now revolving their debt, hig...
03 April 2024 /payments
Retired Member
Prelude In the rapidly evolving world of artificial intelligence (AI), there is a constant drive to push the boundaries of what is possible. One area where this is particularly evident is in the development of Virtual Assistants (VAs). These intelligent agents have become ubiquitous in our daily lives, helping us navigate complex tasks and prov
29 March 2024 /payments /inclusion
Alex Ford President, North America at Encompass | RegTech Association | Women in RegTech
The rise of Corporate Digital Identity in banking Corporate Digital Identity (CDI) is revolutionizing the Client Experience in Institutional and Commercial banking. Enabling fast, accurate identity validation and verification of corporate customers, it has been set out to foster a truly customer-centric approach to client onboarding and reviews w...
28 March 2024 /wholesale /identity
Mike Wolfel CEO at Savana
Why banks today must think outside the core and adopt a new approach to transformation initiatives For much of the last decade, banking technology modernization has been viewed through a single prism that continues to fall short of progress in keeping pace with evolving consumer expectations. Today, the industry has reached point where it can no lo...
28 March 2024 /retail /predictions
With the neobanking market projected to swell to $6.37 billion in 2024, and a user base expected to hit 386.3 million by 2028, the industry's potential is undeniable. Yet, alongside opportunity come substantial challenges, from profitability to cybersecurity. Clash of Titans: Traditional vs. Digital Banks The consumer demand for comprehensive fin...
25 March 2024 /payments /retail
Siobhan Byron EVP, Universal Banking at Finastra
Few industries rely on technology as much as the financial services industry does. In fact, Gartner estimates that banks spend more than $650 billion on technology each year. Some question whether banks are spending enough, especially when customer expectations are rising, competition is increasing, and the regulatory burden shows no signs of slow...
21 March 2024 /cloud
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