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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.
Tim Simon CEO at Madiston plc
Part 1 - How and why has it lost its way? The key issues. In this series of blogs, I hope to show how the laudable aims of the Peer to Peer Lending (P2PL) industry can play their part in the profitable future of Online Direct Lending (ODL), with an industry-wide solution to benefit all players. First, we need to get to grips with the decisions ma...
26 January 2021 /retail /markets
Retired Member
Some people are super enthusiastic and passionate about the possibilities of new Tech. In many cases however, they will be asked if it is proven technology. Which competitors use this new Tech already and what are their experiences? In short, the need for certainty is quite common. Yet what about innovation, to distinguish you from competitors and...
21 January 2021 /retail /wholesale
“How many days until the next team meeting?”, "Can you set the timer for 15 mins?”, "Can you order a pizza from my favourite café?" How nice it is when someone can practically follow our commands and organize the day. No, we are not talking about any “house elves” but our very own virtual assistants, Alexa and Siri, which are now bec...
20 January 2021 /retail
India has completely renewed its digital payments infrastructure and created a model which the rest of the world - including the Nordic - could and should learn from when designing the payment services for the future. The Nordic countries are the most digitised in the world. This has put the Nordic countries in a first-mover position especially whe...
19 January 2021 /payments /retail
Dmitry Dolgorukov CEO at GiniMachine
Artificial intelligence and machine learning remain the hottest topic in the financial world for the past few years. By adopting smart solutions, companies get a huge competitive advantage to cope with the changing industry landscape. AI provides a deeper understanding of customer needs and empowers business processes. Companies can optimize and q...
19 January 2021 /predictions
Akhil Rao Director at Nth Exception
Historically, much of the data linked to payments has been underused (or not at all used) — in large part because processing systems were not set up to extract and operationalize this data. AML and Sanctions screening have faced much of heat with the limitations. Can the new standard fix it? Sanctions screening is a control used in the detection,...
18 January 2021 /payments /retail
Yuliya Barabash Managing Partner at SBSB Fintech Lawyers
No need to be afraid of payment systems Businessmen generally prefer traditional banks, choosing to avoid payment systems. Many people believe that classic banks are much more reliable than payment systems. When we at SBSB offer our clients to open an IBAN account with a payment system, they are usually strongly opposed to this. Their first reactio...
14 January 2021 /payments /wealth
Today, you need to know what’s happening in your business in real-time. Faced with pressure from legislation and the emergence of new digital ecosystems and partnerships, traditional banking incumbents compete with new fintech players across the entire financial services arena. The value chains that previously existed are starting to unbundle base...
14 January 2021 /cloud /predictions
Andrew Beatty Head of Wealth, Retirement & International at FIS
Managing change is not easy. This is true for most organizations, and especially for banks. But, as management guru W. Edwards Demining bluntly stated, “It is not necessary to change. Survival is not mandatory.” Let that sink in. Any business committed to future prosperity must overcome fear of the new and embrace change. This blog considers how mo...
14 January 2021 /retail /covid-19
These days almost every lender or credit union needs to automate their credit-granting processes to meet customer needs. Hence they face a challenge - purchase of an off the shelf software or invest money in one and only solution. OOTB might be crowded with functions, while custom development time is far too long. The alternative is configurable s...
12 January 2021 /retail
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