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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
There was a time when banks knew who their competitors were. For the most part they were other banks and financial services providers. Pretty simple. But with technology taking center stage, fintechs seem well positioned to move even further into the banking space. But are they really? As Hugues Delcourt, Chairman of KNEIP and former CEO of Banque...
15 October 2020 /regulation /retail
Kevin Day CEO at HPD Software
In the current period of economic uncertainty, increasing pressure on businesses is making fraudulent activity an ever-present risk for lenders – a trend not only troubling for the affected company or companies, but also for the wider economy. In particular, corporate fraud has the potential to dissuade banks from lending - a dangerous outcome dur...
13 October 2020 /crime /covid-19
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | IKANO Bank | Ikano Insight
COVID-19 flushes away traditional banking Last week at premier financial services event SIBOS (https://www.sibos.com) a series of C-level banking executives shared their immersive visions on the post COVID growth of banks. “How will the pace of technological change push digitalization forward and how will the rise in consumer demand for new digita...
13 October 2020 /retail /covid-19
Jim Craig Co-Founder at Conotext
How do community financial institutions (FIs) stay relevant during and beyond the pandemic? Well, the first thing is, leadership needs to change its view of what digital banking (and digital marketing) means. When ATMs hit the US scene in 1969, this was the first wave of what has become known as digital banking. In this iteration, it was about auto...
08 October 2020 /retail
Mounaim Cortet Senior Manager Strategy at Innopay
In today’s data economy in which everything has become a transaction, future relevance for banks is no longer based on payments alone. To help senior executives of banks to start leveraging their Open Banking capabilities in this context, we recommend three must-do actions to holistically address the components of a digital trust infrastructure (d...
08 October 2020 /payments /identity
There’s a familiar adage, “If it ain’t broke don’t fix it.” While its origins are unclear, it’s essentially a great excuse for doing nothing. A stark reality is that many banks run on platforms that are older than most of their employees. Why? Because they do work. However, as management guru Peter Drucker proclaims, “If you want something new, yo...
01 October 2020 /people /retail
Saloni Ramakrishna Author; Senior Director at Oracle
Is it relevant to talk of profitability during Covid times some might ask? It is and HOW!! Healthy banks are sine qua non to support pandemic induced distressed economy & customers whether it is retail, commercial/ SME or corporates in affected industries. Connecting the dots across my previous three blogs, the big picture is that banks thems...
28 September 2020 /regulation /covid-19
Retired Member
According to research by Finastra and Efma, banks saw digital transformation as their most pressing issue for the future. 81 percent listed the move to digital as their biggest priority for the next one to three years, while 66 percent listed adopting new technologies as their next big project. Around 56 percent listed innovation as where they ne...
25 September 2020 /security /cloud
A hard hit for the world economy The damage of the COVID-19 lock down for businesses and economies is becoming more visible every day. Forecasting institutions and scenario planners are estimating significant contractions in global GDP. In the Eurozone, GDP contracted by -3,6% in the first quarter of 2020 and by -12,1% in the second! The Unit...
25 September 2020 /retail /covid-19
Advances in technology, along with increased internet access around the world, has meant that global banking networks are evolving; boosting cross border trade and investment. Obstacles and challenges are being removed as these networks become more digitalised, introducing businesses and consumers to new products and services from anywhere in the ...
24 September 2020 /payments /inclusion
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