Community
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.
Claus Christensen CEO at Know Your Customer
Paper processes used to take days. Digital journeys usually take minutes. Mobile app processes should take seconds. Since mobile technology has entered everyday life, our standards for what constitutes a seamless business interaction has shifted sensibly. In financial services, the introduction of internet and mobile banking has revolutionised o...
03 September 2020 /regulation /wholesale
Jim Craig Co-Founder at Conotext
A small survey from fintech marketing firm Kasasa revealed that 56% of community financial institutions have a social media marketing budget of $1,000 or less. Another survey from WebStrategy noted that almost half of community financial institutions that responded spend between 10-19% of their marketing budget on social media marketing. Developi...
03 September 2020 /retail
Andrew Beatty Head of Wealth, Retirement & International at FIS
When I need to take a break from being immersed in the business of banking, I like to watch movies. And since the pandemic lockdown, I’ve watched quite a few. Along the way I’ve come to realize that life does indeed imitate art, sometimes in surprising ways. In this blog I’ll take a light-hearted look at drawing parallels between famous movie quot...
03 September 2020 /retail /cloud
Piers Marais Chief Product Officer at Currencycloud
A much more intelligent person than me once saidthat cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers.” This makes me feel dangerously under-qualified writing this post, but it’s worth having a go, right?! A colleague that I have a lot of time for recently asked me what my...
28 August 2020 /inclusion /crypto
Tayo Abinusawa Director at WeAccelerate Ltd
When the global markets strived to contain the spread of Covid-19, many banking and financial institutions (FI) were more determined than ever to emerge successful from the pandemic. Even in the face of seemingly unfavourable macro and microeconomic factors, the focus for financial services firms was embedding resilience, stability and reimagining...
27 August 2020 /people /covid-19
Charles Darwin’s theory suggests that it is not the strongest of the species that survives, nor the most intelligent, it is the one that is most adaptable to change. As the world races towards digital banking, we consider why banks need help to adapt to a digital future. Technology is redefining what’s possible across all sectors. For the most pa...
20 August 2020 /people /retail
Simon Hawtin Marketing Director at ezbob
The Covid-19 pandemic has profoundly impacted the finances of both UK consumers and companies, with millions struggling to pay their bills on time due to the associated economic lockdown. This has dramatically altered the lending landscape, with a spike in borrowing as businesses turn to lenders to help them mitigate the effects of Covid-19. Accord...
19 August 2020 /wholesale /covid-19
Riccardo Conte Founder at Virtus Flow
Banking Automation is the future of the financial industry. In 2017 McKinsey [1] reported that newer technologies were causing disruption in financial institutions and that companies adopting digital alternatives would increase their profits and productivity as a result. Accenture [2], reported that digitally focused and digitally active banks ha...
18 August 2020 /retail /wholesale
Retired Member
Even before the pandemic, SMEs were struggling to obtain access to the funding they needed, when they needed it. Outside of the Coronavirus Business Interruption Loans underwritten by a number of governments across the global economy, financial exclusion for SMEs has been a growing issue. Access to short-term funding often involves multiple hurdle...
14 August 2020 /inclusion
In a rapidly transforming digital payments ecosystem, Request-to-Pay (RTP) provides compelling functionality. From improved customer service to reduction in costs, fraud and friction, the benefits of this new way to request payment initiation are extensive. SEPA Request to Pay (SRTP), the Eurozone version of this initiative, allows digitalization o...
14 August 2020 /payments /inclusion
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