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Banking Strategy, Digital and Transformation

Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar

Jason Bell

Jason Bell Regional Sales Director, FS&I at ServiceNow

The opportunity no bank can ignore

Banks need to become technology companies. This is the single most critical strategic driving force in the industry as we all approach another of those dates that sound like defining moments: 2020. Just a few months away and yet everything will have changed for banks by then. Most of it already has. While some banks have been through digital trans...

Ambrish Parmar

Ambrish Parmar Digital Leader, Strategist, at Thought leader and Start-up Advisor

Financial inclusion and Open Banking - epic fail?

Time to read: 5 minutes to gain a different perspective. We are the lucky ones … : : The school holidays are over…disappointment and relief are felt in equal measure. It’s time to reassess finances and establish the damage caused by constant trips to the local supermarket, day excursions to theme parks and, of course, the school uniform bulk buy. ...

/inclusion

Retired Member

Retired Member 

EIR pill for 800-pounds gorilla

FT Weekend published a thought-provoking article by Tim Harford that explains why corporations fail to innovate. Harford gives an example of Xerox Parc who invented, back in the 70s, the world’s first personal computer, with a mouse and rich GUI. That computer inspired Bill Gates and Steve Jobs. Xerox still makes photocopiers… “Organisations from n...

/startups

Retired Member

Retired Member 

Regtech enhanced version of Fintech !!!

Regtech” is defined as addressing regulatory requirement through technology to ensure regulatory compliance are met by Bank, Financial Institutions, Insurance companies, Central Banks and other market participants. Regtech are new startup technology companies competing with Fintech companies to ensure regulatory compliance issue are addressed via ...

/regulation /retail

Retired Member

Retired Member 

PaperLess Account Opening

Banks are prone to Frauds , Duplicate or fake documentation provided by customer , time consuming process to fill up all details of the application , information collected by bank are variable in nature and not uniform across banks. To overcome all these issue banks decided to go digital paperless account opening process. Paperless Account opening...

Crystal Berry

Crystal Berry Marketing Manager at Validis

Accomplishing Digital Transformation With a Robust Data Strategy

Over the last few years the commercial lending industry has undergone considerable change. Low interest rates and a calmer financial climate have ensured plentiful opportunities for both lenders and the businesses they support to grow. At the center of all this change are SMEs. Previously overlooked, SMEs are now considered an important factor of t...

Retired Member

Retired Member 

Welcome to a virtual reality: how virtual accounts are transforming corporate banking

The modern banking landscape has changed fundamentally at the hand of digital transformation. Retail banking disruptors such as Monzo and Atom have ripped up the rule book on what effective banking looks like, and consumers have voted with their feet. Corporate banks have traditionally been slower to innovate and, in a post PSD2 world, this has be...

Retired Member

Retired Member 

Embracing cloud culture: Why the financial sector must migrate

The UK financial sector is the latest industry to be facing a Brexit challenge as EU negotiators feel that the recently proposed plans would prevent the bloc from being able to make autonomous decisions. The uncertainty caused by Brexit and increasing geopolitical tensions has led industry experts to suggest that times of volatility and minimal gr...

Retired Member

Retired Member 

How can Analytics drive Customer Onboarding with immediate activation as the Goal?

At banks, the customer onboarding process is the lowest hanging fruit. You need to make sure the entire organization understands how important it is to prioritize an onboarding program, and how the existence of this program relates to the bank’s ability to grow. Just because one financial institution has success with a program does not mean yours ...

Lee Campbell

Lee Campbell CEO & Founder at Cube Logic

SaaS vs On-Premise and what that means for everyone involved

The approach to delivering large enterprise vendor software has traditionally been on-premise. In this particular method, the client would use in-house servers and infrastructure within the company network to install and manage the software packages. This would typically involve the procurement and running of racks or blades of servers in a data c...

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