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Andrew Beatty

Head of Wealth, Retirement & International
FIS
Member since
17 Sep 2018
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Toronto
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Followed by John Sims, Martha Boyle and 5 others you follow
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Andrew's opinions

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Andrew Beatty

How Banks can Find Certainty in an Uncertain World

"In this world, nothing can be said to be certain – except death, and taxes." — Benjamin Franklin, in a letter to Jean-Baptiste Leroy, 1789 Benjamin Franklin is one of the most frequently quoted of the U.S. Founding Fathers, and for good reason. While many of his quotes and quips were deeply rooted in the issues of his time – like a revol...

29 August 2019 Digital Banking Trends

Andrew Beatty

Are You Falling for Banking Industry Myths?

The banking industry is changing by the day. What once were definitive "table stakes" for the essential software needed to run a full-service bank are now blurring due to rapidly evolving market dynamics. In this environment it can become difficult to discern reality from myth when it comes to what a bank truly needs to be successful in ...

05 August 2019 /retail Digital Banking Trends

Andrew Beatty

Open Banking: A Watershed Moment

We have reached a critical juncture in the banking industry. Welcome to the new frontier. Consumers now perceive the benefits of open banking outweigh the risks, and as a result collaboration between fintechs and incumbent banks is becoming increasingly more important to drive the experiences consumers expect from their primary financial institutio...

19 July 2019 Digital Banking Trends

Andrew Beatty

Top 4 tips for maximizing ROI in bank and fintech collaborations

First, we'll cut to the chase. Here are my top four tips on maximizing fintech collaborations. 1. Build a company culture and choose partnerships where the involved parties (banks and fintechs) value each other, and are eager to work through any differences to impact beneficial change. 2. Ensure all customer and business needs are met via the colla...

27 June 2019 Digital Banking Trends

Andrew Beatty

Tips for fintech and bank collaboration success

A recent article in Raconteur's "Future of Banking" supplement in The Sunday Times (U.K.) posed the following question: "Can banks and fintechs ever work together?" The short answer is of course yes, they can – but with a number of essential caveats that need to be considered in order to promote harmony and success with these ty...

13 June 2019 Fintech

Andrew Beatty

The Art and Science of Conversational Banking with AI

With high-tech Conversational Banking platforms, the art is designing a great experience centered on words – written and spoken. This represents a shift from traditional design (which focuses on content, graphics, and buttons) to recognizing what a customer is asking, maintaining the context of the conversation, providing relevant responses, and p...

23 May 2019 /ai Disruption in Retail Banking

Andrew Beatty

Commercial Banking: The Fintech Point of View

Fintechs are an integral part of the Commercial Banking value chain. Business customers want and need to manage their cash flows, including making payments, receiving payments, getting information, investing funds and borrowing funds. Banks provide Treasury Management and Lending products to meet the customer mandate. Fintechs deliver end-to-end so...

16 May 2019 Banking Strategy, Digital and Transformation

Andrew Beatty

Commercial Banking: The Bank’s Point of View

Commercial Banking is a highly profitable customer segment for global and large regional banks, and a key growth strategy for community and smaller regional banks. New challenger banks are also turning up the heat on traditional brick and mortar banks, as they are starting to attract business customers to their digital only banks. As a financial p...

09 May 2019 Digital Banking Trends

Andrew Beatty

Commercial Banking: Tips for Understanding the Customer's Point of View

Corporate Treasurers face the same opportunities and challenges as other executives. They're in a position to make a direct impact to their company's profitability, especially with their role gaining prominence after the financial crisis. Along with increased responsibilities, Corporate Treasurers struggle with the challenges of scarce human resou...

07 May 2019 /payments Digital Banking Trends

Andrew Beatty

Commercial Banking: It's what's Cooking!

I recently hired the head of product management for our next generation commercial banking platform. He won me over during the interview with his personal story: "My dad owned his own construction company for over 40 years. He was the typical small business owner who wore many hats – salesperson, foreman, purchaser, and bookkeeper. One of his ...

02 May 2019 Treasury Management

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Andrew writes about

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  • retail banking
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  • financial inclusion
  • cryptocurrency
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Andrew's opinion archive

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