827 Results from /inclusion
Neil Crammond risk education & real time market abuse at DIVENTO FINANCIALS
Why was he allowed to cheat ? Why did exchanges fail to suspend these trades ? Finally after years of complaining we have a result ! Bank robbers and murderers always plead innocent until found guilty and Panther energy are no different . His company was allowed by exchanges and regulators to daily abuse , spoof , flip and blatantly cheat for...
05 November 2015 /regulation /inclusion
Retired Member
I had many a times thought before on why Banks create entry barriers to customers like Minimum balance, minimum income limit etc., etc., Who will then support all the aspirations people who are below the minimum requirements? Earlier there used Pawn brokers, small time money lenders, co-operative societies who were serving people outside of the ba...
01 November 2015 /inclusion
Why do you need an alternative? Current model is unable to serve a large base of potential consumers Existing model is costly and unaffordable In case of lending (specifically small value lending) the manner in which it is done, has not seen change for a very long period of time possibly since inception. Till a few years back and in 99 % of curre...
22 October 2015 /inclusion Financial Inclusion
Customer service experience is highly prone to disruption today. Disruptive technologies today have taught banks to be on the lookout for new entrants that offer better substitutes to their products, capture new, low-end customers, and then gradually move upmarket to pick higher-end customers. It is time for banks to now act swiftly by embracing t...
13 October 2015 /inclusion
Prashant a friend (Working as a branch manager @ Pvt Sector bank) from Bhopal called up few days back and had a straight question “What are the opportunities for a banker in Payments Bank?” Below mentioned is the part 1 of that conversation, the objective is also to present authors understanding of what kind of business model a payments bank can ex...
23 September 2015 /payments /inclusion Financial Inclusion
Regulatory Challenges for Financial Institutions Banks are facing an increasing amount of regulatory challenges. Rules around know your customer (KYC) are particularly receiving increased attention, with financial institutions needing to ensure that they do know who they are conducting business with in order to stay compliant. Against this bac...
18 September 2015 /regulation /inclusion
FinTech has been lauded as a game-changer in nearly every sense of the word, but can it also revolutionize the way banks serve women? Right now, women clients are finding that FIs simply aren't meeting their specific needs. In fact, a BCG survey of more than 12,000 women from 21 countries found that of all the industries that affect their daily ...
17 September 2015 /retail /inclusion
As surprising as this might sound, FinTech might be your best bet if you want to make the world a better place today. Lower barriers to entry brought about by the digitisation of the world are forcing the financial services beast to take a new shape – one that puts a higher premium on giving their customers what they truly need, how they truly nee...
07 September 2015 /inclusion Innovation in Financial Services
Graham Seel Principal Consultant at BankTech Consulting
Is a move toward digital savings a better answer to the financial needs of poor women than continuing to roll out robust savings associations? An excellent paper just published by Women’s World Banking pleads for more active consideration of gender in the design of digital savings products. The paper, “Digital Savings: the Key to Women’s Financia...
03 September 2015 /inclusion Financial Inclusion
The financial services industry is facing more rules - and harsher consequences than ever before if they fail to observe them - notably in complying with anti-money laundering (AML) regulations for know your customer (KYC). In Singapore late last month, the UK Prime Minister David Cameron warned there was “no place for dirty money" in Britai...
03 September 2015 /regulation /inclusion
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.