244 Results from 2022, /retail
Yuriy Gnatyuk COO at Kindgeek
Cutting-edge technologies have become an essential part of the financial sector. Given their vast outreach and the enormous number of benefits, more and more market players embrace fintech, so the industry grows and develops impressively day after day. A remarkable milestone in fintech has become the deployment of artificial intelligence algorithms...
15 December 2022 /retail /wholesale Artificial Intelligence and Financial Services
Lukas Dvorak Data Science & AI Professional at Profinit EU
AI/ML solutions can be used to help companies assess the needs of their customers more effectively using behavioral microtargeting; address those needs through personal and relevant offerings; and significantly increase their conversion rates for their offerings (e.g. consumer loans). Developing data solutions for financial institutions is somewh...
14 December 2022 /retail /predictions Artificial Intelligence and Financial Services
Retired Member
The new Consumer Duty regulation from the UK’s Financial Conduct Authority (FCA) has instigated a period of great change within the financial sector, requiring financial services institutions (FSIs) – from insurers and financial advisors to payment services and technology providers – to comply with a much higher and exacting standard of customer c...
13 December 2022 /regulation /retail Banking Strategy, Digital and Transformation
Nick Green Director at Purple Patch Broking Ltd
The FCA wants to see a higher quality of credit information and is taking steps to improve the sector. In light of this, the FCA recently published the long-awaited interim findings from its credit information market study. But is the report addressing the key challenges originally identified? What’s fallen through the cracks so far? And is the fu...
13 December 2022 /regulation /retail Fintech
Jeremy Takle Founder and CEO at Pennyworth
Many people wish they had a better sense of their financial future. Worried they'll find out too late they're less financially comfortable than they had hoped. What if, instead, they had access to a time machine? A technology that could help them see into their future and, if needed, go back and make changes in the present. This is our vision for...
13 December 2022 /retail /startups Disruption in Retail Banking
Sarp Demiray
The adage that nothing is more permanent than change has been more applicable to the financial sector than ever in recent years. The digital change train has already left the platform and is about to accelerate, but it is still possible to catch up. This is exactly what is expected in 2023 in the field of digital banking: progress, growth and adap...
13 December 2022 /retail /markets Banking and Lending Solutions
Srinivasagopalan R Vice President at Tata Consultancy Services
The Banking and Financial Services industry continues to evolve, following the recovery from the Covid pandemic. The pandemic encouraged the increased adoption of digital technologies by the consumers and the banking organizations have been quick to adapt and serve. The usage of paper currency and plastic cards are gradually phasing out and the cu...
08 December 2022 /retail /predictions Digital Banking Trends
Leon Gauhman Founder and CPO/CSO at Elsewhen
Outgoing Salesforce President and former BT CEO Gavin Patterson’s call to UK boards to “get digitally literate” underlines a growing concern about the gap in digital skills and leadership at the top of UK companies. The issue is particularly acute in financial services, with a recent study revealing that 81% of FS decision-makers believe their c...
07 December 2022 /retail Digital Bank Transformation
Anoop Melethil Head of Marketing at Maveric Systems
Traditionally marketing functions in banks were accountable for building brand awareness and, to some degree, generating revenue. As post-pandemic trends show, functional areas of customer acquisition, digital cross-selling, and upselling now form an integral part of marketing's digital-first strategy. 52% of Financial Services marketers think so...
07 December 2022 /retail /predictions Marketing in Financial Services
Rajesh Tengshe Consultant at TCS
Metaverse is the new buzzword in the world of business. It promises to transform customer engagement and deliver a captivating and immersive experience to users. The metaverse exists at the intersection of the physical and virtual worlds. While the concept of virtual world gained popularity with advent of video games, other industries are quick to...
05 December 2022 /retail /predictions Trends in Financial Services
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