244 Results from 2022, /retail
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
In 2021, the international consulting company Capco prepared a review Insights for Investments to Modernize Digital Banking. Researchers found that 86% of customers see personalization as the basis of their relationship with banks. Consumers are ready to give annual feedback on the work of financial institutions to improve the quality of services...
04 March 2022 /wealth /retail Banking Strategy, Digital and Transformation
Kartik Swaminathan Author - 3F: Future Fintech Framework & Founder at Fintastech (Fintech Consulting & Coaching)
Over the past 3 to 4 years, we have seen the Buy Now Pay Later (BNPL) segment grow exponentially. But, typical to most growing businesses, this segment is also facing some challenges like: - a. Increasing Regulatory scrutiny w.r.t source of funds and given that BNPL has often operated in a grey zone. b. Allegations of lack of transparency and vario...
03 March 2022 /payments /retail BNPL
Retired Member
Introduction Digital banking services are now of critical importance to financial services customers. In the digital age we live in, banks must be able to offer complex products whilst giving customers access to services at their fingertips. Many of the ‘analogue’, traditional banks have been slow to change the way they prioritise business cases t...
02 March 2022 /retail /predictions Banking Strategy, Digital and Transformation
David Ritter Director, Financial Services Strategy at CI&T
Recent financial news headlines of record bank profits and banker bonuses often paint banks as villains. However, they miss out that many have lost consumers to upstart rivals recently. Much of the recent surge in earnings instead resulted from a flood of institutional trading and investment banking (IPOs, M&A, etc.) - the result of unpreceden...
28 February 2022 /retail Banking Strategy, Digital and Transformation
Andrew Beatty Head of Wealth, Retirement & International at FIS
Even the most unobservant realize that the pandemic has accelerated digitalization – in banking and elsewhere. For many months, bank customers were forced to adopt remote banking, and millions of people have now shifted to online and mobile banking. While initially this shift was born of necessity, it resulted in droves of customers discovering th...
24 February 2022 /retail /predictions Banking Strategy, Digital and Transformation
Sheza Gary Project Strategiest at Self Employed
A carbon footprint measures the number of greenhouse gases produced in a human's day-to-day activities. Therefore, reducing it improves the sustainability of the environment to a great extent, while increasing it has opposite effects. Sustainability greatly affects all sectors, including the banking sector. Banks are now adopting sustainability pr...
23 February 2022 /retail /sustainable Going green
Nick Green Director at Purple Patch Broking Ltd
How procurement can drive innovation and efficiencies in financial services The financial services sector is going through extraordinary levels of transformation. These external pressures are forcing financial institutions to focus hard on their credit data suppliers, seeking to marry innovation with quality and cost savings. Procurement can have a...
22 February 2022 /payments /retail Financial Supply Chain
Neobanks have received significant attention but also massive investments from venture capital firms. Neobanks globally raised more than $12 Billion in 2021, despite the global economic slowdown due to Covid 19. Funding of this scale is not limited to geographical boundaries. The number of digital-only banks has risen from 250 in 2020 to 333 in 20...
22 February 2022 /retail /startups Business
We hear a lot about independent workers these days: people leaving their 9-to-5 jobs to go freelance, taking up gig work after hours, or seeking out alternatives to traditional employment. But does anyone think about how they do their banking? Do banks consider how the current 68 million independent workers — which are expected to reach 90 million ...
18 February 2022 /retail /startups Fintech API Practitioners
Jordan Glazier CEO at Wildfire Systems
Banks are having a collective epiphany: the traditional role they play in their customers’ lives, which has been historically relegated to the “back-office,” must change. To remain competitive in this digital-first era, financial institutions need to shift their role and deploy offerings that position them as more central and essential to consume...
16 February 2022 /retail Fintech
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