244 Results from 2022, /retail
Maria Schuld Head of Regional and Community Banking at FIS
BaaS defined Innovative firms looking to offer traditional banking products create remarkable opportunities for traditional banks seeking additional revenue streams and partnerships. While fintechs, neo banks, big techs, and other non-traditional players are enthusiastic about offering banking services, some community and regional banks have been ...
15 February 2022 /retail Banking Strategy, Digital and Transformation
Nick Green Director at Purple Patch Broking Ltd
How financial services procurement can gain better leverage with credit data providers Over the last few years, financial services businesses have grown to rely on procurement to support and strengthen supplier relationships. That’s especially true during the pandemic. According to one study, 52% of enterprises viewed procurement’s impact during t...
15 February 2022 /regulation /retail Financial Supply Chain
Amir Nooriala CCO at Callsign
It’s easy to forget that the internet is still in its “Wild West” era, where the frequency, complexity and devastation wreaked by fraudsters is only worsening with time. As the entry point for most online transactions, retailers are on the frontline of the battle against cybercrime and destined to interact with malicious actors. To tackle these ...
14 February 2022 /retail /identity Banking Strategy, Digital and Transformation
Andrew Beatty Head of Wealth, Retirement & International at FIS
In 1776, Adam Smith proclaimed in the Wealth of Nations that “Consumption is the sole end and purpose of all production.” [1] Since then, academics, governments and others have tried to predict and model consumer spending. However, the reality is that even at the personal level it can be challenging for individuals to predict and plan their own sp...
11 February 2022 /retail /inclusion Open Banking
Retired Member
The Financial Services Industry has gone through a rapid and significant digital transformation journey in the financial year 2020-21 viz. Digital Adoption, Cognitive Automation, Conversational Servicing, Video KYC, and open banking etc. The need for digital technologies is gaining momentum in the financial services industry and innovation is goin...
11 February 2022 /retail /predictions Innovation in Financial Services
Kartik Swaminathan Author - 3F: Future Fintech Framework & Founder at Fintastech (Fintech Consulting & Coaching)
New age technology enables Financial Solutions to be tightly integrated (embedded) across various other segments / industry & Solutions. This embedding of Fintech, enables a non financial player to enhance their proposition and convenience to customers by providing financial solutions that are critical for transactions, sales, revenues & e...
11 February 2022 /retail /startups Embedded Finance
Sireesh Patnaik Chief Product and Technology Officer (CPTO) at Pennant Technologies
7 Ways Financial Institutions can Overcome Cloud Adoption Challenges in their Lending Operations The lending industry is known for being slow in adopting new technologies while continuing to rely on disparate technologies with outdated user interfaces for laboriously completing tasks. Research shows that 30-40% of lending resources’ time gets used...
11 February 2022 /retail /cloud Banking and Lending Solutions
Matthew Williamson Vice President of Global Financial Services at Mobiquity
Despite origins in gaming and social media, the Metaverse’s application has extended beyond entertainment to traditional sectors. Several practical applications of Metaverse technology including Virtual Reality (VR) and Augmented Reality (AR) have facilitated the buying and selling of goods in an entirely virtual environment. These virtual environ...
09 February 2022 /retail /predictions Futuristic Banking
Christophe Kasolowsky Partner at Baringa Partners
RPA in Finance Robotic Process Automation (RPA) can be traced to the early 2000s, but the technology entered mainstream Finance transformation solutions around 2015. To put this into context, a KPMG paper published in 2015 cited research that found only 12% of financial services firms had gone live with RPA solutions, 24% of firms were only talkin...
08 February 2022 /retail /wholesale Financial Transformation
Jordan Glazier CEO at Wildfire Systems
Banks are experiencing a sea change in the competitive landscape from an increasingly fragmented set of nascent fintech competitors and the platoon of “Buy Now, Pay Later” startups and in addition to traditional competition from other banks and the newer payments competitors such as PayPal. This year alone, almost 3,000 new fintechs have been mint...
07 February 2022 /retail Disruption in Retail Banking
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