162 Results from 2018, /retail
Inese Zepa Lead UX Architect at UXDA
There is a huge misconception that investing in customer solutions is enough to ensure successful banking digitization. According to a World Economic Forum report 2018 by Bain & Company, only 1% of $1.2 trillion digital transformation investments will actually achieve their set targets. We believe one of the causes is that only a few realize -...
23 October 2018 /retail /wholesale Banking Strategy, Digital and Transformation
John Doxaras CEO at Warply
Banking 101 Ever since the establishment of Banca Monte dei Paschi di Siena - first bank in history-, banking is all about helping businesses grow. This principle is vital in today's banking system, followed by laser focus challenger banks who aim to strategically grow their portfolio. The reason is simple, business banking has one significant be...
23 October 2018 /retail /wholesale Fintech
Retired Member
Those that know me personally know that I love technology, especially where it improves our lives. My most recent acquisition is a robotic roti maker, and having used it I’m sharing what I learnt and how those learnings can helps banks. Robot Revulsion “Why did you buy this, do you not like my Roti”, was the first reaction of my wife. And after a
22 October 2018 /retail
Note - This is in context to banking channels in India. Is there a way to maximise earnings from Savings Account? This is my first post, so I will start with a basic idea – Savings account. It is usually the first fundamental instrument that I am sure most of us would already be having. Now, I can guess most of us would be having an account with so...
18 October 2018 /retail Personal Finance
Today, banks are facing many challenges, not just high fees and lack of transparency, but competition from emerging fintech companies who are entering the market with modern applications and innovative solutions. With the industry going through a digital transformation, it’s crucial for banks to be more agile with their corporate payments solution...
17 October 2018 /retail Banking Strategy, Digital and Transformation
Marten Nelson Co-founder and CEO at M10
Let’s work backwards. Most banks know that the final deadline to comply with PSD2’s Regulatory Technical Standard (RTS) is 14th September 2019. Eleven months away. Following the amendments to the RTS, however (based on industry consultation and lobbying from third party providers), there is another deadline for banks to negotiate, which is much soo...
17 October 2018 /retail Open Banking
As a highly-regulated industry, banking has traditionally focused on locking data down and making it secure. But a new breed of digital-first consumers is now challenging financial services organisations to innovate. In the face of fintech start-ups, incumbent banks are racing to complete digital transformation programme to secure future business ...
15 October 2018 /retail Data Management 101
The disruption of the banking industry started a while ago, with more and more challenger banks serving both private customers and SMEs. Everything from current accounts to money transfers to credit scoring is increasingly streamlined with AI and machine learning algorithms; it's mostly done by new companies, though, while traditional banks in many...
15 October 2018 /retail Banking Strategy, Digital and Transformation
There are a lot of discussions on LinkedIn about the Brex duo - two 22-year olds who built a unicorn in less than two years. “Young and inexperienced, did not invent anything new, there are thousands of similar products, etc”. Well, it’s not that simple anymore. Anyone can get a dictionary with thousands of words. Very few people can use those kno...
14 October 2018 /retail Banking Strategy, Digital and Transformation
Ambrish Parmar Digital Leader, Strategist, at Thought leader and Start-up Advisor
Dear community members, 250,000 reasons to say thank you. The Banking Strategy, Digital and Transformation community group has passed the 250,000 readership mark within 3 months. ~ 50 posts // over 250,000 views, global participation covering subjects such as Open Banking, Banking Strategy, Digital Transformation, Customer Experience, Branch Strate...
12 October 2018 /retail Banking Strategy, Digital and Transformation
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