218 Results from 2020, /retail
Retired Member
Nowadays, the financial services industry is more critical than ever. Professional services involving the investment, lending, and management of money and assets keep society running on all levels. From private individuals to global trade and commerce, there is a full digitalization of financial services rapidly under way – and cybercriminals are ...
09 October 2020 /security /retail Information Security
Jim Craig Co-Founder at Conotext
How do community financial institutions (FIs) stay relevant during and beyond the pandemic? Well, the first thing is, leadership needs to change its view of what digital banking (and digital marketing) means. When ATMs hit the US scene in 1969, this was the first wave of what has become known as digital banking. In this iteration, it was about auto...
08 October 2020 /retail Banking Strategy, Digital and Transformation
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Such a no brainer that governments should work harder to get banks to expand the offerings only they can deliver cost-efficiently and securely. Starting from e-ID and e-invoices. In the Nordics it happened. Next banking 3.0 - for the data driven economy. https://asiapaymentsconnect.com
08 October 2020 /payments /retail Innovation in Financial Services
For years, we’ve heard that branch banking is on the way out. Banks have been focused on the idea that younger generations want to do everything online, and digital transformation initiatives have centred around creating seamless user experiences on web and mobile and a truly networked society. At the same time, visiting the local branch has been ...
08 October 2020 /retail /covid-19 Analytics in Banking
Tomasz Blicharz BooX Product Marketer at Asseco Poland S.A.
Taking into consideration the initial set up of the financial institution what business measures (out of the traditional calculated ratios like ROI, IRR, etc.) should be taken into account in the decision: go-not-go to cloud? Is that traditional calculation valid or should we take into consideration new e.g. human behavior patterns and related mea...
08 October 2020 /retail /wholesale Cloud Banking out of the Box
Gustav Korobov Senior Sales Executive - Core Banking platform at Advapay
There are many different Digital Core Banking providers in the market. They differ from one to another. Some of them offer only front-end applications, for example, web and mobile banking for end-users, but some of them - only back-end. When choosing the same product categories, such as Digital Banking and Core Banking, it may mean completely diff...
07 October 2020 /retail /startups Fintech
Reed Luhtanen Executive Director at U.S. Faster Payments Council
For most of us, the pandemic has upended our way of life. It has changed our working styles and environments. It has altered shopping habits. It has driven a surge in touchless and remote transactions. And while all of these are colossal shifts for the American people, the one even larger change stemming from the pandemic lies in the transition to...
06 October 2020 /payments /retail Fintech
Michael Boukadakis CEO at ENACOMM
In the first half of 2020, $2 trillion in cash landed in deposit accounts of U.S. banks and credit unions, according to FDIC data. From corporate borrowing to cash-hoarding and stimulus checks, the unprecedented surge was a result of the pandemic. Megabanks saw the greatest deposit gains—they have the most U.S. retail customers, after all, and serv...
06 October 2020 /retail /sustainable Disruption in Retail Banking
Andrew Beatty Head of Wealth, Retirement & International at FIS
There’s a familiar adage, “If it ain’t broke don’t fix it.” While its origins are unclear, it’s essentially a great excuse for doing nothing. A stark reality is that many banks run on platforms that are older than most of their employees. Why? Because they do work. However, as management guru Peter Drucker proclaims, “If you want something new, yo...
01 October 2020 /people /retail Banking Strategy, Digital and Transformation
Today companies have rapidly shifted to cloud technologies. With the disruptive technologies and innovations, unprecedented changes have been taking place in all industries, including Financial Services and Digital Banking. As we can see, cloud technologies have brought different benefits to the stage – for example, resources optimisation in combi...
30 September 2020 /retail /startups Fintech
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