94 Results
Andrew Beatty Head of Wealth, Retirement & International at FIS
Like physical health, financial health is a very private matter – and both forms of wellbeing are closely intertwined. Unfortunately talking openly about personal money matters is often considered taboo. For many, it is difficult to talk about because money is in short supply. Conversely, others are embarrassed by their riches, so talking money is...
10 August 2022 /retail /inclusion Consumer Financial Health
In my last blog we discussed the evolving role and positioning of bank branches in the digital age. This blog considers the crucial role of technology in delivering a truly omnichannel and seamless banking experience, and its implications for the bank branch of the future. Bank branch economics are changing fast, but many people still like to vi...
22 July 2022 /retail /predictions Banking Strategy, Digital and Transformation
Bank branch networks continue to decline steadily. Consumer research shows that U.K. banks are cutting branches at a rate of 60 per month[1], and a similar pattern is apparent in many other countries. Few doubt that the future of banking is largely digital, so how will bank branches survive? This blog explores a new role for the bank branch in a d...
23 June 2022 /retail /predictions Banking Strategy, Digital and Transformation
As discussed in my prior blog, “Green Finance” is both a challenge to be met and an opportunity to be seized. In this blog we’ll dive deeper into the Environmental, Social and Governance (ESG) revolution – with a focus on “green bonds” – and consider the essential role that technology can play to further elevate and illuminate this market-moving ...
19 May 2022 /retail /sustainable Banking Strategy, Digital and Transformation
ESG is both an acronym and a market mover, but what does it really stand for? In the absence of definitive standards many terms are interchanged to describe a company’s performance as a steward of nature and how it manages relationships with employees, suppliers, customers and communities. It seems there are many shades of green. This blog explores...
05 May 2022 /retail /sustainable Banking Strategy, Digital and Transformation
My last blog explored Banking as a Platform (BaaP) to assess its market drivers and potential benefits. Today’s blog considers Banking as a Service (BaaS), a business model which is sometimes described as the inverse of BaaP. Are these two bookends really complements or substitutes? BaaS offers a new route to market for banks. It empowers them to...
21 April 2022 /regulation /retail Banking Strategy, Digital and Transformation
Banking as a Platform is becoming a hot topic but what exactly does it mean? BaaP refers to a model where a bank integrates services from fintechs and offers these to its own customers. In practice it is the inverse of Banking as a Service (BaaS). Banking as a Platform empowers a bank to adopt a fintech approach and accelerate delivery of product...
07 April 2022 /retail /cloud Banking Strategy, Digital and Transformation
Embedded finance is becoming a hot topic in banking. While the concept is not new, it has taken on new dimensions thanks to modern technology and innovative applications, and its impact and potential are notable. Embedded finance can be simply defined as “the use of financial services by a non-financial company”. Familiar examples of embedded finan...
10 March 2022 /payments /retail Embedded Finance
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
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
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