Reprioritizing the ‘Trade Finance Transformation ‘in Banks as the world awaits ‘Electronic trade doc

The inefficiency around paper documents in Documentary credit is well known and Banks are in different stages to implement change based on their processes and technological maturity to mitigate tho

bankIO

Can Banks break the Missing Middle with technology in addition to just Credit lines?

A breakup of Business Banking in the UK. 5.5 million businesses were small (0 to 49 employees) forming 99.2% of the total count of private sector businesses, followed at a distant by 35,600 business

Banking Strategy, Digital and Transformation

Electronic Trade Documents Reform - A Successful Model and Lessons Learnt

Lessons for Banks The Unified Payment Interface (UPI) which effects money transfers across Banks in India and developed by the NPCI has been duopoly of two FinTech- Google Pay & PhonePe. Ironicall...

Electronic invoicing

Advent of 5G ! Can Banks do what Uber did in 4G?

Innovation Landscape – Opportunities in Open Banking Customised/New Product Process and People Alignment Advent of 5G Advance in Data & Analytics Progress in Natural Language Understanding &a

Banking Strategy, Digital and Transformation

Apple Pay turns '1' -The Myth of Fintech Disruption

Apple did pick up a big compartment within the financial services industry that can be potentially revolutionized by a tech innovation almost a year ago when it launched the Apple Pay. At the event Ch...

Fintech Insurgency - Disrupting IT Outsourcers Silently By Partnering The Banks

Accenture’s not talking about outsourcing so much these days, but can pitch a strong digital message, says CEO Pierre Nanterme which resonates across the Atlantic when Andy Murray, British tennis ace ...

Confronting the digital disruption - A Banks’ Anti Dote

Francisco González, chairman and CEO of Spanish banking group BBVA states that 50% banks in the world could disappear by ignoring digital transformations and that BBVA will be a software company not a...

Anti-Money Laundering From False Positives To Real Positive With Predictive Modelling And Big Data

The False Positives “If any financial crimes compliance people out there have just plugged in a monitoring system and think that they’re done you’re going to be flooded with alerts without any conte...

Social Media Banking as keystone of the Digital Transformation Arch

As we overcome the ‘hype cycle ‘ with mushrooming technology innovations , banks in their quest for a ‘Next generation Banking ‘ model with ‘social media’ will have a forward integration with the dig...

Internal Models of Banks - Making them more 'Comparable and Credible'

It can be said with reasonable authority about the contemporary global banking system that investors in bank securities and counterparties to banks’ derivatives conduct their transactions on TRUST and...

Banking Regulations

Mobile Banking - The' Biggest of Bank Branches' supplementing the hunger for technology for one segment and the need for a bank for the other

HSBC's oldest customer to download its banking app was 108 years old!!! FDIC says that “In terms of technological change, there is little evidence that the emergence of new electronic channels for del...

Social Media Banking - Balancing challenges and opportunities is the way forward

The figures below would indeed be very tempting to not only make a case for social media banking but to jump to the conclusion that social media is the future of banking .Take the case of Facebook wit...