1026 Results from 2017
Timothy Murnaghan CEO at Analytic Risk Technology
The Bank of England will publish the stress test results next week (having brought it forward from December). The big banks face a tough annual cyclic scenario and an additional “lower-for-longer” exploratory scenario. The longer scenario is also interesting as it becomes less dominated by mortgage losses and the longer term will need an increased ...
22 November 2017 /regulation Financial Services Regulation
Retired Member
In the face of changing times, Banking and Financial companies might encounter some rough patches in the near term– largely owning to the fact that customer expectations are at all-time high, un-sure digital strategies can be really un-forgiving, channel flux is extreme and speed to market is frankly become ‘maddening’. Today, consumers expect the...
22 November 2017 /ai Futuristic Banking
With all the hype about identity theft and other consumer-side digital crimes, it’s easy to overlook the fact that merchant fraud is still one of the most common and costly causes of financial loss for acquirers. Merchant fraud can be very hard to detect – especially given the complexity of the digital payments ecosystem. Yet, the work put into de...
21 November 2017 /payments /regulation
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Take structured e-invoicing (PDFs are pictures - worse than paper). Steps: 1. Go for a four courner model and choose a standard for all to use. 2. Convince also banks to join with the basic e-invoicing service where any enterprenaur (20m SMEs in EU) can fill in the invoice form and press send. For repeat invoices it means copy+new invoice numb...
21 November 2017 Digital Banking Trends
We are approaching the most critical juncture in the history of modern banking. The impact of regulation, in concert with the increasing deployment of transformative technologies, is permanently altering the way banks operate and do business. Banks as 'connectors' imaginBank’s David Arranz used his keynote address to set the tone, leaving delegates...
21 November 2017
Sayed Ali Sharafudeen Senior Manager, Customer Analytics at Genpact
When customers walk into their bank, they normally expect to talk to a personal banker or customer manager to discuss their need or issue. With every customer tending to demand personalized relationship with their banks, scalability issues creep in for a branch level personalization for each and every customer. However, retail banking has gone dig...
21 November 2017 /ai /retail Futuristic Banking
Peter Kinahan Senior Consultant at Intuition
One of the assumptions made by many in the post-Fintech world is that banks and other incumbents are engaged in a fight to the death over an already saturated marketplace; that this war for a finite market is a zero-sum game where most end up as losers. The reality is entirely different. New technologies and design-led, user-friendly applications a...
21 November 2017 Finance 2.0
Nobody ever said it would be easy 2017 has seen the rules change, the financial services sector will never be the same again. Competition is rife, regulation is overwhelming, and customer attitudes are fickle, emerging technologies are now presenting incredible opportunities and if you’re willing to step outside your comfort zone then the benefits ...
21 November 2017 /wholesale Capital Markets Technology
The hot topics in retail banking are becoming increasingly clear as banks start to consider much more strongly their approaches and strategies for the digital economy. Broadly speaking, three themes have taken centre stage, first, around Digitalisation itself and how banks are embracing the challenge of making this happen. Secondly, Banking as a P...
21 November 2017 /ai
The investment Banking Industry is in the state flux. Digital revolution, increased regulation, and seismic shifts, the industry is now aware of the threat that they have been trying to stay ahead. Everyone knows the era of transformation has been underway for over a decade now. Technology now serves as Value proposition in Capital Markets Industr...
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