1396 Results from 2021
Yuliya Barabash Managing Partner at SBSB Fintech Lawyers
No need to be afraid of payment systems Businessmen generally prefer traditional banks, choosing to avoid payment systems. Many people believe that classic banks are much more reliable than payment systems. When we at SBSB offer our clients to open an IBAN account with a payment system, they are usually strongly opposed to this. Their first reactio...
14 January 2021 /payments /wealth Banking Strategy, Digital and Transformation
Retired Member
Today, you need to know what’s happening in your business in real-time. Faced with pressure from legislation and the emergence of new digital ecosystems and partnerships, traditional banking incumbents compete with new fintech players across the entire financial services arena. The value chains that previously existed are starting to unbundle base...
14 January 2021 /cloud /predictions Banking Strategy, Digital and Transformation
Andrew Beatty Head of Wealth, Retirement & International at FIS
Managing change is not easy. This is true for most organizations, and especially for banks. But, as management guru W. Edwards Demining bluntly stated, “It is not necessary to change. Survival is not mandatory.” Let that sink in. Any business committed to future prosperity must overcome fear of the new and embrace change. This blog considers how mo...
14 January 2021 /retail /covid-19 Banking Strategy, Digital and Transformation
Orkhan Nasibov CEO at Guavapay, Ph.D. in Economics
The financial industry is going through drastic changes over the last few years and fintech’s speedy acceleration has driven the innovations in financial services. Technological innovation and finance have long since gone hand in hand. The industry has been quick to adopt technology since the early days of computing and fintech and logically evolut...
14 January 2021 /payments /predictions Fintech
David Fagleman Director at Enryo
For the best part of the past decade the use of cash for day-to-day transactions has been declining as people became more confident using Chip & Pin, contactless and mobile options, as well as increasingly opting for online shopping in favour of the high street. According to UK Finance, cash accounted for 20.4bn transactions in 2010 (c.58% o...
13 January 2021 /inclusion /predictions Financial Inclusion
Matthew Swendsen Solution Marketing at Oracle
MP3 Players. Smart Phones. Social Media. These technologies have become so ubiquitous to our daily routine that it’s hard to remember life before them. Yet, all were introduced within the last 20 years and have continued to transform rapidly. Think about your first MP3 player, and then think about how you consume music (and podcasts) today. There ...
13 January 2021 /cloud Digital Insurance Trends
Dmitry Dolgorukov CEO at GiniMachine
These days almost every lender or credit union needs to automate their credit-granting processes to meet customer needs. Hence they face a challenge - purchase of an off the shelf software or invest money in one and only solution. OOTB might be crowded with functions, while custom development time is far too long. The alternative is configurable s...
12 January 2021 /retail Banking Strategy, Digital and Transformation
Adam Holden Chief Executive Officer at NorthRow
If we thought 2019 ‘was quite a year’ and that 2020 would bring some challenges, then how on earth do we begin to verbalise the last 9 months? Despite epidemiologists warning of a once-in-a-lifetime pandemic, the most advanced nations in the world were ill-prepared for the scale of the fall-out. The effects of which are still being felt, and will ...
12 January 2021 /regulation /crime Big Data
Riten Gohil Director & Co-Founder at Sphonic
Is Identity Broken? Identity is broken, or many will have you believe so, in reality it sort of works allowing hundreds of millions of consumers and businesses around the world to activate and access services around the world. Clearly more needs to be done, and the industry is burgeoning with new solutions, approaches, strategies and movements to ...
11 January 2021 /regulation /identity Finextra site news
Gabe McGloin Head of Business Development EMEA at Verifi at Verifi Inc
2020 has been an unprecedented and testing year for many businesses, consumers, and governments alike. However, these tests have stimulated innovation and accelerated the pace of change, advancing digital transformation by at least five years in the space of six months. Many companies in the e-commerce space have been able to benefit, while others...
11 January 2021 /predictions
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