1026 Results from 2017
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
Consumer advocates ranted about overdraft protection fees in 2008, saying the service was forced down upon consumers. While the uninitiated can Google "overdraft protection" for a prosaic definition of the term, Stanley Bing offers the following tongue-in-cheek description for one of the most lucrative services offered by US banks: “No m...
22 September 2017 /regulation /retail
Retired Member
There are a number of challenges business leaders face when it comes to good financial planning – with concerns around business agility, inefficient reporting and long budget cycles all standing in the way of quality decision making. In a recent CFO survey, shockingly, more than 50% of CFOs said it took them longer than three months to complete a b...
22 September 2017 /regulation Data Management 101
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
The recent OCED (Organisation for Economic Co-operation and Development) “Compendium of Productivity 2017” publication showed global growth, measured by GDP (Gross Domestic Product), should rise from 2.1% in 2016, to 3.5% in 2017, and 3.7% in 2018. Though this is good news, these growth numbers are below those before the financial crises started i...
22 September 2017 /ai /regulation Futuristic Banking
A while ago, I was driving an enterprise wide strategic marketing campaign. Given the nature of the campaign, business importance, impact and reach, I was fairly guarded on the planning and operating model for execution. In simple words - it was a centralized model with well-controlled checks and balances. In one of the checkpoint calls, feedback ...
20 September 2017 Fintech
Bob Lyddon Consultant at Lyddon Consulting Services
In June Banco Popular Espanol (“BPE”) was sold to Santander for €1, with Santander taking over all the assets and senior liabilities of BPE. Crucially BPE depositors with over €100,000 in their accounts were not bailed-in – they did not have the excess converted into “capital-like instruments” in the recovering/resolved bank. The holders of share ...
19 September 2017 /wholesale Financial Services Regulation
Anchal Tiwari Head of Products at Bolero International Limited
An insight into the challenges that plague the C-Suite of a bank determined to lead the trade finance business. Is Digitization the answer? Trade Finance has been a well established and important business for Banks and Financial Institutions. Hardly any domestic or international Trade activity can take place safely and successfully without some fo...
19 September 2017 /sibos Transaction Banking
A question we find ourselves asking is how can we deliver on customer experience in a digital payments era? This blog looks to discover that answer! Scalability, availability, and reliability - these are the crucial foundations of payments systems. Without these, we cannot layer additional functionality onto the core services. This is crucial in th...
19 September 2017 /payments Disruption in Retail Banking
If you want to name one technology with gigantic promises to bring machine further closer to the human endeavors and intelligence, it is machine learning. With computers continuing to be smarter and efficient in interacting with humans, we are slowly entering into a new era in which machines would have more control on human actions than ever befor...
19 September 2017
In the first of this series I outlined the key challenges and opportunities presented to financial services (FS) organisations adopting public cloud technology. In this second article, I continue by discussing some of the specifics around the regulatory and compliance aspects. FS firms have cited regulation and compliance as the biggest challenges...
19 September 2017 /regulation
“Why it's simply impassible! Alice: Why, don't you mean impossible? Door: No, I do mean impassible. (chuckles) Nothing's impossible!” ― Lewis Carroll, Alice's Adventures in Wonderland & Through the Looking-Glass Six of the ten most valuable companies in the world are platform companies. None of the six is a bank. Admittedly, banks are late to t...
18 September 2017 /retail Futuristic Banking
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