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Location
Singapore
Member since
2007
Reads
Moneythor
Writes about
Payments Sibos Retail banking Wholesale banking

Olivier's blog archive

2023 (1) 2018 (1) 2014 (1) 2013 (3) 2012 (1) 2011 (1) 2010 (3) 2009 (1) 2008 (1) 2007 (3)
Olivier Berthier
Accolade: Blog group founder

Olivier Berthier

CEO at Moneythor
Message Message me Posts: 17 Comments: 6
Bio Olivier is the Founder and CEO of Moneythor, a financial technology company operating an online personal finance service and developing banking software components designed to help consumers monitor and improve their financial performance straight into their existing online banking services. Oliv Career History Olivier was previously Global Solutions Director, Transaction Banking at Misys where his role was to manage the strategic direction and the successful roll-out of Misys portfolio of front-to-back products in the Financial Supply Chain, Payments, Messaging and e-banking space. Before that, he was

Blogs

Banking Strategy, Digital and Transformation

Embracing digital in the face of bank branch closures

26 Jul 2023

In recent years, the landscape of banking across the globe has undergone significant transformations. Among these many changes, the closure of bank branches on the high street has become a common sight, driven by technological advancements and changing consumer preferences. As reported in Finextra, over the last few weeks, some of the UK’s biggest...

Digital Banking Trends

Cracking Personalisation in Digital Banking

24 Oct 2019

When done correctly, personalisation in digital banking can increase customer engagement, reduce support costs and drive revenue. Technologies like AI and advanced data analytics are making personalisation possible and financial institutions around the world are putting their best foot forward as they implement personalisation strategies. While ...

Online Banking

Digital banking engagement: where are the metrics?

17 Sep 2018

As banks are busy digitalizing every corner of their firms to prepare for the "Fourth Industrial Revolution", many seem to be missing a key complement to their digital adoption strategy which is digital engagement. According to RFi Group, true digital maturity is not just about technology, rather it is about having meaningful criteria to...

Online Banking

Personalization comes to digital banking

21 Jan 2014

A personalized customer experience has been a de-facto feature of online services and particularly e-commerce for years. Pioneered by the likes of Amazon and their mining of data to create a truly curated experience, consumers have grown to expect tailor-made services from all their online providers. However, when it comes to banking, little perso...

2

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Olivier is Commenting on

Should existing Fintech vendors do more to nurture start-ups?

  Nice one, Mick!  

15 Sep 2015 Reply Read article

Retail banking customers' satisfaction does not mean loyalty

  Mark, thanks for your comment. I get your point on regulatory issues and I do agree, particularly when it comes to providing investment advice. However there are many insights which can be provided online by financial institutions to assist their clients over and above the basic reporting of transaction details and without crossing the regulatory line. Those are the ones I was referring to. It might be better to call it money management and financial literacy 101 then, rather than "financial advice". Take spend analysis, proactive alerts and anomaly detection or peer comparison and benchmarking, for example. I insist that the online channel is an excellent medium for this kind of more intelligent transaction reporting, whether you're on the Web-based channel, tablets or smartphones apps.    

07 Jun 2013 Reply Read article

A reprieve for cheques - but is it needed?

  And please let's remind ourselves that cheques are also physically dangerous for your health: http://bit.ly/pdC4P8  

15 Jul 2011 Reply Read article

Is Basel III bad for finance?

  And then there is also the likely negative impact of Basel III on trade finance... As it stands today, and as been reported like never before, from the G20 to national banking associations, Basel III advocates increased regulation and further constraints on trade finance instruments to meet its admirable objective of tackling excessive leveraging.  Lower-risk traditional instruments, such as Letters of Credit (despite their short-term nature) are included in this treatment because, among other things, of the rigidity of its one-year maturity floor on all lending facilities. Trade finance would suffer under the proposed Basel III recommendations by bearing a flat 100% credit conversion factor because of the off-balance sheet treatment. There are ways to circumvent this with the Advanced Internal Ratings approach, but this arguably is only really possible for the larger banks as it requires extra effort and resources for retrieving the in-depth historic data needed for reporting.  For most of the regional and local banks, such Basel III proposals would result in a poorer situation for the majority of banks than under Basel II – and indeed it will be significantly worse than Basel I’s 20% credit conversion factor for trade finance. We cannot and must not let Basel III be even worse for trade finance than its predecessors. Now, if we trust the final line of a recent press release from the Bank of International Settlements indicating that "as requested by the G20 Leaders, the Committee will also evaluate the impact of the regulatory regime on trade finance in the context of low income countries", there might be hopes that we will end up with fair treatment in the final version of the revised rules so that the trade finance industry and therefore global trade will not suffer. Fingers crossed.  

17 Dec 2010 Reply Read article