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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
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Jamie Nascimento Chief Commercial Officer at LemonTree Software
(602 words; 2 min) “you never got fired buying IBM”. The old adage that safe bets don’t go wrong is dying out. To get ahead in today’s competitive world, you need the right tech, not just the most popular or biggest. Let’s find out more. If you have spent any time in the tech industry, you’ll know the phrase ‘no one ever got fired for buying IBM’....
18 September 2020 /devops /startups
Retired Member
Outsourcing, or the use of external competencies, is something that management often considers; What parts of my organization can be outsourced, and what to keep in-house? The question that often arises is, “will this system or process give me a cost advantage if it’s outsourced?” If the answer is yes, then they move the operation outside of
08 September 2020 /devops /inclusion
Steve Morgan Banking Industry Market Lead at Pegasystems
The trend in digital banking is one that continues to build momentum. A widely held belief was that there are a number who resist - generally of the older generation – preferring to stick with more traditional banking. Yet recently, McKinsey research has revealed that consumer preference for handling everyday transactions digitally is as high as a...
02 September 2020 /retail
Saurabha Sahu Senior Solution Consultant at Wipro Limited
Banking industry is going through a massive transition and transformation to get the next generation of tech-savvy individuals on their platforms through various means. Emerging technologies such as Augmented Reality (AR) /Virtual Reality (VR) have been a boon, and a significant contributor to the future of banking by letting banks to create immers...
29 August 2020 /payments /inclusion
Jonathan Shanks CEO and co-Founder at Appvia
The fintech industry as we know it wouldn’t exist without the cloud. No financial app, comparison website or any of the other numerous innovations we’ve seen emerge from the last decade would be possible without it. Given its intrinsic value to fintechs, it is perhaps surprising that very few are using the most cost effective solution. Millions in...
26 August 2020 /cloud /devops
Adrian Klee Partner, Digital Banking at Ross Republic
Apple card. Shopify merchant accounts. Amazon loans. Increasingly, non-banking players are branching out into banking services to improve user experiences and tap into new revenue lines. Such native integrations of financial services into non-banking verticals, e.g. accounting SaaS or marketplaces, are called embedded banking. We expect the embedd...
10 August 2020 /payments /startups
Joris Lochy Product Manager at Intix | Co-founder at Capilever
With more and more companies switching from transaction-based consumption to subscription-based solution models and customers (both consumers as businesses) actively adopting this trend, the management of these subscription services becomes more and more difficult. Very quickly you start accumulating a lot of different subscriptions, which are aut...
In a rapidly evolving regulatory landscape that's tightly coupled with the ongoing COVID-19 crisis, GRC transformation has become extremely crucial to both short term and long term success of an organization. Enterprises must adapt to the emerging trends on the horizon, maximizing efficiency, and optimizing costs across the GRC value chain. In thi...
04 August 2020 /regulation /devops
Claus Christensen CEO at Know Your Customer
Traditionally, a digitisation project at a financial institution has been a unique opportunity to shape the way entire teams work, introducing procedures and systems that would stay in place for a long time. But this was before 2020. Since the beginning of the pandemic, financial institutions had to adapt to new challenges at an extraordinary spee...
27 July 2020 /regulation /covid-19
An ever-evolving regulatory landscape has posed major challenges for financial services firms in recent years. But the move to remote working, prompted by the COVID-19 pandemic, has posed a completely new set of compliance challenges. Although lockdowns are now easing, financial services businesses have realised that even with their teams largely...
24 July 2020 /regulation /people
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