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Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

Garima Chaudhary

Garima Chaudhary Head of Fin. Crime Solution Consulting at Oracle

How Advanced Technologies Can Fight Money Laundering by Drug Traffickers

Drug Trafficking Is Widespread Drug trafficking is a global problem—and despite decades of research, regulations, and enforcement, it remains a $400 billion global business. Government ministries and agencies around the world continuously monitor and research illicit drug markets to gain a more comprehensive understanding of this nefarious industr...

/regulation /crime

Elliott Limb

Elliott Limb Chief Customer Officer at Mambu

2021 Fintech Predictions

A return to relationship banking The move away from customer-centric banking was so gradual that we barely noticed it. There was a time when having a personal relationship with your local branch manager who you met with regularly, understood your finances and gave you advice was commonplace. Digital technology changed this, focusing on convenienc...

/cloud /predictions

Jane Zimmerman

Jane Zimmerman Principal Solution Marketer at Oracle

Don’t Let the Beauty of Art Disguise Money Laundering

Money Laundering in the World of Fine Art Criminals remain relentless in their quest to stay one step ahead of the law. The connection between money laundering and the rarified world of fine art is a perfect example of their nefarious creativity. While no one knows how much money is laundered through art, art and collectible wealth held by ultra-hi...

/regulation /crime

Retired Member

Retired Member 

Basics of digital onboarding: what are the consequences of bad customer onboarding?

A business which asks for too much information or is confusing about their data needs will simply alienate the customer. Customer onboarding has always been important, but in the new digital world, where most things can be found, bought and sold with the touch of a button, customer expectations and demands have increased. So what happens if there i...

/regulation /identity

Retired Member

Retired Member 

Basics of digital onboarding: why you need to know who your customer is

“The human face is, after all, nothing more nor less than a mask.” Dame Agatha Christie, the famous murder-mystery writer, once said. Our face is just a mask in an ocean of masks, and it only shows what we want to show, not who we really are or how we feel. While this quote refers to the process of how we tend to hide our true emotions, it could al...

/regulation /identity

Retired Member

Retired Member 

Why Collective Intelligence amid COVID-19? How to build organisational resilience & innovate

Collective intelligence and dialogic communication are possibly alien concepts amongst the banking and financial services community. Many senior leaders would likely dismiss it as irrelevant to their particular responsibilities and business objectives. I’m sorry to say that if this is the case, they are missing a trick. Strategising in the world ...

/covid-19

Diederick Van Thiel

Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | Ecology Innovations | IKANO | Channel

Win or lose? Winning banks break through the Big Tech Nash equilibrium.

In today’s ever-changing business landscape, where companies need to try and stay ahead of their competition, innovation should be one of the most important focus areas. According to strategy consultant BCG, innovation indeed is a top-three management priority for almost two-thirds of companies. This is however the lowest level since the financial...

/retail /covid-19

Payson Johnton

Payson Johnton CEO and Co-Founder at Crowdz

Modernizing Fintech Compliance in a Post-COVID Economy

The COVID-19 pandemic has changed life as we know it. People have switched traditional retail stores for online delivery, students at schools and universities have had to switch from in-person classes to online learning, travel has been suspended almost entirely, offices have been closed and workers sent home to work remotely - if they haven’t bee...

/regulation /covid-19

Thomas Pintelon

Thomas Pintelon Head of Strategy at Capilever

Investing - A spectrum of choices

In our last blog we introduced a number of ways how banks can activate the ever increasing amounts of saving deposits, by turning them into investments. However once customers have taken the decision to activate their money, they still have a variety of investment services and products to choose from. Investment services With regards to investment ...

/wealth

Farah Miller

Farah Miller CEO at Helixtap Technologies

Dealing with Uncertainty in the Rubber Markets

Information is the Key to Future Success Rubber market in a state of flux The uncertainty of 2020 has caused a great deal of turbulence in the commodities markets and natural rubber has certainly also felt this impact. At the start of 2020, the Association of Natural Rubber Producing Countries (ANRPC), was forecasting an increase in production and...

/startups /markets

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