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A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.
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Matt Jones Director at Payments Culture
As climate change continues to move up the agenda of not just policy makers, but also the wider public, many of us were glued to watching the events unfold at this year’s annual United Nations Climate Change Conference, COP26. On an almost daily basis we are presented with information on the day-to-day impact of climate change from various voices i...
17 November 2021 /payments /sustainable
Steve Morgan Banking Industry Market Lead at Pegasystems
Telephone banking and chatbots unsurprisingly proved popular for customers during the pandemic because of how they allowed them to interact with people at their bank in a safe and convenient way. Research from GlobalData found that from 2017 to 2020, the number of active telephone banking customers almost doubled, and mobile usage saw a 15 percent...
14 October 2021 /retail /covid-19
Retired Member
Midsized financial institutions must pay close attention to anti-money laundering Midsized financial institutions (with $1 billion - $10 billion in assets) play an essential role in our financial system, especially in the U.S. where banks with less than $10 billion in assets represent 14% of the market and 97% of the total number of banks. Unfortu...
22 September 2021 /regulation /crime
Thomas Pintelon Head of Strategy at Capilever
While many financial players are investing heavily in transforming the credits domain, the financing products themselves have not changed significantly in the last few decades. Instead, innovation is mainly focused around digitizing and automating existing credit products and processes using modern techniques to better assess the credit risk. In o...
15 September 2021 /retail /predictions
John Bertrand MD at Tec 8 Limited
‘Twas in another lifetime, one of toil and blood and online fraud When blackness was a virtue the road was full of mud I came in from the wilderness, a creature void of form Come in, she said I'll give ya shelter from the scamming storm Bob Dylan, with thanks, Deposit fraud occurs when money in the form of electronic or paper payment is put into a ...
25 August 2021 /payments /crime
Yuliya Barabash Managing Partner at SBSB Fintech Lawyers
Saying that blockchain is a universal technology would not give an actual idea of the scale: the chain technology has already been implemented successfully in completely different domains and is currently used in over 40 areas ranging from communications and political strategies to international supply chain management and healthcare. I am happy t...
02 August 2021 /crypto /markets
"It’s about me, here and now" can be considered as the catch phrase for customer centricity. In the banking industry this means providing financial services 24/7 via any channel (including third party apps via embedded banking) and as personalized as possible. However, in reality many banks are still organized in a product-centric way. T...
06 July 2021 /retail
Anthony Carfang Managing Director at The Carfang Group
Twenty years ago, Prime Money Market Fund (PMMF) assets were equivalent to 11.9% of U.S. GDP. Today, following a decade of scapegoating and regulation, they are down to a miniscule 2.3%. Commercial paper, upon which companies rely for short term working capital and are a primary holding of PMMFs, has decreased by two thirds over the same period. T...
05 July 2021 /crypto /markets
ESG investing is gaining momentum but how do fund managers and investment firms rapidly evolve to make it an integral part of how they do business? The climate crisis, corporate mismanagement, COVID-19, social justice movements – each in their own right have had a significant impact on how we perceive business value and business purpose. Combined, ...
05 July 2021 /sustainable /markets
Dmitry Dolgorukov CEO at GiniMachine
The previous year was one of great uncertainty. It exposed the vulnerabilities in society and fundamentally changed the way people did business. With many face-to-face services closed, the finance industry was driven to find innovative ways to connect with customers. The path ahead is full of challenges and opportunities. Let’s look at what this m...
10 June 2021 /markets /predictions
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