Digital Banking Trends

Digital Banking trends and Industry Intelligence for Bankers, Fintechs, and Solutions Providers

Retired Member 

Do we need PFM at all?

A new concept could replace PFM in its current form. Is there anyone who hasn’t read a blog post or white paper about how personal financial management (PFM) is dead? PFM tools have come under fire because of their flawed and not so user-friendly features. No wonder that customers are still not fans. They largely ignore the possibilities PFM of

30 July 2018 /retail

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Latest on E- & M-Banking volumes in Finland

Central Bank statistics reveal continued growth in both banking contracts and its use for e-invoicing Consumers signed up: 2015: 6,230 million (entire population is 5,5 - so many are paying for service in more than one bank). 4,0 million use e-invoicing. Easy and convenient as mobile ad hoc or direct debit-like authorization is included. 2016: 6,4...

29 July 2018

Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank

Idea of money and wealth

Every age or generations have their unique relationship with money. In past 100 years we saw multiple global conflicts, both militarily and financial in nature. That has hugely affected the way people perceive and relate to banking, but certain relationships remain constant. You may see banking differently but your relation to money is constant. T...

29 July 2018 /retail

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

9 Ways Banks will Change in Next Few Years

Fintech - Financial Technology has greatly disrupted the way that banks and financial institutions operate today. Think about it, today its hard to imagine not using Paypal. But just like Paypal totally disrupted the financial system, we have a whole suite of changes that are just around the corner. I turned to nine financial experts to predict the...

18 July 2018 /wholesale

Rajesh Y Consultant at Infosys

I am the password

With increase in mobile banking and transactions, banks are increasingly looking at new ways of providing a secure and yet convenient way of authenticating its customers. Fintechs, banks and vendors are also working towards providing the customers a seamless and user friendly experience while providing them the security and comfort that they can

13 July 2018

Retired Member 

AI in digital banking sales: win the 200 billion dollar race

AI has been a buzzword in digital banking for quite some time now. Yet not all bankers know what it can do for them in practice, especially when it comes to digital banking sales. The predictions are high. UBS research amongst 86 banks says AI could boost banks' revenues by 3.4% and cut costs by 3.9% over the next three years. According to Tabb,

09 July 2018 /ai /retail

Adrian Black Founder at NorthRow

Remote Reality?: Demand for secure, remote customer onboarding

The financial services industry is facing an unprecedented changing landscape of customer expectations and technology. There has been a significant rise of branchless challenger banks (such as Starling), as well as an increasing need for large incumbents to offer remote onboarding as they prune their branch networks. These changes are driving a ra...

04 July 2018 /retail

Retired Member 

Banking in any Bank, Digital Banking Simplified

Introduction Banking has evolved from manual banking to computerized transaction processing, home branch to core banking where transactions can be processed from any of the bank branches. Additional channel offering allows self- care customer service and transaction processing through ATM/Internet banking/Mobile banking etc. It has been more than ...

02 July 2018 /retail

Ørjan Bagn Head of Service Design at DNB

Painless international identification, is it possible?

Just last week I was part of launching DNB ID, an app making it possible to safely and securely identify people regardless of nationality, using a phone, passport and face. I work in DNB (Norway’s largest financial institution) where we each year have over 80.000 passport based identifications. This could be related to customer on-boarding, transa...

20 June 2018 /regulation

David Donovan Executive Vice President at Publicis.Sapient

Insight to Impact: Leveraging Digital Intelligence Platforms For Personalised Financial Services

“I want the world, I want the whole world I want to lock it all up in my pocket, It's my bar of chocolate Give it to me now! Don’t care how, I want it now.” - Willy Wonka and the Chocolate Factory Seems like Willy Wonka and the Chocolate Factory had an idea of what the digital customers of today would expect from companies. That is, the desire f...

19 June 2018