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Banking Strategy, Digital and Transformation

Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Calculation engines in Financial Services - A key differentiator in the business strategy

All business processes in the banking industry contain quite some specific business logic. Rather than coding this aggregated in one business application, it is wise to setup separate components for this logic. These components we will refer to as financial engines in this blog. Usually these engines can be quite easily isolated, as they receive a...

/devops

Vikram Srivats

Vikram Srivats Vice President at WaveMaker

Banking on Low-Code: The Secret Sauce of Digital Banking Systems That Are Crushing It

So far, the low-code bastion has been mostly custom applications (built by “citizen” developers) – which are, sort of, spectrally opposite to core software platforms built by professional coders. The tide is now turning. Software platforms, specifically in the banking world, are embracing – even infusing – low-code capabilities – either through bui...

/retail /predictions

Amber Marquardt

Amber Marquardt Head of Global Retail Banking - Solution Marketing at Oracle

Breaking Down Digital Banking Transformation: Why It's Time to Revise the Traditional Rules

The digital banking revolution is not going to slow down and wait for banks to catch up. A rigid, siloed banking platform hampers innovation and presents an opportunity for competitors to gain the upper hand. How you choose to build or reinvent your bank depends on your transformation goals and can be hindered by your legacy infrastructure. At th...

/retail

Tim Simon

Tim Simon CEO at Madiston plc

How many people does it take...to process a loan?

The answer to the question above is: "...as close to zero as practical!" Full disclosure: we are massive advocates of automation. If you have read our earlier posts in this series, you will know that we believe that automation is the route to profitable, sustainable digital lending businesses. The role of skilled people is to monitor ...

/retail /markets

Retired Member

Retired Member 

Don't Lock the Unbanked and Underbanked Out of America's Post-COVID Recovery

For Americans who don't have a bank account or a credit card, shopping for a chair or a computer they need can quickly turn into an exercise in humiliation. The misconception of being unbanked can make it stressful to ask a sales associate who is guiding them around the store whether alternative options are available. Then come the application form...

/payments /covid-19

Andrew Beatty

Andrew Beatty Head of Wealth, Retirement & International at FIS

What Else is New in Banking 2021?

New Business Models, Low-Code Development and More APIs As historian James W. Loewen puts it: “I’m looking forward to the future, which is a good thing, because it’s coming.” This is the second of my 2-part blog series where we consider what to watch for in 2021. In today’s blog we move on to operational and technical trajectories – specifically ...

/retail /predictions

Retired Member

Retired Member 

We all know about Open API’s, Open Banking but what about Digital Overlays?

Open API’s and Open Banking has been a hot topic for quite some time now, but very little has been said about Digital Overlays. What if I told you that Digital Overlays is the key to unlock the full potential of Open API’s and Open Banking. There are many banking initiatives underway that are driven by various factors, such as regulatory, innova...

/payments /retail

Matthew Williamson

Matthew Williamson Vice President of Global Financial Services at Mobiquity

Banking on lockdowns: The digital opportunity in COVID-19

Adapting to continual lockdowns The closure of bank branches demonstrates the true scale of COVID-19 and the shift in customer behaviour during the pandemic. Banks are now adapting and future proofing their business models in response to societal changes. The shift in customer behaviour has put increased pressure on banks to not only accelerate di...

/retail

Yuliya Barabash

Yuliya Barabash Managing Partner at SBSB Fintech Lawyers

World’s Leading Neobanks

The neobanking wave is sweeping all countries and continents, from the EMEA to South America. The term coined in 2017 means a new type of financial institution offering state-of-the-art, quick and flexible services directly available via a smartphone or messengers. The growth of neobanks peaked during the global anti-COVID quarantine. For instance...

/payments

Chris Holmes

Chris Holmes Senior Vice President at KAE Consulting

The state of FinTech: a recap of 2020 and a glimpse into 2021

2020 was a very challenging year for most industries, and FinTech was no exception. However, the FinTech industry seems to have weathered the storm that continues to ravage the globe. Below we discuss three of the main trends KAE identified as defining for the industry. Maintained growth & consolidation Following the outbreak of the pandemic...

/payments /predictions

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