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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

Tim Simon

Tim Simon CEO at Madiston plc

How to get the Win-Win-Win back into Online Direct Lending

Part 2 - What needs to be done now to get Online Direct Lending (ODL) / Peer to Peer Lending (P2PL) back on track for compliance, profitability and sustainability? The first in this series of blogs, published on 26 January 2021, looked at "How and Why the Industry lost its way". We looked at developing sustainable / profitable business m...

/retail /markets

Yuliya Barabash

Yuliya Barabash Managing Partner at SBSB Fintech Lawyers

2021 Agenda: What Should be the Focus of Financial Companies in the Coming Year?

In-house “ecosystems”, D2C, competition for end-users, neobanking via messengers, solutions design for SMEs involving cryptocurrencies, upgrading of payment systems and cloud accounting. Those are the main global Fintech trends I have identified for 2021: Ecosystem creation The year 2020 showed us that global corporations still focus on creating ...

/wealth /markets

Venkatesh P

Venkatesh P Co-Founder and Director at Maveric Systems

Digitalization: The Future of Wealth Management

The wealth management industry is in the midst of a monumental shift due to changing demographics, the influx of new generation potential investors, transitional global scenarios, and most importantly the rampant digitalization. This pace of change has been long predicted but the pandemic has accelerated its adoption, providing continuous opportun...

/wealth /predictions

Andrew Beatty

Andrew Beatty Head of Wealth, Retirement & International at FIS

What's New in 2021?

Digitalization Becomes the Baseline! Last year, the financial services industry went into overdrive to keep businesses afloat and help customers in great need. Digitalization programs accelerated rapidly as innovation and adaptability rose to the top of the bank agenda. As self-development expert Brian Tracy reminds us, “It doesn’t matter where yo...

/retail /predictions

Akhil Rao

Akhil Rao Director at Nth Exception

How Exactly will ISO 20022 fix reconciliations?

Any TMS morning starts with updating and reconciling the cash positions across accounts by a daily upload of electronic bank statements (MT 940, 942..). This financial reconciliation focuses on balances and net credit and debit movements across the accounts and helps treasurers build an image of liquidity and dealing capital and other requirements...

/payments /retail

Yuliya Barabash

Yuliya Barabash Managing Partner at SBSB Fintech Lawyers

Top Digital and Fintech Supportive Countries

What are the prerequisites for the Fintech industry to flourish in any given country? I would certainly name an adapted legislative framework, the so-called “regtech”, the economic environment and favorable investment climate, as well as mobile and online technologies penetration and the population’s age and digital literacy. It is the combination...

/wealth /markets

Tim Simon

Tim Simon CEO at Madiston plc

How to get the Win-Win-Win back into Peer to Peer Lending

Part 1 - How and why has it lost its way? The key issues. In this series of blogs, I hope to show how the laudable aims of the Peer to Peer Lending (P2PL) industry can play their part in the profitable future of Online Direct Lending (ODL), with an industry-wide solution to benefit all players. First, we need to get to grips with the decisions ma...

/retail /markets

Retired Member

Retired Member 

The deceptive certainty of proven technology in banking

Some people are super enthusiastic and passionate about the possibilities of new Tech. In many cases however, they will be asked if it is proven technology. Which competitors use this new Tech already and what are their experiences? In short, the need for certainty is quite common. Yet what about innovation, to distinguish you from competitors and...

/retail /wholesale

Retired Member

Retired Member 

How Merging AI, NLP, Text, & ML-driven Assistive Technologies are Transforming User Experience

“How many days until the next team meeting?”, "Can you set the timer for 15 mins?”, "Can you order a pizza from my favourite café?" How nice it is when someone can practically follow our commands and organize the day. No, we are not talking about any “house elves” but our very own virtual assistants, Alexa and Siri, which are now bec...

/retail

Retired Member

Retired Member 

Is it time for the Nordics to learn payments innovation from India?

India has completely renewed its digital payments infrastructure and created a model which the rest of the world - including the Nordic - could and should learn from when designing the payment services for the future. The Nordic countries are the most digitised in the world. This has put the Nordic countries in a first-mover position especially whe...

/payments /retail

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