Community
Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
As the owner, you will also give up ownership if you leave this group.
Simon Wilson MD, Transaction Automation at valanticFSA
Standardisation, regulation and technological innovation means payments are well on the way to becoming instant, invisible and free. This is good news for everybody. Well, not quite everybody. Banks are now faced with the significant challenge of transforming business models and legacy technology systems to meet the demands of a new era in payments...
25 November 2020 /payments
Dhruvesh Patel Architect - Technology at Cognizant
In recent era, Banking and Financial organizations are now embracing cloud, the question has changed from “Should we go to cloud?” to “How to embrace cloud?”. This article will focus on cloud modernization basics such as what and why of cloud-enabled digital transformation first and then provide insights on how to approach cloud modernization. Wha...
18 November 2020 /cloud
Retired Member
Banking has really changed in the last decade by the entry of New Age Banks (NAB), NeoBanks and Fintechs. They are rolling out new digital features/services at an alarming rate now. Although,the traditional incumbent banks worldwide are trying to cope up with them, but due to the existing impediments, it slows down their pace to match up with them...
16 November 2020 /people /markets
Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank
Ability and need to be nimble, like a blade of grass that bends to the waves of wind in any direction is possibly the right metaphor to use in comparing our ecosystem, in which we work that is notoriously volatile, and the demand therefore is to continuously adopt to change that is constant. Given this is same for all organizations, the ones that ...
16 November 2020 /people /startups
Consumers today expect convenience, personalization and choice from their financial service providers. As a result, financial institutions are under increased pressure to evolve and keep up with changing customer expectations. The World Fintech Report 2020 from Capgemini and EFMA revealed that 50% of consumers now say their financial services prov...
12 November 2020 /retail /cloud
Andrew Beatty Head of Wealth, Retirement & International at FIS
… and why does it matter to incumbents. Challenger banks are the world’s hottest start-up. Banking Tech suggests there are 102 challenger banks in the U.K. alone, three of which have achieved the “unicorn” status of being valued at over USD $1 billion. So, what’s all the fuss about? In this blog we go behind the scenes to better understand what ...
12 November 2020 /retail /startups
Sam Boboev Founder at Fintech Wrap Up
As a person who is from a Central Asian country which is in close relation with Russia I have always used some kind of Russian made IT product. This applies to fintech products too, for example, among others Yandex.Money is one of the finance apps I use in my everyday life. Until recently Yandex and Sberbank another Russian company were closely coo...
12 November 2020 /payments /retail
Amber Marquardt Head of Global Retail Banking - Solution Marketing at Oracle
Faster. Easier. Cost-effective. Impactful. These are the goals of every financial institution as it manages its burgeoning customer communication requirements. Instead, firms are mired in communication complexity, whether presenting customers with a new offer, delivering monthly statements, or serving up time-sensitive, event-driven information. ...
10 November 2020 /retail
In the past two years regulators in some jurisdictions (most notably the Nordics, UK and the Netherlands) have started to increasingly focus on the quality and completeness of existing client records—including documentation of risk assessment. One of the greatest challenges with these situations is that they create overnight urgency to act. Once th...
09 November 2020 /regulation /identity
Daniel Fasnacht CEO&Founder at EcosystemPartners AG
Investments that are necessary to innovate and serve customers are no longer sustainable while COVID-19 hastens the need to exploit the potential of digital innovations. Serving customers accurately during unprecedented times requires a new mindset and business model innovations. If banks respond to customer requirements in completely new special ...
06 November 2020 /wealth /inclusion
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