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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.
Retired Member
In a recent study it was found that the Artificial Intelligence could be a near $450 billion dollar opportunity for banks. What does this mean? It gave a clear picture of the transformation and adoption of latest digtial tools that the banking sector needs to be familiar with. As we all know that the banks have millions of data spread across dispa...
13 November 2019 /ai
It’s pretty much the last word for Money 2020 as next year is 2020 and it is with this in mind that I am thinking about the conference and the industry, where we have journeyed from and opportunities still left to uncover. First, my main takeways from the conference: There was little in the way of breakthrough innovation. Regardless of booth size,...
12 November 2019
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
INTRODUCTION Innovation is about changing the status quo in a way that adds value to stakeholders. To demonstrate adding value requires measurement. With this clear definition of innovation, lets apply it to regulation. THE REGULATORY FABRIC AS A MARKET The scope of this challenge is huge as the regulatory fabric impacts every person and every o...
11 November 2019 /ai
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Blog nbr 400. The benefits of moving faster to a Data-driven Economy are clear. The mission in short: better service, mega-shift in productivity, sustainability through less waste and CO2, fact-based decisions, true single European market, global transparency and the end of grey economy. Without banks taking more responsibility and politicians r...
06 November 2019 /retail
The Treasury Select Committee have made some observations as a result of their concerns about bank IT failures. It’s an interesting view and one that reflects the way that the industry is already moving. Their report can be accessed here: https://www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/news-parliamen...
28 October 2019
Reghunathan Sukumara Pillai Consultant at Infosys
For implementing digital in any Bank/Financial Industry/organization, there has to be shift in the organization culture. Leaders in every department have to move out of the comfortable glass door and understand the journeys to be undertaken at every level in the organization – be it operational/business/strategic and how the journeys impact the cu...
27 October 2019 /retail
Peter Larsson Business Eeveloper - Europe at Tietoevry Banking
The Nordic region has long been considered a pioneer of digital payments, with some of the lowest cash usage levels in the European Economic Area. But where it has struggled to modernize services is in the cross-border space. This is particularly crucial in a region with large volumes of trade and tourism between the partners. 18,000 Swedish work...
19 October 2019
Deborah O'Neill Head of UK Digital and Partner at Oliver Wyman
Around the UK, alarm is growing from a belief that robots are taking away jobs. This fear is misplaced. From the steam-powered cotton mills of the industrial revolution to the rise of ATMs in the 1970s, there is little evidence to support the theory that mass unemployment arises from introducing robotic processes, because new kinds of jobs always ...
18 October 2019 /retail
Matthew Phillips Head of Banking, UK and Ireland at Diebold Nixdorf
Financial services remain a favoured target of skilled cybercriminals, which has left the industry scrambling to keep pace. Yet, if we consider the recent advancements in technologies such as artificial intelligence and the pressing reality that fraud is likely to become more targeted, could fraud actually be calculated and predicted? There’s no d...
17 October 2019 /security
Chris Holmes Senior Vice President at KAE Consulting
The main barrier for cryptocurrencies earning mainstream use has been the volatility of their value; frequent news stories of Bitcoin’s value falling significantly over a short space of time no longer cause any kind of surprise. A key driver for the volatility in cryptocurrency markets is the fact that many cryptocurrencies derive their value from ...
11 October 2019 /payments
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