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.
Paul Shumsky Technology Advisor at Entrepreneur
The bank industry is one of the most attackable fields. It requires high security and there were invented many solutions striving to solve this problem (for example, Microservices). But maybe we are already witnesses of it? Blockchain can eliminate the threat or the risk of fraud in all areas of banking, and this could equally apply to a trading p...
10 September 2019 /payments
Retired Member
It’s clear that fintech can help emerging economies grow but it’s productivity that’s the big challenge in the developed west. Figures such as UK economist John Mills, and investors John Martinson founder of Edison Partners and Ryan Goldenberg of LLR Partners, have long proposed a more bullish approach to growth and productivity in both the west, a...
05 September 2019
Souvik Das Senior Manager, Marketing Analytics & Practice at Genpact
The Innovation Cycle Innovations, options and human response to them move in cycles. In the below diagram, it moves from stages 1 to 4 and restarts at a new “1”, where either technology or need satiation has shifted. It starts with a few, new options. As they gather popularity, the options quickly proliferate through more players or more offerin...
30 August 2019
Craig Ramsey Head of Real-Time Payments at ACI Worldwide
As individual European nations forge a real-time, digital-first payments environment, they raise the bar for all financial institutions conducting business in the Eurozone. Instant payments have become the normality, and it’s no longer a question of “what’s the business case for implementation?” but a matter of how instant payments players can tak...
29 August 2019 /payments
Shyam Khandelwal Business Analyst at HSBC
Do we really need the money as we know it today, in the future? The world is moving fast towards digitalization of financial transactions. The level of innovation happening in payments space is mind boggling. Governments are realizing the benefits of digital transactions and the negatives of cash, as a result, the usage of notes and coins is decre...
27 August 2019 /payments
Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene
Originally posted on Medium on August 2nd, 2019. Some time ago I referred to Hello bank! as a bank that found out that they are very well positioned to become their customer’s real estate manager. They integrated immovlan.be, a real estate website, in their platform to help their clients to look for a house. This week, I witnessed an initiative ...
20 August 2019 /retail
Andrew Stevens Global banking and financial services specialist at Quadient
The Competition and Markets Authority has published its latest personal banking service quality report. The survey asked UK current account holders how likely they would be to recommend their provider to a friend, relative or other business. When the CMA launched this report six months ago, it seemed a natural fit when most customers rated a bank w...
16 August 2019 /retail
Barley Laing UK Managing Director at Melissa
Hot on the heels of the Fourth Anti-Money Laundering Directive (4AMLD), the fifth version (5AMLD) is set to become law throughout the EU on 10 January 2020. With a focus on strengthening transparency rules, this mandate will further deter the concealment of funds and enable the EU to remain one step ahead in the fight against financial crime. 5AML...
16 August 2019 /regulation
Willem Lambrechts Managing Director at Drebbel
I am not bringing breaking news when I state that banks and bankinsurers today face two burning challenges. The first challenge relates to regulatory compliance, the second with the disruption of existing business models and revenues by new, mainly digital players. Those new players target specific business domains such as payments, loans, securit...
09 August 2019 /regulation
Aleks Stefanovski VP Banking at Currencycloud
The rise of global e-commerce (particularly mobile commerce) and the emergence of fintech have significantly reshaped customer expectations on cross-border payments. Customers have come to expect simplicity, transparency and standardisation; whether this be paying with a card at the point of sale, making a transfer via a mobile app or conducting a...
09 August 2019 /payments /regulation
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.