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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

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

Regulation Chatbots: Knowledge First, Data Second

Data is the enabler for any digital strategy. Organizations need timely and accurate data from human interactions. This is an imperative for sensing early and responding quickly to ever changing circumstances. We all collect data from customers, employees and suppliers using forms, checklists and surveys. This data must be of high quality otherwise...

/ai /regulation

Retired Member

Retired Member 

When You Think Disruption, Think Beer

That might sound a bit odd, but it’s true. The disruption happening in the financial sector now, with neobanks, fintechs and e-banks - not to mention business development companies and private equity firms and real estate investment trusts on the commercial side - a lot is changing in the staid, conservative world of banking. That’s where beer com...

/retail

Rik Coeckelbergs

Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene

Top 3 threats for banks today

Recently I represented The Banking Scene at Money20/20 Europe. I skipped one year, so my last edition was in Copenhagen. Man… this conference has grown. The coffee I took at the entrance, was almost cold when I finally reached Mainstage. To my surprise, their growth was for me personally the biggest eye-opener of this edition. The conference is t...

/retail

Rik Coeckelbergs

Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene

The rise of superapps in ASEAN at Money2020 Asia

In March we had the second edition of Money20/20 Asia in Singapore. The conference was once again the perfect place to gain a better understanding of the dynamics in ASEAN financial services industry. Like last year, the conference was quite an eye-opener from time to time. This post will run you through the remarkable phenomenon of the rise of su...

Rik Coeckelbergs

Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene

The future of banking is for the nimble and niche players

March 14 was the official deadline for financial institutions to have their API platforms ready for PSD2. I had the pleasure to celebrate this at LUXHUB’s Europen Open Banking Panel, on March 13 with a great list of key people of the industry. A day later, I was invited by Capco at their innovation conference, which was titled “Neobanks, fintechs ...

/payments

Shailendra Malik

Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank

Godzilla with an itch - Banks' issues with Technology

That itch, damn it is frustrating and annoying but still can’t get rid of that itch, it's there, right there. As the folklore goes it is said that when Godzilla gets an itch at his back he generates lightning to tickle his back and get rid of that itch, but with age, the power to create that strong lightning diminishes and it needs a giant flying

David Donovan

David Donovan Executive Vice President at Publicis.Sapient

Why a Platform Business Model is key to accelerating Top Line Growth at Financial Services

The titans of the banking industry need to set aggressive aspirational goals and execute upon strategic platform building capabilities to grow top line revenues, take their business beyond their core capabilities and compete with digital native platform companies that are moving into the banking domain. Platform business models pioneered by techno...

/retail

Michael Lynch

Michael Lynch Chief Strategy and Product Officer at Deep Labs, Inc

Artificial intelligence - A multidimensional technology that can mitigate risk and increase revenue

Within organizations, fraud professionals and those responsible for revenue growth have been working against each other for decades. You can stop fraud almost completely of course, by making it nearly impossible for your customers to transact by placing limits on the transaction or transfer amount, excessive manual reviews, and requesting addition...

/ai /security

Retired Member

Retired Member 

Why trade and supply chain finance needs a technology awakening

Traditional trade and supply chain finance operations are undergoing a technological awakening: blockchain with smart contracts, Machine Learning, AI and the Internet of Things will bring trade into the digital age. McKinsey reports trade is in it self undergoing transition. In 2017, gross trade in services totalled $5.1 trillion against goods at ...

Ambrish Parmar

Ambrish Parmar Digital Leader, Strategist, at Thought leader and Start-up Advisor

Game Changers - Strategy and Innovation

Time to read: Five minutes to gain a different perspective ‘The more we travel, the less we know.’ —The Beatles // The Fosbury Flop The other day, I was flipping through an assembly of television channels with my children and trying to find something to watch. We eventually landed upon athletics, a discipline I was not very fond of at school and, t...

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