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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

Retired Member

Retired Member 

Governance, risk and compliance: the top five focus areas for the board

While the importance of effective governance, risk management and compliance (GRC) is generally understood, how and where it is managed can still vary. Day-to-day, multiple functions and departments within the business are likely to handle GRC operations but overall, it is essential that the board and C-suite own and drive the GRC strategy. Creati...

/regulation

Retired Member

Retired Member 

Taming the Wolves of Wall Street: voice recognition is the next frontier of compliance

Remember the rogue mastermind of Leonardo di Caprio’s character in Martin Scorsese’s Wolf of Wall Street? Based on the real life story of Jordan Belfort, the movie showcases one compliance breach after another – as dozens of ‘successful’ calls mis-selling penny stocks were made every day. With many noticing – but no one paying real attention or wi...

/ai /regulation

Alexander Arabey

Alexander Arabey Director of Business Development at Qulix Systems

The transformation of digital banking trends and nice-to-haves into essentials

There are a lot of articles out there about Digital Banking trends, but few of these trends become must-haves for digital banking and fintech projects. So, in this text, we are going to provide insights into the most promising changes in banking software development. In addition, we are going to touch upon such topics as cost estimates and approxi...

/devops

Retired Member

Retired Member 

Digital Banking: thriving banks tend to choose co-development instead of ready-made software

Like other businesses, banks tend to go digital, moving from mostly brick-and-mortar presence at the financial market and vigorously competing for leadership in e-channels. At this point, banks have 2 ways to go: to invent and implement new digital solutions in order to keep up with (or even beat) competitors or to stay in the niche and admit t...

/devops

Roland Bloesch

Roland Bloesch VP, Global Head of regulated Industries at SAP Customer Experience

Adapt to survive: Intelligent technology is vital for corporate banking

The digital financial services landscape is changing at an unprecedented rate. Facing increased pressure from customers and competitors, banks are being left no choice but to transform themselves in order to survive. Amid this rapidly changing environment, there is an argument that change isn’t a bad thing due to the wealth of opportunities present...

Retired Member

Retired Member 

The Advance of Blockchain into the Banking Industry

Blockchain is now all around us, and it’s taken up a major presence in many areas of our lives. This is only going to become more and more true in the future, making it important to stay in touch with this technology for those who want to make the most of their finances in the future. That’s because finances are the one area that’s been especially...

Simon Hawtin

Simon Hawtin Marketing Director at ezbob

Top 5 benefits of lending-as-a-service

Lending-as-a-service (LaaS) is an emerging trend in banking and financial services that is seeing lenders turn to the latest technology in order to boost their service offering. The growth of LaaS is fuelled by open platforms that enable financial institutions to build, launch and operate better products for their customers. The impact of cutting-e...

Alexander Arabey

Alexander Arabey Director of Business Development at Qulix Systems

Digital banking: 5 things you need to know before starting a project

Pitfalls and issues will inevitably arise while working on any project: from building a house to creating a digital banking system. In this article I provide a brief overview of digital banking projects in a technological context to help you learn more about the implementation of digital banks and types of obstacles you may encounter. Sure, 5 is a...

/devops

Retired Member

Retired Member 

Can incumbent banks fight off newcomers with digital identity?

At least for the foreseeable future, the big players in banking aren’t going anywhere and they remain some of the most trusted institutions in our society, despite what people might say (very much a case of put your money where your mouth is). Despite a massive rise in purely online banks, mobile banks, and the multitude of fintechs appearing on t...

/retail

Ambrish Parmar

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

Vulnerability in the digital workplace - a spark for innovation?

Vulnerability in the digital workplace - a spark for innovation? Time to read: 5 minutes to gain a different perspective (800 words) // A privilege // A few months back, I had the honour of discussing vulnerability with colleagues and clients as part of a re-imaging customer experience session. The focus of exploration was customer vulnerability ...

/inclusion

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