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Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
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Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene
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...
04 July 2019
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 ...
04 July 2019 /payments
Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank
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
30 June 2019
David Donovan Executive Vice President at Publicis.Sapient
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...
26 June 2019 /retail
Michael Lynch Chief Strategy and Product Officer at Deep Labs, Inc
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...
25 June 2019 /ai /security
Retired Member
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 ...
25 June 2019
Ambrish Parmar Digital Leader, Strategist, at Thought leader and Start-up Advisor
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...
24 June 2019
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...
21 June 2019 /regulation
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...
21 June 2019 /ai /regulation
Alexander Arabey Director of Business Development at Qulix Systems
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...
20 June 2019 /devops
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