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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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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
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...
18 June 2019 /devops
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...
18 June 2019
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...
11 June 2019
Simon Hawtin Marketing Director at ezbob
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...
05 June 2019
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...
04 June 2019 /devops
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