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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

Pooja Golakonda

Pooja Golakonda Lead Consultant at Edgeverve

IOT: Adds life to things

I vaguely remember reading about classification as living and non-living things in my childhood days, but now with IOT, we can visualize redefining them, and comfortably say, I can have a chair that communicates, shoes that connect to a network, door lock that can sense me walking close by. This technology enables the things around you to sense, c...

Retired Member

Retired Member 

System Audit with help of Artificial Intelligence in Banking

Across the globe, banks are facing major issue with digital banking, cyber security, regulatory audit and compliance issues. Further, any lapses found during internal / external or regulatory audit of the bank would lead to regulatory fines levied based on the issues ascertained. The reputation of Bank is founded on trust from its employees, clie...

/ai /retail

Retired Member

Retired Member 

Know me, consult me, take care of me: Banks need to raise the bar for financial advice

Continuing my blog series looking at Accenture’s 2019 banking trends, this time I’m exploring how improved adoption of cloud and data analytics will enable banks to raise the bar in the way they deliver retail financial advice. We’ve seen some exciting advancements in banking over the past few years with regard to digital assistants. With many ban...

/retail

Retired Member

Retired Member 

What You Need to Know About Adoption Marketing

It’s no longer enough to have well-situated branches with helpful, friendly staff. Technology has made building your brand more complicated - and potentially more profitable. But leveraging that new opportunity also comes with challenges since it has brought new competitors into the sector - fintechs, neo banks, etc. And you can’t build out a tech ...

Retired Member

Retired Member 

Capabilities to be built on- Blockchain Payment Platform

Across the globe, banks are adopting to new technology for secured Banking in payments area. As Corporate Banks / Financial Institutions seeks to have safe and secured network to perform remittance transactions. Blockchain network have the capabilities to meet the technology demands of bank and Financial Institutions with secured network and enab...

Saloni Ramakrishna

Saloni Ramakrishna Author; Senior Director at Oracle

Industrialization of Risk and Regulatory Processes in Banking , The way forward

I had, in my last blog, said “The objective of Industrialization is to drive innovation and efficiency by reengineering the value chain to add measurable value”. In this blog, I take a deeper dive into process of Industrialization with Stress Testing platform as the use case to illustrate the point. The regulators are demanding consistency across r...

/regulation

Reghunathan Sukumara Pillai

Reghunathan Sukumara Pillai Consultant at Infosys

Redesigning user and customer interfaces for seamless digital experience and journey

Introduction User journey and customer journey are the buzzwords in the IT industry, given the need for redesigning applications for a better user/customer experience. When it comes to selecting or prioritizing software applications for redesigning, from amongst multiple applications that provide similar critical business functionalities, user exp...

/retail

Rik Coeckelbergs

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

When your bank realises financial advise is no longer enough

Banks these days are increasingly testing how to grow their value in consumers’ daily life. A few articles in the Belgian press in the last few days showed this once again. It is a process that is ongoing for quite a few years now. A very interesting evolution I must say… Your bank, your security guard KBC started offering anti-virus subscriptions...

/retail

Shailendra Malik

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

Tribification of Agile

Imitation is the best form of flattery, but what Spotify did to Agile and what industry doing to it by trying to replicate is atrocious. If something works for a company and it is different from the norm, it means that company has stepped on a self-exploratory journey and discovered the things that are unique to their company and company’s cultur

/devops

Barley Laing

Barley Laing UK Managing Director at Melissa

Why delivering personalised communications is a must in financial services

Study after study highlights personalisation is what consumers increasingly expect from the brands they engage with. For example, research from Epsilon reveals that 80 per cent of consumers are more likely to do business with a company that offers personalised experiences. With online financial institutions that rises to 89 per cent, and for those...

/retail

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