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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

Anna Kuzmina

Anna Kuzmina Expert at Fintech

Greek salad recipe: how to change people habits in 3 years

Let’s make a Greek salad: first throw in the heavy financial crisis with culmination in 2015, then add the cruel limit of 60 euros per day per card to take the cash out of ATMs, cut the possibility for outgoing money transfer, pore in a little bit of anxiety and panic, add bulks of the bank card acceptance infrastructure upgrade, and finally add

Nancy Weir

Nancy Weir Industry Principal at Pegasystems

RegTech’s role in the transformation of Client Lifecycle Management and KYC Operations

Let’s face it. Onboarding and KYC operational processes have had to change significantly over the last 10 years as regulatory requirements and customer expectations have changed. Long gone are the days of financial institutions being able to rely on relationship managers “knowing” who their customers are, and where they got their wealth. The fi...

/regulation

Ambrish Parmar

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

How to fly a kite in a hurriane - Banking Strategy

Flying a kite in a hurricane // Creating space to play // Flying a kite is all about watching out for the right conditions and making agile adjustments along the way, taking into consideration wind and space. Now, I must confess I am not much of a kite flyer – despite my various attempts to teach my young children on the weekends. I recall the day...

/retail

Aksinya Sorokina

Aksinya Sorokina Banking Specialist at IFC - World bank Group

TRANSFORMING BANKS WITH DATA INTELLIGENCE

Current digital age requires banks effectively manage information by consciously learning from its experience and feeding this learning into its strategic development agenda. The data can be explored to its full potential only if the entire data lifecycle is properly managed: from data collection, recording, monitoring and cleaning to visualizatio...

/inclusion

Barley Laing

Barley Laing UK Managing Director at Melissa

Is now the time for one global ID verification data source?

It is an inescapable fact that for effective ID verification, and therefore KYC and AML compliance, financial services companies need to access to billions of records in real-time to ensure adequate checks are made while onboarding a new customer, and deliver that all-important smooth customer experience. The issue is, if you are a financial servi...

/regulation

Retired Member

Retired Member 

Global Asset Management in 2020

Amid unprecedented economic turmoil and regulatory change, most asset managers have afforded themselves little time to bring the future into focus. But the industry stands on the precipice of a number of fundamental shifts that will shape the future of the asset management industry. One such shift is globalization. More than 40% of asset managers ...

/ai /regulation

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Privacy By Design - How IT systems may evolve in banks under GDPR

A lot is being read, written or heard about GDPR – it’s relevance, implications to institutions that collect personal data, and ramifications of non-compliance. Therefore, this will not deal with any of these in detail. Keeping it simple we will try exploring 4 specific impact points within financial institutions because of this regulation, and th...

/security /regulation

Retired Member

Retired Member 

The valuation of banks in a more fragmented market

This is the first in a series of blogs looking at the top 10 banking trends highlighted by Accenture for 2019. Building on their predictions, I plan to explore some of the themes raised, starting with the topics of fragmentation of the market and bank valuation. Banking – unlike manufacturing, for example – has been built as a vertically integrate...

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Settling the skepticism over JPM Coin

During the past week and this weekend, the financial services industry has witnessed an overdoze of journalism surrounding JP Morgan's first (big) entry into the crypto-coin space and most of it is focused around questions related to Jamie Dimon's previous critical views about "Bitcoin" when he had said - "You cant have a business w...

Rik Coeckelbergs

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

15 years to rediscuss the gentlemen’s agreement on 24 free cash withdrawals

By Rik Coeckelbergs Dear journalists, dear Test Aankoop, dear politicians, Last weeks there were 2 news items worth discussing: Belfius has its API marketplace made public. This is a huge step in the direction of a more innovative, and more competitive market, in line with the ambitions of PSD2 bpost bank communicated price increases, including a ...

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