1034 Results from /inclusion
Leslie Kanthan CEO at TurinTech
Artificial Intelligence (AI) and generative AI continue to make headlines. As Chat GPT marks its first birthday, the technology behind it, Large Language Models (LLMs), continue to show a wide range of applications and have shown promising results across a variety of use cases and industries. For instance, McKinsey reports that the productivity ...
30 November 2023 /inclusion /predictions Artificial Intelligence and Financial Services
Lydia Coyle Management Consultant at Woodhurst
To navigate the complex landscape of channel strategy, Building Societies must consider their core mission of serving diverse customer needs while adapting to changing technological trends. How do Building Societies create the optimal physical channel strategy? Preserving the human touch: Branches can remain a differentiator and a key point of val...
27 November 2023 /people /inclusion Financial Transformation
David Hensley Founder at Enryo Limited
Credit unions are member-owned, non-profit financial cooperatives that provide a wide range of financial services, including everyday banking, and savings accounts, loans, credit cards, and investment products. According to the latest statistics from the Association of British Credit Unions Limited (Abcul), there were 246 credit unions in the UK. ...
23 November 2023 /retail /inclusion Financial Inclusion
Rajat Deshpande CEO and Co- founder at FinBox
Any product is created to fill a gap experienced by an ideal customer persona. Loans, for example, are offered to customers facing financial difficulties or cash flow crunches. However, they often come in such rigid packages that their one-size-fits-all approach may undermine the very purpose for which they were designed. Term loans aim to solve f...
23 November 2023 /startups /inclusion Fintech World
How long does it take Building Societies to update products on the back of rate changes? Rapidly responding to market rate changes is critical for staying competitive, maintaining commercial stability and demonstrating that you are doing the right thing for your members. Speed matters: Being swift in updating your product offerings to reflect rate...
21 November 2023 /people /inclusion Financial Transformation
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
Hello there, e-commerce enthusiasts! If you own an online store, you understand how critical the checkout experience is to the success of your company. And this is where the unsung hero of internet purchasing, the closed-loop wallet, enters the picture. Why Are Closed Loop Wallets Required for E-commerce Platforms? Closed-loop wallets are transfo...
20 November 2023 /regulation /inclusion Fintech World
Edward Maslaveckas CEO at Bud
Today, consumers and households are faced with mounting economic pressures, as they continue to struggle through the unpredictable financial shifts of the past eighteen months. The FCA’s Financial Lives survey found that the number of people struggling to meet bills and credit repayments had gone up by a staggering 3.1m at the beginning of 2023 (1...
15 November 2023 /startups /inclusion
Are Building Society colleagues doing high-value tasks that drive success of the organisation? "I want employees to have more time to provide good outcomes to the customer rather than doing lots of manual work. I want the customer experience and the employee experience to be as frictionless as possible." - Phillippa Cardno, CEO of Newbury...
15 November 2023 /people /inclusion Financial Transformation
Vimla Jai Vice President New Initiatives at National Bank of Pakistan
In a world rapidly evolving towards a digital future, the role of Central Bank-issued Digital Currencies (CBDCs) is gaining prominence. As we explore this groundbreaking development, it is essential to consider the impact, potential opportunities, and challenges that CBDCs present. The Unbanked Population: A Critical Concern Pakistan, like many ot...
15 November 2023 /inclusion Change Management
Susana Delgado Head of Consumer & SME Payments Strategy at Swift
An effective global payments ecosystem must unlock socioeconomic benefits for economies across the globe – no matter the size or remoteness. Empowering efficient cross-border payments offers opportunities for widespread financial inclusion for everyone from businesses to consumers. In 2020, the G20’s Financial Stability Board (FSB) underscored the...
14 November 2023 /payments /inclusion
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