913 Results from /inclusion
Souvik Das Senior Manager, Marketing Analytics & Practice at Genpact
Can we leverage behavioral nudge in designing loyalty campaigns in banks? As a known fact, retaining existing customers cost almost a fifth of acquiring new ones. Quite evidently, banks are always very hungry to get the best out of their loyalty campaigns. The concept of “nudge” popularized by behavioral economists Richard Thaler and Cass Sunstein ...
24 December 2018 /inclusion
Retired Member
Technology is evolving faster than ever, sprouting new business models and paving the way for the rise of fintech companies like Robinhood, PayPal and Coinbase. In addition to disruptions to traditional business models, emerging technologies are also optimizing the way traditional work gets done. One trend that’s gaining particular traction in f
20 December 2018 /security /inclusion Biometrics
Natalie Ceeney’s recently published UK Access to Cash review asks us to consider the implications of a society where physical cash doesn’t exist. It got me thinking of a video clip I used to open a recent conference presentation. It’s a scene from one of the more forgettable Star Trek movies. Captain Jean Luc Picard is chatting to his current roman...
20 December 2018 /payments /inclusion Financial Supply Chain
Moving into a new place can be a stressful ordeal in many ways, especially if it’s an upgrade from your previous one and you’re not used to the new standard yet. As long as you’re careful and know what to expect though, you should be able to make something nice out of your new situation without too much effort, and it will be a refreshing change i...
20 December 2018 /inclusion Personal Finance
Sam Goffman Business analyst at Forex
BitPay CEO Stephen Peir believes that the cost of digital money will increase significantly after it is actively used, the world's youngest cryptomillionaire ErikFinman wrote the “obituary” of Bitcoin and other news of the last two days. Last weekend, most digital money fell; many cryptocurrencies updated their yearly lows. At the same time, sever...
19 December 2018 /inclusion Fintech
The management of corporate actions is an old problem. It is, however, still a major challenge and an area of significant risk for many wealth managers who have not invested in automation. Historically, the cost has been the issue. The high cost of systems to automate corporate action processing made them economically unsustainable for medium and
17 December 2018 /inclusion Innovation in Financial Services
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Loud and clear - Timmerman's horizontal responsibility (see page 40) https://ec.europa.eu/info/sites/info/files/refit-platform-opinions-v26november2018_en.pdf With GDPR and MyData.org gearing up we will see a rapidly growing stream of RTE-data showing up in Life-event-driven service design. This can become a huge movement once people realize that ...
15 December 2018 /inclusion Fintech innovation and startups
Chris Holmes Senior Vice President at KAE Consulting
With traditional providers slow to cater to global citizens, FinTechs have been quick to fill the space, launching innovative solutions to meet global citizens’ banking, remittance and payments needs. While these are undoubtedly amongst the areas most penetrated by FinTech innovation, global citizens’ wider financial needs are now also being addre...
12 December 2018 /inclusion Personal Finance
As you may have read, recently published findings from consumer charity Which? have revealed consumers are not happy about the number of bank branch and ATM closures we’re seeing. Key findings show that of those interviewed: Nearly nine in ten (86%) said they’d visited a bank branch at least once in the past year; Eight in ten (83%) said branches...
10 December 2018 /inclusion Banking Strategy, Digital and Transformation
Kenya’s economy is largely driven by agriculture and tourism. Struck by a drought in 2017, Kenya was grappling with headwinds in order to sustain its economy. The Kenyan shilling took a severe beating. The Central Bank of Kenya was hard at work to keep the economy and the currency afloat. The only beacon of hope for Kenya during those difficult mo...
09 December 2018 /payments /inclusion Financial Risk Management
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