842 Results from /inclusion
Retired Member
Regulatory Challenges for Financial Institutions Banks are facing an increasing amount of regulatory challenges. Rules around know your customer (KYC) are particularly receiving increased attention, with financial institutions needing to ensure that they do know who they are conducting business with in order to stay compliant. Against this bac...
18 September 2015 /regulation /inclusion
FinTech has been lauded as a game-changer in nearly every sense of the word, but can it also revolutionize the way banks serve women? Right now, women clients are finding that FIs simply aren't meeting their specific needs. In fact, a BCG survey of more than 12,000 women from 21 countries found that of all the industries that affect their daily ...
17 September 2015 /retail /inclusion
As surprising as this might sound, FinTech might be your best bet if you want to make the world a better place today. Lower barriers to entry brought about by the digitisation of the world are forcing the financial services beast to take a new shape – one that puts a higher premium on giving their customers what they truly need, how they truly nee...
07 September 2015 /inclusion Innovation in Financial Services
Graham Seel Principal Consultant at BankTech Consulting
Is a move toward digital savings a better answer to the financial needs of poor women than continuing to roll out robust savings associations? An excellent paper just published by Women’s World Banking pleads for more active consideration of gender in the design of digital savings products. The paper, “Digital Savings: the Key to Women’s Financia...
03 September 2015 /inclusion Financial Inclusion
The financial services industry is facing more rules - and harsher consequences than ever before if they fail to observe them - notably in complying with anti-money laundering (AML) regulations for know your customer (KYC). In Singapore late last month, the UK Prime Minister David Cameron warned there was “no place for dirty money" in Britai...
03 September 2015 /regulation /inclusion
Transparency in the process of government subsidy from allocation to distribution to reach the intended receipient is the foundation for confidence in the government and for even economic growth. There have been several such programmes in India from decades. In the past the sharp depletion of dollar number as it percolated was close to 50% (educat...
02 September 2015 /payments /inclusion Transaction Banking
If there’s one thing that’s going to make a business sit up and listen – its money, especially when it comes to avoidable fines. So, with the Financial Conduct Authority (FCA) listing over £800 million worth of fines to businesses breaching financial principles on its website this year, you would think the industry would be more careful about its ...
01 September 2015 /inclusion
Neil Crammond risk education & real time market abuse at DIVENTO FINANCIALS
Sell in May ...BUY back on St Ledgers day !" September 10th approaches and could not come soon enough as investors return from their Summer vacations and hope to restore confidence in this fragile market . 3 of the past 5 years FTSE / Indices have tumbled in August ; commodity prices are the lowest seen this century; FTSE is where we were...
01 September 2015 /regulation /inclusion
Way back in 1955, All India Rural Credit Survey Committee recommended availability of institutional credit to the unbanked people in the country. The outcome was State Bank of India. We are in 2015. Much water has flown under the bridge since, yet there is a gap in availability of banking services to the masses in towns, villages and in remote ha...
25 August 2015 /inclusion Social Banks
WHY QUANTATIVE EASING IS A WEAPON OF MASS DESTRUCTION ! History tells us that planning an escape from Q.E. is virtually impossible, our last effort kept rates on hold for over 23 years and concluded with the start of WW2 . This “normalisation” of our economy is proving very painful to accept; it appears we have enjoyed the benefits of stock mark...
24 August 2015 /inclusion
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