Steve Morgan Banking Industry Market Lead at Pegasystems
The response of the UK government, like many others, has been opening up government backed loan support for businesses. As of the first week of June, over £31bn has been borrowed, although the Coronavirus Business Interruption Loan Scheme (CBILS) has an approval rate of only around 50%. The government’s alternative scheme prepared for smaller bu...
08 June 2020 /people /covid-19 Operational Risk Management
Mattia Bruzzi EMEA Banking Sales Director at Earnix
In my previous post I shared my thoughts and concerns about the banking industry real will to support customers when they actually need it. It is a fact that we – the customers - now more than ever, need our banks to overcome this though moment and, even more, will need the financial system support to boost the economy jump start when the COVID19 e...
03 June 2020 /people /retail Financial Product personalization
Retired Member
Sometimes an idea is so good that everyone has it at once. One such idea is the ROSCA - a rotating savings and credit association - known as ekub in Ethiopia, cundinas in Mexico, tanomoshiko in Japan and dhukuti or dhikuti in Nepal. At a recent developer meetup I was able to hear from from Matthew Addison, CEO of StepLadder who has built a whole bu...
01 June 2020 /people /devops API
Jose Pierre CEO at Marketware International, Inc.
Amid the COVID-19 pandemic, we are seeing and hearing about the innovative ways people are staying connected and reassuring each other. Likewise, the heroic acts of compassion and, the tireless, selfless, dedications of many doctors and nurses are an inspiration. Their care for those affected by the virus go beyond the call of duty and, performed
21 May 2020 /people /covid-19 Finextra site news
Willem Lambrechts Managing Director at Drebbel
Governments are cautiously starting to relax the lockdown. Economic life, or what is left of it, starts picking up. Everybody is encouraged to “go digital” and work from home. That is probably fair enough for a lot of people conducting tasks that do not involve interactions with clients, suppliers, partners. But how about sales, or looking from th...
18 May 2020 /people /startups Digital Sales
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
Back in the day, we learned in statistics that you need a sample size of at least 2% of the size of population to make statistically significant conclusions about the behavior of the population. In common speak, the expression "statistically significant" means "valid". Nevertheless, if you're like me, you regularly come across ...
04 May 2020 /people /retail
Ron Cogburn CEO at Exela Technologies
As Benjamin Franklin said, "By failing to prepare, you are preparing to fail." This is a repost from my recent article for the Forbes Technology Council According to FEMA, up to 40% of small businesses can be forced to shut down in the wake of a disaster. Historically, fires, epidemics and even extreme weather events have devastated bu...
20 April 2020 /people /covid-19 Financial Risk Management
Lisette Anciaes Senior Account Executive at DCR Strategies Inc.
We are living in uncertain times; the COVID-19 pandemic is changing the world as we know it more specifically the work force. Although there have been thousands of layoffs, so many people are still working from home or through preventative measures at their workplaces and many employers are looking for ways to motivate those that are out there for...
17 April 2020 /people /covid-19 Fintech
Jonathan Westley Chief Data Officer, Experian UK & EMEA at Experian
The past few weeks have served up a range of unprecedented challenges for everyone and we are all quite rightly focused on staying safe and healthy. But many people will also be concerned with their financial health too, which will certainly be a worry if your income has taken an unexpected hit. This isn’t a normal time we are living in and it’s g...
02 April 2020 /people /covid-19 Financial Risk Management
Anand Subramaniam SVP Global Marketing at eGain Corporation
Introduction “A decade on from the global financial crisis, signs that the banking industry has entered the late phase of the economic cycle are clear: growth in volumes and top-line revenues is slowing, with loan growth of just 4 percent in 2018.” - McKinsey, Inc. “Banks are challenged with growth. In fact, the average operating income growth rat...
01 April 2020 /people /retail Customer Service 2015-2019-2025
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