179 Results from 2017, /retail
Alex Kreger Founder & CEO at UXDA
This year, Apple celebrates ten years since the iPhone launch. We can all agree that it changed the world in which we live. But, ten years ago, just a few months after the presentation of the iPhone, Forbes appeared with the title on the cover: "Nokia. One billion customers - can anyone catch the cell phone king?" Nobody was expecting wh...
05 October 2017 /retail /markets Innovation in Financial Services
Shubham Kumar Lead Consultant at Edgeverve Systems Limited
Loans secured with collaterals have been in the existence for at least a few hundred years, if not more. There have been mention of land pledged for loans during the Roman Empire or Ancient Greece. As have the financial markets evolved so have been the usage of collaterals. There are many collaterals (such as land, machinery, etc.) which by their ...
30 September 2017 /retail
Eugene Danilkis Co-Founder at Mambu
Digital technology has changed financial services and is being driven by new entrants that possess characteristics that are increasingly important to consumers and shareholders: the ability to be lean and agile, provide a best-in-class user experience, as well as grow and scale rapidly. Established institutions are starting to realise that legac...
28 September 2017 /retail Digital Banking Trends
Matthew Phillips Head of Banking, UK and Ireland at Diebold Nixdorf
Despite some recent reports about the death of bank branches, it’s clear that physical branches are still valued by consumers up and down the country. However, as customers demand more from their in-branch experience, financial institutions are having to respond by reinventing new customer journeys more closely aligned with digital experiences and...
28 September 2017 /retail
Vaibhav Grover Senior Director at Sutherland
Banks across the globe are investing big dollars into Intelligent Bots. HSBC has recently announced a low-cost online investment service that uses algorithms to match customers to an investment portfolio. American financial services provider Raymond James Financial said it would offer bot-advisers to clients by the year end. NatWest recently laun...
28 September 2017 /ai /retail Disruption in Retail Banking
Kunal Patel Product Manager at 1E
The intention of this short article is not to talk about digital banking being the future, we all know it is and will be. I do feel there needs to be a clear distinction between what we're seeing now, what we'll see in the future and terminology. There has been a lot written about digital transformation and quite rightly so, if one industry is in d...
24 September 2017 /retail Digital Banking Trends
Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions
Consumer advocates ranted about overdraft protection fees in 2008, saying the service was forced down upon consumers. While the uninitiated can Google "overdraft protection" for a prosaic definition of the term, Stanley Bing offers the following tongue-in-cheek description for one of the most lucrative services offered by US banks: “No m...
22 September 2017 /regulation /retail
Retired Member
“Why it's simply impassible! Alice: Why, don't you mean impossible? Door: No, I do mean impassible. (chuckles) Nothing's impossible!” ― Lewis Carroll, Alice's Adventures in Wonderland & Through the Looking-Glass Six of the ten most valuable companies in the world are platform companies. None of the six is a bank. Admittedly, banks are late to t...
18 September 2017 /retail Futuristic Banking
Paul Dignan Global Technical Account Manager at F5 Networks
For financial institutions, the primary goal of digitisation is making banking simpler and more intuitive for customers. Biometric identification has huge potential, offering convenience, simplifying password management and providing a frictionless authentication process. However, combining the desire for ease of use with the need to improve secur...
08 September 2017 /security /retail Information Security
In near future when u visit a Bank Branch or Shopping Mall or Airport / Bus Service. We may be welcomed by a Virtual Front Office Service Assistant through Hologram Technology. Hologrom technology is not a Threat to Human Receptionist. But it could be a game changer in providing Best in Class - Virtual Real Time Human experience to customers. More ...
07 September 2017 /retail
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