280 Results from 2021, /retail
Kanika Hope Chief Strategy Officer at Temenos
Transformation challenges The widespread uptake of disruptive new technologies is exacerbating the pressures facing retail banking today, thereby driving a fundamental change in the structure of the industry: the digital-driven disintermediation of the banking value chain. The COVID-19 pandemic has rapidly changed consumer mindsets and circumstanc...
25 October 2021 /retail /cloud Banking Strategy, Digital and Transformation
Matthias Biehl API Strategist at Software AG
Open Banking and Banking-as-a-Service (BaaS) are terms used for APIs in the financial space. But do they mean the same - can they be used interchangeably? Does a bank automatically offer Banking-as-a-Service when it offers Open Banking APIs? Commonalities Both Open Banking and Banking-as-a-Service are terms used to refer to financial APIs that are ...
25 October 2021 /retail /startups Open Banking
Andrew Beatty Head of Wealth, Retirement & International at FIS
Over the last decade, challenger banks, neobanks, payment processors, accounting package vendors and fintechs have been responsible for fraying the edges of banking in what many commentators describe as the “unbundling” of banks and banking services. What’s more, evolving regulations and advances in technology have significantly lowered the barrie...
21 October 2021 /retail /wholesale Banking Strategy, Digital and Transformation
Sam Donoghue Senior Consultant at P2 Consulting
The UN Environment Programme estimates the worldwide cost of adapting to the impact of climate change is expected to grow to $140-300 billion a year by 2030, spiralling to $280-500 billion by 2050. 70% of central banks and regulators consider climate change a major threat to financial stability and as a result, we are seeing the inclusion of clima...
21 October 2021 /retail /sustainable Banking Strategy, Digital and Transformation
Retired Member
Workplace wellbeing, hybrid solutions and retaining top talent aren’t mutually exclusive - employers need to adapt to a post-COVID-19 work culture. With the recent news of Britain's 'fuel shortage' and the related impact on road activities, it's thrown the discussion about hybrid and remote working into sharp relief. This is added to the continuing...
19 October 2021 /people /retail Business
Maria Schuld Head of Regional and Community Banking at FIS
As banking becomes more commoditized, differentiation becomes ever more critical. Regional and community banks can separate from the pack and create competitive advantage by leveraging available data combined with the right analytical tools and skill sets. The question becomes, how to begin? Business intelligence defined First let’s define the wel...
19 October 2021 /retail Banking Strategy, Digital and Transformation
Elina Mattila Executive Director at Mobey Forum
Having already swept through numerous industries around the world, the sustainability revolution is now taking the banking sector by storm. Each day brings new announcements from banks, fintechs and solution providers. The sustainability trend presents the banking industry with unique opportunities to deepen customer relationships and, at the same ...
19 October 2021 /retail /sustainable
Joan McGowan Banking Industry Expert at SAS
What's BaaS? A flock of sheep or another annoying but potent banking acronym? BaaS is a way to modernize and grow the banking industry. It is about an open financial services ecosystem and the API orchestration for customer attention by banks and nonbanks. But the industry has yet to land on an authoritative definition of what it is, so I cobbled ...
18 October 2021 /retail /cloud Analytics in Banking
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
Approaches used by banks on the path of digitalization When reading popular websites about digital trends in banking, one can notice that two out of three articles talk about Big Data, Artificial Intelligence, and even quantum computing. At the same time, the majority of the banking market players are still determining an optimal business strate...
18 October 2021 /retail /wholesale Digital Bank Transformation
Sergei Artimenia Managing Director at RNDPOINT.com
The significant changes in the way customers and businesses participate in the banking ecosystem are incoming. The emergence of artificial intelligence (AI) and machine learning (ML) in financial technology (FinTech) caused the opportunity to improve financial management systems for businesses. Advancements in technology made banking operations si...
15 October 2021 /retail /wholesale Open Banking
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