313 Results from /wealth
Dominic Snell Product Strategy Director at Wealth Dynamix
The drive to digitisation of the wealth industry is well and truly underway. Sticking to the status quo of the traditional practices is no longer an option, and many institutions have succeeded in efforts to implement technology to transform operations, especially in back office and operations. We will see the continuation of technology spend and ...
11 December 2020 /wealth Artificial Intelligence and Financial Services
Retired Member
Even if a consumer fails to pay their debt, you shouldn’t stop serving them. Now, more Americans than ever have debts, as the statistics shows, which should not be a surprise whatsoever; in these challenging times, people seek to save more for a rainy day. At this point, lenders should preserve a top-level quality of the service and continuously de...
07 December 2020 /payments /wealth Personal Finance
George Still Proposition Owner - Wealth at Iress
Digital transformation - two words that, depending on your nature, may terrify or delight you. Yes, it's a significant undertaking and usually requires high upfront budget and effort. However, depending on your current state of play it may actually prove to be the most cost effective and expedient approach too. There are two fundamental approache...
03 December 2020 /wealth /cloud
Kamal Misra Senior Director, Head of Banking at Capgemini Invent India
2020 has been a year fraught with a wild goose chase for fiscal sanity. As the global economy grapples with a massive instability owing to the Covid 19 pandemic, the Financial Services (FS) sector, in particular, seeks to trudge off the beaten track to rediscover value and substance. Leading banks around the world are undertaking restructuring and...
18 November 2020 /wealth /markets Trends in Financial Services
Daniel Fasnacht CEO&Founder at EcosystemPartners AG
Investments that are necessary to innovate and serve customers are no longer sustainable while COVID-19 hastens the need to exploit the potential of digital innovations. Serving customers accurately during unprecedented times requires a new mindset and business model innovations. If banks respond to customer requirements in completely new special ...
06 November 2020 /wealth /inclusion Banking Strategy, Digital and Transformation
Debt issues that arose among millennials largely due to the economic crisis of 2008, have been even worsened during the pandemic. According to the financial report by TranUnion, in Canada, for example, 47% of millennials struggle to pay their credit card bills, followed by 28% of those who need to pay phone bills. Finally, these are individuals wh...
03 November 2020 /payments /wealth Bond Fintech
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Regrettably almost all of us have to deal at one point in time with the passing away of a loved one and the associated financial administration to handle the succession. Obviously this is an emotional activity, where a personalized, empathetic and frictionless service from the bank are essential. When a customer is grieving, the last thing he wants...
02 November 2020 /wealth /retail Digital Banking Trends
The COVID-19 pandemic upended economies and communities worldwide, and unfortunately, the financial implications stemming from the outbreak are expected to last for years as unemployment numbers rise and markets continuously fluctuate. On a personal level, the coronavirus has made it difficult for many parents to maintain a sense of financial norm...
02 November 2020 /wealth /covid-19 Financial Literacy for Kids
Thomas Pintelon Head of Strategy at Capilever
In our last blog we introduced a number of ways how banks can activate the ever increasing amounts of saving deposits, by turning them into investments. However once customers have taken the decision to activate their money, they still have a variety of investment services and products to choose from. Investment services With regards to investment ...
02 November 2020 /wealth Innovation in Financial Services
Four years ago, and continuing until very recently, robo advisory was all the rage. It was impossible to go to any wealth conference without at least one of the speakers expounding the virtues of the technology revolution and how it was going to disrupt ‘established wealth management’. Viewing the industry today, I feel a little cheated… on the su...
27 October 2020 /wealth /inclusion Fintech
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.