61 Results from 2021, /wholesale
Tatsiana Kuchminskaya Chief Financial Officer (CFO) at Andersen
Superhuman precision in performance With the expansion of international trade, various regulations in banking come on the scene. Financial institutions have to comply not only with their internal rules but also with the laws of different countries and whole trading blocs such as the EU, NAFTA, or ASEAN. Digitalization in financial services coul...
27 December 2021 /wholesale /predictions Digital Banking Trends
Anna Serebryannikova Senior Account Director at DataArt
The open banking industry is thriving. It can significantly alter how banks and their clients interact, offering both scale and considerably greater speed. Open banking connects banks, third parties, and technical providers – enabling them to simply and securely exchange data to their customers’ benefit. Regulators, predictably, have promoted thi...
10 December 2021 /payments /wholesale Open Banking
The ongoing COVID pandemic, global inflation, and overall uncertainty has aggravated the problem of global debt. According to a recent summer report by UBS, the scale of this problem has become truly tremendous. While governments, central banks, and large corporations try to deal with these challenges on their own, individual households and provid...
22 November 2021 /wholesale /markets BNPL
Vitus Rotzer CRO Banking & NBFIs - EMEA & APAC at Bottomline
When it comes to the financial landscape in Switzerland, there’s perception, and there’s reality. The perception may be that it is an isolated, neutral country that opted for independence from the European Union. The reality is it has also made the necessary moves to connect its financial system to the rest of the world, while reserving the rights ...
16 November 2021 /payments /wholesale Banking Strategy, Digital and Transformation
New-generation banks Which would you choose to check your account balance: an app or voice assistant? Clients are choosing the latter more and more frequently. Financial institutions are realizing that their audience needs breakthrough IT solutions that will simplify money transactions. IoT is one of these revolutionary technologies for banks. I...
08 November 2021 /retail /wholesale Banking Strategy, Digital and Transformation
Tushar Chitra Vice President, Product Strategy and Marketing at Oracle Financial Services Software
Over the years, there has been considerable speculation on the impending growth of supply chain finance at a rate higher than growth in documentary trade. According to a report by McKinsey, the CAGR for supply chain finance in the years 2019-2024 is expected to exceed 25%, as against 1-2% for documentary business. These indicators occurred before ...
03 November 2021 /payments /wholesale Transaction Banking
Vivek Singh Business Leader at Tech Mahindra
A successful demonstration of instantaneous clearing and settlement of securities using distributed ledger technology (DLT) by a Canadian consortium of Payments Canada, the Bank of Canada, TMX Group and R3, a couple of years back indicated that "Atomic transactions" in bilateral mode could save upto 30% of processing cost and cut T+3...
28 October 2021 /wholesale /cloud Blockchain Observations
Retired Member
The pandemic brought to light the importance of the treasury function in ensuring cash visibility and working capital clarity. However, the many challenges treasurers will face now and into the future, is amplified as well as progress is made towards digital transformation. A well-rounded panel consisting of a treasurer, a banker, and a technolo...
22 October 2021 /sibos /wholesale
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
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
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