980 Results from /wholesale
Christophe Kasolowsky Partner at Baringa Partners
RPA in Finance Robotic Process Automation (RPA) can be traced to the early 2000s, but the technology entered mainstream Finance transformation solutions around 2015. To put this into context, a KPMG paper published in 2015 cited research that found only 12% of financial services firms had gone live with RPA solutions, 24% of firms were only talkin...
08 February 2022 /retail /wholesale Financial Transformation
Retired Member
Opportunities The decentralization, distributed accounts, smart contracts, and other features of blockchain technology will reconstruct the existing centralized financial infrastructure. Firstly, based on the decentralization of blockchain technology, the transaction, clearing and settlement processes in the financial system will directly achieve
25 January 2022 /wholesale /inclusion Blockchain in Banking and Financial Services
Martin Wilson Chief Executive Officer at OneID
The subject of Digital Identity hit the headlines again at the end of 2021 as the UK introduced a digital covid pass which was met with serious concerns about data privacy, civil liberties and the introduction of a National Identity Scheme by stealth. What many people don’t realise is that they already give up their identity data online every day....
25 January 2022 /wholesale /identity
Shaju Nair Payments SME, Product Manager at Temenos
The world today is awash with money. The global broad money supply is reaching $ 90 Trillion, the United States alone contributing about $ 30 Trillion. Roughly 30% of US money supply was added in the last 2 years - with rest of nations also been adding similar quantities in recent past in their natural objective to be competitive in international...
24 January 2022 /payments /wholesale Trends in Financial Services
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
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