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Bank branch networks continue to decline steadily. Consumer research shows that U.K. banks are cutting branches at a rate of 60 per month[1], and a similar pattern is apparent in many other countries...
As discussed in my prior blog, “Green Finance” is both a challenge to be met and an opportunity to be seized. In this blog we’ll dive deeper into the Environmental, Social and Governance (ESG) revolu...
ESG is both an acronym and a market mover, but what does it really stand for? In the absence of definitive standards many terms are interchanged to describe a company’s performance as a steward of nat...
My last blog explored Banking as a Platform (BaaP) to assess its market drivers and potential benefits. Today’s blog considers Banking as a Service (BaaS), a business model which is sometimes describ...
Banking as a Platform is becoming a hot topic but what exactly does it mean? BaaP refers to a model where a bank integrates services from fintechs and offers these to its own customers. In practice it...
Embedded finance is becoming a hot topic in banking. While the concept is not new, it has taken on new dimensions thanks to modern technology and innovative applications, and its impact and potential ...
Even the most unobservant realize that the pandemic has accelerated digitalization – in banking and elsewhere. For many months, bank customers were forced to adopt remote banking, and millions of peop...
In 1776, Adam Smith proclaimed in the Wealth of Nations that “Consumption is the sole end and purpose of all production.” [1] Since then, academics, governments and others have tried to predict and m...
Investors can’t seem to get enough of financial technology, and venture capital continues to flow into the burgeoning array of neobanks. Should incumbent banks be scared? Perhaps they can learn from S...
Cryptocurrencies are holding the media spotlight. So, what’s all the fuss about … and how should banks prepare? Marc Kenigsberg, founder of Bitcoin Chaser gives us a clue: “Blockchain is the tech. Bit...
Financial inclusion is a major global challenge that can be difficult to define. However, most commentators agree that it begins with access to mainstream financial products. Jim Yong Kim, President o...
Individualized customization tailored to a consumer’s exact wants and needs are just some of the ways hyper-personalization is manifesting in today’s world. The financial industry is no stranger to su...