Andrew Beatty Head of Wealth, Retirement & International at FIS
"In this world, nothing can be said to be certain – except death, and taxes." — Benjamin Franklin, in a letter to Jean-Baptiste Leroy, 1789 Benjamin Franklin is one of the most frequently quoted of the U.S. Founding Fathers, and for good reason. While many of his quotes and quips were deeply rooted in the issues of his time – like a revol...
29 August 2019 Digital Banking Trends
The banking industry is changing by the day. What once were definitive "table stakes" for the essential software needed to run a full-service bank are now blurring due to rapidly evolving market dynamics. In this environment it can become difficult to discern reality from myth when it comes to what a bank truly needs to be successful in ...
05 August 2019 /retail Digital Banking Trends
We have reached a critical juncture in the banking industry. Welcome to the new frontier. Consumers now perceive the benefits of open banking outweigh the risks, and as a result collaboration between fintechs and incumbent banks is becoming increasingly more important to drive the experiences consumers expect from their primary financial institutio...
19 July 2019 Digital Banking Trends
First, we'll cut to the chase. Here are my top four tips on maximizing fintech collaborations. 1. Build a company culture and choose partnerships where the involved parties (banks and fintechs) value each other, and are eager to work through any differences to impact beneficial change. 2. Ensure all customer and business needs are met via the colla...
27 June 2019 Digital Banking Trends
A recent article in Raconteur's "Future of Banking" supplement in The Sunday Times (U.K.) posed the following question: "Can banks and fintechs ever work together?" The short answer is of course yes, they can – but with a number of essential caveats that need to be considered in order to promote harmony and success with these ty...
13 June 2019 Fintech
With high-tech Conversational Banking platforms, the art is designing a great experience centered on words – written and spoken. This represents a shift from traditional design (which focuses on content, graphics, and buttons) to recognizing what a customer is asking, maintaining the context of the conversation, providing relevant responses, and p...
23 May 2019 /ai Disruption in Retail Banking
Fintechs are an integral part of the Commercial Banking value chain. Business customers want and need to manage their cash flows, including making payments, receiving payments, getting information, investing funds and borrowing funds. Banks provide Treasury Management and Lending products to meet the customer mandate. Fintechs deliver end-to-end so...
16 May 2019 Banking Strategy, Digital and Transformation
Commercial Banking is a highly profitable customer segment for global and large regional banks, and a key growth strategy for community and smaller regional banks. New challenger banks are also turning up the heat on traditional brick and mortar banks, as they are starting to attract business customers to their digital only banks. As a financial p...
09 May 2019 Digital Banking Trends
Corporate Treasurers face the same opportunities and challenges as other executives. They're in a position to make a direct impact to their company's profitability, especially with their role gaining prominence after the financial crisis. Along with increased responsibilities, Corporate Treasurers struggle with the challenges of scarce human resou...
07 May 2019 /payments Digital Banking Trends
I recently hired the head of product management for our next generation commercial banking platform. He won me over during the interview with his personal story: "My dad owned his own construction company for over 40 years. He was the typical small business owner who wore many hats – salesperson, foreman, purchaser, and bookkeeper. One of his ...
02 May 2019 Treasury Management
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.