Happily married to DigitalBanking.Still having affair with BranchBanking:VirtualBanking the answer?

Banks' dilemma- Customers happily married to "Digital" Banking..still having an affair with "Branch" Banking : Is virtual banking the answer? Today, the traditional distribution ch...

Digital Banking Trends

Do we need PFM at all?

A new concept could replace PFM in its current form. Is there anyone who hasn’t read a blog post or white paper about how personal financial management (PFM) is dead? PFM tools have come under fire

Digital Banking Trends

How trended data can help lenders to make more informed decisions

It’s been an unusual summer. England’s footballers reached their first World Cup semi-final in 28 years, while the heatwave has caused meteorologists to make comparisons with weather 42 years ago. Now...

5 Ways the Fintech Industry Will Support Farming

The current situation around India’s agriculture is not very pretty, as the country has found itself in a dire state in some regions due to the government’s attitude towards its need for farmers. It’s...

Fintech

Direct payments still dominating in domestic e-commerce in Finland

Central bank statistics: Number of payments million times direct/card and bn €direct/bn €cards 2014: 56,9/8,6 million times, na/0,8 bn€ 2015: 65,6/7,3, 4,8bn/0,7 2016: 77,5/9,7, 5,4bn/0,8 2017: 88,2/1...

Payments strategies 2015-2020-2030

Demise of cash continuing in Finland

A population of 5,5m (and some tourists) produced the following ATM volumes: Million times/billion €s: 2014: 145,1 million times/14,4billion € 2015: 137,1m/13,9bn 2016: 124,3m/13,0bn 2017: NA yet m/12...

Payments strategies 2015-2020-2030

Latest on E- & M-Banking volumes in Finland

Central Bank statistics reveal continued growth in both banking contracts and its use for e-invoicing Consumers signed up: 2015: 6,230 million (entire population is 5,5 - so many are paying for servi...

Digital Banking Trends

KYC reused - good for Society at Large

The banking sector is doing most of the strong e-ID services needed in Finland. There are some 4000 organizations and all of the public sector using this services (dating back to the early 90s..). Cen...

Banking Strategy, Digital and Transformation

Idea of money and wealth

Every age or generations have their unique relationship with money. In past 100 years we saw multiple global conflicts, both militarily and financial in nature. That has hugely affected the way people...

Digital Banking Trends

Cloud adoption - how to truly maximise the benefits

For any bank considering a cloud migration, the key to success is having an inventory of applications and a future roadmap of how these will change going forwards. In both of these areas, banks do see...

Banking Strategy, Digital and Transformation

Conversation-as-a-Service insights for new sense-making frameworks

As conversation-as-a-service gains momentum, it is providing a two-way marketing, sales and services interaction between customers and organisations from both the public and private sector. Being able...

Business Knowledge for IT

Be aware of all these Confidence Crimes

Criminals have a reliance on tricking victims to get access to account information, like passwords. This is known as social engineering, and is also called a “confidence crime.” These come in many for...