1068 Results from 2020
Mahesh Pawal Portfolio Product Manager, Digital Transformation at Fiserv
You want to buy that new shiny latest model of iPhone from Apple store. And as you take out your wallet to pay the bill, you are bewildered – 3 credit cards and 2 debit cards – which one to use? Obviously, debit card doesn’t make sense – but wait! There is an offer which says, 10% additional cashback on debit card payment and another one says – ‘
25 April 2020 /payments /retail Digital Banking Trends
Uri Rivner CEO and Co-Founder at Refine Intelligence
Zelle Fraud: You Ain’t Seen Nothing Yet… If you live in the US, you probably already use Zelle. Zelle is super awesome. It's sleek, real-time, and allows you to pay instantly to anyone with an email or phone number directly from your bank account - with zero commission. And it also attracts criminals like bees to honey. Banks that have launched Zel...
24 April 2020 /payments /crime Online Banking
Retired Member
Welcome to the third and final instalment of my Bank of Tomorrow blogs. You can view the first two here. Without mentioning the C-Word, it goes without saying that over the last few weeks the world has changed beyond recognition. The consequences are far-reaching and continue to unfold but, in many ways, this very unfortunate situation has expose...
23 April 2020 /retail /covid-19
It seems like not a month goes by without the introduction of some new regulatory or legislative requirements, or the addition of a new hot topic to the compliance to-do list. For many companies, it can feel as if they spend so much time ensuring watertight compliance that they have precious little time left to dedicate to their core business. Whi...
23 April 2020 /regulation
Andrew Beatty Head of Wealth, Retirement & International at FIS
In the banking industry, the core system contains vital records for the business. It is the beating heart of the operation, so its “life expectancy” had better be built for the long haul. McKinsey estimates that about 70% of banks are reviewing their core platform to enable real-time processing and remain relevant in a digital world – but with the...
23 April 2020 /retail /sustainable Banking Strategy, Digital and Transformation
Lisa Fretwell Managing Director of Data Services at Experian
The circumstances we find ourselves in are unparalleled and changing daily. The way we prepare to weather the impact in the short term will be key to making sure its long-term effects are contained as much as possible – both for our customers and for our own businesses. However, even during these challenging conditions, across all industries we ar...
23 April 2020 /covid-19 Trends in Financial Services
Scott Raspa Head of Marketing at Hydrogen - www.hydrogen.tech
Although opening a bank account might be a rite of passage for people around the world, a significant portion of the global population either doesn’t have any form of bank account or doesn’t use a bank for a notable portion of their financial needs. People who are unbanked or underbanked tend to use alternative forms of financial services, such as...
22 April 2020 /inclusion
The financial environment is changing significantly in Europe and beyond, putting pressure on the lending market. Current conditions raise demand for instant credit products which forces lenders to go digital. Lenders are faced with a serious challenge to ensure business continuity. They need to create a mechanism that allows the assessment of bor...
22 April 2020 /inclusion /covid-19 Open Banking
Doug Gross CEO at NGDATA
When we talk to organizations about customer experience (CX) or about CX tooling, we often get the reaction that they are already working on this or that they’re quite ‘good’ when it comes to it. They managed to leverage customer data for providing a relevant interaction. However, we notice that the company’s internal expectations are rarely met. ...
22 April 2020 /retail /identity Data Management and Governance
Financial technology, or fintech, is on the verge of a breakthrough in Brazil in 2020. In late November 2019, Brazil’s Central Bank set out draft rules for open banking, intending to phase in the rules during the second half of 2020. These new regulations make substantial changes to the way existing financial institutions and banks share transacti...
21 April 2020 /startups /inclusion
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