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Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
As the owner, you will also give up ownership if you leave this group.
Marc Murphy CEO at Fenergo
In an increasingly fast-paced and digital world full of hype and buzzwords, it seems like the focus can often be on implementing new and innovative technologies without considering the main purpose of digitalization: to create a better customer experience that increases both wallet and market share. Customer experience is no longer just an added b...
17 September 2018 /regulation /sibos
Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData
SEPA, PSD2, GDPR etc where only the start. We need more EU and national regulation in the data economy. PSD2 means that there will be standardized access to money data for the application you empower. It was is a huge step towards open data in all sectors. The same should be the case for accounting data - any application producing PL and BS statem...
15 September 2018 /regulation
René Haeberlin Client Director at ServiceNow
Among the many critical success factors driving change across the financial sector, some obvious ones stand firmly at the top of the 'to-do' list. Deloitte's 2018 Banking Industry Outlook observes: “For banks globally, 2018 could be a pivotal year in accelerating transformation into more strategically focussed, technologically modern, and operati...
14 September 2018
Jason Bell Regional Sales Director, FS&I at ServiceNow
Banks need to become technology companies. This is the single most critical strategic driving force in the industry as we all approach another of those dates that sound like defining moments: 2020. Just a few months away and yet everything will have changed for banks by then. Most of it already has. While some banks have been through digital trans...
Ambrish Parmar Digital Leader, Strategist, at Thought leader and Start-up Advisor
Time to read: 5 minutes to gain a different perspective. We are the lucky ones … : : The school holidays are over…disappointment and relief are felt in equal measure. It’s time to reassess finances and establish the damage caused by constant trips to the local supermarket, day excursions to theme parks and, of course, the school uniform bulk buy. ...
11 September 2018 /inclusion
Retired Member
FT Weekend published a thought-provoking article by Tim Harford that explains why corporations fail to innovate. Harford gives an example of Xerox Parc who invented, back in the 70s, the world’s first personal computer, with a mouse and rich GUI. That computer inspired Bill Gates and Steve Jobs. Xerox still makes photocopiers… “Organisations from n...
10 September 2018 /startups
Regtech” is defined as addressing regulatory requirement through technology to ensure regulatory compliance are met by Bank, Financial Institutions, Insurance companies, Central Banks and other market participants. Regtech are new startup technology companies competing with Fintech companies to ensure regulatory compliance issue are addressed via ...
06 September 2018 /regulation /retail
Banks are prone to Frauds , Duplicate or fake documentation provided by customer , time consuming process to fill up all details of the application , information collected by bank are variable in nature and not uniform across banks. To overcome all these issue banks decided to go digital paperless account opening process. Paperless Account opening...
31 August 2018
Crystal Berry Marketing Manager at Validis
Over the last few years the commercial lending industry has undergone considerable change. Low interest rates and a calmer financial climate have ensured plentiful opportunities for both lenders and the businesses they support to grow. At the center of all this change are SMEs. Previously overlooked, SMEs are now considered an important factor of t...
The modern banking landscape has changed fundamentally at the hand of digital transformation. Retail banking disruptors such as Monzo and Atom have ripped up the rule book on what effective banking looks like, and consumers have voted with their feet. Corporate banks have traditionally been slower to innovate and, in a post PSD2 world, this has be...
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