This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- DigitalBanking at DenizBank, Turkey. You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. First, there is the fastPay Wallet.
” This banker may even be thinking of starting a completely new digitalbank using a high-yield account as its flagship product. Looking at the Math of an Average Business Savings Account – CaseStudy Let’s take one of the most underutilized products in banking: the business savings account.
“Having a Balance With a Bank Doesn’t Make You a Customer.”. Our financial services team recently spoke with the great Jim Marous, the co-publisher of The Financial Brand and the publisher of the DigitalBanking Report. Open accounts digitally without the need to sign papers in person. But most fail. Join Us Next Week.
After studying law at Oxford, he went back to business and is now Co-Founder and CEO of digitalbank Monzo. I did GoCardless because it got me out of being a management consultant, initially. That opened up the world of the internet, as well as entrepreneurship, for him. What really stands Monzo apart?
Banks have worked hard to manage the different risks across their institutions. Celent profiles two award-winning banks who have modelled excellence in their use of risk management technologies across their banks. The initiative is seen as one of the most important initiatives in the bank’s history.
KBC’s Digital Trade Chain KBC’s Digital Trade Chain application is a digital platform for managing, tracking and protecting domestic and international trade transactions using a shared ledger.
As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The topics were perfect, and there were some great casestudies, but the substance was standard, bordering on underwhelming. Maybe a topic for next year?
Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Busy financial services professionals have many opportunities to hear timely discussions on banking issues.
Financial institutions must rise to these challenges now with a new business model based upon a combination of new capabilities: cognitive and robotic solutions, enterprise-optimized digital delivery, integrated data management and flexible/scalable infrastructure.
Digital Security. This continued to be a hot area with several deals including: TransUnion’ s acquisition of identity analytics provider Neustar Mastercard acquired digital identity provider Ekata Canapi Ventures invested in security/behavior analytics firm Neuro-ID The aforementioned DefenseStorm funding round.
This year, attendance was up 20% over 2015 and included delegate representatives of 116 banks from 53 countries. One Analyst’s Recap: The event was an engaging mix of bank-presented casestudies, vendor perspectives and analyst analysis. If changes are simply a management lay-on, bad things are likely to happen.
Over its ten years of existence, Celent’s Model Bank programme has always changed and evolved. In the last few years we have been awarding multiple initiatives in a small number of categories – for example, last year we had four winners in DigitalBanking Transformation, the busiest of seven categories.
The award winners come from four continents and nine countries and range from credit unions and microfinance institutions to the world's largest banks. Celent Model Bank 2016 winners are: Model Bank 2016 Categories. DigitalBanking Transformation. Citizens Bank, US. Garanti Bank, Turkey.
a , the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio. Using FICO’s advanced AI-powered optimization , the bank will develop data-driven lending strategies to systematically improve results. Slovenská sporite??a
Thirty-six percent of banks and credit unions plan to implement or replace digital account opening systems this year, according to Cornerstone Advisors’ What’s Going On In Banking 2019. That’s three times the change rate of core systems and twice the change rate of transactional digitalbanking systems.
Customer Relationship Management redux: Salesforce , which dominated the recent BAI Beacon conference and came to last year’s Forum with only its Marketing Cloud, was focused this year on its front-end CRM and talking up client casestudies. Over a dozen (and growing) in that space and they leave the hall to Finastra ?
Trust Bank is setting a precedent for financial services by onboarding an individual and delivering a credit card to them digitally on their phone within four minutes, creating a seamless digital onboarding process for new customers. Applicable regulations on lending are also implemented via this solution. “We
It AUTONOMOUSLY decided that it was not going to reach the $2mm goal and then came up with the following action set that it executed: Alone, it figured out that it needed a clearer call to action, personalization of the email to improve performance, highlight casestudies/testimonials and create a limited-time offer to drive a sense of urgency.
A similar number (30%), will also turn to AI-assisted next best action programmes across all channels, driving even greater demand for ever-more complex customer management and customer service solutions delivered via decision platforms. It's a question continually posed in The 11 Commandments of DigitalBanking. million (US$9.7
As senior account agent, Curtis delivers public relations support to mortgage and digitalbanking clients. Prior to joining WMA, she was public relations manager for U.S. Prior to joining WMA, she was public relations manager for U.S. Curtis earned a bachelor’s degree in public relations from Kennesaw State University.
Digitalbanking is used by an estimated 93% of the UK adult population and is forecast to increase further within the next two years. By 2024, 435 million Europeans are predicted to be using online and mobile banking – up from 398 million today. CaseStudy – How Loblaw Adopted FICO Analytics to Deliver Customer Loyalty at Scale.
Let’s use Goldman Sachs as our casestudy and our frame of mind. Because apparently, Goldman Sachs is considering buying up Wells Fargo, PNC, or US Bancorp to accelerate its transformation into a consumer banking brand. For the rest of this article and conclusions about Wells Fargo and digitalbanking, keep reading it here.
We completed surveys on this topic at FICO and the responses zero in on factors such as poor digitalbanking offerings, less personalized offers and smaller networks of branches and ATMs. Similarly, Greenberg shared a casestudy involving a major European bank and management consultants McKinsey.
We completed surveys on this topic at FICO and the responses zero in on factors such as poor digitalbanking offerings, less personalized offers and smaller networks of branches and ATMs. Similarly, Greenberg shared a casestudy involving a major European bank and management consultants McKinsey.
We completed surveys on this topic at FICO and the responses zero in on factors such as poor digitalbanking offerings, less personalized offers and smaller networks of branches and ATMs. Similarly, Greenberg shared a casestudy involving a major European bank and management consultants McKinsey.
Here’s why it thinks you should attend (full disclosure, #10 is mine): Stay Updated : Learn the latest AI trends reshaping the financial services industry Network : Connect with industry peers, thought leaders, and potential partners.
Early this summer, we started reviewing applications from companies excited to present their latest fintech tools, technologies, APIs, platforms, casestudies, and tutorials at FinDEVr Silicon Valley 2016. To watch all 50+ companies present live, make sure to buy your ticket.
Department of Justice wanted Deutsche Bank to pay $14 billion to settle a probe into its sale of toxic mortgage-backed securities, the lender suffered its worst haemorrhage of liquidity since the crash.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content