Accenture

JUNE 2, 2022

Far-sighted banks in Europe, such as BBVA, are moving quickly to overhaul their operations systems, processes and procedures. Some banks have already cut operating costs by as much as 40 percent in…. The post Operations to be key focus in 2022, say bank execs appeared first on Accenture Banking Blog.

Operations 338

Operations System Technology Trends 338

South State Correspondent

SEPTEMBER 30, 2022

A couple of weeks ago, we delved into the origination and operating costs of manufacturing commercial loans ( HERE ). We put all three of the above cost categories together, and we get the below total direct operating cost per year per account of each deposit product. Interest Cost. Adding Balances to Deposit Profitability.

Operations 361

Operations Marketing Data Analytics 361

Accenture

NOVEMBER 3, 2020

In this latest post, I move to a further critical determinant of effective performance: having the right cloud operating model. Your cloud operating model should provide to your cloud organisation the appropriate structure, capabilities,…. The post Getting the Cloud Operating Model Right appeared first on Accenture Banking Blog.

Operations 312

Operations How To Technology 312

Payments Dive

JULY 21, 2023

Ming-Tai Huh shares how his position as a restaurant operator and a tech executive has given him a singular view of the restaurant industry’s challenges.

Operations 195

Operations Industry 195

South State Correspondent

JUNE 15, 2023

However, it is doubtful you utilize a complete operating system. This article discusses using EOS in banking – the Entrepreneurial Operating Model. Processes Processes are standardized to ensure consistency in operations. Some banks do. What is the EOS? No doubt your bank does fine.

Operations 195

Operations System Tools Management 195

Accenture

APRIL 4, 2022

How is operations perceived within your bank? The post Is operations a source of competitive advantage? As a back-end function ripe for continual cost reductions? Or as an embedded part of an integrated end-to-end design process, collaborating with other areas to create compelling and cost-effective experiences for customers?

Operations 195

Operations Digital Banking Innovation Technology 195

Payments Dive

MAY 10, 2024

The collaboration with a Chinese entity began Wednesday, with processing of cards issued by banks in the country following years of preparations.

Operations 293

Operations Cards 293

Accenture

APRIL 27, 2021

The post Why an operations revolution is an urgent imperative for banks appeared first on Accenture Banking Blog. Now the fallout from COVID-19 – including widespread uncertainty and an economic downturn – is set to make revenue growth even harder to achieve. The effect is to put banks’….

Operations 345

Operations 345

Accenture

JANUARY 20, 2022

To combat these challenges, banks need to move towards future-ready operations, grounded in the latest technology with people who know how to use it. The post Roadmap to build future-ready banking operations appeared first on Accenture Banking Blog.

Operations 195

Operations Fintech How To Technology 195

Payments Dive

FEBRUARY 15, 2024

While there has been industry speculation about the company making an acquisition, CEO Cameron Bready was more ready to talk “pruning” this week.

Operations 221

Operations Payments Industry Company 221

Perficient

MARCH 30, 2023

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” Any operations team that has dealt with a stock loan trading desk can contest the inherent friction between providing more available securities to the desk and reliance on settlement cycles and market constraints.

Operations 275

Operations blockchain Capital Security 275

Payments Dive

MAY 30, 2023

The modern card-issuing company is closing its outpost in Australia as part of its cost-cutting campaign.

Operations 356

Operations Cards Company 356

Payments Dive

MAY 1, 2020

Major banks are reviewing plans to relaunch branch operations after the peak of the COVID-19 pandemic in the U.S., but executives and experts say some key changes in bank operations will likely continue going forward.

Operations 397

Operations 397

Accenture

JUNE 7, 2021

The post How intelligent operations can help European banks prepare for the future appeared first on Accenture Banking Blog. How can we simplify our processes so that we can reduce costs and help customers find what they need quicker? How can we improve our productivity so that….

Operations 322

Operations User Experience 322

Accenture

OCTOBER 5, 2020

The post How to build future-ready banking operations beyond the pandemic appeared first on Accenture Banking Blog. The long-term challenge is to set banks up to successfully rebuild and recover when the worst of the pandemic is over. Here are some considerations for building a future-ready banking….

Operations 369

Operations How To Trends Innovation 369

Accenture

JUNE 2, 2020

When transitioning to Open Banking, one of the key considerations for banks is their operating model and governance structure. The post Finding the right operating model and governance for Open Banking appeared first on Accenture Banking Blog. In our experience working with banks across the globe, we found that focusing on the….

Operations 274

Operations Marketing 274

Accenture

DECEMBER 14, 2021

Today’s world of operational risk for banks is much different from what it was two years ago. The post Navigate risk and thrive with intelligent banking operations appeared first on Accenture Banking Blog. The post Navigate risk and thrive with intelligent banking operations appeared first on Accenture Banking Blog.

Operations 195

Operations Survey 195

Payments Dive

MAY 16, 2022

"I’ve been disappointed to see how the payments industry is constantly looking for ways to profit off of small businesses in sneaky ways," says Copper CEO Dickson Chu.

Operations 370

Operations Industry Payments 370

Perficient

AUGUST 5, 2021

In my last post, I discussed how insurance companies that demonstrate empathetic knowledge of their consumers and deliver tailored, real-time solutions will build on their noble purpose and gain competitive advantages in a digital operating environment. It starts with putting your customer in the middle of your operating model.

Operations 309

Operations Customer Experience Policies Tools 309

Cisco

MARCH 29, 2022

It’s evident that digital investments made prior to 2020 helped many financial institutions respond quickly to a rapidly changing operational environment. As financial services look ahead, it is perhaps time to consider the next phase of the transformation campaign in pursuit of complete operational transformation as the end-goal.

Operations 129

Operations Analytics Tools Resources 129

Payments Dive

OCTOBER 21, 2022

The major payments processor agreed to sell an IT business unit and a Costa Rica division to Infinite Computer Solutions. They also entered a multiyear pact for the buyer to keep providing services.

Operations 305

Operations Payments 305

PYMNTS

JANUARY 24, 2021

The paper cited positive data from a large swath of UK tour operators. Bus operator National Express reported a 185 percent increase in bookings for spring and summer trips compared with bookings made during the same period in 2020.

Operations 260

Operations Groups Lending National 260

CFPB Monitor

OCTOBER 9, 2023

The Office of the Comptroller of the Currency’s (OCC) Committee on Bank Supervision (CBS) recently issued its annual Bank Supervision Operating Plan for FY 2024, which sets forth the OCC’s supervision priorities and objectives across CBS operating units.

Operations 146

Operations National Strategy 146

Perficient

JULY 16, 2020

Expand access to all clinical specialties virtually, deploying a clinical operating model that seamlessly provides both virtual and physical care as needed/demanded. The New Challenge: Creating A Pluralistic Clinical Operating Model. The Essential Dimensions of the Pluralistic Clinical Operating Model.

Operations 309

Operations System United States Video 309

ATM Marketplace

JANUARY 30, 2024

With AI, ATM operators can identify ahead of time potential device faults and either make the fixes remotely or schedule maintenance. It can also detect potential attacks, either physical or software.

ATM 109

ATM Operations Software 109

BankInovation

APRIL 9, 2024

JPMorgan Chase’s chief data and analytics officer sits within its operating committee to keep up with ongoing AI investment and implementation bankwide. trillion bank’s operating committee and reports directly to Chief Executive Jamie Dimon and Chief Operating Officer Daniel […]

Analytics 125

Analytics Operations Data Report 125

PYMNTS

JANUARY 17, 2021

The Federal Aviation Administration is letting commercial drone-maker American Robotics operate drones without on-site pilots — but with a number of caveats, according to a decision recently posted on the agency’s website. The decision is the first government approval for drone flights without on-site pilots, the Marlborough, Mass.-based

Operations 242

Operations Training Resources Google 242

Accenture

MAY 14, 2019

In the first of a four-part series, our team of guest bloggers will share how getting to simplified, future-ready bank operations may be more easily imagined. . However, banks are unable to support this if they do not modernize their operations. 1 So, how do banks get to simplified, future-ready bank operations?

Operations 231

Operations System America Strategy 231

BankInovation

JULY 17, 2024

Truist cut jobs in core technology and operations following more recent pullbacks on tech at the institution. “We We recently notified technology teammates about certain roles that will be impacted by Truist’s strategic initiatives,” a Truist spokesperson told Bank Automation News.

Operations 77

Operations Technology Retail 77

Payments Dive

JANUARY 24, 2023

The wallet, which is expected to launch in the second half of the year, aims to compete with PayPal and Apple, sources told The Wall Street Journal. But serious competition may take a while, an analyst said.

Operations 370

Operations Report Apple 370