Gary Norcross, chairman, president and CEO, FIS Global, is not new to India. He has been coming here since 2007 and he is absolutely amazed how India has been changing with every trip of his. He dwells on the transformation and the journey:
Manoj Agrawal: Do you find any interesting changes in India?
Gary Norcross: Yes, the infrastructure is really advancing quickly, and you know, FIS has moved from a small employer in India to position where we have a very large population of employees and we have built our market too. So, we’ve got great clients.
You have done a good job here.
Yeah. It has been fun. India is a great country. We’ve really enjoyed, and we are going to continue to be committed to it. We are going to continue to invest in the country. I think we need companies like FIS with the financial sector transforming so rapidly.
For the first time the global banking system is transforming in a synchronized manner. What do you make of it?
Well, you are right. During my trips, I always like to meet with our clients, meet with our prospects, and also meet with our associates. That’s why I end up covering as many cities as I do. But, a very consistent thing that I have seen with our clients and prospects during my visit this time is that not only just India, but the whole world is under a massive transformation, right around financial services. This is the first time that I am seeing synchronized transformation all across the world. Everybody is dealing with increased regulatory scrutiny. Everybody is dealing with digitization of everything. Everybody is dealing with next generation payments and different payment types.
How do you keep costs down for your customers?
この記事は Banking Frontiers の January 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Banking Frontiers の January 2019 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
It's a bank and a brokerage - FinecoBank
FinecoBank of Italy is a highly tech-enabled bank that is a combination of a bank and a brokerage:
A model for cloud adoption - Zurich Cantonal Bank
The bank is had opted for cloud to offer better service to its customers:
RBI Governor urges NBFCs to adhere to fair practices code
The Reserve Bank of India (RBI) Governor has urged Non-Banking Financial Companies (NBFCs) to strictly adhere to the Fair Practices Code, emphasizing sustainable growth and robust risk management in the sector.
Automated, Adaptive, Al-enabled Architecture is a must
Security heads from 2 BFSI companies reveal the key cyberfrauds and strategies to combat them:
Fraudsters too gain ground as real-time payment systems grow
There is a need for the technologies behind the real-time payment systems to gain a march over the methods of fraudsters:
Ethics & Challenges of AI in Cyber security: Navigating the Moral Maze
Even as AI is finding its place in the cyber security domain, an entirely new frontier of ethical challenges awaits.
Bangladesh Finance: 25% faster customer service; 15% higher customer retention
Bangladesh Finance, established in 1999, is a leading financial institution in Bangladesh.
Fino sparkles with technology & brand upshift
Fino Payments Bank started operations in June 2017, providing banking services to mass market customers, who are largely rural-based.
Savington Upshifts: 48% Faster, Churn down 31%
Savington International Insurance Brokers LLC, founded in 2006 by Dev Maitra, is a prominent insurance provider in the UAE.
Zoroastrian Bank: Multiple awards for being the Best
Established in 1927 by Sir Hormusjee Cowasjee Dinshaw Adenwalla, Zoroastrian Bank is a prominent urban cooperative bank headquartered in Mumbai, India.