CATEGORIES
Bank of Montreal gives thrust to AI-based banking
Bank of Montreal endeavours to facilitate customers to bank where and how they want to:
Investec believes digital transformation is not about technology alone
The speciality financial services institution insists that digital transformation in real sense means requires a clear understanding of a product's value proposition:
Spain’s Bnext is not just a neobank, but a financial marketplace
Bnext does so many things, and also banking for its customers:
Ambit Finvest: Navigating Growth with Transformation
Vikrant Narang emphasizes that Ambit Finvest is an omnichannel NBFC that wants to develop multiple origin points to be able to choose the best proposals to underwrite | Ambit Finvest Pvt. Ltd, one of the fastest growing non-banking financial companies (NBFC) in India, has charted an aggressive growth story:
Capex up 2X, Opex up 3X, Topline up 4X
Raj Khosla is expecting usage on digital platforms of MyMoneyMantra to further double up in the current year | MyMoneyMantra will soon be launching a B2B2C app which will transform the way business is generated:
OTT - a powerful tool to contextualize content
Ismail Sheriff recommends storytelling for conveying the message to the target audience | Ismail Sheriff, VP & Head - Corporate Communication, Fino Payments Bank shares the bank IPO listing journey & other Corp Comm initiatives adopted by the bank:
AI-based investment platform delivers notable results
Sumit Chanda reveals that Jarvis Invest will be launching B2B product 'White label Jarvis' for banks and wealth managers as early as November 2022 | Jarvis Invest's investment philosophy takes into consideration over 12 million local and global data points:
UPI transactions grow phenomenally, more people adopting online
A report titled 'India Digital Payments Report' prepared by Worldline India, which provides secured transaction payment services for banks, highlights that UPI has become a trendsetter in the payments domain:
SEWA Bank aims for million members
Jayashree Vyas, MD, talks about the business model and technology
Realtime Payments
Banking Frontiers organized a panel discussion on modernization of realtime payments. Distinguished panelists discussed the core issues and the probable directions:
Qube Money - a bank and a budgeting tool in one app
Qube Money is the new way one can use the services of the bank with the value add of having one’s finances managed well
Mentors can change the course for women
The increasing number of women at the workplace is a desired change, said Joti Balani, Founder and Managing Director at Freshriver.ai Inc. and mentor at fempeak.ai. In a conversation with Manoj Agrawal, Group Editor, Banking Frontiers, she highlighted those enterprises are including more women in their workforce to drive their inclusion and diversity endeavors.
Mahila Banks ramping up technology & security
These women banks motivate as well as train their customers to use modern technology:
Leadership Goal No. 1: Quality of Life & Job Satisfaction
In a joint conversation Shefali Munjal, MD, Hero Insurance Brokers & Hardika Shah, Founder & CEO, Kinara Capital share their leadership insights and roadmap
Covid punches job satisfaction, HR fights back
3 HR heads from the leading BFSI companies shared the job satisfaction scenario at their organizations:
Brazil to examine 9 projects for CBDC
The Central Bank of Brazil and Fenasbac, or the National Federation of Associations of Central Bank Servers, have decided to examine 9 projects from different companies on a Brazilian central bank digital currency (CBDC).
Al & ML: Catalyst & Facilitator for the Finance Function
Ridhi Gangar - Chief Financial Officer, Tata Motors Finance, reveals technology-led initiatives to enhance the finance function:
8-fold path to prevent burn-out
Megha Mattoo, Chief Compliance Officer & Company Secretary, Medi Assist reveals the risk combat strategy adopted by the company
CMOs Journey To The Tipping Point
Banking Frontiers sought to understand what it takes to reach the tipping point from the marketing perspective. Five CMOs from the BFSI industry revealed to us their understanding and their approaches, which we have divided into 5 parts: (i) Key factors in the journey to the tipping point (ii) Judging the distance (iii) Optimize spending efficiency (iv) Nudging customer interaction, and (v) Leveraging traditional marketing channels:
ICICI Bank: Technology accounts for 8.4% of operating expenses
ICICI Bank continues to invest in technology to enhance its offerings to customers and the scalability, flexibility & resilience of its technology architecture:
UAE insurers start a digital journey
In an exclusive interaction Neeraj Gupta, CEO of PolicyBazaar UAE shares the insurance industry scenario in UAE, digital transformation trends & top insurance products:
UBI hiring domain experts by empanelled HR consultant
The PSU bank has deployed online training modules, covering the latest banking practices, on computer, tablet or mobile round the clock:
Triple Axis of Success: Reimagining, Transforming & Partnering
The private sector bank now goes live with 25+ new tech or digital capabilities every quarter:
Tokenization: Short term pain, long term gain
Deepak Sarup, Head, Credit Cards & Retail Lending at HSBC India and Puneet Kapoor, President, Products, Alternate Channels and Customer Experience Delivery at Kotak Mahindra Bank, delve into preparedness for tokenization and its impact:
Making Analytics less complex & costly
Many technology companies soon figure out that it is not easy to sell to a bank. Some may say that banks are too conservative, and others may say that banks are too demanding. The undeniable fact is that banks like to work with technology companies who understand their business and their domain.
Tier 2 & 3 cities see a surge of start-ups
India’s ranking in Global innovation index rises from 81st rank to 46th rank:
Digital Transformation - Alike or Different
Rishabh Garg, CTO at U GRO Capital & Ramesh Mallya, Head of Technology - India at DBS Bank, share different perspectives on similarities and differences in digital transformation:
ANZ's unique approach to digital transformation
The bank’s ANZx program and ANZ Plus proposition are bound to take it several levels up the modernization graph:
Third Covid Wave Of Could Lead To Incremental Restructuring: ICRA
With incremental restructuring under Covid 2.0, the overall standard restructured loan book for banks increased to 2.9% of standard advances as on September 30, 2021 (2.0% as on June 30, 2021). Most of this restructuring includes borrowers impacted by Covid 1.0 and 2.0.
Highlights of Goa's Cooperative Movement Achievements
Address by Guest of Honor C.R. Garg, Secretary, Cooperation, Goa at FCBA 2021: