Negotiation Strategies: Using Game Theory and Decision Tree Analysis to Deter...brucelb
A detailed case study of how to use Negotiation Strategies, an application of Game Theory and Decision Tree Analysis to develop an optimum strategy for negotiating a settlement in litigation. We demonstrate a process that can: identify and assess negotiation risks; know whether th current Negotiation Strategy will fail in time to change it;
and execute the most effective strategy to get the best possible outcome.
Future of artificial intelligence in the banking sectorusmsystems
The banking sector is becoming an active adapter of artificial intelligence — exploring and implementing this technology in new ways. The penetration of artificial intelligence in the banking sector had been unnoticed and sluggish until the advent of the era of internet banking.
CGI's Steve Starace, SVP & BU Leader, U.S. Northeast explains how CGI’s solutions and services are addressing clients’ top priorities in the banking industry.
Negotiation Strategies: Using Game Theory and Decision Tree Analysis to Deter...brucelb
A detailed case study of how to use Negotiation Strategies, an application of Game Theory and Decision Tree Analysis to develop an optimum strategy for negotiating a settlement in litigation. We demonstrate a process that can: identify and assess negotiation risks; know whether th current Negotiation Strategy will fail in time to change it;
and execute the most effective strategy to get the best possible outcome.
Future of artificial intelligence in the banking sectorusmsystems
The banking sector is becoming an active adapter of artificial intelligence — exploring and implementing this technology in new ways. The penetration of artificial intelligence in the banking sector had been unnoticed and sluggish until the advent of the era of internet banking.
CGI's Steve Starace, SVP & BU Leader, U.S. Northeast explains how CGI’s solutions and services are addressing clients’ top priorities in the banking industry.
In this presentation we look at the big trends likely to be seen in 2015 for retail banking. Will banks' obsession with customer centricity and user experience heighten? Will digital-only banks proliferate? We explore this and more...
Discusses Latest Trends in the Payments Industry from a global perspective. Starts with the increase in digital payments to the the need for banks to re-look at how they approach compliance to REgTechs to Regulatory Sandbox to Open API to Security and Authentication
Few banking segments are as interesting as small business banking. This presentation describes early thinking about customer-driven innovation and its applications via APIs
A brief presentation highlighting some key innovations in the finance industry, including payment methods, capital raising, security and financial management.
We look at how these improvements apply to daily life. For instance, digitization has created so many alternative payment methods, capital raising innovations have eliminated the traditional financial intermediaries, while cyber security has led to better regulations aimed at protecting the innocent consumers.
Lastly, each subsection has highlighted potential challenges along the way.
Feel free to comment and share!
2016 predicted to be breakout year for blockchain technology in corporate banking
New research from Mercator Advisory Group examines activity in blockchain technology and use cases for corporate banking expected to be piloted in 2016
In an age of consumer choice, anything that hints of hurting the account holder is a big mistake. If consumers think that you’re out to get them, you’ll lose their loyalty (and the revenue they bring). As proof, we surveyed 504 random US consumers about their banking experiences and found several data points that support the idea that advocacy is critically important. We put those stats — as well as quotes from industry analysts — in this presentation.
Technology breakthroughs, reversal of deregulation and dynamic markets are impacting the banking industry. Non-banking players such as mobile operators and Internet startups are also offering similar products and solutions. This is forcing the banks to be more innovative and proactive in their operations and risk management measures. Mindtree leverages its extensive domain and technical expertise, to deliver solutions for the world’s leading banks and financial institutions. The proprietary frameworks help accelerate solution development and implementation. We enable the bank’s IT organization to provide reliable, predictable and scalable services to its business users and end consumers.
Today's customers are fundamentally different from customers of past years as they are harder to acquire, retain, and delight because of the explosion in digital technologies consumers use day to day. New digital experiences are forcing banks to play catch-up and match the innovative and engaging interactions and products — such as mobile payments — that non-banks are offering to those same customers. This IDC research, sponsored by TCS Digital Software & Solutions Group, revealed three key themes for digital transformation in the banking industry.
How to Manage Increasing Data Compliance Issues in Community BanksColleen Beck-Domanico
During one of RMA’s Credit Risk Management Audio Conferences, H. Walter Young, chief liquidity risk officer, M&T Bank and chief data officer, CCAR, shared strategies and best practices for community banks facing increased data compliance and integrity issues, once deemed as “big bank issues."
In this presentation we look at the big trends likely to be seen in 2015 for retail banking. Will banks' obsession with customer centricity and user experience heighten? Will digital-only banks proliferate? We explore this and more...
Discusses Latest Trends in the Payments Industry from a global perspective. Starts with the increase in digital payments to the the need for banks to re-look at how they approach compliance to REgTechs to Regulatory Sandbox to Open API to Security and Authentication
Few banking segments are as interesting as small business banking. This presentation describes early thinking about customer-driven innovation and its applications via APIs
A brief presentation highlighting some key innovations in the finance industry, including payment methods, capital raising, security and financial management.
We look at how these improvements apply to daily life. For instance, digitization has created so many alternative payment methods, capital raising innovations have eliminated the traditional financial intermediaries, while cyber security has led to better regulations aimed at protecting the innocent consumers.
Lastly, each subsection has highlighted potential challenges along the way.
Feel free to comment and share!
2016 predicted to be breakout year for blockchain technology in corporate banking
New research from Mercator Advisory Group examines activity in blockchain technology and use cases for corporate banking expected to be piloted in 2016
In an age of consumer choice, anything that hints of hurting the account holder is a big mistake. If consumers think that you’re out to get them, you’ll lose their loyalty (and the revenue they bring). As proof, we surveyed 504 random US consumers about their banking experiences and found several data points that support the idea that advocacy is critically important. We put those stats — as well as quotes from industry analysts — in this presentation.
Technology breakthroughs, reversal of deregulation and dynamic markets are impacting the banking industry. Non-banking players such as mobile operators and Internet startups are also offering similar products and solutions. This is forcing the banks to be more innovative and proactive in their operations and risk management measures. Mindtree leverages its extensive domain and technical expertise, to deliver solutions for the world’s leading banks and financial institutions. The proprietary frameworks help accelerate solution development and implementation. We enable the bank’s IT organization to provide reliable, predictable and scalable services to its business users and end consumers.
Today's customers are fundamentally different from customers of past years as they are harder to acquire, retain, and delight because of the explosion in digital technologies consumers use day to day. New digital experiences are forcing banks to play catch-up and match the innovative and engaging interactions and products — such as mobile payments — that non-banks are offering to those same customers. This IDC research, sponsored by TCS Digital Software & Solutions Group, revealed three key themes for digital transformation in the banking industry.
How to Manage Increasing Data Compliance Issues in Community BanksColleen Beck-Domanico
During one of RMA’s Credit Risk Management Audio Conferences, H. Walter Young, chief liquidity risk officer, M&T Bank and chief data officer, CCAR, shared strategies and best practices for community banks facing increased data compliance and integrity issues, once deemed as “big bank issues."
Top Five Trends That Are Redefining Banking in ASEANaccenture
There are three major challenges keep organizations from fully realizing returns and delivering a truly customer-centric experience for banks. As a result, five key trends have emerged of banks seeking to overcome these challenges.
Use of Analytics to recover from COVID19 hit economyAmit Parija
As the world takes a unexpected economic down turn due to the COVID19 pandemic, data sciences and analytics is something business are turning to take quick decisions
AI in Banking Industry and Effects on Customers.pdfCeyhun Jay Tugcu
From personalized recommendations to automated wealth management, AI is revolutionizing the customer experience in banking, offering convenience, efficiency, and improved financial well-being. This material delves into the transformative aspects of AI in banking and the ethical considerations and challenges that come with its adoption.
Revolutionizing lending in today's digital worldExperian
Imagine a world where the lending journey is streamlined and aligned with today's innovative technologies. A world where income and asset verification happen real-time. No need to return to your customers and request even more paperwork to support their ability to pay. This presentation dives into how lenders can now bring financial data aggregation into the mainstream. With a simple interface, lenders can verify income and assets in minutes vs. days, leading to reduced processing times, improved revenue streams and higher customer satisfaction.
Κεντρική Ομιλία: Κωστής Χλουβεράκης, Επικεφαλής Γενικής Διεύθυνσης Digital Banking, Eurobank
Τίτλος Ομιλίας: «Καινοτομία στην σημερινή Τράπεζα: Προκλήσεις, Τάσεις και Προοπτικές»
Cloud Native Journey in Synchrony FinancialVMware Tanzu
SpringOne Platform 2017
Michael Barber, Synchrony Financial
"Synchrony Financial’s Journey to transform the IT organization to Cloud and Cloud-Native Micro Service Organization. This session highlights our cloud journey from vision formation to strategy to fast paced private cloud build and moved our applications to Pivotal Cloud Foundry.
Synchrony Financial has always focused on technology, innovation and agility to serve the customer best. In today’s fast changing fintech environment Synchrony continuously creates innovative products, process and bring in agility by simplifying technology and improving speed to market. As our CIO states, speed is the new IP, we bring the speed by enabling modern technology platform and tools to enable our business and engineers to innovate more with less effort.
In this presentation, we will focus on sharing our journey from initial cloud vision creation, how we created a simplified strategy to prove our technology selection, validated the assumptions, created an execution strategy, transformed our process and created a fast paced road map to move to cloud-native systems and decompose monolith to micro services. We were able to achieve most it using Pivotal Cloud Foundry platform with spring frame work and tools. This presentation will also share highlights of program structure and approach of this key initiative."
Overview of Data Analytics in Lending BusinessSanjay Kar
AI/ML use cases
BFSI industry overview
Lending Products
Underwriting Strategy
Customer Lifecycle Management
How to prepare for becoming a banking analyst
Materials to study for statistics
What is fintech?
What is a Credit Bureau?
Books for statistics
Tools for data science
Techniques for data science
Support for the keynote "Data, Ethics and Health Care,”, Keynote, Creating Value in Health Care through Innovation Management, May 16,2019, Deusto, San Sebastien
Support for the presentation • “Does AI Improve Managerial Decision-Making?”at the International Conference Airport Operational Excellence, Jan. 28-30 2019
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Executive Directors Chat Leveraging AI for Diversity, Equity, and InclusionTechSoup
Let’s explore the intersection of technology and equity in the final session of our DEI series. Discover how AI tools, like ChatGPT, can be used to support and enhance your nonprofit's DEI initiatives. Participants will gain insights into practical AI applications and get tips for leveraging technology to advance their DEI goals.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
2. • The authors speak of another revolution in banking.
What is the basis of this claim?
• Why do non-traditional financial companies enjoy
an advantage over traditional banks?
• What are the advantages of data-driven lending?
• Which two inherent risks in banking do Fintech
companies exploit?
• How do the authors believe traditional banks will
respond?
The FinTech Revolution?
Introduction
The Economist (2009) The Fintech Revolution
5. • Financial services are a transactional
business made of information rather
than concrete goods
• New applications, processes, products,
or business models in the financial
services industry,
• Originate from independent service
providers and at least one licensed bank
or insurer
• Used to automate insurance, trading,
and risk management.
Data Analytics in Finance
Technology
Business Analytics 3.0
6. Financial Business Models
Technology
• Segment, Analyze, Develop,
Meaure
• Three traditional markets in
banking – retail, wholesale,
capital markets
• Universal banking
• Infrastructure providers
• Open platforms
• Full-fledged Aggregators
4 Banking Business Models for the Digital Age
7. Ian Dowson
• A microeconomic environment characterized
by weak growth, low inflation and low interest
rates
• A radical change in customer behavior
• New competitors with new business models
entering the financial market
• A more demanding and intrusive regulatory
environment
Market Challenges
Technology
8. • Capital One Labs – uses data science
algorithms to develop next generation of
financial products and services.
• Citi Latin America Innovation Lab offers its
commercial customers transactional datato
help clients identify novel trade patterns
• Bank of America runs BankAmeriDeals with
various cashback offers for debit and credit
card holders based on the analytics
• Credit Suisse’s Data scientists find novel
opportunities to create revenue streams; retain
customers and reduce expenses
Whose doing it?
Technology
Dezyre
9. • Spending pattern of customers
• Channel usages
• Customer Segmentation and Profiling
• Product Cross Selling based on the profiling to
increase hit rate
• Sentiment and feedback analysis
• Security and fraud management
Use Scenarios
Technology
The Financial Brand
10. Ian Dowson
Banks can serve their customers with their
preferred channel by leveraging transactional
behaviour analytics
Data science can find attributes and patterns
which have increased probability for fraud.
Data science helps banks optimize the check
float criterion by considerably reducing the
bottom line costs.
Data science can help ensure customer
satisfaction on quality of service through data-
insights on changing customer requirements
Data science can help forecast various
profitability components such as charge-off
accounts, delinquency and closure that help
them make effective product and pricing
decisions.
Value Levers
Technology
11. • Customer life event analysis
• Real time allocation based offerings
• Quality of lead analytics
• Micro-segmentation
• Customer Gamification
• DIsclosure reporting
• Anti-money laundering
• IVR analysis
• B2B merchant insights
• Real time capital calculations
• Log analytics
Data Science Techniques
Technology
12. • New offerings from non-traditional players
• Diminishing margins
• Greater operational risks
• Loss of customer focus
• Ethical issues surrounding data privacy
and institutional obligations to act on
analytics findings
What are the risks?
Technology
13. • Adoption of cloud solutions
• KYC complicance to prevent fraud and
financial crimes
• Converged applications will integrate historical
and real-time financial data
• Increasing use of IoT and streaming
• Widespread implementation of Big data and
blockchain technlogies
Future trends
Technology
14. • What is the organization’s business
model?
• Why does the organization focus on
data?
• How is the Data Science team
organized?
• Which data science techniques does
the organization favor ?
• What is the link between data science
and decision making?
• How does the organization use Data
Science to propel growth
Case Study Questions
Technology
15. • Elias, J., (2014), Why Capital One Labs Is Banking On
Experimentation
• MyOnlineCA, (2016), How Banks Earn Money, (video)
• Marous, J., (2014), Customer Analytics is the Key to
Growth in Banking
• Robinson, B., (2016) 4 Banking Business Models for
the Digital Age
• Srivastava, U. , Impact of Big Data Analytics on
Banking Sector: Learning for Indian Banks
• Stringfellow, A., (2018), 20 experts reveal the most
important big data technology trends shaping banking
Bibliography
Next Steps