As bank branches close their physical doors, PayKey empowers financial institutions to provide a simple, intuitive & accessible banking experience - straight from the smartphone keyboard.
Mobile banking adoption for senior citizens in COVID-19 timesUval Raz
As banks close their physical doors, senior customers need to adopt the mobile banking services they were reluctant to use before. PayKey empowers financial institutions to provide them with a simple, intuitive & accessible banking experience - straight from the smartphone keyboard
Helping your business escape the competition with UPI paymentsMypoolin
- The document discusses how businesses can use UPI payments to escape competition through Mypoolin's offerings.
- Mypoolin provides state-of-the-art UPI design and seamless payment acceptance to help businesses get paid easily and collect group payments. It also helps businesses run more efficiently through automated vendor payouts, payroll, and analytics dashboards.
- A case study showed how Oyster Loyalty Program Limited saw improved business and profits after enabling UPI payments through Mypoolin in 2017.
Video For Financial Institutions – from Novelty to NecessityInfosys
Smarter banks have started using video technology to connect the customer with the right expert and provide quick and personalized service. Many banks are still in the nascent stage of embracing video technology. Even so, they cannot ignore the power of video technology in providing customers better access to more services, while bringing more human touch into digital banking.
Reimagine Banking in 2025: How Will IT Change the Way We Do Banking?Ekaputra Sananto
Banking in 2025 will see significant changes in technology that impact how customers interact with banks. Personalized high-touch service will still be important but will be enabled through new technologies like beacon tracking and virtual/augmented reality. Customers will have more direct self-service options through improved digital and mobile banking platforms as well as next generation ATMs and smart watches. Payment systems will increasingly integrate new technologies and see the rise of digital/mobile/contactless payments and peer-to-peer transfers. Banks will need to focus on better communication and creating truly trusted relationships through always-on conversations on customers' preferred channels to maintain relevance in this changing landscape.
Helping your business escape the competition with UPI payments -WibmopayWibmoPay
- The document discusses how businesses can use UPI payments to escape competition through seamless payment experiences, cost efficiency, and data-driven insights.
- It outlines key pain points like lengthy payment flows and high fees that businesses currently face.
- The solution proposed uses UPI to enable seamless acceptance of payments online and offline, automated payouts, payroll management, and analytics dashboards.
- An example of a loyalty program that saw increased profits by enabling UPI payments is provided.
- The concluding section describes the company providing the UPI payment solutions and calls businesses to simplify payments through their offerings.
Pay1 is the fastest growing cash to digital payment network in India with more than 70,000 outlets and growing fast. We are focused on finding breakthrough solutions to India-specific payment issues through technology and process innovations.
Starting with successfully growing retail recharge network, Pay1 has now expanded to digital payments & hyper local advertising.
Pay1 was founded in 2011 and is a business unit of Minds Array Technologies Pvt. Ltd.
The document discusses developing a mobile banking app for banks and financial institutions in Bangladesh. It provides examples of features a banking app could have, such as checking account balances, viewing transaction histories, paying bills, locating ATMs and branches. The app could also offer wallet services, deals and promotions from allied companies, and educational materials about banking. The document encourages submitting ideas for banking apps through a national mobile app development website, with cash prizes offered for the best ideas.
Mobile banking adoption for senior citizens in COVID-19 timesUval Raz
As banks close their physical doors, senior customers need to adopt the mobile banking services they were reluctant to use before. PayKey empowers financial institutions to provide them with a simple, intuitive & accessible banking experience - straight from the smartphone keyboard
Helping your business escape the competition with UPI paymentsMypoolin
- The document discusses how businesses can use UPI payments to escape competition through Mypoolin's offerings.
- Mypoolin provides state-of-the-art UPI design and seamless payment acceptance to help businesses get paid easily and collect group payments. It also helps businesses run more efficiently through automated vendor payouts, payroll, and analytics dashboards.
- A case study showed how Oyster Loyalty Program Limited saw improved business and profits after enabling UPI payments through Mypoolin in 2017.
Video For Financial Institutions – from Novelty to NecessityInfosys
Smarter banks have started using video technology to connect the customer with the right expert and provide quick and personalized service. Many banks are still in the nascent stage of embracing video technology. Even so, they cannot ignore the power of video technology in providing customers better access to more services, while bringing more human touch into digital banking.
Reimagine Banking in 2025: How Will IT Change the Way We Do Banking?Ekaputra Sananto
Banking in 2025 will see significant changes in technology that impact how customers interact with banks. Personalized high-touch service will still be important but will be enabled through new technologies like beacon tracking and virtual/augmented reality. Customers will have more direct self-service options through improved digital and mobile banking platforms as well as next generation ATMs and smart watches. Payment systems will increasingly integrate new technologies and see the rise of digital/mobile/contactless payments and peer-to-peer transfers. Banks will need to focus on better communication and creating truly trusted relationships through always-on conversations on customers' preferred channels to maintain relevance in this changing landscape.
Helping your business escape the competition with UPI payments -WibmopayWibmoPay
- The document discusses how businesses can use UPI payments to escape competition through seamless payment experiences, cost efficiency, and data-driven insights.
- It outlines key pain points like lengthy payment flows and high fees that businesses currently face.
- The solution proposed uses UPI to enable seamless acceptance of payments online and offline, automated payouts, payroll management, and analytics dashboards.
- An example of a loyalty program that saw increased profits by enabling UPI payments is provided.
- The concluding section describes the company providing the UPI payment solutions and calls businesses to simplify payments through their offerings.
Pay1 is the fastest growing cash to digital payment network in India with more than 70,000 outlets and growing fast. We are focused on finding breakthrough solutions to India-specific payment issues through technology and process innovations.
Starting with successfully growing retail recharge network, Pay1 has now expanded to digital payments & hyper local advertising.
Pay1 was founded in 2011 and is a business unit of Minds Array Technologies Pvt. Ltd.
The document discusses developing a mobile banking app for banks and financial institutions in Bangladesh. It provides examples of features a banking app could have, such as checking account balances, viewing transaction histories, paying bills, locating ATMs and branches. The app could also offer wallet services, deals and promotions from allied companies, and educational materials about banking. The document encourages submitting ideas for banking apps through a national mobile app development website, with cash prizes offered for the best ideas.
This document summarizes a mobile marketplace that aims to connect merchants and customers through innovative mobile payment products and services beyond a digital wallet. The marketplace offers money transfers, a mobile shopping mall, and point-of-sale purchases. It has partnerships with merchants and media providers and operates in Israel with over 1,000 subscribers and monthly growth. The business model involves transaction fees and periodic fees from merchants. It has a competitive advantage over other mobile payment solutions by not requiring NFC and being accessible to unbanked users in Eastern Europe and Asia.
Exponential banking: Reinventing Financial Services in a world of Exponential...Vincent Teo
A Point of View on the threat of Fintechs and Neobanks in the Financial Services category and what banks should do to respond and continue to unlock business and customer value and drive growth.
Banks should look beyond just embracing the latest Fintech and look to reinvent themselves as the Exponential Bank of the Future.
The global wallet market is projected to reach $4.5 billion by 2020 at a CAGR of 100%. Mobile wallets have brought convenience to the consumers by speeding up the checkout process.
Helping your business escape the competition with group-paymentsMypoolin
Mypoolin offers group payment solutions for businesses to help them overcome competition. It allows businesses to accept payments through UPI and QR codes, collect group payments for activities like vacations, and efficiently manage B2B payments and payroll. Mypoolin also provides analytics dashboards and SDKs to help businesses sell more and gain insights. MakeMyTrip partnered with Mypoolin in 2016 to enable group gifting functionality for consumers to purchase better gifts by sharing costs.
Digital banking has witnessed unexpected growth, and it’s fast becoming the primary channel of interaction between customers and banking services providers.
Case study: DBS's digitalization in Southeast AsiaVarun Mittal
DBS Bank launched a digital banking platform called digibank in Singapore in 2016 that has since expanded to India and Indonesia. The platform focuses on integrating banking services into customers' lifestyles and daily needs. DBS worked with EY to develop its strategy in Indonesia, focusing on differentiating digibank by addressing key pain points and integrating banking seamlessly into customers' digital lives. DBS aims to offer banking services beyond transactions and become embedded in customers' experiences through integrated digital ecosystems.
Funq is a student banking platform that provides a full-stack API for educational institutions, students, and parents. It offers a B2C platform for kids and parents with a pocket money app and card to spend, save and earn smartly. It also offers a B2B platform for banks and fintechs with infrastructure and APIs to launch their own student account offerings. The platform aims to educate and empower students at a younger age to become financially literate by learning money management skills through using the app.
Most banks have already made the move to digital, but keeping up with today’s competition means becoming completely immersed in it. Anything less than 100% commitment is not enough. Your customers expect more than basic products and services, they expect holistic solutions to their financial needs. The truth is, if you’ve been tagging bits of digital onto the current offering — you’re already falling behind.
So where do you start?
Become a Digital-First Enterprise and move way beyond your comfort zone
Think digital
Change your business culture
In this comprehensive webinar, Jouk Pleiter and Tim Rutten, outline the tools and strategic approaches needed to become truly digital-first. Get serious about future proofing your bank, register today!
The document discusses FWD's distribution ecosystems for affiliates, including FWD Affiliates. FWD Affiliates is a new digital channel for salespersons to engage customers and generate sales leads by leveraging social media engagement and interaction. It allows salespersons to generate leads through social media by sharing posts and recruiting affiliates through their social networks. FWD Affiliates also tracks the performance of shared posts, generated leads, affiliate networks, and transactions. The overall distribution ecosystems include tools for prospecting, recruiting, sales management, point-of-sale, and after-sales support.
Quartal Financial Solutions provides fee and commission management software that aims to improve on traditional in-house and Excel-based solutions. Their cloud-based software offers visibility, accuracy, and compatibility with changing processes. It can handle revenue and expenses across any supply chain interaction from a single platform. Regulations and profitability pressures are causing financial organizations to change their operating models, and traditional solutions are no longer sufficient. Quartal's disruptive approach aims to fill the gap with technological excellence for fee and commission management.
This document discusses a proposed solution called "Future Banking" to help banks modernize their systems and processes to provide a more seamless and hassle-free customer experience. The solution involves migrating bank infrastructure to the cloud to reduce maintenance costs and provide better user experience. It would also utilize virtual reality and chat bots powered by artificial intelligence to give customers improved insight into services and a more interactive experience. The goal is to help banks better align with customer needs in today's digital environment.
Digital mortgages streamline the loan origination process through an enhanced borrower experience using data intelligence. This allows borrowers to close loans conveniently without meeting in person. Digital mortgages have automated workflows to complete each process well before average times while cutting costs for lenders by 30-50% and increasing sales productivity by 75%. Mortgage lenders are now accepting digital technologies like APIs, RPA, mobile-first design, MVPs, analytics and AI to create smoother processes for borrowers and benefit from increased productivity and cost savings.
This document provides a project report for developing a mobile banking application for Meezan Bank using Inov8 Limited's Falcon Platform over 110 days. It acknowledges the support received and outlines the Falcon Platform's features. The report details the project management processes including initiating, planning, executing, monitoring and closing processes. It covers requirements gathering, scope, schedule, budget, development, testing, risk management and project outcomes. The recommendation section suggests proceeding with the mobile banking project.
This document provides an overview of Futuready Insurance Broker, an Indonesian insurance brokerage firm. It discusses opportunities in the Indonesian insurance market due to low insurance penetration. Futuready aims to address issues with the traditional distribution model such as lack of selection, objectivity and customer service. It provides a licensed online platform for customers to compare and purchase policies from multiple insurers. The platform aims to target retail customers with simple insurance needs. It discusses Futuready's strengths in having an insurance broker license and technology platform to offer policy selection. The document also outlines Futuready's progress since launching in 2013.
A Little world is one of the fastest growing companies with a annual growth rate of 600%. The company has pioneered the concept of branch less banking by using mobile phone platform. The cost of operating a brank branch in India has now been reduced to 50$ per month. See the presentation and find out yourself how the concept works.
Here is a copy of my recent presentation to the AIMIA Digital Summit in Sydney. The key theme was how Digital can change the way citizens interact with Government. Clearly there is now a challenge to move from single initiatives to an Agency wide program of work.
Mobile banking and payments are growing rapidly due to increased mobile and internet penetration globally. The number of mobile banking transactions is expected to grow from 2.7 billion in 2007 to 37 billion by 2011. Financial institutions are increasingly offering more products and services through mobile phones like money transfers, bill payments, and account access. Mobile banking provides benefits for both banks and users by offering convenient anytime, anywhere access to banking services. It allows banking to reach more remote, low income, and underserved populations through branchless banking.
10 Trends Changing the Face of Financial ServicesBohemia Group
The presentation covers 10 trends that are changing the face of financial services, with the slides looking at evolving consumer behavior and the brands or start-ups that are looking to leverage those changes.
This document summarizes a mobile marketplace that aims to connect merchants and customers through innovative mobile payment products and services beyond a digital wallet. The marketplace offers money transfers, a mobile shopping mall, and point-of-sale purchases. It has partnerships with merchants and media providers and operates in Israel with over 1,000 subscribers and monthly growth. The business model involves transaction fees and periodic fees from merchants. It has a competitive advantage over other mobile payment solutions by not requiring NFC and being accessible to unbanked users in Eastern Europe and Asia.
Exponential banking: Reinventing Financial Services in a world of Exponential...Vincent Teo
A Point of View on the threat of Fintechs and Neobanks in the Financial Services category and what banks should do to respond and continue to unlock business and customer value and drive growth.
Banks should look beyond just embracing the latest Fintech and look to reinvent themselves as the Exponential Bank of the Future.
The global wallet market is projected to reach $4.5 billion by 2020 at a CAGR of 100%. Mobile wallets have brought convenience to the consumers by speeding up the checkout process.
Helping your business escape the competition with group-paymentsMypoolin
Mypoolin offers group payment solutions for businesses to help them overcome competition. It allows businesses to accept payments through UPI and QR codes, collect group payments for activities like vacations, and efficiently manage B2B payments and payroll. Mypoolin also provides analytics dashboards and SDKs to help businesses sell more and gain insights. MakeMyTrip partnered with Mypoolin in 2016 to enable group gifting functionality for consumers to purchase better gifts by sharing costs.
Digital banking has witnessed unexpected growth, and it’s fast becoming the primary channel of interaction between customers and banking services providers.
Case study: DBS's digitalization in Southeast AsiaVarun Mittal
DBS Bank launched a digital banking platform called digibank in Singapore in 2016 that has since expanded to India and Indonesia. The platform focuses on integrating banking services into customers' lifestyles and daily needs. DBS worked with EY to develop its strategy in Indonesia, focusing on differentiating digibank by addressing key pain points and integrating banking seamlessly into customers' digital lives. DBS aims to offer banking services beyond transactions and become embedded in customers' experiences through integrated digital ecosystems.
Funq is a student banking platform that provides a full-stack API for educational institutions, students, and parents. It offers a B2C platform for kids and parents with a pocket money app and card to spend, save and earn smartly. It also offers a B2B platform for banks and fintechs with infrastructure and APIs to launch their own student account offerings. The platform aims to educate and empower students at a younger age to become financially literate by learning money management skills through using the app.
Most banks have already made the move to digital, but keeping up with today’s competition means becoming completely immersed in it. Anything less than 100% commitment is not enough. Your customers expect more than basic products and services, they expect holistic solutions to their financial needs. The truth is, if you’ve been tagging bits of digital onto the current offering — you’re already falling behind.
So where do you start?
Become a Digital-First Enterprise and move way beyond your comfort zone
Think digital
Change your business culture
In this comprehensive webinar, Jouk Pleiter and Tim Rutten, outline the tools and strategic approaches needed to become truly digital-first. Get serious about future proofing your bank, register today!
The document discusses FWD's distribution ecosystems for affiliates, including FWD Affiliates. FWD Affiliates is a new digital channel for salespersons to engage customers and generate sales leads by leveraging social media engagement and interaction. It allows salespersons to generate leads through social media by sharing posts and recruiting affiliates through their social networks. FWD Affiliates also tracks the performance of shared posts, generated leads, affiliate networks, and transactions. The overall distribution ecosystems include tools for prospecting, recruiting, sales management, point-of-sale, and after-sales support.
Quartal Financial Solutions provides fee and commission management software that aims to improve on traditional in-house and Excel-based solutions. Their cloud-based software offers visibility, accuracy, and compatibility with changing processes. It can handle revenue and expenses across any supply chain interaction from a single platform. Regulations and profitability pressures are causing financial organizations to change their operating models, and traditional solutions are no longer sufficient. Quartal's disruptive approach aims to fill the gap with technological excellence for fee and commission management.
This document discusses a proposed solution called "Future Banking" to help banks modernize their systems and processes to provide a more seamless and hassle-free customer experience. The solution involves migrating bank infrastructure to the cloud to reduce maintenance costs and provide better user experience. It would also utilize virtual reality and chat bots powered by artificial intelligence to give customers improved insight into services and a more interactive experience. The goal is to help banks better align with customer needs in today's digital environment.
Digital mortgages streamline the loan origination process through an enhanced borrower experience using data intelligence. This allows borrowers to close loans conveniently without meeting in person. Digital mortgages have automated workflows to complete each process well before average times while cutting costs for lenders by 30-50% and increasing sales productivity by 75%. Mortgage lenders are now accepting digital technologies like APIs, RPA, mobile-first design, MVPs, analytics and AI to create smoother processes for borrowers and benefit from increased productivity and cost savings.
This document provides a project report for developing a mobile banking application for Meezan Bank using Inov8 Limited's Falcon Platform over 110 days. It acknowledges the support received and outlines the Falcon Platform's features. The report details the project management processes including initiating, planning, executing, monitoring and closing processes. It covers requirements gathering, scope, schedule, budget, development, testing, risk management and project outcomes. The recommendation section suggests proceeding with the mobile banking project.
This document provides an overview of Futuready Insurance Broker, an Indonesian insurance brokerage firm. It discusses opportunities in the Indonesian insurance market due to low insurance penetration. Futuready aims to address issues with the traditional distribution model such as lack of selection, objectivity and customer service. It provides a licensed online platform for customers to compare and purchase policies from multiple insurers. The platform aims to target retail customers with simple insurance needs. It discusses Futuready's strengths in having an insurance broker license and technology platform to offer policy selection. The document also outlines Futuready's progress since launching in 2013.
A Little world is one of the fastest growing companies with a annual growth rate of 600%. The company has pioneered the concept of branch less banking by using mobile phone platform. The cost of operating a brank branch in India has now been reduced to 50$ per month. See the presentation and find out yourself how the concept works.
Here is a copy of my recent presentation to the AIMIA Digital Summit in Sydney. The key theme was how Digital can change the way citizens interact with Government. Clearly there is now a challenge to move from single initiatives to an Agency wide program of work.
Mobile banking and payments are growing rapidly due to increased mobile and internet penetration globally. The number of mobile banking transactions is expected to grow from 2.7 billion in 2007 to 37 billion by 2011. Financial institutions are increasingly offering more products and services through mobile phones like money transfers, bill payments, and account access. Mobile banking provides benefits for both banks and users by offering convenient anytime, anywhere access to banking services. It allows banking to reach more remote, low income, and underserved populations through branchless banking.
10 Trends Changing the Face of Financial ServicesBohemia Group
The presentation covers 10 trends that are changing the face of financial services, with the slides looking at evolving consumer behavior and the brands or start-ups that are looking to leverage those changes.
The document discusses the changing landscape of retail banking, as customer expectations and behaviors change with advancing technology. It notes that while branches remain important for some transactions, most customer interactions now occur through digital channels like internet and mobile banking. This poses challenges for traditional banks still relying on outdated systems. The document also discusses new competitors entering banking like payment platforms and peer-to-peer lenders. It argues that banks must improve their omnichannel offerings and use customer data to strengthen relationships in order to retain customers and remain relevant in this evolving environment.
In this presentation, we look at this issue, the steps the banking community need to get right to engage with modern consumers and how to develop powerful mobile—based propositions that people actually want to use.
The ‘Omnichannel’ Nirvana and the future of bankingPhilip Brooks
The document discusses the changing landscape of retail banking as technology advances how customers interact with banks. It notes that while branches are still important for some transactions, most customer interactions now occur online or through mobile devices. The document analyzes customer data to identify different types of customers based on their channel usage, and finds that those who rely more on in-person or phone interactions are more emotionally connected to their bank and less likely to complain or switch. It concludes that banks must find ways to recreate strong emotional bonds with customers who primarily use online and mobile banking to improve customer retention and reduce complaints.
How digital payment solutions are transforming payments experienceNikunj Gundaniya
In the digital economy, we've come a long way, and multi-channel distribution is now a must-have for any company. Customers are now progressing beyond buying stuff and making payments to engaging in seamless customer-driven interactions via mobile devices, which is the next level of interactions.
mBank - the most design-driven digital bank in the world - NetFinance, Miami ...Nordea
Most recent update on mBank - the most design-driven digital bank in the world.
Deck presented at NetFinance in Miami in April 2014.
6 global innovation awards (Finovate, Efma, Bank Innovation 2014, Celent's Model Bank 2014). Coverage by Forrester Research, TechCrunch, Harvard Business Review, WSJ, American Banker and more...
Know more about UPI - Unified Payments Interface developed by NPCI. This presentation gives an overall view of the technology behind UPI.A new initiative for a cashless and digital economy.
Identity and Access Management Solutions for Financial InstitutionsAlireza Ghahrood
Key trusted identities solutions that provide a truly
secure and frictionless omni-channel experience
F I N D O U T M O R E >
Innovation that helps meet
compliance and enables
your digital business
Don’t let regulations and compliance
standards such as PSD2, PCI DSS, or
FFIEC hold you back. We reduce risk
and help you enable a secure digital
banking experience while addressing
Transaction verification and signing security compliance.
The increasing sophistication and frequency of fraudulent
attacks requires you to secure transactions with strong
authentication, without hindering the customer experience.
Our solutions will empower your customers to quickly and
easily verify transactions through mobile solutions such as
out-of-band mobile push notifications and mobile smart
credentials.
Advanced adaptive athentication
Consumers want a secure yet frictionless banking experience.
Adaptive authentication provides an innovative approach by
adding a transparent layer of security for your customers.
Assess a range of contextual attributes in real-time, and
provide deep security and identity insights during login.
This leads to fewer step-up challenges and help desk calls
and reduces the number of fraudulent transactions.
Device reputation
Ensure the integrity of your customer’s device before
they open an account, sign into their banking applications,
or conduct a transaction. Our device reputation solution
allows you to add a layer of security while reducing any
unnecessary customer involvement, providing a seamless
and transparent experience. By relying on multi-factor
authentication only when necessary, device reputation
allows your organization to balance usability and security.
Mobile innovations
Customers can now manage all of their banking needs
with the device they love most – their mobile device.
Mobile enables push notifications as well as transparent
authentication methods such as touch ID and facial
recognition
There is a growing demand among customers for instant and mobile access to banking services from any device. Surveys show that customers want tools to help manage budgets and expect banks to analyze spending and provide feedback. New payment systems like Apple Pay and Venmo allow faster and more convenient transactions between mobile devices. Alternative lending through peer-to-peer or using non-traditional credit data is also gaining traction. Banks have tremendous customer data that can be leveraged to better predict customer needs and provide personalized services.
Next Generation Mobile Banking and Return on Investmentmistervandam
Fiserv white paper on how the advancement of mobile banking - particularly next generation features and functionality - are driving return on investment for financial institutions
Internet banking allows users to access bank services like balance inquiries, funds transfers, bill payments, and transaction histories from any computer with an internet connection. Some key benefits are convenience of 24/7 access from anywhere, quick transaction speeds, and efficiency of managing all accounts in one place. ICICI was the first bank in India to offer internet banking services starting in 1997 under their Infinity brand.
UPI is a single-window mobile payment system launched by NPCI that allows users to instantly transfer money between bank accounts using only a virtual payment address. It eliminates the need for users to enter sensitive bank details with each transaction. To use UPI, a user simply downloads a participating bank's app, registers with their virtual ID like phone number, and can then send and receive money instantly. For online purchases, a user only needs to provide their virtual ID to the merchant and authenticate the transaction via their bank app. UPI aims to facilitate a digital and cashless society in India by making payments simple, secure and convenient through a single mobile interface.
The document discusses how financial technology (FinTech) innovation, a focus on customers, and collaboration across the financial ecosystem can help address the "last mile" challenge of expanding access to financial services. It summarizes several case studies of organizations that have implemented digital financial services with these elements in mind. For example, using mobile phones as the primary delivery channel, understanding and addressing customer pain points to create frictionless services, taking a phased rollout approach, and establishing physical access points. It concludes that while technology enables solutions, addressing customer needs through collaboration is key to achieving last mile access.
This document provides an overview of mobile banking in India. It discusses what mobile banking is, the common services it provides like balance checks, funds transfers, bill payments. It outlines why banks promote mobile banking, including benefits like lower costs, improved customer service and satisfaction. It notes some security risks and how to mitigate them, like not sharing passwords or accessing banking from public WiFi. It also gives an example of Canara Bank's mobile banking app called CANDI and discusses the growth of mobile banking apps in India from major banks like ICICI, HDFC, SBI and more.
Michael McCleary gave a presentation on mobile payments and security. He discussed the history of mobile technology and the growth of mobile commerce. Mobile payments can be done through mobile web payments, direct mobile billing, online wallets, and near field communication (NFC). Security for mobile payments is ensured through encryption of credit card data during transmission. Trends show continued growth in mobile shopping and payments through smartphones and tablets.
Mobile Horizons Istanbul
Digital Banking Channels
Deniz Güven, SVP Digital Channels, Garanti Bank
This presentation was made on June 4, 2013 at the Mobile Horizons Istanbul conference.
This thought-leadership forum was a unique conference about the disruptive changes caused by mobile technologies: Wearable Technologies, New interfaces, Mobile Retail, Big Data, Connected Life, and more!
Featuring international mobile visionaries and Turkish business leaders Mobile Horizons Istanbul was held at an exclusive venue on the shores of the Bosphorus
For more information, please visit the website at www.mobile-horizons.com or facebook at www.facebook.com/mobilehorizons.
This document provides an overview of the changing banking environment and opportunities for new digital services and products. Key points include:
- The banking industry is being disrupted by digital competitors that offer more seamless, mobile-first experiences for customers.
- Technology is changing customer expectations around fast, cashless, and on-demand banking services that can be accessed anywhere.
- The document outlines several potential new digital banking products and services like mobility banking, service bots, experience banking apps, and tools to help different generations.
- It argues that banks need to shift their focus from products to customer experience, change business models, use algorithms, and try new apps to better connect with customers in this changing environment.
UPI is a single window mobile payment system launched by NPCI that allows users to instantly transfer money between bank accounts using only a virtual payment address. It eliminates the need for users to enter sensitive bank details with each transaction. To use UPI, a user simply downloads a participating bank's app, registers with their bank account details and virtual ID, then can make or receive payments by providing only this virtual ID to the payee. This simplifies payments and promotes a cashless economy.
Challenges for the Future of Retail BankingDesignit
Digital transformation in retail banking is a thriving and complex phenomenon. We at Designit try to make sense of it by identifying leading trends in three deeply interdependent categories: new enabling technologies, new customer expectations, and new strategic trends. The future holds uncertainty and promise, but some immediate actions are patently necessary for banks that want to stay relevant in an increasingly dynamic scenario.
Similar to Driving mobile banking in COVID-19 times (20)
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
What Lessons Can New Investors Learn from Newman Leech’s Success?Newman Leech
Newman Leech's success in the real estate industry is based on key lessons and principles, offering practical advice for new investors and serving as a blueprint for building a successful career.
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
Navigating Your Financial Future: Comprehensive Planning with Mike Baumannmikebaumannfinancial
Learn how financial planner Mike Baumann helps individuals and families articulate their financial aspirations and develop tailored plans. This presentation delves into budgeting, investment strategies, retirement planning, tax optimization, and the importance of ongoing plan adjustments.
Discovering Delhi - India's Cultural Capital.pptxcosmo-soil
Delhi, the heartbeat of India, offers a rich blend of history, culture, and modernity. From iconic landmarks like the Red Fort to bustling commercial hubs and vibrant culinary scenes, Delhi's real estate landscape is dynamic and diverse. Discover the essence of India's capital, where tradition meets innovation.
Budgeting as a Control Tool in Government Accounting in Nigeria
Being a Paper Presented at the Nigerian Maritime Administration and Safety Agency (NIMASA) Budget Office Staff at Sojourner Hotel, GRA, Ikeja Lagos on Saturday 8th June, 2024.
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metricsshruti1menon2
Poonawalla Fincorp Limited, under the leadership of Managing Director Abhay Bhutada, has achieved industry-leading Gross Non-Performing Assets (GNPA) below 1% and Net Non-Performing Assets (NNPA) below 0.5% as of May 31, 2024. This success is attributed to a strategic vision focusing on prudent credit policies, robust risk management, and digital transformation. Bhutada's leadership has driven the company to exceed its targets ahead of schedule, emphasizing rigorous credit assessment, advanced risk management, and enhanced collection efficiency. By prioritizing customer-centric solutions, leveraging digital innovation, and maintaining strong financial performance, Poonawalla Fincorp sets new benchmarks in the industry. With a continued focus on asset quality, digital enhancement, and exploring growth opportunities, the company is well-positioned for sustained success in the future.
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