fintech sandbox
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Welcome to Fintech Sandpit, We are the best Fintech innovation platform for financial services innovation. We provide a wide range of Fintech prototyping environment, Fintech data workbench, fin-tech marketplace, Fintech sandbox service.
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Etude PwC sur les opérations de fusions et acquisitions dans le secteur banca...PwC France
http://pwc.to/ZVxv2H
L’étude « Brave new world : new frontiers in banking M&A » menée par PwC montre que le recul des fusions-acquisitions bancaires observé ces dernières années ne s'explique pas uniquement par un ralentissement conjoncturel, mais traduit un changement radical des comportements en raison notamment de la modification de l’environnement économique et réglementaire.
Comment les opérations de fusions et acquisitions dans le secteur bancaire évoluent-elles ? Quelles perspectives pour les années à venir, région par région ? Quelles questions les banques doivent-elles se poser ?
The Deloitte CFO Survey: 2015 Q4 A cautious start to 2016Deloitte UK
The quarterly CFO Survey is firmly established with media and policy makers as the authoritative barometer of UK corporates’ sentiment and strategies. It is the only survey of major corporate users of capital that gauges attitudes to valuations, risk and financing.
Nearly eight in ten executives in the global innovation sector plan to grow their workforce in 2014, and more than nine in 10 say it is a challenge to find the talent they need to do so, according to Silicon Valley Bank's 2014 Innovation Economy Outlook study. These findings are based on Silicon Valley Bank's annual survey of more than 1,200 executives from software, hardware, cleantech and healthcare companiesin startup and growth stages of business in the US, UK and other global innovation hubs. In addition to the high rate of anticipated job creation, the study also reveals pervasive optimism, intent to access international markets for sales, and the ever-present challenge to obtain equity capital by some of the most innovative, high-growth companies in the world.
The Malaysian economy is stable despite domestic and external challenges. The authorities are making progress on their reform agenda including governance reforms and measures to improve the transparency and management of public finances. Policies should focus on medium-term fiscal consolidation, while safeguarding growth and financial stability. Structural reforms are needed to enshrine in law main governance measures, and to boost productivity to achieve high income status and inclusive growth.
This document draws together our views, observations and analysis of the global trends in the insurance M&A market, including influencing factors and macroeconomic variables.
Our analysis covers five primary regions: Western Europe, North America, Asia, Latin America and the Middle East and North Africa. Each section includes a review and remark on deal activity and current trends, in addition to consideration
of future bearings.
Etude PwC sur les opérations de fusions et acquisitions dans le secteur banca...PwC France
http://pwc.to/ZVxv2H
L’étude « Brave new world : new frontiers in banking M&A » menée par PwC montre que le recul des fusions-acquisitions bancaires observé ces dernières années ne s'explique pas uniquement par un ralentissement conjoncturel, mais traduit un changement radical des comportements en raison notamment de la modification de l’environnement économique et réglementaire.
Comment les opérations de fusions et acquisitions dans le secteur bancaire évoluent-elles ? Quelles perspectives pour les années à venir, région par région ? Quelles questions les banques doivent-elles se poser ?
The Deloitte CFO Survey: 2015 Q4 A cautious start to 2016Deloitte UK
The quarterly CFO Survey is firmly established with media and policy makers as the authoritative barometer of UK corporates’ sentiment and strategies. It is the only survey of major corporate users of capital that gauges attitudes to valuations, risk and financing.
Nearly eight in ten executives in the global innovation sector plan to grow their workforce in 2014, and more than nine in 10 say it is a challenge to find the talent they need to do so, according to Silicon Valley Bank's 2014 Innovation Economy Outlook study. These findings are based on Silicon Valley Bank's annual survey of more than 1,200 executives from software, hardware, cleantech and healthcare companiesin startup and growth stages of business in the US, UK and other global innovation hubs. In addition to the high rate of anticipated job creation, the study also reveals pervasive optimism, intent to access international markets for sales, and the ever-present challenge to obtain equity capital by some of the most innovative, high-growth companies in the world.
The Malaysian economy is stable despite domestic and external challenges. The authorities are making progress on their reform agenda including governance reforms and measures to improve the transparency and management of public finances. Policies should focus on medium-term fiscal consolidation, while safeguarding growth and financial stability. Structural reforms are needed to enshrine in law main governance measures, and to boost productivity to achieve high income status and inclusive growth.
This document draws together our views, observations and analysis of the global trends in the insurance M&A market, including influencing factors and macroeconomic variables.
Our analysis covers five primary regions: Western Europe, North America, Asia, Latin America and the Middle East and North Africa. Each section includes a review and remark on deal activity and current trends, in addition to consideration
of future bearings.
Capital-Infraestructure-spending-outlook-2016PwC España
El Informe "Capital Project and Infraestructure Spending Outlook" de PwC estima que en 2016 la inversión mundial en infraestructuras aumente un 2%. A partir de 2017, se espera que este ritmo se acelere paulatinamente hasta alcanzar una inversión total, en 2020, de 28,3 billones de dólares.
Shippers Warehouse, Inc. is a provider of supply chain services (3rd party logistics or 3PL). The Company operates over 4.5 million square feet in 8 facilities in the Dallas/Ft. Worth area and 500,000 square feet in Atlanta, Georgia.
The Georgia facility packaging operations ships out over 3 billion bags per year. Shippers Warehouse is one of the largest co-packers in the Southeast. Shippers operate 9 packaging lines with a ready room that is a showcase for reducing any type of foreign matter. The facility handles a variety of food products, is a leader in recycling, & distribution of products.
Shippers Warehouse, Inc. also has the distinction of having all of its locations ISO 9001:2008 certified. (ISO 9001:2008 certified by Management Certification of North America, an ANAB-accredited certification body.)
Regards,
Bill Stankiewicz
Vice President & General Manager
Shippers Warehouse
Office: 678.364.3475
williams@shipperswarehouse.com
www.shipperswarehouse.com
Getting back to growth: Global powers of the consumer products industry 2011Alfred_angst
Global powers of the consumer products industry 2011
Getting back to growth
Global powers of CP 2010Global Powers of the consumer products industry, from Deloitte Touche Tohmatsu Limited (DTTL), identifies the 250 largest consumer products companies around the world for the past fiscal year. But the report is much more than a list - it also examines trends for companies to consider as they plan their growth strategies, provides a global economic outlook for retail, and discusses "Q" ratio - a way of drawing inferences about the future performance of retailers by examining current financial information.
Please download a copy of the report below to see the list and read about the themes that will characterize the next few years, such as the emerging middle class in developing markets, rising and volatile commodity costs, and the need for companies to place sustainability at the heart of their business strategy.
Mercer Capital's Bank Watch | October 2020 | Low Rates and Tighter NIMs Spur ...Mercer Capital
Brought to you by the Financial Institutions Team of Mercer Capital, this monthly newsletter is focused on bank activity in five U.S. regions. Bank Watch highlights various banking metrics, including public market indicators, M&A market indicators, and key indices of the top financial institutions, providing insight into financial institution valuation issues.
Economist Intelligence Unit (EIU) white paper produced at the height of the financial crisis in January 2009 outlining the opportunities to learn from the downturn and best practice to success in a changing environment.
The Deloitte M&A Index is a forward-looking indicator that forecasts future global M&A deal volumes and identifies the factors influencing conditions for dealmaking.
US Retail Banks have enjoyed several years of strong profitability and positive revenue growth. However, we see numerous headwinds to growth due to demographic, competitive, and consumer trends. While many of these trends will persist well into the future, 2019 will be a pivotal year. The attached white paper provides insights into the growth challenge and creative solutions for banks can act to accelerate their growth.
"...as long as the music is playing, you've got to get up and dance. We're still dancing." /Financial Times in July 2007: Charles Prince, Citigroup (former) chief executive/
Us Banking Industry PowerPoint Presentation Slides SlideTeam
Presenting this set of slides with name - US Banking Industry Powerpoint Presentation Slides. This aptly crafted editable PPT deck contains fourty slides. Our topic specific US Banking Industry Powerpoint Presentation Slides presentation deck helps devise the topic with a clear approach. We offer a wide range of custom made slides with all sorts of relevant charts and graphs, overviews, topics subtopics templates, and analysis templates. Speculate, discuss, design or demonstrate all the underlying aspects with zero difficulty. This deck also consists creative and professional looking slides of all sorts to achieve the target of a presentation effectively. You can present it individually or as a team working in any company organization.
Companies are increasingly focused on high-quality strategic transactions, with less time spent on investigating peripheral opportunities, according to our annual tracker of business leader M&A intentions.
Mercer Capital's Value Focus: FinTech Industry | First Half 2017Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
Capital-Infraestructure-spending-outlook-2016PwC España
El Informe "Capital Project and Infraestructure Spending Outlook" de PwC estima que en 2016 la inversión mundial en infraestructuras aumente un 2%. A partir de 2017, se espera que este ritmo se acelere paulatinamente hasta alcanzar una inversión total, en 2020, de 28,3 billones de dólares.
Shippers Warehouse, Inc. is a provider of supply chain services (3rd party logistics or 3PL). The Company operates over 4.5 million square feet in 8 facilities in the Dallas/Ft. Worth area and 500,000 square feet in Atlanta, Georgia.
The Georgia facility packaging operations ships out over 3 billion bags per year. Shippers Warehouse is one of the largest co-packers in the Southeast. Shippers operate 9 packaging lines with a ready room that is a showcase for reducing any type of foreign matter. The facility handles a variety of food products, is a leader in recycling, & distribution of products.
Shippers Warehouse, Inc. also has the distinction of having all of its locations ISO 9001:2008 certified. (ISO 9001:2008 certified by Management Certification of North America, an ANAB-accredited certification body.)
Regards,
Bill Stankiewicz
Vice President & General Manager
Shippers Warehouse
Office: 678.364.3475
williams@shipperswarehouse.com
www.shipperswarehouse.com
Getting back to growth: Global powers of the consumer products industry 2011Alfred_angst
Global powers of the consumer products industry 2011
Getting back to growth
Global powers of CP 2010Global Powers of the consumer products industry, from Deloitte Touche Tohmatsu Limited (DTTL), identifies the 250 largest consumer products companies around the world for the past fiscal year. But the report is much more than a list - it also examines trends for companies to consider as they plan their growth strategies, provides a global economic outlook for retail, and discusses "Q" ratio - a way of drawing inferences about the future performance of retailers by examining current financial information.
Please download a copy of the report below to see the list and read about the themes that will characterize the next few years, such as the emerging middle class in developing markets, rising and volatile commodity costs, and the need for companies to place sustainability at the heart of their business strategy.
Mercer Capital's Bank Watch | October 2020 | Low Rates and Tighter NIMs Spur ...Mercer Capital
Brought to you by the Financial Institutions Team of Mercer Capital, this monthly newsletter is focused on bank activity in five U.S. regions. Bank Watch highlights various banking metrics, including public market indicators, M&A market indicators, and key indices of the top financial institutions, providing insight into financial institution valuation issues.
Economist Intelligence Unit (EIU) white paper produced at the height of the financial crisis in January 2009 outlining the opportunities to learn from the downturn and best practice to success in a changing environment.
The Deloitte M&A Index is a forward-looking indicator that forecasts future global M&A deal volumes and identifies the factors influencing conditions for dealmaking.
US Retail Banks have enjoyed several years of strong profitability and positive revenue growth. However, we see numerous headwinds to growth due to demographic, competitive, and consumer trends. While many of these trends will persist well into the future, 2019 will be a pivotal year. The attached white paper provides insights into the growth challenge and creative solutions for banks can act to accelerate their growth.
"...as long as the music is playing, you've got to get up and dance. We're still dancing." /Financial Times in July 2007: Charles Prince, Citigroup (former) chief executive/
Us Banking Industry PowerPoint Presentation Slides SlideTeam
Presenting this set of slides with name - US Banking Industry Powerpoint Presentation Slides. This aptly crafted editable PPT deck contains fourty slides. Our topic specific US Banking Industry Powerpoint Presentation Slides presentation deck helps devise the topic with a clear approach. We offer a wide range of custom made slides with all sorts of relevant charts and graphs, overviews, topics subtopics templates, and analysis templates. Speculate, discuss, design or demonstrate all the underlying aspects with zero difficulty. This deck also consists creative and professional looking slides of all sorts to achieve the target of a presentation effectively. You can present it individually or as a team working in any company organization.
Companies are increasingly focused on high-quality strategic transactions, with less time spent on investigating peripheral opportunities, according to our annual tracker of business leader M&A intentions.
Mercer Capital's Value Focus: FinTech Industry | First Half 2017Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
Swim or Sink: Essential Insights for Staying Afloat in the Banking Market PlaceCatherine Lynch
Results of a survey sponsored by SAP conducted by Pierre Audoin Conseil with global banks to highlight what innovations they are adopting to stay competitive and stay afloat.
Canadian Banking Industry: Performance and PerspectivesCognizant
Canadian banks are well positioned for new growth, as long as they quickly and cost-effectively upgrade their legacy systems and apply risk mitigation strategies to expand into new geographies and offer ancillary products that will incrementally improve the top and bottom lines.
While security servicing providers have performed well in recent years, they face anemic core growth, shifting client expectations, rising pressure on fees, and the potential for disruption. The COVID-19 pandemic and associated recession will put further pressure on the industry. In response, they must be bold in their planning and approach to service delivery.
Asia's Digital Trade Landscape Heads into a New DecadeCognizant
As the region solidifies its global trade leadership, banks have an opportunity to serve new financial needs as long as they make needed technology and process changes.
Mercer Capital's Value Focus: FinTech Industry | First Quarter 2022Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. This newsletter focuses on FinTech segments, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity.
IE Essay to answer Question H. What do you believe are the greatest challenges facing the sector or industry you would like to specialize in at IE? What role do you hope to be able to play in this sector or industry in the medium term?
Fee and Commission Management in Global MarketsBroadridge
Look at key trends, challenges and solutions in fee and commission management. The challenge for any global financial institution is the sheer complexity and number of relationships and fees. The ongoing financial crisis has intensified the need for transparency and risk reduction. Explore the potential benefits of automation of commission and fees management and consider ways to quantify costs savings and other gains.
CEO Briefing Mexico looks at the direction of the Mexican economy in 2015 and beyond. We examine growth opportunities, technology changes and the business strategies needed to take advantage of them. This research draws on a global survey of C-suite executives, comparing and constrasting the views of Mexico-based executives with their C-suite peers around the world. The financial services and consumer products sectors are the subject of particular emphasis.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Pitch Deck Teardown: RAW Dating App's $3M Angel deck
fintech sandbox
1. financial services innovation
fintechdataworkbenchAs the economiccrisiscontinuestounfold,the financial service industryfaces
seriouschallenges.The crisisisrootedincontinuousimbalances,includinglongperiodsof low interest
rates,rapidlyrisingassetprices,andmassive creditandsavingsimbalances.The 2007 and 2008 Reports
fromthe WorldEconomicForumpredictedthese changesascontinuousrisktothe market.
Earlierdecadesof exceptional growthandcapitalismatitsbesthave now causedthe marketto adaptto
tightercredit,growinggovernmentintervention,slowingpace of globalization,andnoeconomic
growth.Withincreasingregulationsinthe UnitedStatesanddecreasingavailabilityof credit,the
industryfacesa significantriskof stuntedgrowth.The global recessionisalsoaffectingthe financial
sectorbecause of capital marketsand decreasedaggregate demand,accordingtoMax vonBismarck,
Directorand Headof InvestorIndustries.
Thisarticle will provide leaders,employeesandinvestorsinthe financial service industrywithfive
unique andtimelytrendstokeepinthe forefrontof theirgrowthstrategiesforthe nextfive years.
These five keytrendswillshape the postfinancialcrisisinaholisticandsystematicmanner.
fintechprototyping environment
GLOBAL BANKING.Accordingtothe WorldBank, althoughmanybankssuchas AmericanExpress,
CitibankandJPMorganChase conduct businessinmultiplecountries,theyare relativelyregional inthe
UnitedStates.Inorderto grow, the financial industrywill have toinfiltrateemergingmarkets.For
companiesthathave a more aggressive growthstrategy,the spreadtoemergingmarketssuchasAfrica
and Asiapresentsunparalleledopportunitiesforprofitandincreasedmarketshare.
IT PLATFORMSHARING.NetworkWorldconfirmsthatfinancial service firms'businessstrategiesmustbe
alteredforthe newdynamicsandintricaciesof today'smarket.Immediateaccesstoinformationand
integrationalongproductlinesandgeographyare amustfor future success.Withthe needtosupply
informationtoa global market,firmsmustdecrease cost.One costeffective initiative isthe use of
platformsharing;like cell phonecompaniesthatcollaborate withlocal companiesinordertodecrease
cost and increase access,financial firmscandothe same.
2. E-BANKING.A special reportfromThe Economistseesthatwith3.5 billionpeople withcell phonesand
an expected10-20%year overyeargrowth,personal andbusinessbankingtransactionsare conducted
throughcell phonesmore andmore.Thus,E-bankingcapabilityisquicklybecominganincreasing
requirementinordertocompete inthe marketplace.E-bankingcapabilitiesprovide companieswith
essential flexibilityanddifferentiationinthe marketthroughInternet-basedservice applications.
fintechinnovationplatform
MOBILE MONEY. The increase of mobile phone usage inemergingmarketsmakesmobile moneyasafe,
lowcost initiative forthe financial sector.It isan easierwayto transfermoneytofamilyandfriends,
moneyissent,andpaymentsandwithdrawalscanbe made withoutevergoingtoa physical bankor
paymentcenter.M-Pesa,anearlydeveloperof mobile money,concludedthatmobilemoney"has
enormous social andeconomicbenefits."
SELF-SERVICE.Self-service andthe customershouldbe aprimaryfocusforfirmsinthisnew financial
service world,accordingtoIBM. AppViewXSisaself-service portal firmscanpurchase,socustomerscan
checkthe status of theiraccountand gaininstantaccessto available services.Customerquestionsand
concernsare addressedmore quickly,statesanIBMrepresentative.Thistechnologyautomatesmany
processes;the resultisthatstaff workloadisreducedwhilerepresentativesoperatefasterandmore
efficiently.
Financial service firmsneedtohave sustainable,steadyexpansioninthe emergingmarketsinorderto
grow inthe future.Deloitte andTouche Researchreportsthatfinancial service firmshave notpositioned
themselvestocapitalizeonmore geographicallydispersedopportunities.More than93 percentof the
executivesinterviewedforthisreportacknowledgedthattheirfirms"are notoperatingina globally
integratedfashion."
The same reportstatesthat financial firmsneedtoinvestawayfromveteranormature marketsand
towardemergingmarketsbecause "by2025, veteranmarketswill be rivaledbyothermarketswith
fastergrowingeconomiesandincreasinglysophisticatedfinancialproductappetites."USA based firms
can looktowardJapanese andAfricanmarketsforexpansionopportunities.KennedyConsultinganalysts
believethatthe marketwill reboundfromthe global financialcrisisin2011, but there will notbe any
returnto the robust levelspriorto2007 until muchlaterin the decade;hopefully,the five keytrendsin
thisreportwill helpthe leaders,employeesandinvestorsinthe financial service industrytolooktoward
a robust soundfuture.
In additiontogrowthstrategies,inthe 2002 Journal of BusinessandIndustrial Marketing,Hensonand
Wilsondiscussthe extremechangesthathave occurredinthe financial service industryandhow many
firmsare tryingtodevelopandexecute successfulstrategiesbasedoninnovativetechnologyand
customers.Aside fromthe regularupsanddownsof the financial world,technologyandinnovationwill
alwaysprevail asthe win-winforthe financial service industry.Because onlinebankinghasbecome the
norm formost customers,technologywillbe veryimportantinthese firms'strategies.
3. Withthe customerat the centerof most trendsinfinancial servicefirms,creatingnew valuesfortheir
currentand potential clientsbeyondcurrentexpectationswillbe atop priority.The needfor
conveniencemixedwithtechnology makesmobile moneyagreatinitiative inthe emergingaswell as
the developedmarkets.Manyfirmshave speedpay,the abilitytopaywithoutswipingthe card,as part
of theircreditcard services.Anembeddedchipinthe creditcard enablespaymentsto be made by
puttingthe card close to the paymentprocessor.Mobile moneywill be anexpansionof paymentand
moneytransferswithoutthe needforacard, the needtogo to a physical bank,or to use Internet
banking.Payments,transfers,depositsandwithdrawalscanbe made witha cell phone.
The World Bankconcurs that innovative technologyandanincrease ine-businessstrategieswillleadto
much lowercostsandgreatercompetitioninfinancialservices.Internetandrelatedtechnologies,the
WorldBank affirms,are more than justnew deliverychannels;theyare aninexpensive,different,and
veryeffectivewaytoprovide the same services.Since financial service firmsmustgrow organically,
buildcustomerloyalty,andaccommodate the customers'expandingneedsforservicesand
convenience,partnershipswithnewtechnologybusinesseswill allowthemtolowertheirexpensesand
be competitive.
EstablishedfirmssuchasAmex,Citibank,andotherscanpartnerwithgroupssuch as the wiredtech
savvyGoogle Alumni whoare notaverse torisk andwho ownfledglingtechnologybusinessesthatare
reshapingthe industrywithanewwave of innovativeproducts,write SpencerAnte andKimberlyWeisul
of BusinessWeek.Mobile MoneyVenturesisone suchfledglingcompanythatisa provideronthe
forefrontof alternativefinancial service products.Smallcompaniessuchasthese are able to provide
well-knownfinancialfirmsthe wherewithaltoopeninemergingmarketswhere there isaneedfor
cooperationwithotherfirmsinordertoattainthenobtainthe local customerbase.
Today's competitionisfuelednotjustbyprofitable customers,butalsobythe firmsthatare the most
efficientandcosteffective.Procedural andcultural clashwill resultfromexpandingintounknown
marketsas seenbythe historyof CitibankinAsiaMinor.But inthe longrun,tighterregulations,new
technologyandimprovedbusinessprocesseswill cause expandinginemergingmarketsnotonlyto
change the demographicsof the clients(bothgeographicallyandcore clients),butalsotobetterthe
global economyandthe future of the financial servicesindustry.Keepingthe previoustrendsatthe
forefrontof managers'strategicplans,financialfirmswill reboundbiggerandbetterthanever.