Branching Out: Can Banks Move From City Centers to Digital Ecosystems?
Kanika Hope, Chief Strategy Officer, Temenos, speaks to FinextraTV about the latest report from Temenos and The Economist Intelligence Unit, ‘Branching Out: Can Banks Move From City Centers to Digital Ecosystems?’. Kanika shares findings about the potential end of the current branch-based banking model in light of the pandemic, how new technologies are reconfirmed as the most impactful driver of c…
Reimagining the Digital Bank Branch of the Future
Bain Partner Pablo Sansuste discusses how leading banks can take three steps to accelerate the digital migration.
The Digital Ecosystem
A piece created for the Department of Commerce Digital Economy branch exploring a novel approach for organisations to use when considering their digital solutions.
Creating Digital Ecosystems | Llewellyn Thomas | TEDxBedfordSchool
We all participate in ecosystems every day, however we give little thought to how they are created. For entrepreneurs, building the ecosystem of supplier and users around their business is vital to their success. We discuss research that compares the emergence processes of six digital ecosystems, and shares the insights that emerged.
Dr Llewellyn Thomas researches ecosystems and strategies for building market momentum at Imperial College Business School. Before joining Imperial College, he was a management consultant specialising in competitive and operational strategy, both for his own consultancy, and as information strategy lead at the consultants BearingPoint UK. Before venturing into management consultancy he was Product Strategy Director EMEA at Hummingbird, a Canadian multinational software company, and Solutions Director at Valid Information Systems, an information management software company based in London, UK.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
The Growth Levers of the Digital Ecosystem: Banks, FinTech’s and Social Payments.
Real-time payments (also referred to as immediate payments and instant payments) are gaining ground, driven by consumer demand for speed and convenience. The global Real-Time Payments market size is projected to grow at a CAGR of 16.6% during 2021-2026 and more than half a trillion real-time payments transactions will be processed over the next five years. Faster Payments Service in the UK, UPI in India, NPP in Australia, and TCH-RTP in the U.S. are live examples of Real Time Payments globally and some of these regions have witnessed a meteoric growth. In the last six months, financial institutions have turned to digital technology to deliver the value of Real-Time Payments.
With this rapid increase in adoption of Real Time Payments, there is greater focus for participants in the financial ecosystem to continue to deliver value via digital solutions. And, in order to achieve this, collaboration amongst the various constituents is essential.
Mindgate has been working with clients globally to keep pace and grow in the Real Time Payments segment. Our panel attempts to bring all the relevant players together to share their thoughts on this topic of relevance.
Reed Luhtanen – Executive Director – US Faster Payments Council
Mitesh Agarwal – Customer Engineering Director, Google Cloud
Sanjay Desai – Executive Vice President – IT – HDFC Bank
Sony A. – Head – Digital Banking, South Indian Bank
Moderator: John Burgos – Vice President Business Development – US & Canada