Financial services are the backbone of the economy and data is central to its operations. In this white paper industry experts from Amazon Web Services and Tableau describe why and how financial services institutions are adopting modern cloud analytics to: Meet compliance objectives, Process data efficiently, Improve customer experience; Increase productivity, and Create new revenue
The coronavirus pandemic is one of the most challenging crises the world has faced, significantly impacting public health, the economy and businesses at large. The pandemic has also brought to light the finance industry’s understanding that climate change may upend the financial system. This underscores the urgency for the industry to facilitate the transition to
The COVID-19 pandemic resulted in unprecedented supply-and-demand shocks, not only increasing the uncertainty of the economic outlook, but also affecting the financial and operational capacity of manufacturing and supply systems. From lower cash reserves and higher administrative costs to capital disruption and lack of traditional sources of financing, in addition to a confluence of economic,
The issue of how to effectively tax companies and activities in a digital economy has gained prominence. Global dialogue on corporate income tax reforms is underway through the Organisation for Economic Cooperation and Development (OECD)/G20 Inclusive Framework, various jurisdictions are considering and applying digital services taxes (DSTs), and value-added tax/goods and services tax (VAT/GST) are
Meanwhile, firms must also regularly monitor and ensure compliance with regulations impacting their activities. Customer operations activities have a key impact on financial firms’ ability to accomplish these goals. Read More
In today’s climate, financial recovery is of the utmost importance. The age-old saying, “time is money,” is especially accurate when referring to physicians’ time. This paper will discuss the value of physicians’ time— and how their time can best be utilized to achieve desired financial outcomes. Read More
The concept of payments data monetisation using payments data to improve either the efficiency of operations, to launch, or to enhance client-facing services is not a new concept. However, there has been an explosion of interest in recent months as a combination of margin pressure and growing customer expectations, alongside ISO 20022 migration and the
Interested in learning how to enhance your customer experience? This whitepaper demonstrates how embracing new and innovative techniques such as Prove Pre-fill, can enable companies to delight customers and increase revenue. Read More
For retail banks entering a post COVID-19 world, the only way is cloud. Today, the world’s most disruptive banks are in the cloud. For newcomer banks, cloud has been the only option for some time – and the same is increasingly true for established banks as well. Why? Because cloud is not only disruptive in
People the world-over look to technology to help make their lives easier to remove barriers, to decrease their workload and to anticipate their every need. Modern banking solutions are not exempt from this new global standard. Read More
The authors of this paper – the economists working in the field of financial stability, Mihai Voicu and Irina Mihai – invite the readers, especially central bankers, to set their minds from passive-routine behaviour to pro-active, profound, responsible innovator behaviour. Read More
Massive change has been underway for some time across the industry. Fintechs disrupted tradition, introducing consumers to new ways to get the services they need. Read More
