Fintechs creating niche products for corporate banking Corporate Banking

Manish Kothari, senior executive vice president & business head - Corporate Banking at Kotak Mahindra Bank speaks about trends in business, technology and fintech partnerships:

CX: The Final Frontier

Institutions today, especially banks and financial services institutions, are engrossed in creating strategies to enhance customer experience. Banking Frontiers carried out a 3 part-study on this topic and sought to understand (i) top CX initiatives, (ii) CX initiatives for complaints and (iii) technologies that institutions use for improving customer experience. The findings are narrated in 3 different articles:

BNP Paribas: Reducing paper, reducing pain

Rupa Balsekar, MD & head, Transaction Banking, BNP Paribas India, discusses booming sectors, API banking, fintech roadshows and e-invoice reconciliation:

A Culture for Microservices & A Strategy for Chatbots

A Culture for Microservices & A Strategy for Chatbots

A Culture for Microservices & A Strategy for Chatbots

Gartner organized its Application Architecture, Development & Integration Summit in Mumbai recently. Highlights of 2 key sessions at the Summit:

Hong Kong - Too Difficult To Own A Home

Mortgage schemes in Hong Kong are not very helpful for new home buyers:

PRESENTATIONS: FAULT LINES REVEALED

In today’s information overloaded environment, face-to-face selling is giving way to power packed presentations. But there are several fault lines that impede progress, finds this study by Banking Frontiers:

Phygital is the strategy for Mahindra Finance

Mahindra & Mahindra Financial Services has been an early adopter of technology. Today, it uses blockchain, AI and ML and at the same time physical branches to serve its predominantly rural customers in a more efficient manner resulting in total customer delight:

Machine and the manager - changing leadership equation

CEOs are maturing to become ‘chief experimentation officers’, argues a report by McKinsey and Co:

Canada is in consultation stage - open banking

Canada, though has a well-developed digital banking system is yet to formalize an open banking eco system:

BOOSTING TRUST - Beyond the Basics

Banking Frontiers organized a conference on cybersecurity and risk management strategies in Mumbai in association with Expleo Solutions Limited. Highlights of the discussions at the conference:

Kinara Capital - offering last mile financial inclusion

Kinara Capital offers funding without any collateral security, effectively making use of its proprietary risk assessment processes:

Customer Centric Culture @ Shriram Life

Shriram Life Insurance Co has plans to deepen its penetration and have its sales managers, enabled with technology support, at block level pan India:

BLOCKCHAIN - Reinventing Banking

Indian banks are readying to adopt blockchain, which in its matured format, is expected to change the face of banking:

CIOs should focus to align innovative tech services with Business Strategy

Arti Dhole, CIO at Cosmos Bank, explains the emerging IT needs and scenario for cooperative banks and suggests ways and means for CIOs to navigate the organizations successfully in the future:

Experience Next - towards next level of Cooperative Banking

The brick and mortar model system in our banking would remain for years to come because we have a population which is rural and which is dependent on the agriculture sector, feels Pramod Karnad, former MD, Maharashtra State Cooperative Bank.

Digital Transformation is a journey for Banks

Frontiers in Cooperative Banking Awards (FCBA) is a flagship event organized by Banking Frontiers where achievements and contributions of cooperative banks in the country are recognized and rewarded. Alongside the event is the National Cooperative Banking Summit (NCBS), where experts in the cooperative banking sector review and discuss the state of cooperative banking in the country. FCBA 2019 and NCBS 2019 were held in Goa and leading cooperative bankers participated in the deliberations on topics like business, strategy, technology, risk, customer experience, HR, etc. Here are the highlights of the discussions:

Fintechs power Digital Transformation in banking sector

In the cooperative banking ecosystem, District Central Cooperative Banks, or DCCBs, should be focusing on the unbanked areas and on increasing banking penetration, said Pranav Pandya, AGM - IT, Surat District Central Cooperative Bank.

Make performance of PACS the topmost criterion for DCCBs & SCBs

Hanumanthagowda Krishnegowda Patil - popularly called H.K. Patil - is an acknowledged leader of the cooperative banking movement in India. The apex cooperative banking organization, NAFCUB, has for the first time created a position, ‘Chairman Emeritus’, specifically for him in recognition of his contributions to the cooperative banking sector. He is also a former minister and an MLA from Karnataka. Patil responds to a series of questions from Banking Frontiers:

A Business Roadmap for Cooperative Banks in the Economic & Regulatory Scenario

As India strides to ensure a robust banking system as evident with the consolidation of various state-run banks, there is also a need for regulatory course correction.

Open Banking Yet To Take Off Fully In China

While China has achieved high levels of digitization of its banking sector, open banking is still in its infancy:

Goa Leans On Banks For Growth And Development

Banks in Goa have been performing well, reaching out to the masses and offering timely assistance:

France, Known For Simple Mortgage Loans

France has simple mortgage loans, lower interest rates and easier terms of repayment:

NPAs Not To Escalate Further, Private Banks Likely To Lead Going Ahead

Siddharth Purohit, research analyst, Institutional Equities, SMC Global Securities, and Ravikant Bhat, research analyst, IndiaNivesh Securities, discuss the post-PSU banks merger scenario in terms of credit growth prospects of banks:

Fingrowth Bank Sets Ambitious Business Growth Plans

Ashok Kumar Shah, MD, Fingrowth Cooperative Bank, explains how the multi- state bank has been achieving growth over the years and how it proposes to continue:

ESAF Launches ‘EIDA' For Its CASA Customers

K Paul Thomas, MD and CEO, ESAF Small Finance Bank, shares details about CASA growth and expansion plans:

A Dawn Of Hope For MSMEs

The Story of Indian MSMEs: Despair to Dawn of Hope is an impassionate account of the journey of the Micro, Small and Medium Enterprises (MSME) sector in India, narrated by a distinguished banker and economist, who has special interest in the sector.

AI's Role In HR Just Short Of Decision-Making

AI is gaining an all-pervading role. HR functions are increasingly carried out using AI and the whole concept is getting perfected:

Singapore Way Ahead in Blockchain Usage

Singapore has seen unprecedented growth of blockchain use, thanks to its government and regulators:

GTA Aims For 100 Good Startups In Goa Over 4 Years

Goa Technology Association has ambitious plans and a concomitant roadmap: Goa richer by Billions of ₹ through Vibrant event