Banking in Brief
We follow bloggers who provide alternative, meaningful, serious and sometimes irreverent insights into the industry
Our archives on IBM
Analytics show Cyber Monday sales up 27%
Date: Nov 27, 2012Thanks to analytics predictions, retailers rolled out online sales and promotions earlier this year resulting in $1.5b in sales, a large boost over last year’s.
Author: Timothy Shim
Categories: Data & Analytics, Data Management, Innovation, Technology & Operations
Keywords: Cyber Monday, IBM, Cloud Computing, Digital Analytics
Lack of solid implementation guidelines hampers effective compliance with data protection regulations in Asia
Date: Nov 14, 2012Proceedings report from The Asian Banker teleconsultation session, "Meeting the data protection challenge" held on 8th November 2012, on the impact of consumer data protection regulations on financial institutions in Asia.
Author: Levina Lim
Categories: Data & Analytics, Data Management, Technology & Operations
Keywords: PDPA, CRM, IBM, Direct Marketing
Africa’s rapid growth offers banks opportunities in both transaction and retail banking
Date: Nov 06, 2012Emergence of “megacities” across Africa and rapid growth within the continent expected to bring about myriad of opportunities for banks in trade finance and mobile banking.
Author: Baron Laudermilk
Categories: China, Core Banking, Industry Outlook, Mobile Banking, Retail Banking, Rmb, Technology & Operations, Trade Finance, Transaction Banking
Keywords: Standard Bank, Simon Freemantle, Rajesh Mehta, Citibank, JPMorgan, Barclays, Wizzit Bank, Bank of Athens, Misys, IBM
Risk sharing pays dividends for RCBC’s new core banking system implementation programme
Date: Nov 01, 2012Dennis Bancod, CIO of RCBC discusses how his experience with two previous core banking system implementations influenced his most recent approach at RCBC.
Author: Carol Wheatcroft
Categories: Core Banking, Philippines, Technology & Operations
Keywords: RCBC, Dennis Bancod, Lorenzo Tan, Infosys, IBM, Oracle, Fiserv, Fidelity, Callatay & Wouters, Linux, Business Analytics
Kookmin Bank targets work process innovation through smart branch concept
Date: Oct 24, 2012With the introduction of its smart branch, Kookmin Bank enables staff to spend 70% of their time on sales and advisory services.
Categories: Branch Banking, Channels, Customer Centricity, Innovation, Retail Banking, South Korea, Technology & Operations
Keywords: Kookmin Bank, Kang Jin Seop, Branch Innovation, Customer Engagement, Smart Branch, Self-Service Operations, J2EE, IBM
More stringent regulations require Taiwanese banks to better manage customer data
Date: Oct 15, 2012Wan-Li Hsieh, CIO of E.Sun Bank discusses the consequences of Taiwan’s Personal Data Protection Act as well as the bank’s data consolidation strategy.
Author: Baron Laudermilk
Categories: Data & Analytics, Data Management, Operational Risk & Security, Regulation, Taiwan, Technology & Operations
Keywords: E.Sun Bank, Wan-Li Hsieh, Personal Data Protection Act, CRM, Unica, IBM, Datamart, Netezza, MPP, Predictive Analytics
DataWorld 2012: Towards greater bank cost-efficiency and process optimisation
Date: Oct 10, 2012The Asian Banker’s DataWorld 2012 will address utilisation of social and predictive analytics as well as the impact of regulations on data and analytics, amongst various important issues.
Author: Levina Lim
Categories: Data & Analytics, Data Management, FSI Customer Relationship Management , Risk & Performance
Keywords: The Asian Banker, DataWorld 2012, Tony Chew, Philip Winckle, Oliver Chen, Eric Sandosham, Citibank, PECDC, Big Data, Basel III, Solvency II, IBM
Should banks engage in real-time marketing?
Date: Sep 12, 2012The proceedings of the teleconsultation session held with leading data & analytics practitioners on the practical issues, opportunities and challenges of engaging in real-time marketing.
Author: Tiah Wen Li
Categories: Data & Analytics, FSI Customer Relationship Management , Risk & Performance
Keywords: Real-time Marketing, OCBC, Donald MacDonald, Vinod Krishna, IBM, Cross-selling
Industry players must reach consensus on SOA definition
Date: Aug 29, 2012John Schlesinger, chief architect at Temenos, feels that the term ‘SOA’ is being bandied around far too much in banking, tarnishing the image of the pioneering architecture when projects go wrong.
Author: John Schlesinger
Categories: Innovation, Technology & Operations
Keywords: SOA, Temenos, John Schlesinger, Application Development, Banking Architecture, Integration, Interaction, IBM, Oracle, Microsoft, Banque Libano-Francaise, SaaS