Banking

Fiscal Responsibility and Public Finances (6th in the series)

What if the world ran on new classes of digital currency that are inflation resistant, create price stability, discourage bubbles and deflationary spirals? What if they could protect citizen’s savings without reducing liquidity when they save rather than spend? This blog series examines issues and possibilities in the changing banking and monetary systems. Rapid change could occur in the near future due to the ongoing digital transformation. What are the …

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Dead Accounts, Dead Money and Hoarding (5th in the series)

What if the world ran on new classes of digital currency that are inflation resistant, create price stability, discourage bubbles and deflationary spirals? What if they could protect citizen’s savings without reducing liquidity when they save rather than spend? This blog series examines issues and possibilities in the changing banking and monetary systems. Rapid change could occur in the near future due to the ongoing digital transformation. What are the …

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Chasing the Highest Return (4th in the series)

What if the world ran on new classes of digital currency that are inflation resistant, create price stability, discourage bubbles and deflationary spirals? What if they could protect citizen’s savings without reducing liquidity when they save rather than spend? This blog series examines issues and possibilities in the changing banking and monetary systems. Rapid change could occur in the near future due to the ongoing digital transformation. What are the …

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Inflation Resistant Currency (3rd in the series)

What if the world ran on new classes of digital currency that are inflation resistant, create price stability, discourage bubbles and deflationary spirals? What if they could protect citizen’s savings without reducing liquidity when they save rather than spend? This blog series examines issues and possibilities in the changing banking and monetary systems. Rapid change could occur in the near future due to the ongoing digital transformation. What are the …

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Money That Pays You Interest (2nd in the series)

What if the world ran on new classes of digital currency that are inflation resistant, create price stability, discourage bubbles and deflationary spirals? What if they could protect citizen’s savings without reducing liquidity when they save rather than spend? This blog series examines issues and possibilities in the changing banking and monetary systems. Rapid change could occur in the near future due to the ongoing digital transformation. What are the …

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The Future of Money is the Future (1st in the series)

What if the world ran on new classes of digital currency that are inflation resistant, create price stability, discourage bubbles and deflationary spirals? What if they could protect citizen’s savings without reducing liquidity when they save rather than spend? This blog series examines issues and possibilities in the changing banking and monetary systems. Rapid change could occur in the near future due to the ongoing digital transformation. What are the …

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Industry Leaders Answer Blockchain Critics At SAP Financial Services Innovation Summit

As blockchain emerges, financial institutions are coming to grips with fundamental changes in how they do business. I heard the story first-hand from experts during a recent panel discussion at the SAP Financial Services Innovation Summit held at the SAP Leonardo Center in New York, which was moderated by Spiros Margaris, VC and Founder of Margaris Advisory. L to R: Spiros Margaris, VC and Founder of Margaris Advisory; Dan O’Prey, …

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How Customer Behavior and Technology Will Change the Future of Financial Services

The advent of the Internet, the sharing economy, and the vast expansion of technology in the first part of the twenty-first century have brought disruption to a huge number of industries. From entertainment to publishing to travel, the world is becoming increasingly decentralized and increasingly more technology-involved. Financial services will not be exempt from these changes; in fact, the disruption of financial services are just getting started. These five factors …

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Standardization and Transparency Key to IFRS 9 Success

In 2014, the International Accounting Standards Board (IASB) issued its IFRS 9 Financial Instruments standards to replace IAS 39 and create a single approach to measuring and classifying a bank’s financial instruments. Banks and financial institutions were given four years to modify their systems and comply with these new standards – and that deadline is quickly looming. Come January 1, 2018, all must be compliant. Needless to say, our banking …

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Banking Services 9.0: New Applications Streamline Back Office Processes

Can you remember a time when getting the latest feature or functionality required buying a whole software package or updating all of your hardware? It wasn’t too long ago. But today, thanks to the rise of cloud computing, SaaS and push updates, enhancements to software or IT architectures can be done virtually as soon as an update is ready. As the pace of innovation continues to increase in the banking …

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