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The future of banking: Preparing for a digital world

NCR

EY figures showed FIs paid $270 billion in conduct costs and conduct-related provisions between 2009 and 2013. Key factors in the pursuit of digital transformation include: Management buy-in. Let’s examine some of these in more detail. Regulatory environment: Banks often face an onerous regulatory burden.

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Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

Any business, new or old, that hasn’t used the last 12 weeks to rethink its business focus, business model and digital strategy likely won’t make it in the long term — but not because an overnight sensation will emerge in the next few months to eat its lunch. These innovations would usher in digital’s 2.0 Digital’s 2.0

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32 Corporate Innovation Labs In Retail

CB Insights

Key People: Anthony Gregorio, Innovation Lab Senior Manager; Prat Vemana, VP Online; Albert Vita, Director of Strategy Insights. The focus here is on using data and analytics to create “intelligent retail software” that will help optimize inventory and revenue management. Founded: 2009 (Vancouver), 2016 (NYC).

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37 Corporate Innovation Labs In Finance

CB Insights

Key people: Annie Ye, Head of DAX, Senior Vice President, DBS Innovation Group; Neal Cross, Managing Director & Chief Innovation Officer. DAX has also worked with the DBS Innovation Group (DiG) on Hack2hire, a hackathon that allows participants to code their way into a career at DBS, and the UNI.CORN management internship program.