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compensation strategy

Wednesday, February 17th 2021

This week in
Consulting

Brexit, Digital disruption, Covid 19: what’s next for the Financial Industry?

This week’s must read

 

 

The covid-19 pandemic has revealed that customer needs rapidly change. Turning to digital transformation by leveraging the right tools at the right time should benefit customers and financial institutions alike by widening access to services and lowering costs. Is this the solution for tomorrow?

This Week’s Must Read is an insight piece from MIT Technology Review about big tech initiatives in financial institutions.

  @MIT Technology Review

Thought Leadership

The pandemic changed the shape of the financial services sector and there will be no going back. How can Financial institutions leverage AI to adjust their digital transformation strategy moving forward?

Monica Hovsepian and Chirag Patel@OpenText

The Covid-19 pandemic will leave deep scars in the euro area and on the health of banking systems. This article provides a comparative assessment of the various policy responses to strengthen banks during the crisis period.

Arnoud Boot, Elena Carletti, Hans‐Helmut Kotz, Jan Pieter Krahnen, Loriana Pelizzon, Marti Subrahmanyam for VOXeu

Banks and insurance companies are now pushed to embrace digital transformation to serve their clients better. Still, it does not come without challenges: changing customer behaviors, cybersecurity issues & rising competition, among others. How do they adapt to this changing environment?

@stardust

The changes in consumer habits due to Covid have led to a shift from credit card benefits to necessity benefits. Kognitiv explores how credit card loyalty programs, and more broadly, financial institutions respond to this societal shift.

@Kognitiv

This week’s Consulting News

| Ian Allison@CoinDesk

| @environmentalleader

| @PR newswire

| @Consultancy.uk

 

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This week’s media

The FT’s head of Lex Jonathan Guthrie takes a high-speed tour of Mayfair, the City of London, and Canary Wharf to see how leaving the EU will affect the capital’s financial landmarks.

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