Things recently read, seen and heard at Qorus - 29 November 2024 edition
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Exclusive content
Innovation in retail banking: Shaping banking’s next
80% of banking executives believe embedded banking will drive over half of transactions by 2030! Download your free copy of the brand new Innovation in Retail Banking report made with our partner Infosys Finacle and ?? Jim Marous : https://www.qorusglobal.com/content/29098-innovation-in-retail-banking-shaping-bankings-next
Qorus Innovation Spotlight: November 2024 edition
Discover the 5 innovations that wow us this month featuring Commonwealth Bank , Arab Bank , 恒生银行 , La Banque Postale , and Revolut : https://www.qorusglobal.com/content/29111-qorus-innovation-spotlight-november-2024-edition
Decentralized finance (DeFi): Innovative use-cases and real-world applications
Fatih Ogun , Head of Strategy at Akbank , explores the burgeoning potential of decentralized finance, diving into its most compelling use-cases and illustrating how these innovations could be applied in the real world: https://www.qorusglobal.com/content/29073-decentralized-finance-defi-innovative-use-cases-and-real-world-applications
The changemakers: Bank of Africa strives to grow prosperity and sustainability
Morocco's Bank Of Africa , previously BMCE Bank, is playing a key role in the country’s efforts to alleviate poverty, stimulate economic growth and advance sustainability. Mamoun Tahri-Joutei, head of business intelligence and sustainability at Bank of Africa, outlines the organization’s strategies for addressing these challenges: https://www.qorusglobal.com/content/29097-the-changemakers-bank-of-africa-strives-to-grow-prosperity-and-sustainability
Awards submissions of the Week
Cloud Calling: The Future of Personalised Customer Experience by ICICI Lombard
ICICI Lombard General Insurance Company Limited introduced "Cloud Calling," a groundbreaking technology that redefined customer engagement.: https://www.qorusglobal.com/innovations/29110-cloud-calling-the-future-of-personalised-customer-experience
CORA AI by AInsure
AInsure-cora 's revolutionizes the insurance process by automating every step, eliminating the need for agents, underwriters, and customer service representatives. It delivers faster, more cost-effective, and highly accurate results compared to human-centric competitors: https://www.qorusglobal.com/innovations/29108-ainsure
Videos
How MCB empowers SMEs with mobile-first solutions
Shavin Kissoondharry , Strategy and Product Delivery at MCB Group , presents the bank's mobile-first dedicated channels for SMEs, with a particular focus on microbusinesses. Watch the video: https://www.qorusglobal.com/content/29102-how-mcb-empowers-smes-with-mobile-first-solutions
Empowering SMEs: Insights on payment ecosystems and opportunities for banks
Christian Loew , Partner, Financial Services - Payments at 安永 , shares his insights on the SME payment acceptance ecosystem: https://www.qorusglobal.com/content/29103-empowering-smes-insights-on-payment-ecosystems-and-opportunities-for-banks
Curated Industry News
Igloo launches direct-to-consumer platform in Indonesia
Regional insurtech leader Igloo has unveiled its direct-to-consumer (D2C) platform, in Indonesia, marking a significant expansion in its insurance ecosystem: https://www.qorusglobal.com/content/29100-igloo-launches-direct-to-consumer-platform-in-indonesia
Canara HSBC Life Insurance unveils OmniGen AI for enhanced risk evaluation
Canara HSBC Life Insurance has launched OmniGen AI, a groundbreaking Generative AI-driven solution powered by Amazon Web Services’ (AWS) Bedrock platform. This innovative tool redefines underwriting by assisting underwriters with precise and data-driven risk evaluations. By integrating underwriting guidelines, risk profiles, and model outputs, OmniGen AI ensures swift and accurate decisions while providing clear rationale and references to underwriting manuals: https://www.qorusglobal.com/content/29101-canara-hsbc-life-insurance-unveils-omnigen-ai-for-enhanced-risk-evaluation
Zurich unveils Climate Spotlight to help organizations tackle climate risks
Zurich Resilience Solutions , the advisory arm of 苏黎世保险 Group, has introduced Climate Spotlight, an innovative digital tool designed to help businesses, municipalities, and public entities better understand and manage climate risks. This interactive platform uses advanced climate data to anticipate potential challenges and enable organizations to build long-term resilience: https://www.qorusglobal.com/content/29120-zurich-unveils-climate-spotlight-to-help-organizations-tackle-climate-risks
ANZ partners with DataCo to deliver advanced customer insights
澳新银行 has announced a strategic partnership with DataCo Labs , marking a significant step in its innovation journey. DataCo, the first commercial venture launched through ANZ’s external innovation partner 1835i, leverages a venture studio model to drive value for ANZ, its customers, and partners: https://www.qorusglobal.com/content/29114-anz-partners-with-dataco-to-deliver-advanced-customer-insights
Lloyds Bank launches benefit calculator to help customers claim unclaimed support
Eight million households in the UK miss out on an estimated ￡23 billion in unclaimed benefits annually, including Child Benefit, Universal Credit, and Pension Credit. To address this gap, Lloyds Bank has introduced the Benefit Calculator, a new feature in its mobile app that simplifies the process of identifying and claiming eligible benefits: https://www.qorusglobal.com/content/29117-lloyds-bank-launches-benefit-calculator-to-help-customers-claim-unclaimed-support
NatWest launches ‘Scamvent’ calendar to tackle holiday purchase scams
With the holiday shopping season in full swing, NatWest is raising awareness about the rising threat of purchase scams. The bank has introduced a creative "Scamvent" calendar, designed to educate British shoppers on the 12 most common types of scams targeting festive purchases: https://www.qorusglobal.com/content/29113-natwest-launches-scamvent-calendar-to-tackle-holiday-purchase-scams
Bank Islam unveils advanced digital banking platforms
Bank Islam Malaysia Berhad has launched its next-generation digital banking platforms, BIMB Mobile (BIMB Mobile app) and BIMB Web (web.bimb.com), setting a new benchmark in digital banking for over four million customers across the country. This significant leap reflects the bank’s commitment to enhancing user experience, navigation, and security: https://www.qorusglobal.com/content/29094-bank-islam-unveils-advanced-digital-banking-platforms
TBC Bank Uzbekistan secures $10 million loan to empower women entrepreneurs
TBC UZ , the nation’s largest mobile-only bank, has secured a $10 million loan from the European Bank for Reconstruction and Development (EBRD). This funding, with 40% earmarked for lending to women, underscores the bank’s commitment to enhancing financial inclusion in Uzbekistan, Central Asia’s most populous country: https://www.qorusglobal.com/content/29096-tbc-bank-uzbekistan-secures-10-million-loan-to-empower-women-entrepreneurs
Vida Homeloans transitions to Vida Bank after securing banking license
Vida Homeloans , a leading specialist mortgage lender in the UK, has reached a significant milestone by obtaining authorization from the Prudential Regulation Authority (PRA) and the Financial Conduct Authority to become a fully licensed bank. With this achievement, the company will rebrand as Vida Bank , ushering in a new era of growth and expanded offerings: https://www.qorusglobal.com/content/29112-vida-homeloans-transitions-to-vida-bank-after-securing-banking-license
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