Things recently read, seen, and heard at Qorus - Edition #22

Discover the articles, interviews and studies of this week.

Qorus exclusive content

Discover the nominees for the 2022 Qorus-Capgemini NewTech Challenge in Payments

The Qorus Open Finance community is a unique platform and the only community where we find ways to connect bankers and insurers with fintech players. This community is providing a forum for fintechs and FIs to meet and see how they can work together. As part of the whole community program, we’ll be holding three dedicated newtech challenge competitions involving the best fintechs in selected areas of open finance (Payments, Inside Data & Decentralized Finance and Insurtech).

Read the full article here .

Innovation Radar: Banking Innovation Awards 2022 winners

Qorus and Accenture announced the winners of the ninth annual Banking Innovation Awards during a ceremony held in Barcelona on 30 November. For Qorus members, we've put together this document that gives you the lowdown on this year's winners, complete with videos.

Read the full study here .

Reinventing financial services: from vision to execution

At Qorus Reinvent Forum Barcelona, on December 1st and 2nd, it was clear that what keeps bankers awake at night is customers. Thanks to speakers from best-in-class brands, we have seen that it is possible to offer a fantastic customer experience, by engaging with customers, making the most of technology and creating a culture of innovation within the organization.

Read the full article here .

Seven steps to customer-centricity

Stuart Harle, Head of Benchmarking at Qorus, and our partner Smarter Way Mentors, customer-centricity experts, put together some practical ways to achieve a customer-centricity long-term business-wide strategy.

Read the full article here .

Data analytics 2022: Nationwide Building Society

Simone Steel, Chief Data & Analytics Officer of Nationwide Building Society, talks about her company and its data analytics strategy for a Qorus-Teradata report entitled "Financial services must learn from other sectors to industrialize and accelerate data analytics".

Read the full interview here .

ESG challenges in wealth management: Millennium bcp

The private wealth management arena is changing. Increasingly, private banking clients realize that ESG criteria cannot be ignored and that it is not about greenwashing but about making sense of ESG and its way of building a more sustainable world for the future generations. We talked about it with Jo?o Forjaz Trigueiros, Head of Affluent Segment Strategy at Millennium bcp.

Read the full interview here .

Embedded finance booms in ASEAN

The ASEAN region’s fintech industry may not draw the headlines of its peers in North America and China, but it has been slowly gaining steam over the past few years and has increased its share of global fintech investment from 2% in 2018 to 7% in the YTD 2022, according to UOB.

Read the full article here .

The different dimensions of digitization: Generali Group

Generali Group operates in more than 50 countries and, at the end of 2021, presented its latest strategic plan, ‘Lifetime Partner 24: Driving Growth’, valid for the three-year period 2022–2024. Michele Carmina, Head of Group Data & Digital, tells us more about Generali's digitization strategy.

Read the full interview here .

What’s happening in France

Qorus has senior advisors and regional directors around the world. Boris Plantier is our eye in France. From Société Générale launching its car ecosystem to Boursorama accelerating its development with one million new customers since January, and La Poste rolling out a new generation of post offices to improve La Banque Postale customer experience, here's what caught his attention in November 2022.

Read the full article here .

Home energy retrofitting, at the heart of banks' climate alignment strategy

Renovating its buildings. This is the challenge facing France today if it wants to control its greenhouse gas emissions and contribute to its energy independence. The building sector (residential and commercial) is the second largest emitter of greenhouse gases in France and also the largest consumer of energy (45% of final energy consumption). An article by Maxime Druais, Head of ESG at Natixis Assurances.

Read the full article here .

Discovering the full potential of your SME banking strategy: Unleashing hidden SMEs in a mass-market portfolio

In this report you will find answers regarding the current state of data-based strategies in SME banking from leading financial players worldwide, best practices on identifying these customers, how to make them your business customers, and ultimately how to serve them and overcome challenges on this exciting journey.

Read the full study here .

Open Finance Community payment challenge: M2P

Qorus and Capgemini have identified the leading fintech companies for the payment challenges they organize for the Open Finance Community. One of them is M2P and its DVP Communications Arun Prasath tells us more about it.

Read the full interview here .

Curated Industry News

Deutsche Bank partners with NVIDIA to embed AI into financial services. Learn more here .

KBank joins four partners to unveil Dendo Drive House. Learn more here .

Wells Fargo’s Vantage platform enhances commercial and corporate clients’ digital experience, grows with businesses at scale. Learn more here .

Shoppers to reap rewards from Westpac’s ShopBack partnership. Learn more here .

HDFC Bank and Mintoak develop merchant solutions to fuel business growth for MSMEs. Learn more here .

Fiverr launches recession resource hub for businesses and entrepreneurs: “The Lift”. Learn more here .

Motional launches first robotaxi service on the uber network. Learn more here .

PorchPals selects Sure to launch first of its kind subscription package theft insurance. Learn more here .

iBynd's embedded platform powers Appalachian Underwriters' digital offering of workers' compensation coverage from biBERK. Learn more here .

Embedded Insurance: Huge opportunity to increase insurance penetration in India. Learn more here .

Ransomware and fraudulent funds transfer represent more than half of all claims. Learn more here .