Embracing digital transformation with a digital factory
McKinsey Sustainabilty
MARCH 28, 2024
In this interview, Alinma Bank's chief digital officer discusses the importance of a digital factory to the bank’s overall transformation journey.
American Banker Names U.S. Bank Leaders to 2022 Most Powerful Women in Banking
3BL Media
OCTOBER 21, 2022
Bank a Top Team honor. Bank leaders in its 2022 Most Powerful Women in Banking, naming vice chairs Gunjan Kedia and Kate Quinn and senior vice president Vanessa Angeles among 75 individual honorees. Quinn was named to the Most Powerful Women in Banking list, the sixth consecutive year she has been honored. SOURCE: U.S.
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Bringing innovation to a not-for-profit setting
McKinsey Sustainabilty
MARCH 11, 2024
American Red Cross chief innovation officer Sajit Joseph discusses the opportunity in bringing innovation, AI, and digital transformation to the work of disaster response and blood banking.
Deloitte, Persefoni Partner on Carbon Measurement Solutions for Banks & Insurers
ESG Today
NOVEMBER 11, 2022
Global professional services firm Deloitte and climate management and accounting platform (CMAP) provider Persefoni announced today a new strategic partnership aimed at developing analytics solutions for the banking and insurance companies to measure and manage their operational and portfolio carbon footprints.
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Schneider Electric Appoints Gwenaelle Avice-Huet as Chief Strategy and Sustainability Officer
3BL Media
FEBRUARY 22, 2022
DESCRIPTION: RUEIL-MALMAISON, France, February 22, 2022 /3BL Media/ - Schneider Electric , the leader in the digital transformation of energy management and automation, has appointed Gwenaelle Avice-Huet as its new Chief Strategy and Sustainability Officer, starting from 1 April 2022. SOURCE: Schneider Electric. as a consultant.
Schneider Electric Presents Inclusive and Sustainable Energy Transition Training Programs for the Youth at Innovation Day In Ivory Coast
3BL Media
MAY 9, 2024
With a focus on digital transformation, the "New Skills for the Future & Innovation" program offers energy transition training and project-based learning for students aged 15 to 35 years old. Our mission is to be your digital partner for Sustainability and Efficiency. We call this Life Is On.
Loretta E. Reynolds Joins U.S. Bancorp Board of Directors
3BL Media
OCTOBER 28, 2022
Bank as we continue our digital transformation,” said Andy Cecere, U.S. As we strive to make banking easy, convenient, connected and digital, cybersecurity is more important than ever. Bank National Association. Bank Board of Directors. SOURCE: U.S. She will serve on U.S. KEYWORDS: NYSE:USB, U.S.
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Americas FSI Digital Commentary: 3 Ways to Accelerate Digital Strategy in 2023
Cisco CSR
JANUARY 10, 2023
As a change agent serving the financial services industry for over 20 years, it is a great privilege to collaborate with Bank, Insurance, and Wealth Management institutions to devise and execute digital transformation strategy, solve complex business problems, and leverage technology to strengthen business results.
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Fifth Third CSO Named to Sustainability Top 100 Leaders List for 2022
3BL Media
NOVEMBER 1, 2022
DESCRIPTION: CINCINNATI, November 1, 2022 /3BL Media/ - Fifth Third Bank, National Association today announced that its chief sustainability officer, Mike Faillo, has been named to the Sustainability Top 100 Leaders list for 2022 published in the October issue of Sustainability Magazine. SOURCE: Fifth Third Bancorp. Delivering $40.6
World Environment Center Welcomes New Gold Medal Jury Members
3BL Media
OCTOBER 11, 2022
Karen Fawcett - formerly Global CEO Retail, and Global Head Brand and Marketing for Standard Chartered Bank, Singapore. Karen Fawcett was formerly CEO Retail, Brand and Marketing for Standard Chartered Bank, which focused primarily on Asia, Africa, and the Middle East. Prior to her career in banking, Ms.
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From the Fifth Third Bancorp 2021 ESG Report: Serving Customers
3BL Media
AUGUST 4, 2022
By keeping the customer at the center of everything we do and focusing on continual digital transformation, Fifth Third offers a unique combination of products and solutions tailored to meet different consumer segments, along with our local presence and the relationship benefits of a community bank. Business Clients.
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Exciting Times Ahead – Innovating for the Future
Cisco CSR
SEPTEMBER 29, 2022
During the afternoon, the “ Accelerate Digital Experience ” breakout track with Shashank Luthra, Cisco ASEAN MD for services and software sales – provides insights into why customers need to accelerate digital transformation. This event has so much to experience, learn, and discover!
Give Her Credit: Expanding Women's Access to Finance
3BL Media
MARCH 18, 2022
It is extremely difficult to access loans from commercial banks.”. A $1,100 low-interest loan from Thanh Hoa Microfinance Institution and access to digital tools and other services have enabled her to reinvest in her business and diversify into online sales, wholesale and garden landscaping consulting. She now employs six people. “As
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ESG Today: Week in Review
ESG Today
DECEMBER 4, 2022
McKinsey, Moody’s Launch Climate Solutions Suite for Banks. Guest Post – Notes From the Field: Inter-Stakeholder Communications, Digital Transformation Keys to ESG Performance Excellence. Australia Regulator Finds Banks Expect to Reduce Exposure to Climate-Risk Affected Industries, Regions. Sustainable Finance.
Bitcoin and Blockchain: A Small Glimpse Into Big Digital Disruptions
Daniel Burrus
JANUARY 27, 2021
This sent the banking industry into a tailspin, desperately trying to understand this new concept of a digital currency system, and areas of the government even began to prepare a way to legislate this unfamiliar system. So in banking, the most identifiable Hard Trend in blockchain technology is people’s response to buying Bitcoin.
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Big Data Explosion
Cisco CSR
APRIL 26, 2022
Some familiar examples are receiving banking fraud alerts on mobile devices, submitting photos for insurance adjustments, or using robo-advisors for investment decisions. There is an opportunity beyond these core services to embed financial services into broader digital commerce ecosystems. Creating new customer value from AI.
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5 Key Challenges Financial Services IT Face in 2022 and Beyond
Cisco CSR
MARCH 3, 2022
At the end of 2021, a New York City headquartered, 220-year-old bank was fined over $200 million in regulatory fees due to insecure practices – namely employees using non-corporate or personal email accounts to transact official business. Legacy systems impact on digital transformation. References. 1 FinTech Magazine, 2020.
Mastercard Strive USA: One Year Later
3BL Media
NOVEMBER 14, 2023
In the heart of Columbia, South Carolina, Optus Bank has been a beacon of hope for small businesses often excluded from the traditional banking system. Optus Bank was the state’s first Black-owned bank, and their mission has remained the same for over a century: Ensuring that wealth building is not just for the wealthy.
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Canada’s Best 50 corporate citizens of 2022 continue to conquer the markets
Corporate Knights
JUNE 29, 2022
While high profits at a firm level can indicate economic vitality, at a national level it’s usually a sign of economic rot and oligopolistic market structures (five big banks, four big grocery stores, three big telcos, one big fertilizer company serving 36 million people). 15 8 Vancouver City Savings Credit Union Banks $1,202,835.00
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Workiva Announces 2022 Partner and Customer of the Year Award Winners
3BL Media
SEPTEMBER 14, 2022
We are proud to work alongside our over 200 partners and support customers around the globe as they innovate their businesses and accelerate their finance and digital transformation projects,” said Julie Iskow, president & COO of Workiva. Platform Customer of the Year - Regions Bank. Transformation of the Year - KeyBank.
Hybrid Cloud Operations in the New Era of Digital Payment Applications
Cisco CSR
JULY 29, 2022
In the first blog , I explored new trends in traditional banking. In the second blog I focused on some of the challenges insurance companies face while navigating their digital transformations. By the end of 2023, it is expected that $1.152 trillion will transact.
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In a Battle of Online Help vs Face-to-Face Service, the Customer Must Always Win: Part 1
Daniel Burrus
JULY 6, 2022
I recently asked Shep Hyken — who I would refer to as the ‘Chief Experience and Amazement Officer’ at his company, Shepherd Presentations — to join me on my program, “ Opportunity Hour Conversations with The Masters ,” on the subject of creating amazing customer service experiences in this digital, transformative world. .
Celebrating our 2022 APJC Cisco Customer Experience Heroes
Cisco CSR
DECEMBER 5, 2022
Newgen, the leading provider of a unified digital transformation platform, is a multinational company with employees in over 40 countries. This top award recognizes a customer that has undergone an amazing digital transformation through collaboration with Cisco CX.
Guest Post: Connecting the “D” to the ESG
ESG Today
SEPTEMBER 13, 2022
In a world of rapid digital transformation , how do companies, investors, regulators, standard setters, and ordinary citizens respond to these shifts? Incorporating digital transformation efforts into the ESG reporting process is one way CEOs can supercharge stakeholder firm value. She received her Ph.D.
Online clothing portal gives consumers option to donate unwanted items to charity instead of returning
Envirotec Magazine
OCTOBER 5, 2021
The Online Clothing Bank (and Oh Polly’s page is viewable here ), launched by The Salvation Army and returns expert ReBOUND, will give shoppers the option to provide much-needed support to the charity sector, which has faced a devastating 18 months with the COVID-19 measures.
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Direct Relief Donates More Than 2,000 Battery Systems to Ukrainian Hospitals Amid Energy Grid Attacks
3BL Media
MARCH 4, 2024
billion of direct damage on the electrical power sector, and has cost the sector $32 billion in lost revenue, according to the World Bank’s newly published damage and needs assessment. The World Bank estimates it will cost $40.4 The war has inflicted an estimated $7.5
Understanding Digital Public Infrastructure: What it Means — and Why it Matters — to Businesses and Governments in Emerging Markets
James Militzer
OCTOBER 2, 2023
This association would limit DPI to providing solutions for how governments interface with citizens, rather than promoting a wider, whole-of-society approach to digital transformation. This vision was further developed in a chapter of the June 2023 BIS annual report entitled “Blueprint for the future monetary system.”
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Embracing Complexity in Energy Data for Solutions & Savings
American Clean Power
JUNE 20, 2023
Our customers are turning data into action to realize real savings: One of the world’s largest banks implemented energy trading strategies supporting their 17% reduction in Scope 1 and 2 emissions and reducing their costs by $1.25 / MWh A leading US university optimized a hybrid solar and battery storage site to achieve their 100% renewable energy (..)
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5 Key Challenges that can Make or Break Your Financial Services IT Initiatives in 2022
Cisco CSR
FEBRUARY 8, 2022
Some banks have “skeletons” in their closets. They restrict digital transformation initiatives and serve as an obstacle to affect time-to-market for newer services. Even more, guidance from experts familiar with your in-house systems can aid in deploying new solutions while your existing teams keep services running 24×7.
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Indonesia Launches Green Taxonomy, Sets Policy Priorities
Chris Hall
JANUARY 23, 2022
He said the target is for MSMEs to be getting at least 30% of their credit from the banking industry by 2024, compared to 20% currently. “To OJK chairman Wimboh Santoso said he was optimistic on the performance of the financial services industry, projecting that banking credit will grow around 7.5%.
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Tackling Scope 3 emissions: the key to keeping 1.5°C alive
Envirotec Magazine
DECEMBER 1, 2022
Financial institutions such as banks, for example, have struggled to get access to accurate and detailed data for companies’ emissions reporting and instead have had to rely on inconsistent proxy data to compile key data points for scope 1, 2 and 3 emissions.
ICYMI, the Path to Net Zero is Getting Steeper
Chris Hall
JUNE 17, 2022
Given the lack of progress on these fronts by many of its banking members, it was no surprise that GFANZ, the umbrella body for finance sector efforts to adopt net zero-aligned business models, simultaneously issued a proposed framework to help financial institutions to develop credible transition plans.
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Norwegian utility claims to calculate true cost of sewer ingress
Envirotec Magazine
JANUARY 23, 2023
It was found that upstream pipes situated close to the banks of a river were laid in soil saturated by water. We seek to share these developments widely so that other organisations can further understand the benefits that digital transformation can bring to key critical operations.
Wesco International’s Annual Sustainability Report Now Available; Sets 2030 Goals for Landfill Waste, Green House Gas Emissions and Safety
3BL Media
SEPTEMBER 20, 2022
2021 was a pivotal year in the digital transformation of Wesco’s Health and Safety program by introducing pilots of wearable technology designed to provide live education to the participants of their at-risk postures and movements throughout the day. Wearable devices improved safety metrics.
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Americas FinServ Digital Commentary – Fall 2022: Three Ways to Accelerate Digital Transformation
Cisco CSR
SEPTEMBER 20, 2022
Through it all, Bank, Insurance and Wealth Management decision-makers have face increased pressure to focus on three fundamental strategic priorities – Business Growth, Cost Reduction, and Risk Reduction – to accelerate digital transformation. Geopolitical issues shock the conscience. Threat of a recession. High interest rates.
Why You Should Have Invested in Enterprise Data Yesterday
Steven Mintz
MAY 22, 2023
Greg is an accomplished professional in the digital transformation space. He is the Founding President of the Young Professionals Council (YPC) for the San Francisco Marin Food Bank (SFMFB). If companies focus on data and analytics, they can prevent things like these from happening.
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Embracing the Power of Blockchain Technology
Daniel Burrus
APRIL 17, 2019
During the digital transformation, we have witnessed traditional forms of physical media fall out of favor as users abandoned their treasure trove of CDs, DVDs, books, magazines and even photo albums to partake in an entirely clutter-free life. Blockchain is the digital ledger software code that powers Bitcoin.
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How digital technologies contribute to universal drinking water
Envirotec Magazine
NOVEMBER 9, 2022
However, a new report from the World Health Organisation (WHO), UNICEF and the World Bank also reveals that the same number are still without access, and an increasingly volatile climate will only heighten water insecurity, disrupt supplies, and devastate communities.
ICYMI, This is no Time to Hit the Brakes
Chris Hall
MAY 13, 2022
This week, Mark Carney made the case for a faster transition to renewable energy in the face of inflationary and geopolitical headwinds, calling for “a sustainable revolution on the scale of the Industrial revolution and at the pace of the digital transformation”.
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Universities Commit to the SDGs at Australia’s Inaugural SDGs Summit
Sustainable Development Network
SEPTEMBER 29, 2016
Specifically, Senator Concetta Fierravanti-Wells, the Minister for International Development and the Pacific, as well as Angus Taylor, the Assistant Minister for Cities and Digital Transformation, set the scene by explaining the relevance of the SDGs both domestically and abroad.
Consumers Driving Technological Change in the Financial Industry
Daniel Burrus
JUNE 15, 2016
In yet another twist to a modern tale, it was recently revealed that it was consumers who were leading yet another round of disruption in the banking and insurance sectors. A fifth of respondents also said they would consider obtaining banking or insurance services from potential disruptors such as Google, Amazon or Facebook. .
Advances in Cisco Cloud and Compute Technology Solve Challenges for Insurance Companies
Cisco CSR
JUNE 2, 2022
While Ben Franklin could not have predicted the current digital transformational climate that modern insurance companies are going through now, his early insurance model proved that insurance products and services provide much-needed peace of mind. Efficiencies in risk assessments make for loyal subscribers.
Allied Bank innovates in the financial industry with Cisco CX Cloud
Cisco CSR
JULY 21, 2022
Digital transformation is the cornerstone of success for businesses in today’s “always-on” world. To remain competitive, financial services institutions are in the midst of their transformation journeys to make internal processes simpler and provide the best experience possible to their customers.
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Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in Nigeria
James Militzer
APRIL 14, 2023
Yet this low uptake is also why the insurtech industry is poised for disruption and takeoff as part of Nigeria’s digital transformation, from both a business and development perspective. Yet in spite of this potential, the insurtech sector remains under-invested.
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