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Building A Private Bank For The Next Generation

Forrester IT

As a result, high-net-worth clients are not fully benefiting from some of the digital innovations that are changing how customers interact with their private banks. To identify “The Top Global Private Banking Trends In 2021,” we interviewed senior executives […].

Banking 539
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Money transfer startup Remitly reveals financial results in preparation for upcoming IPO

GeekWire

Seattle-based money remittance company Remitly disclosed key financial results on Monday afternoon in its Form S-1 registration statement , a key milestone toward becoming a publicly traded company. million net loss in 2020, doubling its annual revenue and cutting its loss nearly in half. trillion last year, growing 4% each year.

Financial 124
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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Amazon is undergoing a steady transformation under CEO Andy Jassy.

.Net 80
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Can cyber-crime result in global financial systemic risk?

Trends in the Living Networks

On Saturday I was interviewed on SBS World News about the ATM heist that netted $45 million from 40,000 withdrawals over 26 countries. Financial systems evolve, and even while banks continually improve their protection, there will be ways to attack banks. It is increasingly also about protecting the financial system.

Financial 158
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Will financial advice be delivered primarily through Netflix-like subscription platforms?

Trends in the Living Networks

The ideas presented in the report include the rise of “fit-nance” tracking of holistic advice, financial advisors focusing on life coaching, and ubiquitous user ratings of advisors. That is less likely to happen in financial advice, but it points to the potential value of these approaches.

Financial 136
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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

Reflecting a wider industry trend, Dell has revealed workforce reductions, attributing this decision to the ongoing macroeconomic environment that continues to affect demand across the sector. First, Dell’s financial results reflect a slowdown in PC demand, leading them to adjust their cost structure.

Dell 119
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Energy management in manufacturing: Trends, innovations and modern solutions

Dataconomy

The European strategy in this area is ambitious, with a target to reduce CO2 emissions by 55% by 2030 and net-zero by 2050. So are we able to identify trends and list innovations that are driving the energy market? This helps avoid unnecessary costs, such as financial penalties for exceeding so-called contracted power.

Energy 81