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Breaking down the barriers to financial advice

The world of financial advice can be a difficult one to navigate for those seeking support with their finances. The choice of services, advisers and products is vast, and people may feel overwhelmed with where to start. Misconceptions about the advice industry may also put people off seeking professional financial advice. Many exclude themselves from seeking advice because they wrongly assume it’s only necessary for complex investments or pension planning. Millions don’t deem themselves ‘worthy’ of needing advice – considering themselves too ...more

Closing the female financial adviser gap

There is no doubt that great strides have been made in recent years to increase gender diversity in the workplace. However, much more needs to be done in the financial services arena. The Government’s Women in Finance Charter, first launched in 2016, is one notable attempt to build a more balanced and fair industry. The Charter reflects the Government’s aspiration to see gender balance at all levels across financial services firms and particularly in senior jobs. Gender balance in the workplace is good for business – it is good for customers ...more

the growing demand for financial advice

The demand for financial advice in the UK has increased exponentially in recent years as more customers recognize the need for expert independent support with their finances. They need the help as current stock market volatility is making investment decisions more complex while low interest rates make getting the most from your money more difficult. Pension freedoms, enabling everyone aged 55-plus to access their pension when they want plus the growing numbers of people starting pensions and investing for their future, means the demand for f ...more

Mobile Customer Engagement and the Rise of the App-Based Banking Landscape

Traditionally SMS-based services have been the mainstay of mobile banking, but this has changed in developed markets with the advent of smartphones and the rise of the app economy. As mobile apps become ever more sophisticated, mobile banking is being touted as a more convenient alternative to online banking. The Bank of America was one of the first banks to catch on to mobile banking. Its iPhone app lets its customers pay bills, transfer funds and locate ATMs and banking centers across the country. Due to the functionalities offered by such ap ...more

Branching out - How banks can grasp the digital future

Banks are on the cusp of seizing a great opportunity. Organizations in the sector have made significant progress towards delivering a seamless digital customer experience but they are missing the final piece of the jigsaw. This paper will demonstrate how to become a digital leader and guide you through: • The essential checkpoints that any retail bank must address if it is to perfect the customer journey • How to gain a critical competitive advantage in the market • The three key considerations that will allow you to get the most out of ...more

TIS Sanction Screening - One Tool, Greater Security

Government-imposed embargoes and sanctions on who you can trade with and how, are changing almost daily which poses a great risk to your business. How do you keep up-to-date with which payments and cash transfers are allowed? While you may have successfully worked with many of your suppliers for a number of years — and know them well — do you have the same visibility over those working with your subsidiaries? What measures are in place to deal with invoices that cannot be paid? The penalties if you get it wrong are huge, in lost reputation a ...more

Transparency, centralisation and management of international transactions

Today we see many CFOs are making progress towards creating a technology-enabled finance function, but much work lies ahead. Too many companies still rely on outdated data for key decision-making and experience challenges of consolidating numerous disparate systems. For the successful delivery of insightful analytics, the capacity in the finance function must be released by the introduction of far more automated and efficient payment processes. Underpinning all of this will be digital technologies, mobile e-enabled finance tools, leading-edge d ...more

Why a TMS is not enough

The typical Treasury Management System (TMS) — SWIFT connected, multiuser and loaded with functionality is a marvel of modern technology. There are few tasks in treasury that cannot be made efficient through the use of a TMS. And very few sophisticated treasuries without one. Yet many of these same treasuries also integrate specialist solutions for bank account management, foreign exchange, payments and other tasks with their TMS. From a technology standpoint this is a simple matter, little different from adding an additional module of funct ...more

TIS payment solutions help maximize your win with SAP S/4HANA

The time to migrate to SAP S/4HANA is now. According to SAP, more than 7,000 customers have signed up for S/4HANA with numbers expecting to expand exponentially in the coming year. With so many customers at the starting block we are seeing a lot of uncertainty about how to best start the implementation process in order to minimize cost, time and ease of implementation without disrupting current payment processes for all bank adapters. The TIS payment solutions are seamlessly integrated into S/4HANA, helping our Customers accelerate implementati ...more

Six Best Practices for Modernizing Financial Services IT

Financial services organizations around the world are modernizing IT to drive top-line growth and streamline compliance burdens. From multinational brokerage houses to local branch banks, digital transformation initiatives are moving financial institutions toward more secure, agile, and cost-effective infrastructure and applications, empowering workers and improving customer experiences. Yet modernizing IT everywhere simultaneously presents challenges, which makes choosing the right partner imperative. Today, financial services organizations ...more