As artificial intelligence (AI) matures and becomes more commonplace, panellists at Digital Banking Club for Collections Live Debate considered how roles in collections will change as the technology matures.
The first Digital Banking Club of 2018, sponsored by Intelligent Environments, discussed whether or not the GAFAs will become banks. Hosted at the formidable Law Society in London, the debate featured an illustrious panel to debate this very topical subject.
Start working on your digital banking strategy. Wait any longer, and you may find your competitors have already taken the biggest pieces of the pie.
The 1st DBC for Motor Finance Live Debate of 2018 was held on Wednesday 16th May.
The DBC for Collections Live Debate of 2018 was held on Wednesday 25th April at the Law Society, London.
Hardly a day goes by when we don’t reach out to Google, Apple, Facebook or Amazon (the GAFAs). But there’s one area of our lives that these disruptive firms have yet to invade: our finances.
Open Banking is a significant opportunity for big tech companies to build a transformative digital banking solution.
Collection companies that take advantage of new technologies such as chatbots are likelier to increase collection rates and halve collection costs.
The Open Banking requirement to provide access to customer data opens up a wealth of new possibilities. A properly engineered digital banking platform is essential for taking advantage of these opportunities.
The show took place in London on 6-9 March 2018 at the ExCel London, with our presentation taking place on 6 March.