Promising Future of Islamic Banking

Islamic banking has become a major global industry with a growth of 10% to 15% per year over the last decade, to reach between USD 700 and 750 billion of assets worldwide nowadays. Currently, Islamic Banking is particularly developed in the Middle East, is definitively on the rise in the Asia-Pacific region, and is currently […]
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Indian Banks : Safe and Sound in a Protected Economy

Indian banks enjoyed a competition-free era, operating under a protectionist regime, till 1991. The competition from private and foreign banks was hardly noticeable till the government liberalized the Indian economy in 1991. Ever since, the number of foreign banks has grown considerably and currently India has 29 foreign banks operating with around 277 branches and […]
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The Premature Reports of HSAs’ Demise

With the election of Barack Obama, there was much discussion about the overhaul of the U.S. healthcare system, a conversation which continues in earnest today and will likely go on for months, if not years. Many policy and industry analysts stated that under the Obama administration, the U.S. would move to a European-style single-payer system […]
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Bank of America Puts a New Spin on Cross Selling and Online Banking

Bank of America recently introduced a new program called Add it Up. This creative program allows BofA credit or check card holders to receive cash back (on their credit card or deposited to their BofA checking account) when they shop online at a variety of merchants. It’s an interesting move as banks don’t typically tie […]
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Treasury, Payables, and Receivables: The alignment of the planets

Liquidity and cash management are the paradigms to measure current enterprise performance. Corporations strive for a holistic approach from their strategic banking partners made of “end-to-end” solutions and services that cross the traditional silos. Financial forecasting and planning are absolute prerequisites for a corporate treasurer. Under the current conditions of inadequate liquidity, invoice discounting is […]
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Too Big To Fail

In the US banking industry people talk about banks being too big to fail, but I am concerned about another phenomenon: the bank that is too big to save. At what point does a bank become so big that if it were to fail, the government would be hard-pressed to bail it out. The FDIC […]
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Do Tough Times = A Rise in Employee Fraud?

Tough times bring about some pretty unfortunate acts. Disgruntled employees are a huge risk as they can do quite a number on bank assets and customer information. There is no doubt, the number of internal fraud incidents we are hearing about these days are on the rise. It’s unfortunate but true. However, internal fraud is […]
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3.18.09: Celent Banking Webinar: Top Banking Trends for 2009: North America, Europe, and Asia

Celent Senior Vice President Bart Narter This event is free for Celent clients and invited guests. Please click here for more information.
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Did Anyone Catch The Tail-End of President Obama’s Address?

UPDATE: I posted to the Celent blog while eating breakfast this morning on the West Coast. Evidently, great minds think alike, as the NYT also put out a related article today (I swear I didn’t know the NYT piece was out). The NYT provided a much better description of USAs: http://www.nytimes.com/2009/03/07/your-money/07money.html?hp Last week, I’m sure […]
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FFIEC RDC Guidance

The Federal Financial Institutions Examination Council, FFIEC, issued its long-awaited guidance on remote deposit capture risk management in January 2009. In our view, the guidance provides prudent measures for financial institutions to consider as they seek to fully-leverage RDC for deposit growth and customer convenience. Importantly, the guidance contained no surprises, and did not impose […]
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