To say that the business world has been turned upside-down over the last six months would be an understatement. With the onset of COVID-19, we witnessed a swift downturn in the global economy, with unemployment surging to 21.3 million and recent data from SimpliSafe and Hippo indicating that more than one-fifth of…...
5 Sales Trends COVID-19 Has Accelerated That Are Here To Stay
When COVID-19 first hit the United States in March, many sales organizations thought the adjustments they had to make would be temporary. But as the crisis continues, it’s becoming increasingly clear that many of the changes brought on by the pandemic will be permanent. Mary Shea, Principal Analyst at Forrester, addressed this…...
10 Critical Best Practices for Your Sales Force in This Crisis
We are in week 6 of lockdown, week 8 of voluntary work-from-home, while adapting, guiding and directing companies who still need to sell their products and services to generate revenue. At this point sales is about so much more than generating revenue for profit or to keep employees working. For…...
Financial Services and the Global Pandemic: An Opportunity for Change?
COVID-19 has significantly impacted business and consumers alike. From furlough and business loans, to insurance and mortgage requests, financial organisations have faced an upheaval of customer requests and evolving policies. On top of this, employees at financial institutions are working remotely within an industry that relies on security, impeccable connection…...
Upcycle, upskill and unite – three ways for leaders to survive COVID-19
Looking at different organisations a business can partner with is an innovative way to extend resources through other expanding networks, keep business going and open new avenues of opportunity that can exist for years to come, writes Aaron McEwan As the COVID-19 crisis unfolds the old adage of adapt or die…...
Five Effects of COVID-19 on the Fintech Industry
While on one hand the Covid-19 outbreak has blurred lines between banks and fintechs and accelerated digital adoption, it has led to decline in number of alternate lenders. Financial technology (fintech) sector has been developing fast in Asia in the last few years. But, like most other sectors, it has…...
How has productivity and efficiency been impacted by the coronavirus crisis?
To support its membership of over 100+ banks, insurers and asset managers with responding to the challenges posed by COVID‐19 (coronavirus), ORX has hosted two discussion calls each week where senior operational risk professionals meet to share insights, ideas and practice. The consensus view is that productivity within operational risk through the…...
The Changing Role and Responsibilities of the CFO, during a Time of Crisis
These pandemic times are resulting in a shift not only in how teams collaborate and how the global workforce is going to plan the Future of Work, it is creating a transformation within various roles. Sales leaders and salespeople need to imbibe certain traits and skills to keep revenue coming in during…...
The future of fintech is networked, not hierarchical. How coronavirus will usher in a new digital age, and what you can do to prepare for it.
Old, hierarchical institutions have shown they lack resilience to coronavirus. Their large properties, huge ivory towers designed to be both imposing and reflect their status, are dragging them down. They struggled to adapt to a digital world, let alone digital 2.0, or the coming digital 3.0. The future is one…...
COVID Continues: What are the Pandemic’s Lasting Effects on Fintech?
After COVID-19 has held a grip on the world for most of this year, it’s hard not to see everything through the lens of the pandemic: in the industrial, technological, medical, educational and financial worlds–as well as in our personal lives–the pandemic has colored everything. The virus has been around…...
Boost to Fintech in Response to Coronavirus
The Coronavirus pandemic is proving to be the boost needed for fintechs to gain traction with consumers who have been hesitant to move their finances online. With prolonged social distancing measures and lockdowns around the globe, the world is getting a crash course on why accelerated fintech adoption is necessary.…...
What does survival of the fittest mean for fintechs in a post-COVID-19 world?
Coronavirus (COVID-19) is an unprecedented test of the resilience of businesses large and small. The crisis has plunged vast swathes of the global economy into a deep freeze. But when the markets thaw, will the world will be a different place, or will we fall back into existing trappings? Many…...
