Globys Blog
Musings, insights, and ideas from our very own thought leaders

Rich's picture
Posted by Rich on 07.17.2015
It appears that some regional banks are beginning to reap the rewards of leaving no stone unturned.  With low interest rates and high cost-cutting efforts abounding, focus has shifted to an area that is often viewed as a necessary output versus a viable opportunity. But based on recently released Q2 results, it looks like fees may be the new rock star (slight pun intended). According to a recent article on American Banker, “M&T Bank, PNC Financial Services Group and KeyCorp reported increases in noninterest revenue approaching 10% in the second quarter, while three of the four megabanks... Read More »
John's picture
Posted by John on 06.25.2015
Most banks – or all businesses for that matter – have some goal around improving their customer experience. For most, it’s not a new goal but one that’s been continually added to the docket for the past few years. Everyone knows it’s important, with most aligning functional objectives tied to improving it. But what’s remained blurry is how to measure the level of success around ‘improving an experience’. A recent study by Econsultancy brings to light a new take on the topic. They asked the participants, ‘What’s the single best opportunity for their organization to deliver on their priorities... Read More »
Carrie's picture
Posted by Carrie on 06.15.2015
Billentis just released their 2015 E-Invoicing and E-Billing Report, which serves as a cross-industry resource for market data and analysis to help understand current and future business impacts. It’s filled with a lot of great insights – stating that businesses that use e-billing and invoicing will help achieve savings of up to 80% and predicting that in 2015 alone, 42 billion e-bills and invoices will be issued globally. Reading through the 95 page report (yes, there is a ton of information included), one area really caught my attention. It’s wasn’t the new stats or a recap of the latest... Read More »
Lara's picture
Posted by Lara on 05.20.2015
Globys has joined the Earley Executive Roundtable and will participate in a panel of industry experts addressing the business value of data analytics during a four-part executive webinar series.   Dr. Olly Downs, Chief Scientist and CTO at Globys, will participate in the first roundtable of the series focused on the business potential of machine learning and cognitive computing.  As programs and devices get smarter, special purpose applications will become more adaptable and self-configuring.  Algorithms will improve as they are used and will contain mechanisms to optimize over time.  This is... Read More »
Rich's picture
Posted by Rich on 05.11.2015
Just like that constantly dripping faucet, revenue leakage is often written off as more of an annoyance versus a problem that needs immediate fixing. You know it’s happening but with exposure to just a few drips at a time, the damage seems tolerable in comparison to the other challenges at hand. Not to mention that the last time you attempted to fix it, it took you far too long to identify the source of the problem – making you question if the fix is really worth the effort. But if you could combine all of those leaks into a single value and have a clear picture of the impact it’s having on... Read More »