If you work in the field of sales commissions, you’re likely aware of ASC 606, the five-step revenue recognition model and timelines. The basic premise on which both ASC 606 and IFRS 15 have been formulated is that an organization can recognize revenue from a customer contract only when the
In this episode of the Finance in Focus podcast, listen as Boxley Llewellyn, VP for customer insight and cognitive engagement at IBM and Rob Heiser, president and CEO of Segmint discuss the new partnership between IBM and Segmint and how it brings together the speed and agility of Segmint’s KLIs
For the first time in human experience, there’s the opportunity to transform a city by listening to all of its inhabitants, individually. That’s the mission of the Jakarta Smart City (JSC) project, and it’s a major challenge in a district of some 10 million residents.
If information is paramount, it becomes our collective responsibility to nurture, develop, secure and protect information. One should nurture and develop information so that it is well formed, mature and timely; and secure and protect information so that it is valued and guarded, not shared or
The latest executive report published by IBM Institute for Business Value puts the estimated cost of cyber crime to the global economy in a range of USD 375–575 billion per year. Reputational damage, which is hard to calculate, comes on top of all this. No industry and geography has remained
This is the first in a sequence of blogs that looks at how Planning Analytics and Decision Optimization can help organizations go from a plan to the right plan by leveraging optimization throughout the planning process.
Modernize your payment platform with IBM Financial Transaction Manager, the optimal payment platform for a bank’s path to business growth in the digital age. Financial institutions can introduce new real-time schemes and payment types continually, support existing and emerging transaction
For banks to remain relevant, they must be ready to engage in real-time where and when it’s convenient for the customer, on their device of choice, and using the latest and most accessible systems. With Financial Transaction Manager, IBM helps financial institutions prepare for immediate payments
No one is safe from fraud and financial crimes. When fraud occurs, it compromises secure data, raises legal fees, affects the bottom line and erodes customer confidence. Fraud is universal, with constantly evolving schemes. Regardless of the industry, a new holistic approach is needed to detect
How do you start new conversations with your customers—conversations that enable them to see your bank in new ways? The answer is insight. Extract deep insights that help you expand your relationship with customers and provide a better, more personalized customer experience. What can you achieve
The financial industry faces a wide range of priorities including customer experience, instant fulfillment, cyber security, risk management and compliance, and expenses. A modern financial services platform is needed to strengthen financial businesses as they progress into the future. And this
Are you looking for a book to help you navigate through the extraordinary changes that technology is bringing to our world? Change is a constant in life. Take a quick skim through these four books that help you better understand how artificial intelligence, blockchain, cognitive computing and
Listen to this podcast to learn how four IBM clients are using advanced analytics to dynamically segment clients by their behaviors, anticipate life and financial events, foresee client attrition, identify product opportunities and deliver tailored news and alerts. Jim Marous moderates the