Le trio infernale - When a Card Scheme, a Tech Provider and a Bank join forces
Blog Post28th March 2019
Benedikt von Hake, Dominik Siebert und Fabian Meyer,
Since its introduction in the U.S. end of 2014, Apple Pay has recorded a moderate, but steady growth: According to its own figures, around 350 million users in 35 markets now use the card-based payment service from Cupertino - since end of 2018, Germany has also been one of these markets.
This March, the discussions of our Spring onsite were all about CORE's visions, project highlights and the maintance of quality. The pre-event took place at the renowned Regent Hotel Berlin and continued in the atmosphere of the scene bar Kitty Cheng, which shines with innovative cocktails and an ambience mix.
Card schemes enable simplified and guaranteed exchange of money between merchants, customers and their banks, by operating international networks and setting uniform standards. More specifically, they define rules for the routing of payment authorizations and settlement requests in point-of-sale.
This year's COREoffsite was all about "Reorientation and Knowledge Management" and, of course, all about transformation: In line with the company-wide realignment with a focus on the new entities "Research, Advisory, Consulting, Engineering and Operating".
Gradient boosting vs. deep learning. Possibilities of using artificial intelligence in banking
Blog Post10th December 2018
Bastian Berghaus, Julius Heitmann
Retail banking is undergoing radical change. New players in the market and changes in the regulatory framework (e.g. PSD 2) mean that the market is being opened up as a result of market conditions and regulations, posing new challenges for traditional banks.
Bringing together competencies: Interview with Christian Böhning
News Alert5th December 2018
Complex assignments such as the modernization of architecture and the realignment of IT organizations are technological and organizational challenges that require a competent and motivated team to cope with. Read more about CORE's success story in an interview with Wirtschaftsforum.
For the second time this year, CORE was invited to the JCNetwork Days - more than 400 students from all over Germany and 100 company representatives met in Kiel. Over two thrilling days, challenging case studies were handled by participants of student management consultancies and presented in a practice-oriented consultant's everyday life.
Artificial intelligence ranks highly amongst topics of general interest. Cambridge Analytica's misuse of voter data for political strategy evaluation for the US presidential election fuels fear and enthusiasm for AI and machine learning, as does the AlphaZero algorithms which consistently beats the best players.
Over the weekend, we conducted our annual COREbootcamp, which gives students the opportunity to expand their consulting skills and learn from the industry's best. CORE Managers led a case study that gave teams the opportunity to gain practical knowledge.
Daniel Augustin, SSE GmbH, Dr. Waldemar Grudzien, CORE SE
Software and infrastructure projects are subject to fundamental change. The trend today is towards small, agile teams that work independently of each other and often spatially separated from each other. They develop completed subprograms that communicate with each other via coordinated interfaces.
Today Dr. Philipp Kleine Jäger of CORE participated in a panel discussion at the DigitalFuture Summit of ESMT Berlin, moderated by Niklas Wirminghaus of Capital, with Alex Weber of N26, Karsten Traum of DKB, Volker Anhäuser of BNP Paribas and Dr. Roland Folz of Solaris Bank.
Holger Friedrich, MD of CORE SE, was invited to the IT security Panel alongside Esti Peshin (Israel Aerospace Industries) and Friedrich Merz (Black Rock). Future security challenges for society, public administration and industry and derived implications for policy were discussed.
Holger Friedrich, Managing Director of CORE SE, held a keynote speech at the Digital Banking conference covering 25 years of civil history and the rapid extent of technological development in less than 15 minutes. He illustrated how military structures had been merged into civil structures. Quickly he shifted to the meta-level and took the audience to reflect on the analog identity in comparison to the digital one. Regulatory measures are severerely lagging behind of headway progress. In putting perspective he lined out the concrete derivations of ID management in a variety of sectors such as (banking) industry, politics, science and civil society.
The Lünendonk-Studie 2018 ,Managementberatung in Deutschland‘ provides one of the most comprehensive and up-to-date overviews of the German Management Consultancy landscape.
The results of this in-depth study reveal CORE SE has achieved well-above average growth of 60% in the past year, versus the average of 20.8%.
CORE SE is also viewed as a very strong competitor by more than 20% of respondents from our industry, and as strong competitors by more than 50%.