Impact & Expertise

In the News

  • Banks can cut rakes by going digital, cut rates: BCG
  • October 03, 2014
  • The Times of India reported on BCG research that shows banks can bring down interest rates by 1.5-2 percent by adopting a digital strategy that reduces the amount of cash they handle. "We see banks being in a position to bring down cash in the system by as much as 30% if they enable mobile-to-mobile funds transfer," said BCG's Saurabh Tripathi. "Although 30% may not sound like a big number, the impact is going to be huge on profit ability of banks. Today, most of the costs incurred by the banks are because of cash -whether it is because of cash transport, ATM or currency chest."
  • The Economic Cost of Reducing Greenhouse Gas
  • October 03, 2014
  • On WSJ.com's The Experts blog, BCG's Iván Martén wrote that the most important greenhouse-gas question that is being overlooked in some countries is how to implement mitigation and adaptation strategies without jeopardizing economic development or the competitiveness of national industries.
  • Michèle Flournoy Appointed to Intelligence Advisory Board
  • October 02, 2014
  • As reported on politico.com, President Obama named Michèle Flournoy to his Intelligence Advisory Board. Michèle is CEO and founder of the Center for a New American Security and a senior adviser to BCG.

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