Digital Bank

Another thing that came up last week is that someone said to me: “do you think incumbent banks can step up to the digital challenge and take on the likes of Amazon, Apple, Google and Facebook”. I said: “no”. Sorry guys, but the answer is negative. There are various reasons …

I talked yesterday about digital banks underpinning corporate digitisation, but corporate digitisation is being driven by consumers. That’s a radical statement in itself with the most radical aspect being the consumerisation of technology.  That is the real change here, and this theme comes up at every conference I go to. This …

I talk a lot about how the digitisation of banking is changing the customer relationship, and this is as true for the corporate customer as the retail consumer. Examples are appearing everywhere of real-time access to cash netting and pooling, and immediate payments across borders and continents, but there are …

I talk a lot about how the digitisation of banking is changing the customer relationship, and this is as true for the corporate customer as the retail consumer. Examples are appearing everywhere of real-time access to cash netting and pooling, and immediate payments across borders and continents, but there are …

As I finished presenting at a recent conference, an audience member came up to me and said: “I guess you don’t like banks very much, do you?” The question surprised me as I love banks.  I make my living from banks.  My only thought throughout each day is what’s next …

As I finished presenting at a recent conference, an audience member came up to me and said: “I guess you don’t like banks very much, do you?” The question surprised me as I love banks.  I make my living from banks.  My only thought throughout each day is what’s next …

I recently had an epiphany.  It was not painful, but it was enlightening. The realisation occurred to me as I looked at this chart from Zopa: It’s an interesting chart, especially the hockey stick rise in funds transferred as the financial crisis hit, and relates to a recent headline in …

I recently had an epiphany.  It was not painful, but it was enlightening. The realisation occurred to me as I looked at this chart from Zopa: It’s an interesting chart, especially the hockey stick rise in funds transferred as the financial crisis hit, and relates to a recent headline in …

Last week, I mentioned that Digital Banks may be losing sight of the customer.  I then had another comment that spins a different angle on the debate: Digital Banks digitize … and think it’s done. This is another error in management thinking, but is fairly common with banks I deal …

In a discussion of the future bank, it appears that we all talk about digital being the focal point.  Even though my new book is called that, it’s the wrong focal point however. Customer is the focus. It’s too easy to get wrapped up in the technology and forget about …

UPDATED TO REFLECT NEW VERSION, JULY 2014 I'm pleased to say that the book I made availalbe on a pre-release has been picked up by Marshall Cavendish for worldwide publication. The hardback is released in Asia in June 2014, Europe in July and America in September, and is totally revised and fully edited, …

UPDATED TO REFLECT NEW VERSION, JULY 2014 I'm pleased to say that the book I made availalbe on a pre-release has been picked up by Marshall Cavendish for worldwide publication. The hardback is released in Asia in June 2014, Europe in July and America in September, and is totally revised and fully edited, …