Digital Banking Playbook
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The document outlines a digital banking playbook, highlighting transformation strategies for retail banking, risk investment, and wealth management. It discusses key trends and challenges in the financial industry, emphasizing the need for innovation in response to consumer demands and competition from fintech firms. It also presents future scenarios, actionable solutions, and initiatives to enhance product offerings for customers and clients.
Digital Banking Playbook
- 1. with Transformation Strategies For A Connected Marketplace DIGITAL BANKING PLAYBOOK
- 2. • 3 future-forward scenarios that identify key digital opportunities in retail banking, risk investment and wealth management • Key trends influencing the financial industry • Primary challenges and actionable solutions for industry associates • Quick initiatives to deliver highly innovative and quality products to customers, clients and advisors Download The Entire Digital Banking Playbook Report Featuring: with
- 3. Financial And Capital Industry Disruptors 1. Speed of the Marketplace 2. Personalization Expectation 3. Increased Data Breach Risk 4. Risk of Alternative Banking Solutions 5. Balancing Innovation and Regulation with
- 4. The Digital Disruption In Retail Banking The ‘bundled’ and less transparent products of traditional banking institutions are proving inefficient for a new wave of informed and always-on customers. Fintech firms, by contrast, are leveraging cutting-edge digital solutions to appeal to consumers—offering hyper-relevant products and services, seamless, multi-channel access and open transparency about fees and operations. with 50.2% of global consumers do business with at least one non- traditional banking firm. Capgemini and LinkedIn WFTR Voice of the Customer Survey. Capgemini Financial Services Analysis, 2016 11% of consumers left their bank in the past year—and consumer switching to virtual banks is at double-digit levels. 2016 North America Consumer Digital Banking Survey. Accenture Consulting, 2016
- 5. Core Banking And Finance Technologies 1. Artificial Intelligence 2. Machine Learning 3. Cloud-Based Infrastructure 4. Blockchain 5. API 6. Responsive Security Systems with
- 6. • 3 future-forward scenarios that identify key digital opportunities in retail banking, risk investment and wealth management • Key trends influencing the financial industry • Expert insights and leading case studies • Primary challenges and actionable solutions for industry associates • Quick initiatives to deliver highly innovative and quality products to customers, clients and advisors Download The Entire Digital Banking Playbook Report Featuring: with
- 7. with Transformation Strategies For A Connected Marketplace DIGITAL BANKING PLAYBOOK