- A Guide to Innovation and Partnering
- Narrated by: Steven Menasche
- Length: 9 hrs and 8 mins
- Unabridged Audiobook
- Release date: 24-03-15
- Language: English
- Publisher: Audible Studios
Consumers are rapidly abandoning traditional banks in favor of institutions that are lower-cost and more consumer-centric. Between the pace of financial regulatory reform and the cloud-computing revolution, the old banking model is on the fast track to extinction. Virtual Banking provides the information banks need to compete in this new environment,and details the integral implementation actions that will allow them to thrive. The audiobook discusses real-world innovations from banks, nonbanks, and up-and-comers and the heavy competition from the new outsource bank model. Topics include:
The changing POS landscape and the need for digital-wallet partnerships
Shifting gears to greenfield market opportunities versus nonprofitable markets
Digital channel best practices for superior customer experience
When to outsource and what capabilities to truly own
Case studies including PayPal, Google, Square, Facebook, Twitter, and more illustrate acceleration of innovation through banking partnerships as well as the mechanics behind banking's biggest, scariest threats.
The trick to surviving the paradigm shift is to embody innovation while providing a superior customer proposition.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
Regular price: £19.39
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Customer ReviewsMost Helpful
By Ted on 09-06-15
Provided guidance, structure, with great examples of best practices to follow and successfully compete in the market sector .
1 of 1 people found this review helpful
By Xiang on 21-05-17
nice story with a lot of insights
A lot of insigjts, worth listening again. The only problem is that some points are not.covered in detail.