Digital Bank - Strategies to Launch or Become a Digital Bank

Chris Skinner

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Post demonetization, digital banking has become a imperative topic across India. The way we look at banking has changed and the common man is also now more interested in banking than ever before. As the banking world is being transformed from a world of branches to digital financial experiences, with new partnerships, new forms of commerce and even new currencies, Chris Skinner captures the scope and impact of these changes in an easy-to-read format.

The book looks at some key questions that help you understand the changing world of digital banking :

- Designing Digital Banks without Branches

- Building Relationships through Digital Banking

- Technologies Create a Digital Bank Storm

- Digital Banks Fight Data Wars

- Making Digital Banks Secure Along with innovations in banking and a The book presents interviews with some of the world’s most innovative Financial Technology leaders which are case studies that no traditional or digital banker should ignore,

including : - Barclays Bank (UK): Mike Walters

- Bitcoin (Global): Donald Norman

- Fidor Bank (Germany): Matthias Kröner

- Moven (USA): Brett King

- Swift (Global): Kosta Peric

- First Direct (UK): Paul Say ….. and more.

This book is about the future of banking and a must read for every banker, businessman, student and professional.

What will you learn from this book

  1. Digital Transformation:

    • Embrace digital technologies to transform traditional banking processes.
    • Focus on creating a seamless and user-friendly digital experience for customers.
  2. Innovation and Technology Adoption:

    • Stay abreast of emerging technologies such as blockchain, AI, and cloud computing.
    • Innovate in product offerings and services to meet changing customer expectations.
  3. Customer-Centric Approach:

    • Prioritize understanding customer needs and preferences.
    • Tailor digital solutions to enhance customer satisfaction and loyalty.
  4. Agile Development:

    • Adopt agile methodologies for software development to respond quickly to market demands.
    • Iterate and evolve digital offerings based on feedback and performance metrics.
  5. Security and Compliance:

    • Prioritize robust cybersecurity measures to protect customer data.
    • Ensure compliance with regulatory requirements in the digital banking space.
  6. Data Analytics and Personalization:

    • Leverage data analytics to gain insights into customer behavior.
    • Offer personalized financial solutions and recommendations based on customer data.
  7. Partnerships and Ecosystems:

    • Explore partnerships with fintech companies and other players in the digital ecosystem.
    • Collaborate to enhance the range and quality of digital services.
  8. Mobile-First Strategy:

    • Recognize the increasing importance of mobile platforms in banking.
    • Develop mobile apps and services that are intuitive and user-friendly.
  9. Continuous Learning and Adaptation:

    • Cultivate a culture of continuous learning and adaptation to technological advancements.
    • Stay nimble to adapt to changes in the competitive landscape.
  10. Strategic Vision and Leadership:

    • Develop a clear strategic vision for the digital transformation journey.
    • Provide strong leadership to guide the organization through the challenges of becoming a digital bank.
Language English
ISBN-10 9386450364
ISBN-13 9789386450364
No of pages 315
Font Size Medium
Book Publisher Embassy Books
Published Date 01 Jan 2017

About Author

Author : Chris Skinner

1 Books

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