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Banking Transformation: Insights from Lloyds and Santander UK

Planview

With the holiday season in full swing and a global recession predicted sometime in the new year, banks remain committed to investing in modernized technology through digital banking transformation efforts vs. traditional cost-cutting routes. “Retail banking customers are expecting more from their banks.

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Blockchain: Distributed Shared Ledger Technology in Banking

hackerearth

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. An overview of Blockchain in Business Process Management (BPM). Overview of Blockchain in business process management. Source: Banking on Blockchain.

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Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. caption] Fighting Fire with Fire.

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New Business Designs can be delivered through a Business Ecosystem Approach.

Paul Hobcraft

Are these pressures in their known and emerging markets posing future threats for businesses and whole market sectors? Markets today are radically changing and are more demanding. Finance and Banking: Challenges: Disruption by fintech, regulatory changes, and the shift towards digital banking.

Design 147
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Have the Banks already been Disrupted?

Matthew Griffin

Banks were once the corner stone of the community but today their industry is being disrupted and disintermediated. There were two quotes that stood out for me and they were “My children don’t see Banks as a brand any longer” and “ We’re at risk of being turned into dumb pipes”. No, I just can’t be bothered.

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Seven impacts Open Innovation can have on your bank!

mjvinnovation

It is no coincidence that the financial market, banks specifically, are among the most innovative. The disruptive initiatives that have emerged with external partnerships have kept this sector at the peak of global Innovation. . Keep reading to understand this movement and see what the main benefits of Open Banking are!

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Preserving and/or Disrupting

Jeffrey Phillips

I'm reading a lot about "disruptive" innovation from firms that I think have a lot to protect and preserve. Can you simultaneously protect and disrupt the same product, segment or market? So what are all of these corporations disrupting? So what is everyone "disrupting"? But in reality GM isn't disrupting anything.