“In the digital era, how firms create and capture value has changed profoundly. But with digital transformation, many firms are leaving substantial value on the table, getting caught up in “doing” digital transformation rather than staying focused on how they will create and capture value with digital. To do this, first companies need to understand…
Tag: Fintech
FinTech Partnerships Pave Path for Branchless Banking
“PYMNTS’ own studies show that a majority of consumers love digital banking features and are happy using digital banks and FinTechs. But fewer than 10% use them as their primary account. ‘It’s embedded banking in multiple places and digital experiences and throughout the customers’ daily lives,’ she said, to which Nowicki observed about the rise…
Fintech rise forces retail banks to pivot, says report
“Customers are pivoting to competitors that offer more personalised, bespoke experiences, leaving retail banks lagging behind. That’s according to the World Retail Banking Report 2022 (WRBR) published by Capgemini and Efma. The survey showed that 75% of customers are attracted to the cost-effective, seamless services offered by fintechs and traditional banks simply cannot keep up….
The Growing Domination Of Chime, Cash App, And PayPal In Banking
“More than a quarter of Gen Zers (21 to 26 years old) and nearly a third of Millennials (27 to 41) now call a digital bank their primary checking account provider. Among Gen Xers (42 to 56), the percentage who have their primary account with a digital bank grew from 8% to 22%. Overall, six…
Credit Union, Bank, Finance Conferences in 2022
The world is beginning to re-open and so I began to wonder, “are there any interesting in-person conferences in 2022?” Here’s a quick list of ones that caught my attention. AI in Finance – Apr 21 – New York Finovate Spring – May 18 – San Francisco Digital Banking – June 13 – Austin Jack…