The digital banking revolution

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Publisher:
Author's Republic :
Pub. Date:
2017.
Language:
English
Description
Over the past decade financial service innovations have contributed to a completely new way in which customers can bank, threatening the status quo of traditional retail banks, and redefining a banking model which has been in place for generations. These new technological advancements have facilitated the rapid emergence of digital banking firms and FinTech companies, leading to established banks being forced to swiftly increase their pace of digital adoption to stay relevant and stop mass client attrition to these agile financial start-ups. These threats come at an inopportune time for banks due to mature markets currently experiencing stagnant growth. This coupled with decreasing profit margins due to the competitive pricing of new entrants, and financial customer loyalty becoming ever increasingly more tenuous.
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ISBN:
9781518942396
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Grouping Information

Grouped Work ID 77158fd1-3a7f-ff8c-093e-7667fa9cfb88
full_title digital banking revolution
author wewege luigi
grouping_category book
lastUpdate 2017-08-14 05:00:04AM

Solr Details

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accelerated_reader_point_value 0
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auth_author2 Cassidy, Jim.
author Wewege, Luigi.
author2-role Cassidy, Jim., hoopla digital.
author_display Wewege, Luigi
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display_description Over the past decade financial service innovations have contributed to a completely new way in which customers can bank, threatening the status quo of traditional retail banks, and redefining a banking model which has been in place for generations. These new technological advancements have facilitated the rapid emergence of digital banking firms and FinTech companies, leading to established banks being forced to swiftly increase their pace of digital adoption to stay relevant and stop mass client attrition to these agile financial start-ups. These threats come at an inopportune time for banks due to mature markets currently experiencing stagnant growth. This coupled with decreasing profit margins due to the competitive pricing of new entrants, and financial customer loyalty becoming ever increasingly more tenuous.
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primary_isbn 9781518942396
publishDate 2017
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subject_facet Business, Downloadable audio, Streaming audio
title_display The digital banking revolution
title_full The digital banking revolution [electronic resource] / Luigi Wewege
title_short The digital banking revolution