Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

Digital Banking Transformation for GAFA (Google, Apple, Facebook and Amazon)

Beyond the Everyday Bank : How a GAFA approach to digital banking transformation will increase revenues, improve customer engagement, while reducing the cost base.

Digital Banking Transformation for GAFA (Google, Apple, Facebook and Amazon)
Thanks to digital technologies, the banking industry is becoming a consumer-to-business (C2B) industry, spurred by customer experience standards being set by Google, Apple, Facebook, and Amazon (GAFA). Banks have to define clear digital agendas and allocate the right investments, between “GO Digital” and “BE Digital” and then selecting the options within each—from which business platforms to prioritize and transform (“phygital”—physical and digital transformation), to which new digital business initiatives to launch, and which key processes to digitize. The goal for banks is to be relevant at all times, for all financial and non-financial services, with consistent and fulfilling customer experiences in both the digital and physical spaces. Accomplishing this will require building partnerships, including those with financial technology companies (FinTechs), and leveraging the power of real-time analytics.

Download below the report (PDF 12 pages)

Les médias du groupe Finyear

Vendredi 22 Avril 2016