Despite all the evidence of disruption, there are still many retail banks and credit unions that are resisting the changes that technology is making in the financial system. If they fail to see the signs, they’re in hot water.
In today’s Breaking Banks podcast, I talk to James Haycock, co-author of Bye Bye Banks, to discuss the rapid pace of disruption and what it means for many financial institutions. Lisa Kuhn Phillips, founder of Inavision, is also here to talk about working to transform financial institutions. I catch up with Giles Andrews, CEO of Zopa, about its amazing billion-dollar milestone, and Jim Marous will be talking about why banks must go to digital account opening, plus his ‘Digital Banking Report’.
– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. You can find the original post here. Image: BoBaa22, Shutterstock