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The Digital Banking Revolution

The Digital Banking Revolution

Paperback (16 Jan 2017)

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Publisher's Synopsis

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.

Book information

ISBN: 9781365685873
Publisher: Lulu Press
Imprint: Lulu.com
Pub date:
Language: English
Number of pages: 166
Weight: 262g
Height: 152mm
Width: 228mm
Spine width: 18mm