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Winning in the Digital Economy. This opens a new window.

 

Winning in the Digital Economy. This opens a new window.

WINNING IN THE DIGITAL ECONOMY

Learn how banks can change their business models in revolutionary ways to maintain future growth value and win in the digital economy.

DOWNLOAD THE REPORT [PDF]

TAKE A WALK ON THE DIGITAL SIDE IN THIS INTERACTIVE VIDEO

Four banking archetypes with four unique stories to tell. See which feels right for your business.

Play the video and select each path:

  • Digital Relationship Manager

  • Digital Category Killer

  • Open Platform Provider

  • Utility Provider

 

TIME TO GO SHOPPING FOR
A NEW BUSINESS MODEL

FOUR BANKING ARCHETYPES THAT
CAN SUCCEED IN A DIGITAL WORLD

UPSIDE
Customer relationships deepen in a seamless flow of information and transactions across integrated physical and digital channels.
DOWNSIDE
There is only so much space. For most banks this model is aspirational and cost-prohibitive.
UPSIDE
The swagger of best-in-class brand value means competitors are quickly eliminated.
DOWNSIDE
Success rides on competitors’ inability to perform this service as well, and the focused path may offer few opportunities to expand.
UPSIDE
Offering an array of capabilities, like open APIs and brokerage services, this business model builds trust and attracts new market entrants.
DOWNSIDE
It can be challenging to remain distinctive and avoid being absorbed by the broader network of social and transaction platforms.
UPSIDE
As fee-based businesses suffer deflation due to tech innovation, being in the pure balance sheet business could be very attractive.
DOWNSIDE
Being the functional plumber of the banking industry may seem unglamorous, and giving-up on customers may seem daunting.

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