Open banking six months on: where are we now? – W.UP Digital Banking Weekly

blog

07. 17. 2018

Open banking six months on: where are we now? – W.UP Digital Banking Weekly

The introduction of PSD2 (Second Payment Services Directive) in January promised so much but has it really changed the game? Although many banks missed the go-live deadline, there are clear signs of progress, too.

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Banks gone digital: time to reprice? - W.UP digital banking weekly

blog

07. 09. 2018

Banks gone digital: time to reprice? - W.UP Digital Banking Weekly

About 17% of US banking revenue now comes from digital banking and this trend shows no sign of stopping, according to Accenture. With the industry rapidly changing, however, banks will need to offer something truly new in their pricing. 

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What does the bank of the future look like? – W.UP Digital Banking Weekly

blog

07. 03. 2018

What does the bank of the future look like? – W.UP Digital Banking Weekly

There’s no doubt that the expansion of tech giants into financial services will impact the future of retail banking, especially because they offer many services for free to make buying and selling easier on their platforms. But looking ahead, how will this shape the functions and activities of retail banks?

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Open banking is still a sci-fi vision to bankers – W.UP Digital Banking Weekly

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06. 26. 2018

Open banking is still a sci-fi vision to bankers – W.UP Digital Banking Weekly

The way many financial institutions react to open banking still falls short of what open banking could do for them. And that makes them ever more vulnerable to snowballing disruption and competition. Putting off core system changes carries similar risks.

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Transformation

blog

06. 19. 2018

The best way to become a digital bank – W.UP Digital Banking Weekly

Does a bank need to die and reincarnate itself to survive digital revolution? Chris Skinner says the difficulty with launching a new bank is commitment to let it grow without interfering and giving it time, without cutting costs halfway through as the returns are not showing. Another question is how existing margin and profit can be maintained at the old bank.

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New types of banking customers to emerge: are you ready? – W.UP Digital Banking Weekly

blog

05. 02. 2018

New types of banking customers to emerge: are you ready? – W.UP Digital Banking Weekly

Technology can help financial institutions target the members of new behavioral customer segments, like the ‘precarious passives’ or ‘delayed dreamers’. Perhaps open banking is a tool as well, although high hopes on new products using open APIs could be far from current reality when it comes to personalized banking services.

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Open banking: is it to the liking of customers?

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01. 23. 2018

Open banking: is it to the liking of customers? - W.UP Digital Banking Weekly

The PSD2 directive took effect in the EU on 13 January, bringing with it the start of open banking. The prospect of a sudden revolution is likely to be thwarted by unresolved technical and regulatory issues and a lukewarm reception from consumers.

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Amazon enters banking

blog

01. 11. 2018

Tech giants in banking: will Amazon launch a bank?

US platform firms like Amazon could try to copy the success of their Chinese peers and start banking services very soon.

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Digital Banking 2018

blog

01. 03. 2018

What’s ahead for 2018 in digital banking?

The outlook is not too rosy, to say the least. With the new year already in full swing, bank executives are probably wondering what 2018 may hold for them.

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Retailers vs banks

blog

12. 21. 2017

12 marketing trends for banks in 2018 - W.UP Digital Banking Weekly

Developments in omni-channel measurement & marketing ROI and the rise of digital and data specialists will be among marketing trends for banks in 2018.

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