article thumbnail

Digital dragon: Navigating Asia’s digital banking market

Accenture

Instead, retail customers and small- and medium-sized enterprise (SME) clients will use digital ecosystems to help…. The post Digital dragon: Navigating Asia’s digital banking market appeared first on Accenture Banking Blog.

article thumbnail

Little Bó peeps … creeps … and sleeps … why big banks fail at digital banks

Chris Skinner

In the latest example of a bank that couldn’t hack the digital bank market, RBS gave up on Bó last week. It surprised me as the bank only launched last November, to a fanfare of £100 million investment and the acquisition of the start-up they had been co-funding, Loot.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Going digital: Two speeds for growth market banks

Accenture

Flat economic growth and rising competition are forcing banks in growth markets to step up investment in digital technologies. But many banks are wary of committing themselves to an extensive digital transformation of their businesses. They view such large-scale change as…. They view such large-scale change as….

Marketing 372
article thumbnail

Customer intelligent marketing is not a scary thing

Chris Skinner

I grew up as a marketing guy. My first career roles were in marketing. I was trained by Kotler and Drucker, and still hold true to first principles of marketing: the 4 P’s or, if you’re not a marketing person, product, price, place and promotion.

Marketing 283
article thumbnail

Finding the Human Touch in an Increasingly Digital World

Accenture

The spike in demand for digital banking experiences caused by the COVID-19 pandemic has already reshaped the global banking industry. As our recent Global Banking Consumer Study found, the pandemic has driven a huge shift towards digital interactions in every market.

Study 259
article thumbnail

EQ Bank, Canada: a customer-obsessed bank

Chris Skinner

A few years ago, I was invited to talk with Equitable Bank in Canada about digital banking. Since then, they’ve launched their digital bank called EQ Bank.

article thumbnail

Digital smartphone banking is used by 97% of Asia’s developed market consumers

Chris Skinner

The first is a translation of an announcement from the People’s Daily, the most official newspaper of the Chinese Communist Party, discussing digital currencies.

Marketing 273