article thumbnail

The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Every year, digitization further rattles the relevancy of the traditional hierarchical banking organization.

article thumbnail

NEW REPORT: State Street Chief On Cost-Benefits Of AI

PYMNTS

Growth in financial institutions’ (FIs) investment in AI comes as banks look to streamline their operational costs. A recent study estimated that investment in AI could result in a 22 percent reduction in operational costs at FIs, collectively saving them as much as $1 trillion by 2030. Around The Digital Banking World.

Report 101
Insiders

Sign Up for our Newsletter

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

article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The Lesson : credit and risk professionals can be a pain sometimes, but they keep banks inside the lanes for long-term value creation. GonzoBankers, 2019 was a year of extremes. Well done, sir!

Idaho 148
article thumbnail

The system versus the individual

Lex Sokolin

When applied to more practical Fintech questions, our conclusion is that shifting the entire structure of a system is far more difficult than implementing some point solution within that structure. If we were to search for “Head of Digital Assets” job postings in 2030, it will look a lot like the “Chief Data Officer” graph above.

System 52