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The CEO and Chair make digital banking work

Chris Skinner

I claim that most of the banks embracing true digital transformation and not just treating digital as a channel, are led by people who understand technology. They have a leadership team who are passionate about digitalisation, and see it as a core raison d’etre of the bank’s future.

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The chasm between banks with digital leadership and those without

Chris Skinner

During #Money2020Europe Tink, the Swedish challenger bank, interviewed me on my opinions about all things finance and technology.

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Banks’ leadership teams are fatally flawed

Chris Skinner

In fact, I would be amazed if anyone who reads my blog could honestly say that digitalisation doesn’t change their business model. After all, the business model of banks was built for face-to-face interactions backed up by paper documentation; the business model of digital banks is for device-to-device interactions backed up by data.

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Six ways to increase your bank board’s tech expertise

Accenture

Good leadership is a key indicator of successful digital transformations. And yet, while the pace of digital transformation in banking is accelerating, bank boardrooms are falling behind. The post Six ways to increase your bank board’s tech expertise appeared first on Accenture Banking Blog.

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Does digital transformation actually matter?

Chris Skinner

I regularly talk about BBVA (Spain) and DBS (Singapore) as banks that are doing the right things for digital transformation. They both started early, have a leadership team who are committed and have been driving down this road with results. appeared first on Chris Skinner's blog.

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Where the AI rubber hits the banking road

Chris Skinner

I was talking with a senior banker, who told me that he was in charge of the Artificial Intelligence program in the bank. I was impressed as he is part of the executive leadership team of the bank and not the CIO.

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OCC’s New Office of Financial Technology Portends Increased Supervisory Activity

CFPB Monitor

The OCC’s announcement that it will establish an Office of Financial Technology to “bolster the agency’s expertise and ability to adapt to a rapidly changing banking landscape” should come as no surprise to those who have been following recent pronouncements of Acting Comptroller Michael J.