article thumbnail

What banks can learn from Wal-Mart

Chris Skinner

Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? were put in charge of Wal-Mart’s entire domestic e-commerce operation, overseeing more than 15,000 employees in Silicon Valley, Boston, Omaha, and its home office in Arkansas. It’s a benchmark article showing how an incumbent giant finds it hard to adapt.

Omaha 277
article thumbnail

Model Bank 2017: Some First Impressions

Celent Banking

Operations and Risk. It’s certain, though, that Celent analysts will have a full plate for the next two months as we reach out to our Model Banks and complete the work of distilling their rich stories into pithy case studies that illustrate the incredible innovations banks are undertaking today. Customer Experience.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Celent Model Bank Awards: Fraud, Risk Management, Process Automation and Flub-Free

Celent Banking

A large number of the entries show that a streamlined and automated operational risk framework is critical to run a successful risk management program. Improved data analysis and machine learning capabilities also featured prominently in the winning case studies.

article thumbnail

Envel is the New Simple Bank (Fintech Startup of the Week)

Fintech Labs Insights

But, I think we have another strong contender with the latest challenger, Boston-based Envel. From the outside anyway, Envel looks to be a case study in leveraging partners’ technology to stitch together world-class features without building in house. It has the tech. It has the team. The company has publically announced $2.7M

Fintech 15
article thumbnail

Killing Strategy: The Disruption Of Management Consulting

CB Insights

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. Expertise: An experienced operator’s perspective on a problem and the different ways that it can be solved.

article thumbnail

Amex Sizzles, Big Banks Fizzle And Indian eCommerce Lives Up To Its Sizzling Hype

PYMNTS

Fall has arrived in Boston and we are sizzling. Witness the power of platforms on top of platforms operating at scale. It’s a perfect case study – happening in real time – of how platforms use their scale on both sides to enter new markets – drivers and consumers – and monetize the value of their platform.

Retail 100
article thumbnail

121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. and a dearth of people with technical, operational experience running energy facilities. The lack of people with real operational experience “hurt KiOR a lot,” says O’Connor.

Capital 78