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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

For inspiration in banking innovation, we often look to other industries. Honkook Kim and his Gentle Monster Brand is a perfect example. With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank.

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Two Hallmarks of Successful Branch Transformation Initiatives

Celent Banking

If only… But, I got to thinking… There are at least two hallmarks of successful branch transformation initiatives, despite there being a diversity of approaches and outcomes. Most banks appear to associate branch channel transformation with radical changes in the branch operating model. Here goes: 1.

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Gonzo Goes to BAI Retail Delivery 2014: Sweet Home Chicago?

Gonzobanker

Venturo implored the crowd to build teams that include experts, collaborators, inquisitive and tenacious life learners and troublemakers and discussed the bank’s 30-120 day pilot-to-production cycle and 40% success rate (“too high because we need to push harder and fail more to create more”). The big theme was branch of the future.

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