Bankruption how community banking can survive fintech
| Otros Autores: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
Wiley
2017.
|
| Edición: | 1st ed |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009849120106719 |
Tabla de Contenidos:
- Cover
- Title Page
- Copyright
- Contents
- Preface
- Introduction
- Additional Thanks
- Chapter 1: An Overview of the Bankruption
- Community Banking Has No Future
- Community Banking Relies Too Heavily on Physical Proximity
- Today, Data Proximity Yields Intimacy
- Data Proximity Has Cast a Very Bright Light on the Cracks of Banking
- Chapter 2: Community Banking Is Broken
- What Is Community Banking?
- 1. Relationship Data-Based Lending: Just How Valuable Is That Soft Data?
- 2. Geographical Focus: Bank Local, and All That, Right?
- Where Are All the Institutions Going?
- FDIC's Three Reasons for Bank Charter Consolidation
- Voluntary Closures
- Bank Failures
- Few New Banking Charters
- Depopulation and Charter Consolidation Aplenty
- Branch Banking Realities
- Legislation Propelled Branch Numbers around the Country
- Branch Density Sustains, for Better or Worse
- The De Novo De No-No
- These Days, There Are Plenty of Reasons Not to Start a Bank
- When You Have a Limited Supply of New Banks, Community Banking Suffers
- The Rise of the Challenger Banks
- The United Kingdom Has Nearly 1,000 Financial Institutions, and It Wants Even More Banking Competition
- This Has Given Way to the Creation of "Challenger Banks
- The New Challengers Will Not Be Universal Banks
- A Few of the Challengers and What Makes Them Interesting
- In China, New Banks Spring from Digital Giants
- A Quick Overview of the Fintech Landscape
- Fintech" Is Nothing New
- Fintech" Is Not Necessarily Adversarial to Financial Services Companies
- Fintech" Does Not Mean "Startup Company in Financial Technology or Financial Services
- Most Financial Services Companies Are Not Fintech Companies (Yet)
- Fintech" Can Be an Adjective
- Fintech" Can Be Delivered One of Three Ways
- The Consumer Is the Change Agent
- Fintech Is the Feedback.
- Chapter 3: The Opportunity for Community Financial Institutions
- Doing Nothing Is Safe, but It's Also Foolish
- Expand Your Mind
- Correlation Does Not Imply Causation
- Because the Real Problem Is Inaction
- Call It "Toe in the Water," "MVP," "Whateveryouwant," Just Try Something
- Reputational Risk Is Mitigated When You Do It Right
- It's Not a Family
- It's a Team
- Train or Fire the People in Your Organization Who Say, "I Don't Do Numbers
- Bad People You Must Push
- Good People Push You
- Pressure Wash the Barnacles
- Much Ado about Branching
- Look at the Retail Industry as a Corollary
- The Five Words That Will Kill: "How May I Help You?
- As Andy Greenawalt Says, "You Are Misusing Your Humans
- Do Not Let Sacred Geese Live
- Market Your Market
- Purpose Can Drive Change, Too
- Shift to a Digital Community
- Price Is Only a Concern in the Absence of Value
- Overcoming the Challenges of the Digital Branch Starts with You
- Welcome to Digital Community Banking
- Move over Millennials
- Make Way for iGen
- Beware the Culture Danger
- Understand Your Technology
- Your Foundation Could Be a Bit Shaky
- And So, the Story Goes, "Free Your Data
- A Reliance on Professional Services Means You Get to Focus While Your End Users Get Best-of-Breed Offerings
- It's Not about Having Access to "Data," It's about Focused Direction
- Partner, Don't Incubate
- Skip the Writhing, Pleading, Grasping at Straws Thing
- Be Interested, Not Desperate
- Some Thoughts about Working with Fintech Startups
- Get More Efficient and More Proficient with Partners
- Scale Delivers Results
- For about Fifty Years, the Most Convenient Bank in the United States Was the US Postal Savings System
- Brand Power
- The Average Consumer Cares Very Little about Your Customer Service
- Which Takes Us Back to the Scale of Brands.
- And Today's Consumers Think Product Experience-First
- Improve Your Member Associations
- A Bit about the Banking and Credit Union Associations
- The "Endorsement" Problem
- Push Your Respective State and National Associations to Adopt More Contemporary Standards for Endorsed Vendor Review
- Work with Entrepreneurs
- Embrace the Entrepreneurial Generation with Small Business Guidance
- This Ubiquitous Go-Millennial Write-up Ends with a Rare Pro-Boomer Stance
- Chapter 4: Advice from Others
- And, We Are in the Future
- Advice from Others Much Smarter Than Myself
- Pascal Bouvier, CFA
- Jim Bruene
- Jill Castilla
- Hal Coxon
- Penny Crosman
- Matt Davis
- Julie Esser
- John Fishback
- Andy Greenawalt
- Matt Harris
- Pradeep Ittycheria
- Alex Jiménez
- Brett King
- Dan Latimore
- Jim Marous
- Scott Mills
- JP Nicols
- Suresh Ramamurthi
- Steven J. Ramirez
- Phil Ryan
- Ron Shevlin
- Scarlett Sieber
- Shari Storm
- Lee Wetherington
- Chapter 5: Finishing Move
- An Introduction to the End
- We Expect More with Each Passing Day
- The Future of Retail Banking Will Be Optimized
- There Is No Doubt: Modern Retail Banking Is Dreadful
- If I Have to Think about My Banking, You're Doing It Wrong
- As an Accountholder, I Know I'm Getting Messed Over with My Money-Somewhere
- The Year Is 2030, and No One Thinks about Banking
- There's at Least a Decade until 2030
- Here's the Tough List
- I Hope That's Enough to Get You Started
- About the Author
- About the Companion Website
- Index
- EULA.
