Techfin or fintech? Incumbent banks think in terms of the former – applying technology to the financial process – while for start-ups it's the latter, in that they take the financial process and apply technology. It is a subtle difference, but an important one, says Chris Skinner.
Beyond Digital
A low interest rate environment, under-performing returns on equity, changing customer expectations, increased regulation and the UK’s decision to leave the EU are combining to create a perfect storm for banks. But the digital revolution in financial services can provide banks with the opportunity to transform business models and become winners in this uncertain and challenging environment.
The Banker’s Masterclass series, in association with IBM, explores how the digital revolution in financial services is disrupting every aspect of the traditional banking business model. The series covers the new level of collaboration withfintech start-ups via application programming interfaces, the growing importance of cognitive technology, or machine learning, and the role cloud technology can play in improving cybersecurity
Topics covered:
- Beyond digital: winning in a challenging environment
- Becoming the cognitive bank
- Radical cost take-out
- Cybersecurity beyond compliance
In conversation with:
- Likhit Wagle, Global Industry General Manager, Banking & Financial Markets, IBM
- Vivek Bajaj, Vice-President, Global Banking & Financial Markets, IBM Cognitive Solutions
- Bart Van den Daele, General Manager, Financial Services Sector Europe, IBM
- Julian Meyrick, Vice-President IBM Security, Europe
IBM Masterclass Series
IBM Theatre Sessions at Sibos 2016
Hear industry experts and IBM clients provide the latest updates on financial services technologies including Real-Time Payments, Cyber Security, Blockchain and API Economy.
Register to attend IBM Theatre sessions at Sibos 2016 - admission not required
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