This is a roundup of industry news and links for the week of July 15th that have informed, entertained, and inspired us.
Here’s our weekly roundup of industry news:
- How investment banks can respond to the fintech challenge – With the world’s largest institutions facing an existential threat from new fintech challengers, all eyes are on the DevOps team and their in-house lab to drive their own innovation in response. However, burdened with a legacy network and massively complex and interwoven 3rd party systems, banks’ DevOps teams are fighting on two fronts.
- 5 Pivotal Technology Trends in Retail Banking – Bank and credit union executives more than ever need to keep up with fast-changing technology. Dozens of tech trends could be listed, but experts emphasize the importance of the five covered in this report. While not every institution will be impacted equally, collectively the trends point to where banking is headed.
- How is technology changing the banking industry? – Agile banking and the technology underpinning it are reshaping the finance industry and posing a challenge about how it markets to customers. At a recent roundtable hosted by The Telegraph, Richard Davies, vice-president of digital business at DXC Technology, put the issue to two chief marketing officers at what could be viewed as opposing ends of the banking spectrum: David Wheldon, chief marketing officer at RBS, and Lisa Wood, chief marketing officer of Atom Bank.