Digital Banks have a completely different culture to Physical Banks


Another day, another challenge.

Again, it’s to do with the move from the physical distribution of paper to the digital distribution of data (my favourite mantra of the moment) and the way in which things change.

Think of it this way, I’m talking to a company about relationship management.

Their view: it all comes down to a trusted advisor and that person is your human connection in the branch.

Very true.

That relationship is where the trust lies, not with the bank or the industry or the brand, but with the human or humans you deal with in the branch.

Yes, absolutely.

When we talk about rebuilding trust in banking, the trust was lost in the industry, the bank and its brand, but not with the human you relate to in the bank: your personal account manager. 

I totally agree.

Read more at Financial Services Club Blog

Digital Banks have a completely different culture to Physical Banks

Filialgeschäft vor dem Umbruch


Einer kürzlich veröffentlichten Studie zufolge steht das klassische Filialgeschäft, nicht zuletzt durch die digitale Revolution, vor einem gewaltigen Umbruch und die Wachstumsaussichten sind eher bescheiden.