Transactional to Transformational
How Banks Innovate
1. Edition July 2021
272 Pages, Hardcover
Through a series of case studies you are invited to meet, and learn firsthand from, the people and teams that have delivered a number of very different innovations successfully across a diverse group of banks; big and small, long established and brand new, from the east and west!
Banks featured include: Bank of America, BBVA, Citi, Crédit Agricole, Danske Bank, Deutsche Bank, ING, J.P. Morgan, Lloyds Bank, Metro Bank, N26, National Australia Bank, Royal Bank of Canada, Santander, Standard Chartered and Swedbank.
This book will equip you with ideas, tools and actionable hands-on advice. You will discover the untold stories about how these banks delivered new solutions to consumers and businesses, products as well as services, across the spectrum of buy, build and partner.
Here are some of the innovation challenges you can overcome by learning from those that already did:
* Working around legacy systems
* Limited tech resources and budget
* Secure budget and buy-in from the exec team
* Creating a culture that embrace innovation
* Compete with fintechs and big tech for new talent
* Validating actual customer demand
* Increasing speed to market whilst satisfying risk and compliance
* Retain control when partnering with third parties
* Making the right priorities
* When to shut something down
Once you have bought this book you can register on www.howbanksinnovate.com to access more in-depth material from all of the banks featured, full-length interviews and videos.
PART ONE: Buy
Chapter 1: Investing from Bbalance Ssheet - Lloyds Banking Group
Chapter 2: Invest Tthrough a Sseparate Ffund - BBVA
Chapter 3: Acquisition - Metro
Chapter 4: Acquisition - J.P. Morgan
PART TWO: Build
Chapter 5: Incubate Ideas - Credit Agricole
Chapter 6: Incubating Ideas - National Australia Bank
Chapter 7: Building Iin-house, Mmanaging Iin-house - Citi
Chapter 8: Building Iin-house, Mmanaging Iin-house - Bank of America
Chapter 9: Building Iin-house, Sspin-out - ING
Chapter 10: Building Iin-house, Sspinning Oout - Santander
PART THREE: Partner
Chapter 11: Partnering with Fintechs - Deutsche Bank
Chapter 12: Partnering with Fintechs - Danske Bank
Chapter 13: Collaborate - Swedbank
Chapter 14: Collaboration with Oother Ccompanies - Standard Chartered
PART FOUR: BONUS: Ways of working
Chapter 15: Ways of Working - N26
Chapter 16: Ways of Working - Royal Bank of Canada
Prior to his start-up career Holloman worked for the British newspaper The Times where he made a name for himself by being able to explain in an engaging and entertaining way how successful businesses adopt new technologies to defend and grow market share. Other books he has authored include How to Sell Online and The Social Media MBA series also published by Wiley, which has sold over 10,000 copies and been translated into multiple languages.
Holloman is also the Chairman of Fintech Finishers, set up to raise awareness, inspire action and introduce accountability for more diversity, inclusion and equality in the fintech industry. They do this by inviting peers to challenge each other to complete endurance races around the world, such as the Ironman in Hawaii, whilst raising money for charity.
Holloman holds an MBA from the University of Oxford.
For more information and to discuss speaking engagements, please visit: www.holloman.info.