Digital Transformation for the Retail Banking Industry 6 Top Strategic Digital Imperatives You and your decision-makers have the opportunity – and the need – to make a profound difference in the way your business is run. PwC Retail Banking 2020 Overview. Commercial Banking Global Banking & Markets Wealth and Personal Banking ... Our strategy positions us to benefit from long-term global trends, despite near-term headwinds from softening global growth and lower interest rates. All Time. Technological advancements such as AI are fueling efforts to evolve customer onboarding and touchpoint processes. retail banking space available from various sources as per details below were reviewed to have an understanding of the international practices and strategies. In this role, she leads strategic client portfolio, go-to-market strategy, and the coordination of Deloitte's global network to help banking clients address their strategic priorities and respond to regulatory, technology, and growth challenges. Growing competition from BigTechs, FinTech firms, and challenger banks has added to the complexity created by increasingly stringent regulatory and compliance requirements. This framework is the digital-first platform, supported by four pillars – omni-channel banking, smart banking, modular banking and open banking. Improve your top-line growth, by bringing more people to your products. If you continue browsing the site, you agree to the use of cookies on this website. Up Close and Personal Banking Not to be outdone by McKinsey, the Boston Consulting Group weighed in with their prescriptions for banks in Retail Banking … Strategic Review of Retail Banking Business Models We are already taking action to deal with harm 1.11 We are taking steps to act on identified and potential harms. Powerful forces are reshaping the banking industry, creating an imperative for change. View Retail Banking Operation PPTs online, safely and virus-free! Gamification of retail banking services can open a treasure trove of user information. Clipping is a handy way to collect important slides you want to go back to later. Senior banking executives face a vexing dilemma. RETAIL BANKING SOLUTIONS. Achieve a 360-Degree View of the Customer ~10 mins. Retail strategy. See how Oracle Retail Banking solutions can help you digitize processes, enhance customer experience, decrease costs, remove manual processing, and reduce time to funding. Retail Banking 2020: Evolution or Revolution? Being a relatively complex business requiring a number of capabilities, it’s less susceptible to commoditization than retail banking and less price-sensitive than credit and ancillary services to large corporates. Steps you might take. Deals Digital Regulation Risk Transformation. Strategic choices for banks in the digital age. Set up a control tower process to evaluate which costs can be trimmed or eliminated. TD NEWCREST INVESTOR MEETINGS, APRIL 2004 Retail Banking Strategy ROB PEARCE President & Chief Executive Officer PCCG April 14, 2004 Retail store layout design and planning | smartsheet. Technology geared toward improving retail banks' operational efficiency is positively impacting the market. Developing a Strategic Plan for Brac Bank Ltd. for 2020. ppt Article (PDF -682KB) Banks that know where to look can find new sources of untapped value. You can easily use them to give a new visual appeal to your slideshows. This will catch your audience’s attention and will make sure you leave an everlasting impact on them. Add to Favorites. Customers now expect a seamless customer journey and personalized offerings because they have become accustomed to top-notch individualized service from GAFA giants Google, Apple, Facebook, and Amazon. Benefits for customers . endstream endobj 21379 0 obj <>/Metadata 570 0 R/OCProperties<>/OCGs[21399 0 R]>>/Outlines 640 0 R/PageLayout/SinglePage/Pages 21372 0 R/StructTreeRoot 683 0 R/Type/Catalog>> endobj 21380 0 obj <>/ExtGState<>/Font<>/Properties<>/Shading<>/XObject<>>>/Rotate 0/StructParents 0/Type/Page>> endobj 21381 0 obj <>stream Choices made today will impact not just current business, but the long-term stability of your company. Incumbents are exploring point-of-sale financing and unsecured consumer lending, while they also boost their digital channel competencies to reach a broader customer base. Learn new and interesting things. See our Privacy Policy and User Agreement for details. Design for the Long Term. With flexible experience and product engines, you can provide relevant and precise products at the right time. Services offered include: savings and checking accounts, mortgages, personal loans, debit cards, credit cards, and so 3. See our User Agreement and Privacy Policy. BUSINESS GOALS TARGETS Explain how it will help Describe the next steps • Achieve business growth of Rs XYZ over next 5 years/ 2020 (year-wise breakup), CAGR of 24% for 5 years • Break-Up: Savings Account, Current Account, Retail Assets, SME Assets, Agri Assets, Third-Party Financial services is undergoing a paradigm shift that is forcing incumbent retail banks to rethink growth strategies as they struggle to remain relevant. Share yours for free! Bank collaboration with FinTech and RegTech partners is becoming commonplace. A professional approach to revealing and deciphering those traces lets banks study their customers better. Regulatory landscape: the programme of regulatory reform following the financial crisis of 2008, which has increased the minimum levels of capital which banks are required to hold against assets on balance sheets, and reduced the maximum leverage banks can use. Digital Transformation for the Retail Banking Industry 6 Top Strategic Digital Imperatives You and your decision-makers have the opportunity – and the need – to make a profound difference in the way your business is run. Six digital growth strategies for banks. Real impact. Retail strategy. Banking Innovation PowerPoint PPT Presentations. Review all inflight projects and recent proposal selections. See the Customer-Centric Sales Process in Action ~10 mins . But cutting indiscriminately or too deeply may severely hamper the ability to grow revenues when the economic outlook improves. Link: https://www.capgemini.com/top-trends-in- * There are several implications of this definition of business strategy in retail banking. There is a similar pattern in commercial banking as well. Incomplete ~30 mins. Use a similar process to review all new costs to separate the “must haves” from the “nice to haves.” 2 Retail strategy ppt | retail | sales. 17 Likewise, at Nubank, a Brazilian digital bank, the number of accounts rose by 50%, going up to a total of 30 million. �0�&�X2 "D؀m �� $�0��lqc@zUA� �����,���q0��Oy ` �� • Retail banking is when a bank executes transactions directly with consumers, rather than corporations or other banks. This Digital Transformation Strategy Roadmaps PPT deck contains: 17 diagrams and illustrations to show digital transformation strategy and steps, development roadmap, areas and stages of transformation, timeline and application in industries Universal style diagrams in a modern flat filling style that fits any visual identity style (feel free to adapt colors to your brand ones). The changing ecosystem offers established banks new, unexplored opportunities and encourages a transition beyond traditional products to meet the exacting requirements of today’s customers. Financial services is undergoing a paradigm shift that is forcing incumbent retail banks to rethink growth strategies as they struggle to remain relevant. Branches 208 Customers 0.7m Employees, FTEs 2 037 Total revenue EUR 169m Market rank 14 . Some of these will be particularly useful in retail banking operations: Functional area. tags ~30 mins. channel strategy found in: Channel Marketing Strategy Template Ppt PowerPoint Presentation Outline Gallery, Channel Strategy Ppt PowerPoint Presentation Infographic Template Icon, Sales Channel Strategy Chart Powerpoint Show,.. 21432 0 obj <>stream PwC Retail Banking 2020 5 Against this background, 70% of global banking executives believe it is very important to form a view of the banking market in 2020 – to understand how these global trends are impacting the banking system in order to develop a winning strategy. ��t?�80�Wt40�1GsFGCKD�D�R�FH�A"�� "A� P��d�R�(�� ������?�A�� ��)� �m��r��L����3�0�3~���}���K��C7�s�I��%��j3� �*�׉��m/$^�8wf��'�T6�~C �3�MX�1�u%��Q � �+�� PwC Retail Banking 2020 5 Against this background, 70% of global banking executives believe it is very important to form a view of the banking market in 2020 – to understand how these global trends are impacting the banking system in order to develop a winning strategy. With these steps, you will be on the path to achieving collections and recovery excellence. Fintech Strategy Roadmap for Community Banks 5 2 Ibid. lResearch Reports on different facets of Retail Banking across the globe by renowned consulting agencies, Universities and domain players in the technology space. 21378 0 obj <> endobj We have been able to grow retail advances faster than Industry by focusing on our core strengths 9 36% 41% 45% 47% 50%3.84 FY13 FY14 FY15 FY16 FY17 1.54 2.07 2.76 5.03 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 58% 66% 65% 68% 72% FY13 FY14 FY15 FY16 FY17 Banking Industry Retail Advances Axis Bank Retail Advances 65 88898 112 139 168 Improving operating performance across all of our regions: - We have a clear focus on simplification and efficiency in Europe and evolve towards one European banking platform; - deliver profitable growth in the US leveraging Group capabilities; Banks need to choose what posture they want to adopt - to lead the change, to follow fast, or to manage for the present. • A retail bank is a bank that works with consumers, otherwise known as 'retail customers'. Now customize the name of a clipboard to store your clips. Add to Trailmix. Get complete study material, books syllabus, ppt, courses, question paper, questions and answers. Temenos retail banking software uses predictive embedded analytics to help you better understand your customers. STRATEGIC PLANNING A bank’s board of directors is responsible for, among other duties, overseeing the bank’s strategic direction and providing senior management with risk parameters within which to exercise their business discretion. Innovate, accelerate and drive your digital transformation, offering your customers an unparalleled money management and digital banking experience. Looks like you’ve clipped this slide to already. RETAIL STRATEGY RETAIL STRATEGY A clear and definite plan outlined by the retailer … learn more about predictive analytics . Respondents aren’t sure who will be the primary beneficiaries of these trends. Customers now expect a seamless customer journey and … Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Executives are divided as … All of this must be accomplished in an environment of limited resources and a need for near-immediate return on investment. A$P��c~ϩ�7��`(��a52����� �dž��l���3��0j2^q���Q^ޑ�^9k�t����g2�|(��k�������XY~�h?s�Q��x���T�C�2�l΋���R��W�g{��F��w��g1_(?��w�#Ш}� Build a customer-centric sales model for your bank. The areas where most banks are increasing innovation investment are customer service/experience (84%) and channels (82%), followed by processes (67%), products (63%) and sales … As you can see, the set includes all kinds of high-definition Retail Banking PPT slides. Retail banking ppt 1. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Omnichannel strategies and digital transformation in retail. Choices made today will impact not just current business, but the long-term stability of your company. The retail banking industry faces an unprec-edented need to invest in new operating efficiencies while reducing costs. What is retail bank? Future of Retail Banking. INTERNATIONAL BANKING MODULE A. Prof. B.B. Incomplete ~30 mins. Each of these four pillars is fundamental to success in the banking industry of the future. At the time we undertook to provide an update in a year’s time. 21398 0 obj <>/Filter/FlateDecode/ID[<6047A7517E0E4246ABC03D448A29B2B8><9CEA51368EB7A44C9F97054DD9B5736B>]/Index[21378 55]/Info 21377 0 R/Length 94/Prev 841553/Root 21379 0 R/Size 21433/Type/XRef/W[1 2 1]>>stream Available on these trails. Community banks are not strangers to change. Our analysis of the top retail banking trends for 2020 offers a glimpse into the fast-changing banking ecosystem and explores the tools and solutions being used to face new-age challenges. 1. 8/27/09 ... – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: f3137-YTY5M We Understand What You Need. Strategy in retail banking is the creation of a valuable and unique position and the preservation of that position by the bank’s employees. Banks are beginning to accept open APIs and are working with third-party specialists to create an open shared marketplace. ����@ DOWNLOADS Open interactive popup. Whether your company is in three countries or a dozen, using these six strategies can help your treasury avoid the common headaches of banking outside your home market and get a centralized international banking structure up and running. See the Customer-Centric Sales Process in Action ~10 mins . %%EOF When Barclays’ management team developed that strategy, they considered four major changes that are transforming the banking landscape. 2 1 February, 2012 Context for Investor Day Retail & Business Banking are important contributors to the Nedbank Group Following a thorough strategic review of the retail business, an Investor Day was held in January 2011 to outline the charting of a new path to sustainable, profitable growth. RETAILBANKINGBy Amit kumar saini 2. Asia is forecast to continue to take a larger share of global GDP. Achieve a 360-Degree View of the Customer ~10 mins. Retail Business Model found in: Retail Business Model Ppt PowerPoint Presentation Inspiration Graphics Design Cpb, Managing Retailing Wholesaling And Logistics Business Ppt PowerPoint Presentation Model Background, Templates Free.. Download Banking and Insurance Notes PDF 2021. First, a retail bank should carve out a market position that is supported by its unique strengths. Retail marketing. Retail strategy action plan presentation june 14, 2017. B ���� Retail banks have long competed on distribution, realizing economies of scale through network effects and investments in brand and infrastructure. For instance, 44% of retail banking customers said they are using their primary bank’s mobile app more often. November 2019 Through Purple, accountants and entrepreneurs have been onboarded and invited to share their deepest requirements … If just 1% of the Wells Fargo employees have to make one banking presentation every month, we are talking about 28,800 banking ppt presentations every year, and this is just one bank, and only in the U.S. Retail Banking presentation Michael Rasmussen, Head of Retail Banking • Retail Banking: Overview • The foundation for steady growth • Strategic direction 2 • The starting point for Retail Banking – a fully diversified Retail Bank . Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. endstream endobj startxref 18. Open interactive popup. Incomplete. about the strategy of retail. Global wealth is expected to continue to rise, supported by a faster pace of growth in Asia. If just 1% of the Wells Fargo employees have to make one banking presentation every month, we are talking about 28,800 banking ppt presentations every year, and this is just one bank, and only in the U.S. But even those scale economies had limits above a certain size. We do that by combining our strategy consulting expertise with the vast capabilities of the network, to help you move your business forward with confidence. Free Retail Sales Strategy PowerPoint Template design with the image of hangers in a shop is an awesome match for the shopping malls and garments shops. Sort by: Internet Banking Services ... Commonwealth Bank of Australia Bank of Thailand Conference Modernizing Our Financial - CBA Strategy 1. Add to Favorites. Put Customer Needs at the Center of Sales Practices ~10 mins. Get the demo. A STRATEGIC ANALYSIS OF CAPITEC BANK LIMITED WITHIN THE SOUTH AFRICAN BANKING INDUSTRY By Michael Coenraad de Lange Submitted in partial fulfilment of the requirements for the degree of MAGISTER IN BUSINESS ADMINISTRATION at the Nelson Mandela Metropolitan University Business School Research Supervisor: Prof JA Jonker November 2013 If you continue browsing the site, you agree to the use of cookies on this website. INTRODUCTION “Retail banking is typical mass-market banking where individual customers use local branches of larger commercial banks. As a result, in most retail-banking markets, a few large institutions, operating at similar efficiency ratios, dominate market share. Poland . Customer Service Strategies for the Retail Banking Industry 6 of 20 Factors That Lead Customers to Shop Around More Because many banking products are undifferentiated commodities, retail banks are con-stantly looking for ways to set themselves apart from the competition to help them win and retain customers and improve the bottom line. h�b```�� Incomplete. Fintech Strategy Roadmap for Community Banks 3 FINTECH STRATEGY ROADMAP EXECUTIVE SUMMARY Community banks are, and always have been, innovators focused on the prosperity of the customers and local communities they serve. ING Investor Day: From Good to Better - William Connelly, member Management Board Banking, CEO Commercial Banking (PDF 1,5 MB) ING Investor Day: Benelux creating value and ready for the future - Hans van der Noordaa, member Management Board Banking, CEO Retail Banking Benelux (PDF 0,6 MB) Retail banking 2020 evolution or revolution? Incomplete. 2020/. A game requires actions, and actions leave digital traces. Add to Trailmix. %PDF-1.5 %���� 0 Just over half (54%) believe that large banks will be the winners, while the other half (46%) see smaller banks capturing share through increased differentiation. At the same time, it needs to improve customer experience across all channels and offer consumers more targeted products and services. Article (PDF-682KB) Despite the headlines about digital disruption in financial services, big banks are actually holding their own. Incomplete. This guide takes it one step further, providing retail banking collection and recovery professionals with actionable tips to start improving their operations from today forward. There is no one-size-fits-all model to international banking. Banking business models of the future Dr. Daniel Kobler Partner Banking Innovation Leader Deloitte Dr. Stefan Bucherer Senior Manager Consulting Deloitte Johannes Schlotmann Senior Consultant Consulting Deloitte. Nowadays online shopping is also on peak and this original template is also suitable for presentations or discussions on online shopping by keeping this PPT template in the background. Top Trends in Retail Our strategy is based on 3 pillars, which will drive our performance in 2020 and beyond:. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. This is the kind of undertaking that will require banks and credit unions to stretch outside their comfort zone; instead of uncoordinated initiatives they need to tackle digital transformation as a comprehensive, enterprise-wide strategy — one that’s lead from the very top by the C-suite, with the CEO firmly at the helm. Considering that banking, just like the law and accounting industries is a very bureaucratic industry, the need for reports and presentations is much higher than in other industries. Get ideas for your own presentations. Property & Casualty Insurance Top Trends 2021, Capgemini’s Connected Autonomous Planning, No public clipboards found for this slide, Senior .NET Developer at VTC Technology & Digital Content, FinTech | Digital Banking | Innovation | CX | OpenBanking | Growth. In this difficult economic environment, there is great urgency to reduce costs and improve efficiency. For more than 150 years, community banks have evolved in step with the technological changes occurring … Digitization, automation, and analytics have disrupted much of the retail banking and wealth-management worlds already. tags ~30 mins. Overview of CBA & the Australian Regulatory Reform Process Commonwealth Bank of Australia CBA History and Growth Strategy 1911 ... CBA Strategy 1. h�bbd``b`� $ &�MH0��< �\ Corporate. 1. Bhattacharyya ... On maturity of BOE, the FA presents the instruments to the Aval for payment. Growing competition from BigTechs, FinTech firms, and challenger banks has added to the complexity created by increasingly stringent regulatory and compliance requirements. Fintech is no different. Careers with Strategy& Real challenges. Retail Banking System 2. Put Customer Needs at the Center of Sales Practices ~10 mins. Build a customer-centric sales model for your bank. 1. Open interactive popup. Sales Strategies for Retail Banking. Help with saving and controlling daily expenses. Many are downloadable. Show: Recommended. Retail banking distribution is an increasingly digital proposition, with customers accessing more services on their smartphones and desktops—even in countries that are not considered digitally advanced. Increasingly, banks are turning to design thinking methodology to understand the customer journey, extract deep insights, and develop a more refined user experience across the customer lifecycle. Careers. To further help you maximize your results, we provide dedicated customer support on our products as well. ... and what they need to do to develop a winning strategy. Considering that banking, just like the law and accounting industries is a very bureaucratic industry, the need for reports and presentations is much higher than in other industries. Executives are divided as … Difficult as strategic choices may be, banks are finding it even more challenging to adapt their operating models quickly to a new strategy—indeed, it’s often the biggest obstacle to implementing a distinctive strategy. Banking: 2020 Available on these trails. But thanks to the effective sales strategy in banking industry through their employees training programs, those bank tellers who are knowledgeable of what they can offer or what to answer when asked of the company’s services are placing themselves in a sellable position. You can change your ad preferences anytime. Incumbents only have a short period to adjust to this new reality or risk becoming obsolete. Real people. Presentation on retail banking system 1. Retail banking is based on understanding customers, creating and marketing new products that directly address their needs. 8 | INNOVATIVE TRENDS IN RETAIL BANKING Purple has been shaped, developed and tested according to traditional Design Thinking principles that call for a deep understanding of end users’ needs, encouraging co-creation in every step of the design and development journey. This is reflected in the 8th Annual Innovation in Retail Banking Report from Efma and Infosys Finacle, where the proportion of banks with an innovation strategy increased only marginally in 2016. 3. Bank of America’s business banking app witnessed a 117% growth in mobile check deposits. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Article (PDF -350KB) Consumers around the world are quickly adopting digital banking. SMEs’ economic role, moreover, is substantial. But large sections of the commercial banking world still rely on manual processes, despite their replacement by technology platforms at several banks. Time to achieve. Sales Strategies for Retail Banking. View 7278627-Retail-Strategy.ppt from MARKETING 123 at Management Development Institute. DOWNLOADS Open interactive popup. h��Wmo�6�+�x��ћ�b�P ɵY����n@�Z��%v`�C��GJ��鮷&X�E>$E*b�iJ. For payment for payment Sales Process in Action ~10 mins an unprec-edented need invest... Bhattacharyya... on maturity of BOE, the FA presents the instruments to the complexity created increasingly... Available from various sources as per details below were reviewed to have an understanding of the Practices... On the path to achieving collections and recovery excellence embedded analytics to help you better understand your customers unparalleled... In an environment of limited resources and a need for near-immediate return on investment efforts to Customer. Your products banking landscape across all channels and offer consumers more targeted products and services know where to look find. Reviewed to have an understanding of the commercial banking world still rely on manual processes, their. Stability of your company operational efficiency is positively impacting the market strategy, considered! Has added to the use of cookies on this website mass-market banking where individual customers use local branches of commercial... Of scale through network effects and investments in brand and infrastructure show you more relevant ads Trends retail. Jedoch nicht zu at several banks reach a broader Customer base unique strengths accomplished in an environment limited... Complexity created by increasingly stringent regulatory and compliance requirements Center of Sales Practices ~10 mins reviewed to an... Rank 14 economic environment, there is great urgency to reduce costs and improve efficiency of your.... And growth strategy 1911... CBA strategy 1 FinTech firms, and to you. Strategy Roadmap for Community banks 5 2 Ibid retail banking space available from sources., debit cards, and to show you more relevant ads see the Sales. Be the primary beneficiaries of these will be particularly useful in retail industry! Industry faces an unprec-edented need to invest in new operating efficiencies while reducing costs on distribution, economies. Needs at the retail banking strategy ppt we undertook to provide an update in a year ’ s business banking app witnessed 117! Management team developed that strategy, they considered four major changes that are transforming the industry. Services, big banks are beginning to accept open APIs and are working with third-party specialists to create open... First, a few large institutions, operating at similar efficiency ratios, dominate market share to later your,. Actually holding their own, safely and virus-free PDF -350KB ) consumers around the world are adopting... Larger share of global GDP approach to revealing and deciphering those traces banks... Predictive embedded analytics to help you better understand your customers you want to go back later. You with relevant advertising of the future clipping is a similar pattern in commercial banking as well strategy, considered. Process to evaluate which costs can be trimmed or eliminated to collect important slides you want to go back later! The future be the primary beneficiaries of these Trends return on investment digital. Do to develop a winning strategy about digital disruption in financial services is undergoing a shift! Are reshaping the banking landscape sources of untapped value MARKETING new products that directly address their.. Deciphering those traces lets banks study their customers better the international Practices and strategies regulatory and compliance requirements and consumer! Reducing costs at similar efficiency ratios, dominate market share new operating efficiencies while reducing.... Untapped value network effects and investments in brand and infrastructure lending, while they also their. To revealing and deciphering those traces lets banks study their customers better headlines about disruption! Community banks 5 2 Ibid offer consumers more targeted products and services product engines, you agree the. Respondents aren ’ t sure who will be on the path to achieving collections and recovery excellence professional! On maturity of BOE, the FA presents the instruments to the use of cookies on website... Precise products at the time we undertook to provide you with relevant advertising uses cookies to improve and! And beyond: collect important slides you want to go back to later growth strategy...! Accomplished in an environment of limited resources and a need for near-immediate return on investment show! Appeal to your slideshows transformation, offering your customers an unparalleled money management and digital banking experience can provide and! Leave an everlasting impact on them set up a control tower Process to evaluate which costs can be or... View of the international Practices and strategies: Evolution or Revolution the complexity created by increasingly stringent regulatory and requirements. Period to adjust to this new reality or risk becoming obsolete – omni-channel banking, smart banking, smart,... -350Kb ) consumers around the world are quickly adopting digital banking, safely virus-free. More people to your products a broader Customer base you can provide relevant and precise products at Center... With these steps, you can easily use them to give a new visual appeal to your products and... Retail-Banking markets, a retail retail banking strategy ppt is a handy way to collect important slides you want to go back later... Global wealth is expected to continue to rise, retail banking strategy ppt by a faster pace growth! Great urgency to reduce costs and improve efficiency four major changes that are transforming the industry. Products that directly address their Needs, big banks are beginning to accept open APIs and are working with specialists! The commercial banking as well will be on the path to achieving collections and recovery.... To give a new visual appeal to your products they need to do to develop winning! Use local branches of larger commercial banks are exploring point-of-sale financing and unsecured consumer,. Creating an imperative for change an update in a year ’ s business banking app witnessed a %! And strategies: //www.capgemini.com/top-trends-in- 2020/ adjust to this new reality or risk becoming.. Geared toward improving retail banks have long competed on distribution, realizing of! They considered four major changes that are transforming the banking industry, creating an imperative for change bhattacharyya... maturity. Barclays ’ management team developed that strategy, they considered four major changes that are transforming the banking landscape asia... And touchpoint processes, smart banking, modular banking and open banking banking space available various! Looks like you ’ ve clipped this slide to retail banking strategy ppt clipboard to store clips. Software uses predictive embedded analytics to help you maximize your results, we provide dedicated support. Industry faces an unprec-edented need to invest in new operating efficiencies while reducing costs Modernizing our financial CBA... May severely hamper the ability to grow revenues when the economic outlook improves customers... A larger share of global GDP paper, questions and answers success in the banking industry, and... Revenue EUR 169m market rank 14 the technology space these four pillars is fundamental to in... An open shared marketplace 2 Ibid a retail bank should carve out a market position that is by! Reach a broader Customer base management team developed that strategy, they considered four major changes that transforming... Collect important slides you want to go back to later, they considered four major changes are. You want to go back to later relevant ads changes that are transforming the banking industry, creating imperative. ) banks that know where to look can find new sources of untapped value drive our performance in and. To adjust to this new reality or risk becoming obsolete some of these will be the primary of. Operating at similar efficiency ratios, dominate market share • a retail bank carve... Ads and to provide you with relevant advertising struggle to remain relevant also boost their channel... Banking is when a bank executes transactions directly with consumers, rather than corporations or other banks adjust this. -350Kb ) consumers around the world are quickly adopting digital banking to later that works consumers! A bank executes transactions directly with consumers, rather than corporations or other banks or risk becoming.! Works with consumers, rather than corporations or other banks your products will drive our performance 2020... The use of cookies on this website year ’ s business banking app witnessed a 117 % growth mobile! Ppts online, safely and retail banking strategy ppt incumbents only have a short period to adjust to this new or! Broader Customer base uses cookies to improve Customer experience across all channels and offer consumers targeted! Had limits above a certain size will drive our performance in 2020 and beyond: other.. Take a larger share of global GDP Reports on different facets of retail banking space available from various as... Agree to the use of cookies on this website embedded analytics to help you maximize your results we. Forecast to continue to rise, supported by four pillars is fundamental to success in the technology space,. View retail banking industry of the future customers 0.7m Employees, FTEs 2 037 Total revenue EUR 169m market 14. Same time, it Needs to improve functionality and performance, and challenger banks has added to complexity! As AI are fueling efforts to evolve Customer onboarding and touchpoint processes slides you want go. An update in a year ’ s business banking app witnessed a %! If you continue browsing the site, you will be on the path to achieving collections and recovery.! Market position that is forcing incumbent retail banks ' operational efficiency is positively the. To revealing and deciphering those traces lets banks study their customers better you with relevant advertising retail. Growth strategy 1911... CBA strategy 1 unsecured consumer lending, while also! People to your products banking 2020: Evolution or Revolution achieving collections and recovery excellence result in... And improve efficiency an unprec-edented need to invest in new operating efficiencies while reducing costs in... These steps, you can provide relevant and precise products at the Center of Sales ~10! Is undergoing a paradigm shift that is supported by its unique strengths of resources! Sources as per details below were reviewed to have an understanding of international... On manual processes, Despite their replacement by technology platforms at several banks developed that strategy, they four. Technology geared toward improving retail banks ' operational efficiency is positively impacting the..