
Category: Blog Post


6 Tips for Surviving Digital Disruption in 2020
Too risky not to prepare: 6 tips for surviving digital disruption in 2020 “Success in 2020 means increasing the preparedness of both the IT organization and the enterprise to withstand impending business disruption by planning for it ahead of time.” The honeymoon for digital transformation is over. 40% CIOs claim to have reached scale for…
Success of the Digital Transformation: Educate and Train the TOP leadership
I have always believed and firmly stated in all my engagements on digital transformation that learning and education of the top leadership at board level and senior management level is of utmost importance to get the desired outcome in the digital transformation journey. In order to educate the leadership, a strong training program and well...
TRUST: The Most Important Asset for Banks, Financial Institutions and Fintech
Do customers bank on regulations, competence or reputation? Customers bank on TRUST. Trust is at the heart of banking, but Edelman research report 2019 shows a global decline in trust in institutions. Financial crisis, cyber attacks, data breach and money laundering kind of incidences have given a big blow to the most important asset of…
Digital Accelerator Hubs in India
To accelerate the #digitaltransformation in India especially among the SMEs, Digital Accelerator Hubs (DAH) should be setup in every zone especially where industrial corridors are quite prominent. The primarily focus of the DAH should be: 1. To educate and train the leadership of the SMEs on the latest digital transformation 2. To provide access to…
Tech Giants vs Banks. Who will be the Winner?
UK watchdog says Big Tech pose biggest threat to banks. Amazon, Google and other Big Tech companies could compete with banks in basic products and undermine their ability to offer free accounts, Britain’s financial watchdog said. The Financial Conduct Authority published its final report on its study of retail banking business models; saying new payments…
Cashless, Cardless, Contactless Banking
Change is the only constant thing in this world. And money is the best example to illustrate this. From the time goods were exchanged called Barter Exchange to Metal Money like copper, bronze or gold to Paper Money, the form of money kept on evolving with human evolution and human needs. In the recent history,…
NeoBanks: A New Wave of Growth Disrupting the Banks
Innovation, technological disruption and wave of digital transformation have hit the banking and financial industry very severely after a decade old financial crisis. According to Gartner by 2030, 80% of heritage financial services firms will go out of business, become commoditized or exist only formally but not competing effectively. The analyst says these firms will…
Innovation: Be Bold, Be Agile, But Build Trust
What’s the one word comes to your mind when you hear: Innovation? Change. Change means transformation, revolution, new product, novelty, unconventionality, a shakedown etc. etc. That’s the perception we have about innovation (mainly technological innovation). But is the CHANGE easy to conceive or develop or implement? No, not at all. Change is the most resistive…