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Banking Transformed with Jim Marous
Adapting for 2024 Banking Success
Dec 26, 2023
Pål Krogdahl, Director of Technology Strategy and Advisory Services at Samlink, discusses transformative trends in banking. They touch on the global reach of fintech, challenges for banks, adapting to changing trends, embedded finance, partnering with third-party providers, and building an ecosystem for banking success.
43:46
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Quick takeaways
- Banks should partner with ecosystem solutions to provide a comprehensive and seamless customer experience.
- Banks need to modernize their back-end systems and processes, prioritize investments in fixing their infrastructure, and leverage ecosystem partners to stay competitive.
Deep dives
Rebundling of Banking Services and Embracing Ecosystems
Paul highlights the opportunity for banks to focus on the rebundling of banking services. He sees the growth of non-financial organizations taking over specific aspects of the customer's financial life. Banks should partner with ecosystem solutions to provide a comprehensive and seamless customer experience.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode