Banks and Fintech on Platform Economies : Contextual and Conscious Banking
Paolo Sironi latest bestseller “Banks and Fintech on Platform Economies” provides a detailed examination of how platform theory, born outside of financial services, will make its way inside banking and financial markets to radically transform the way firms do business. You’ll learn why banks and fintech must master the necessary shift of focus from selling business outputs to selling client outcomes based on engagement and relationships. You’ll also discover how financial services are steering new forms of digital transformation underpinned by Contextual Banking and Conscious Banking platform strategies that will benefit stakeholders of all kinds.
made of trusted relationships and AI). They allow financial institutions to break-out and conquer higher business value spaces facing intensified digital competition.
Conscious Banking platforms are communication intensive. They leverage exponential technologies and transparent relationships to unlock value, elevating clients and intermediaries to consciously manage financial lifestyles. Contextual Banking platforms are information intensive. They leverage open finance and exponential technologies to eliminate frictions in non-banking ecosystems, embedding invisible services into user journeys of other industries. Ultimately, financial institutions must learn the importance to open up their organisations across business units, and re-design their business architectures on could as part of open ecosystems. The fourth industrial revolution is a data-driven platform revolution. To succeed, stakeholder incentives of banks and fintech must be re-aligned with transparent platform economics, guided by the BRQ to shift business models from output to outcome economies.
Trailer of the Book : Banks and Fintech on Platform Economies: Contextual and Conscious Banking :
About the Author :
Member – IBM Industry Academy
Co-host – Fintech Podcast
Innovation Advisory Board Member – NPL Markets
Research Associate – UCL Centre for Blockchain Technologies (CBT)
Innovation Advisory Board Member – Net Insurance
Mr. Paolo Sironi is one of the most respected fintech voices worldwide, providing expertise and strategic insights to a network of clients including financial institutions, start-ups and regulators. Paolo is a former start-up entrepreneur and quantitative risk manager in investment banking.
He can be Contacted at :
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Website : thepsironi.com