Digital Banking Business Model

Digital transformation requires exponential shift in leadership focus and organizational culture to design their business models. This course will help Executives, Business Strategists & Planners and IT Project Teams of Banks & Financial Institutions to understand the components of digital transformation and potential of integration of new technologies, use of data-analytics, the ubiquity of mobile devices, and offering all the services under one hood. For the finance industry to stay relevant for their customers, they will need to re-think and re-work on their existing business models. And the new model must respond to the needs of the trend setting consumers and realize the market’s potential. This course will also help you to understand some key concepts, to help and guide the consumer’s journey, building omni channel model, collaboration & strategy, use of exponential technology to serve consumer’s aspirations and help you to choose a Strategic Starting Point to update the business processes and procedures. 3b:T9e

• Creating more in-depth personalization capabilities leveraging technology.
• Understanding new digital journey for consumers by innovating the Digital Bank component of the application, which can offer pure digital on-boarding experience to new customers, obviating the need for visiting brick & mortar bank.
• Building end-to-end digital transformation by bringing Lifestyle needs in Banking platform and transform existing core processes.
• How the Financial Superstore concept can provide the financial institution to market their products on a single platform, with customer one-view?
• Why you need to think collaboration rather than team expansion?

• There are no prerequisite knowledge requirements for enrolling in this course. Elementary knowledge of Banking business would be helpful.