Upheaval facing the banking industry
Banking executives, financial investors, and entrepreneurs have noticed the rapid pace of change in banking, especially in the wake of the global financial crisis. Where are these changes coming from, who is driving them, and where is the industry headed in the next five, 10, 20 years? Understanding the answers to these questions is an absolute must for anyone involved in the financial sector. The rest of the global economy has undergone massive shifts thanks to new technologies and shifts in consumer mindsets. In the near future, banking will be no exception. Breaking Banks is an inside look at the people and ideas that are leading the industry into a new era.
Exploring how banking is rapidly being disrupted, King interviews strategists in the financial services along with some of the most innovative leaders from within the sector to learn the motivations driving these new innovative approaches and core competencies that activate them.
Among the topics that are shaking up the banking industry range from Bitcoin's disruptive attack on currencies, P2P lending, social media, the neo-banks reinventing the basic day-to-day checking account, global solutions for the unbanked and under-banked, to changing consumer behavior. This unique collection of interviews take from across the global financial services technology domain detailing the stories, case studies, startups, and emerging trends that will define this disruption.