{"id":14331,"date":"2020-01-14T18:57:54","date_gmt":"2020-01-14T18:57:54","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=14331"},"modified":"2020-01-14T18:57:54","modified_gmt":"2020-01-14T18:57:54","slug":"is-it-really-a-digital-financial-institution","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/is-it-really-a-digital-financial-institution\/","title":{"rendered":"Is it really a digital financial institution?"},"content":{"rendered":"

As the banking sector continues its march down the digitization road, patterns have emerged that allow for an objective assessment of whether a financial institution is making serious progress on its journey toward digital. Here are 10 questions designed to get at the heart of that question:<\/span><\/p>\n

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  1. Does the financial institution have a mobile-first distribution model?<\/span><\/li>\n
  2. Is the financial institution eradicating back-office manual work through intelligent operations?<\/span><\/li>\n
  3. Is the financial institution embracing open banking?<\/span><\/li>\n
  4. Is the financial institution willing to push the boundaries of its business model?<\/span><\/li>\n
  5. Has the financial institution become a truly data-driven organization?<\/span><\/li>\n
  6. Has the financial institution committed to public cloud as its default infrastructure?<\/span><\/li>\n
  7. Does the financial institution understand that true enterprise agility is a team sport?<\/span><\/li>\n
  8. Does the financial institution\u2019s business strategy emphasize innovation?<\/span><\/li>\n
  9. Does the financial institution have a disciplined FinTech engagement model?<\/span><\/li>\n
  10. Does the financial institution have a culture and human resources approach that values technology and engineering skills?<\/span><\/li>\n<\/ol>\n

    Source<\/a><\/p>\n

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