“Just as Amazon is expected to launch a basic account through a banking partner, Bain’s new survey finds that US consumers give Amazon much higher loyalty scores than they give banks. Among Amazon Prime respondents, 65% would be willing to try a free online bank account offered by Amazon. Even among people who don’t buy […]
Category: Transformations
IDC expects blockchain spending to grow at a robust pace over the 2018-2022 forecast period with a five-year compound annual growth rate (CAGR) of 76.0% and total spending of $12.4 billion in 2022. IDC Let me give a high-level overview of Blockchain for ACH Payments, specifically B2B funds transfer and cross-border payments. There is already […]
Quantum computing shifts the boundaries of computing with the ability to solve complex problems that classical computers can’t do. It opens up newer opportunities and capabilities triggering major innovations and disruptions in Financial Services. Some of the traditional products, services, and methods will be redundant paving ways to newer business models, products, and services. Experts […]
Focus on reactive, proactive, and explorative channels to build a healthy portfolio of innovation ideas that helps business success in short-term as well as in long-term.
All we are saying is don’t make products look like ‘commodity items‘ (either through direct or indirect actions) that make visitors/customers to purchase from anywhere. Create differentiation; create bonding with the retailer; and get a mindshare of customers. Also, let’s agree that there are always some products that customers see as ‘commodity’ and go for cheaper options.
Drivers for Success of Transformation Initiatives – Part 1
Drive successful transformation programs by focusing on three basic elements – Excite, Engage, and Enable people involved in the change.
CforXL 