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Why Bankers Are Struggling to Innovate
April 3, 2014

Bank tech experts can be forgiven for focusing heavily on cyber-security threats these days. But to stand among the leaders in the fast-evolving world of electronic money, bankers will have to find ways to become more innovative. American Banker editors discuss.

Comments (1)
Passing all the "issues" related to "classical bank's managements" the innovations will be in the "client profile management"! Banks are the worst "sellers" with only a few products and services and with all the financial support the can have. They are afraid of real innovations becose this will "come to an end" the supremacy of "last millennium CEOs, CFOs, COOs... and the most important "the meetings of doing and talking about nothing!!". When I look to a bank and the BOD medium are over 55 years old I just "see the Maddoffs", mercenaries with "bad habits and bad and expensive history". There are all the same... out of the real game of working and making money. To justify millions of dollars in salaries and benefits for actually doing nothing...just "working the numbers in statements" and not working at all the "money for clients". The future of banking industry is not "the interest or credit" is "the services for development"! We can supply a "turn key" transaction platform with ZERO costs for clients! Full integration with all new technologies and mobile devices. We bring the future to banks and happiness to clients.
Posted by florinsuciu | Saturday, June 07 2014 at 12:20AM ET
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