Tuesday, December 13, 2016

Praise for The Digital Banking Revolution

“The Digital Banking Revolution captures the effects of disruption brought to the banking industry by emergent financial technology businesses. The author provides a fascinating examination of several companies who have recently developed new financial innovations and how they are demonstrably significant to the consumer.”

Victor von Gierszewski
Managing Director
TNS Global

“The Digital Banking Revolution is an informative read focused on the transformational changes facing traditional retail banks worldwide. It covers insightful well-researched analysis on: big data, customer engagement, disruptive technologies, mobile payments, and the changing financial behaviors of consumers, in particular millennials.”

Michael A. C. Hart
Chairman and CEO
TPS Capital

“The Digital Banking Revolution provides a unique take on the consumerization of retail banking services. It elucidates on how banks are facing increasing pressure from digital competitors, and how by recognizing these threats they can now go on the offensive by developing innovative technologies of their own.”

Reginald D. Jele
Chief of Staff to the Minister of Finance
Republic of South Africa

“The Digital Banking Revolution should be considered a survival guide for bank leaders, providing those in the industry with a strategic blueprint on how to adapt, evolve and succeed in this digital age.”

G. Paul Warner
Former Private Bank Director
National Australia Bank

“The Digital Banking Revolution is an insightful look at how financial technology has brought welcome changes to the banking industry. This is essential reading not only for the next generation of retail bank customers, but also for those who want to fully understand how financial services will be conducted going forward.”

Thomas J. O’Rourke
Assistant Director, Banking
The Bermuda Monetary Authority

“The Digital Banking Revolution is an absolute must read for those who wish to gain a deeper understanding of how innovative technologies are shaping the future of financial services.”

Boris Simic
Senior Manager - Business & Financial Strategy
Klarna Inc.

Published author - Luigi Wewege

The Digital Banking Revolution

How financial technology companies are rapidly transforming thetraditional retail banking industry through disruptive innovation.

Over the past decade financial service innovations have contributed to a completely new way in which customers can bank, threatening the status quo of traditional retail banks, and redefining a banking model which has been in place for generations.

These new technological advancements have facilitated the rapid emergence of digital banking firms and FinTech companies, leading to established banks being forced to swiftly increase their pace of digital adoption to stay relevant and stop mass client attrition to these agile financial start-ups.

These threats come at an inopportune time for banks due to mature markets currently experiencing stagnant growth. This coupled with decreasing profit margins due to the competitive pricing of new entrants, and financial customer loyalty becoming ever increasingly more tenuous.

Monday, January 4, 2016

Personal biography

Luigi Wewege is the Chief Executive Officer of Vivier & Co, a boutique financial services firm offering a complete banking package to its clients worldwide. Other roles include being an Instructor at the first online FinTech School, serving as the Principal of Palmetto Global Ventures a bespoke financial management consultancy, and is an invited member of the Young Entrepreneur Council considered one of America’s most successful communities for business professionals. Luigi is also the published author of: The Digital Banking Revolution which is available in audio, kindle and paperback formats throughout all major online bookstores in over fifty countries.
Previously he was the Commercial Manager of  publicly listed Investment Research Group, a financial advisory company where he led their media division, and was a Senior Consultant at The Braintrust Network (merged with CMEA) which was a unique content-driven consulting service. Notably, while Luigi was completing his undergraduate degree he executed a pilot study for the Federal Trade Commission during one of the most serious financial times for the American economy. The focus of the study was to examine and determine the accuracy of credit bureau information, with the research ultimately providing the impetus for a report which was presented before the United States Congress under Section 319 of the Fair and Accurate Credit Transactions Act.
Luigi holds a Master of Business Administration with a major in international business from the MIB School of Management. He also holds a Bachelor of Science in Business Administration with a triple major in finance, international business and management - cum laude from the University of Missouri - St. Louis. Whilst at university Luigi was a multiple recipient of the Dean’s list, Coaches and Athletic Director honor rolls, as well as being a recipient of the Great Lakes Valley Conference Academic All-Conference honors. Other academic achievements include being formally inducted into the Financial Management Association - National Honor Society, and the Epsilon Eta Pi - International Business Honor Society. Recently, he was the honored recipient of the Salute to Business Achievement Award which recognizes outstanding business alumni.
One of Luigi’s passions is to create development opportunities that empower young people to create positive change, and this led to him starting his own Foundation which provides an annual academic scholarship to a deserving American student. Previously he served as a Director and Trustee of Doing Good Fellows. This pioneering non-profit uses technology to facilitate an ecosystem where accomplished professionals use their skills, and networks to deliver global social impact. Luigi was also the past President of Junior Chamber International (JCI) - Metro, which is the only worldwide non-political and non-sectarian youth service organization. The primary focus of his presidency was to create fundraising initiatives to assist JCI’s partnership with the United Nations Foundation - Nothing But Nets campaign. This to prevent malaria deaths by purchasing, distributing, and teaching the proper use of mosquito bed nets throughout Southern Africa.
Outside of work Luigi enjoys participating in a variety of sports, and has competed in several at a high level. Select athletic achievements for him include: being a former national junior champion in swimming, and a National Collegiate Athletic Association golfer on university scholarship.