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.