Finding the sweet spot in the customer value chain

In an age where digital distribution challenges every industry, companies should take their time to understand their position in the supplier/distributor relationship. Should you provide an unprecedented user experience and distribution platform, or should you develop content to those platforms? There is no definitive answer, and depending on your starting point, there are various recipes for success.

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How COVID-19 accelerates digital transformation

Out of every crisis, there will be opportunities. Where the current pandemic has acted as a black swan event in some cases, it accelerates several of the trends already pushing towards a digital future. In an age where incumbents already are facing a perfect storm of changes that challenge existing business models and processes, COVID-19 has proven to accelerate some of the trends that have been pushing this storm towards a reality.

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Should we care about central bank digital currencies?

The concept of central bank-issued digital currencies has been the talk of the town in the crypto- ad banking communities for a while, but as we are getting into the new decade, news of various central banks either researching or announcing that they will launch digital currencies that have exploded. What are the motivations behind this rise in popularity, what are the potential consequences and does national bank-issued digital currencies make sense in a borderless digital world?

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Digital wallets are set to dominate payments, and banks are not in the driver’s seat

By now, we’ve all heard the talks of mobile wallets becoming the one app to rule them all that eventually disintermediates banks from the customer relationship. However, reality has failed to meet expectations so far. Although mobile wallet adoption is slow, activities are picking up the pace, and the main players are not the incumbent banks.

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Is Revolut the Wework of fintech?

Challenger bank and for many fintech favorite Revolut announced last week that the company is set to raise additional $1,5 billion for its expansion into the US market. In terms of valuation, Revolut is aiming somewhere in the range of $5-10 billion. The big question is whether the company fundamentals and future expectations justiy this valuation, or is Revolut the Wework of fintech?

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The opportunity of a century in banking is here

The financial industry has been standing at the precipice of this major shift. Some banks have taken the leap – innovative thinkers and leaders embracing the data revolution and using it to deliver amazing services. For those who’ve waited, now is your time – to take a leap, redefine how consumers manage their money and seize a once-in-a-lifetime opportunity to change banking for the better.

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Who gets to own your digital identity?

With the rise of online banking, social media, e-commerce, and peer-to-peer services, a verified digital identity is a crucial ingredient in making any digital platforms succeed. There is too much at stake when it comes to our digital identities to remain unvigilant of what is going on, as shown numerous times through both data breaches where our personal data is compromised and manipulation of public opinion through social media. Ownership of our digital identities should belong to we the people rather than one corporation or consortium of corporations that seek to exploit our data for profit.

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Når utdaterte it-systemer blir en hodepine

Teknisk gjeld – gamle IT-systemer som må oppdateres og forbedres for å ikke falle sammen – har lenge vært et sentralt tema for enhver IT-avdeling og ethvert utviklermiljø. Du er ikke digital bare fordi du har lansert en app, og dersom du beveger deg for raskt i kundegrensesnittet uten å samtidig adressere underliggende teknologi vil du til slutt møte veggen. Hva er egentlig problemet, hvorfor ender så mange opp der, og hva skal til for å løse det?

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