See more here: http://newsroom.cisco.com/press-release-content?type=webcontent&articleId=1534619

1. Invest to Innovate
Financial Services Thought Leader
Visions on the Digital Bank
#RetailBanking

2. Featuring:
Adam Nash
Founder CEO,
Wealthfront Financial Services
Chris Skinner
Chairman, Financial Services Club
Author, Digital Bank
Brett King
Founder and CEO, Moven
Author, BANK 3.0
Jerry Silva
Research Director,
IDC Financial Insights

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information on each slide.

4. “The big four banks in America, they actually invest
more in technology than technology companies like
Facebook, Google, and Oracle. But banks are
investing it in the wrong place.”
Source: Brett King
#RetailBanking

5. “All we've done is actually made the customer
experience more unwieldy. That's where I would like to
see investment made- simplifying the system, the
technology, and getting rid of the silos and
improving the customer experience. Unfortunately,
this is going to require us to rip out most of the
Source: Brett King infrastructure.”
#RetailBanking

6. “I’d like to think that financial services institutions will
stop focusing on being technology houses and
rather focus on their core business which is providing
trusted financial services and products to their
consumers. And we’ve already seen this happening.”
Source: Jerry Silva
#RetailBanking

7. “In the latest round of spending information we have,
we see more and more technology investments
happening inside the vendor community rather
than inside the financial institution. I think this is
going to be a fundamental change and take them
back to basics.”
Source: Jerry Silva
#RetailBanking

8. “In order for a new technology or service to really
grow and disrupt existing titans, you have to have
a combination of things. First of all you, need to
offer significant value compared to existing solutions.
Second, you have to have a demographic that's
large enough to drive the adoption of that solution.
And then third, you have to have something unique.”
Source: Adam Nash
#RetailBanking

9. “Lending is another area that seems ripe for
disruption and innovation. We've had a very
static model for how to do lending to individuals
and businesses for hundreds of years with
minor modifications.”
Source: Adam Nash
#RetailBanking

10. “Rather than a bank or wealth manager, or insurer,
doing everything they'll end up being the best at
customer intimacy and customer delivery service.”
Source: Chris Skinner
#RetailBanking

11. “What we're going to see is these fin-tech players,
which are currently banks, insurers and wealth
managers, becoming technology integrators and
component based providers of complete solutions
to their customers. It's a completely different way
of thinking.”
Source: Chris Skinner
#RetailBanking

12. Learn how your bank can close
the digital gap to increase
profitability
Financial Services Insights
#RetailBanking

13. #RetailBanking
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