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Advantage: Banks?

Brigid Whoriskey, head of research and innovation, RBS, discusses the advantage of being a large incumbent in the market and highlights of a recent report by the bank around disruptive technologies and customer behaviour.

Read the RBS report here.

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Related Companies

Royal Bank of Scotland

Channels

Regulation & Compliance Retail banking Security Payments Wholesale banking Start ups

Keywords

Cards Innovation Mobile & online banking

Comments: (2)

A Finextra member 10 June, 2014, 12:58

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This is an interesting piece – to date much commentary has been about how new entrants, being more agile, are eroding the business of traditional large banks. Brigid is absolutely right in that established banks have scale and a lot of valuable data. But do they all really take advantage of this? From my experience there is a lot to learn from new entrants to the banking industry, which are taking advantage of digitization to launch disruptive new business models.