Virtual Banking : A Guide to Innovation and Partnering by Dan Schatt (2014, Hardcover)

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About this product

Product Identifiers

PublisherWiley & Sons, Incorporated, John
ISBN-101118742478
ISBN-139781118742471
eBay Product ID (ePID)201527901

Product Key Features

Book TitleVirtual Banking : a Guide to Innovation and Partnering
Number of Pages240 Pages
LanguageEnglish
TopicBanks & Banking, E-Commerce / General (See Also Computers / Electronic Commerce)
Publication Year2014
IllustratorYes
GenreBusiness & Economics
AuthorDan Schatt
Book SeriesWiley Finance Ser.
FormatHardcover

Dimensions

Item Height0.6 in
Item Weight15.1 Oz
Item Length9 in
Item Width6 in

Additional Product Features

Intended AudienceTrade
LCCN2014-007117
Dewey Edition23
Dewey Decimal332.178
SynopsisTechnology is permanently transforming the banking industry, and digital payments are the key Electronic Payments, Mobile Commerce, and Virtual Banking: A Guide to Innovation, Partnering, and Regulation takes a hands-on approach to competing in the modern banking environment., Consumers are rapidly abandoning traditional banks in favor of institutions that are lower cost and more consumer-centric. Between the pace of financial regulatory reform and the cloud computing revolution, the old banking model is on the fast track to extinction. Virtual Banking: A Guide to Innovation and Partnering offers a hands-on approach to understanding and competing in the modern electronic banking environment. Written by Dan Schatt the former Head of Financial Innovation for PayPal this vital resource explores the reasons behind the massive consumer migration away from traditional banks and provides clear, actionable guidance for beating the new banking models at their own game. Virtual Banking is filled with the information and tools needed to compete in the burgeoning electronic, mobile, and virtual environments and details how to implement the proven strategies that will lead to success. The book discusses real-world innovations from banks, non-banks, and emerging platforms, and explains the changing point-of-sale landscape and the need for digital wallet partnerships. Schatt shows how to identify and shift gears to green field market opportunities and veer away from unprofitable markets. In addition, the book outlines the digital best practices that will ensure superior customer experiences and keep consumers coming back for more. The author also includes information on when to outsource and what capabilities are best to own. The book is filled with illustrative case studies from such industry leaders as PayPal, Google, Square, and Facebook. These examples clearly show the acceleration of innovation through banking partnerships, as well as the mechanics behind bankings most credible threats. The trick to surviving the paradigm shift is to embody innovation while providing a superior customer value proposition. Virtual Banking gives bankers and anyone determined to tap into the power of digital payments the inside track on managing the shift and dominating the new marketplace., Technology is permanently transforming the banking industry, and digital payments are the key Electronic Payments, Mobile Commerce, and Virtual Banking: A Guide to Innovation, Partnering, and Regulation takes a hands-on approach to competing in the modern banking environment. Former PayPal Head of Financial Innovation Dan Schatt explores the reasons behind the massive consumer migration away from traditional banks, and provides clear, actionable guidance on beating new banking models at their own game. Digital payment is the hottest topic in banking today, and is set to define the future of the industry. Consumers are rapidly abandoning traditional banks in favor of institutions that are lower-cost and more consumer-centric. Between the pace of financial regulatory reform and the cloud computing revolution, the old banking model is on the fast track to extinction. Electronic Payments, Mobile Commerce, and Virtual Banking provides the information banks need to compete in this new environment, and details the integral implementation actions that will allow them to thrive. The book discusses real-world innovations from banks, non-banks, and up and comers, and the heavy competition from the new outsource bank model. Topics include: The changing POS landscape and the need for digital wallet partnerships Shifting gears to greenfield market opportunities versus non-profitable markets Digital channel best practices for superior customer experience When to outsource, and what capabilities to truly own Case studies including PayPal, Google, Square, Facebook, Twitter, and more illustrate acceleration of innovation through banking partnerships, as well as the mechanics behind banking's biggest, scariest threats. The trick to surviving the paradigm shift is to embody innovation while providing a superior customer proposition. Electronic Payments, Mobile Commerce, and Virtual Banking: A Guide to Innovation, Partnering, and Regulation provides the inside track on managing the shift and dominating the new marketplace.
LC Classification NumberHG1601.S3353 2014

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