If you are a Bank – Don’t Read This!

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Since the banking collapse of 2008 and the banks reputation taking a severe mauling new players have emerged onto the market that have gathered a lot of "customer fans", these customers now share their recommendations of their new bank.

This "new wave" are now more willing to share their details with their chosen bank as they feel they will get a lot in return from their new providers.

Traditional banks are slow to respond to these and other challenges because of:

    • Inflexible legacy systems which are expensive to manage
    • Banking regulation
    • Cut backs on IT budgets
    • Organisational structures
    • Historically weak communication with customers

Monetising all the data that banks currently possess but which they are not able to collate and decipher quickly and cost effectively, into useful data that could be used to improve segmentation and optimise revenues while meeting with all regulatory compliance issues and ensuring customer data is protected.

These are the challenges that can be addressed by looking at Portus Test

Accenture - Banking 2016 - Three new banking models that will spur growth - Running time 2.44

We thought you might like to take a lighter look at banking and ponder what if your local was run like your bank - London pub customers pranked by bank - Running time 2.12

Why bank branches will always be with us - ANZ Small Business - Running time 1.40

and finally the genesis of banking Porkfolio - ThinkGeek Smart Piggy Bank - Running time 0.44

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