Conference and Exhibition for Retail Banking, Payments & Financial Technologies – Fintech EXPO in Dubai 2017
An interview with Alejandro E. Carriles
Recently, we conducted an interview with our prominent speaker – Alejandro E. Carriles, Executive Vice President – Head of UX Design & Director of Online & Mobile Banking, BBVA Compass, BBVA Group, United States of America (USA) about the challenges, the future growth of retail banking and many more.
1) What are the current challenges facing Retail Banking in the current financial climate?
In previous years, a strong network of branches meant convenience for customers and retail banks centered efforts around this and products and services. Today, while banks still compete with other banks, they increasingly compete with digital service providers, which offer similar services without the operating costs of traditional banks. Digital providers sometimes deliver a better user experience and faster time to market and face fewer regulatory challenges, all of which makes them a more serious competitor to existing banks. Customers are starting to realize they can fulfill their financial needs in a new way, and banks are having to shift their processes to compete.
2) What are the drivers for future growth of retail banking?
Delivering solutions that are optimized to the customer and their needs is critical to acquiring and keeping customers. User experience is an important part of this. Convenience continues to be critical, but being physically convenient is no longer paramount while empowering customers to bank whenever, wherever and however they want is., and digital channels play a key role in this process.
3) What is the role of transformation in transitioning to a customer-centric organization?
To become customer-centric, banks must be nimble and agile so they can deliver the solutions their customers want, in the time they want it. Data, analytic s, user experience and end-to-end process revision is critical to those efforts, so that offerings and experiences can be tailored to clients’ preferences, made available faster, and delivered in a more convenient way.
Interested in this topic?
IFRS 9 Financial Instruments
This two-day course provides an in-depth coverage of IFRS 9 along with a recap of IAS 39, to enable participants to assess the business and financial implications of adopting the new standard effective from 1 January 2018.
Certified Information Systems Security Professional
This course offers the most comprehensive review of information security concepts and industry best practices. You will gain knowledge in information security that will increase your ability to successfully implement and manage security programs in any organization or government entity.
Advanced Internal Audit with report writing and Communication skills
This course will prepare you with the latest methods, tools and concepts that prevail in the internal audit profession and is aiming to equip auditors at all levels with the best practices for presentations, team building, interviewing and negotiations.
The Bankers'Customer Experience Summit - Post Show Report
The Bankers'Customer Experience Summit was held at Sheraton Dubai Creek Hotels & Towers, Dubai, UAE on 27 – 28 September, 2016 which brought together 90+ participants, 20 speakers, 19 partners from over 10 countries. Download the post show report below to know more about the conference.
The fallout of the new driving world: interview with Fabrizio Brenner
SwissRe's Vice President sheds light on the impact of autonomous cars, accident liability, advanced driver assistance systems and much more.
An interview with Zia Zaman (Chief Innovation Officer - MetLife Asia and CEO - LumenLab, Singapore)
Zia shares his views on "Innovation in Insurance"