Details

Autor(en) / Beteiligte

• Waupsh, John,

Titel

Bankruption : how community banking can survive fintech

Auflage

1st ed

Ort / Verlag

Hoboken, New Jersey : Wiley,

Erscheinungsjahr

2017

Link zum Volltext

• Wiley Online Library - AutoHoldings Books

Beschreibungen/Notizen

• "+ web site"--Cover.
• Includes index.
• Cover -- Title Page -- Copyright -- Contents -- Preface -- Introduction -- Additional Thanks -- Chapter 1: An Overview of the Bankruption -- Community Banking Has No Future -- Community Banking Relies Too Heavily on Physical Proximity -- Today, Data Proximity Yields Intimacy -- Data Proximity Has Cast a Very Bright Light on the Cracks of Banking -- Chapter 2: Community Banking Is Broken -- What Is Community Banking? -- 1. Relationship Data-Based Lending: Just How Valuable Is That Soft Data? -- 2. Geographical Focus: Bank Local, and All That, Right? -- Where Are All the Institutions Going? -- FDIC's Three Reasons for Bank Charter Consolidation -- Voluntary Closures -- Bank Failures -- Few New Banking Charters -- Depopulation and Charter Consolidation Aplenty -- Branch Banking Realities -- Legislation Propelled Branch Numbers around the Country -- Branch Density Sustains, for Better or Worse -- The De Novo De No-No -- These Days, There Are Plenty of Reasons Not to Start a Bank -- When You Have a Limited Supply of New Banks, Community Banking Suffers -- The Rise of the Challenger Banks -- The United Kingdom Has Nearly 1,000 Financial Institutions, and It Wants Even More Banking Competition -- This Has Given Way to the Creation of "Challenger Banks -- The New Challengers Will Not Be Universal Banks -- A Few of the Challengers and What Makes Them Interesting -- In China, New Banks Spring from Digital Giants -- A Quick Overview of the Fintech Landscape -- Fintech" Is Nothing New -- Fintech" Is Not Necessarily Adversarial to Financial Services Companies -- Fintech" Does Not Mean "Startup Company in Financial Technology or Financial Services -- Most Financial Services Companies Are Not Fintech Companies (Yet) -- Fintech" Can Be an Adjective -- Fintech" Can Be Delivered One of Three Ways -- The Consumer Is the Change Agent -- Fintech Is the Feedback.
• Chapter 3: The Opportunity for Community Financial Institutions -- Doing Nothing Is Safe, but It's Also Foolish -- Expand Your Mind -- Correlation Does Not Imply Causation -- Because the Real Problem Is Inaction -- Call It "Toe in the Water," "MVP," "Whateveryouwant," Just Try Something -- Reputational Risk Is Mitigated When You Do It Right -- It's Not a Family -- It's a Team -- Train or Fire the People in Your Organization Who Say, "I Don't Do Numbers -- Bad People You Must Push -- Good People Push You -- Pressure Wash the Barnacles -- Much Ado about Branching -- Look at the Retail Industry as a Corollary -- The Five Words That Will Kill: "How May I Help You? -- As Andy Greenawalt Says, "You Are Misusing Your Humans -- Do Not Let Sacred Geese Live -- Market Your Market -- Purpose Can Drive Change, Too -- Shift to a Digital Community -- Price Is Only a Concern in the Absence of Value -- Overcoming the Challenges of the Digital Branch Starts with You -- Welcome to Digital Community Banking -- Move over Millennials -- Make Way for iGen -- Beware the Culture Danger -- Understand Your Technology -- Your Foundation Could Be a Bit Shaky -- And So, the Story Goes, "Free Your Data -- A Reliance on Professional Services Means You Get to Focus While Your End Users Get Best-of-Breed Offerings -- It's Not about Having Access to "Data," It's about Focused Direction -- Partner, Don't Incubate -- Skip the Writhing, Pleading, Grasping at Straws Thing -- Be Interested, Not Desperate -- Some Thoughts about Working with Fintech Startups -- Get More Efficient and More Proficient with Partners -- Scale Delivers Results -- For about Fifty Years, the Most Convenient Bank in the United States Was the US Postal Savings System -- Brand Power -- The Average Consumer Cares Very Little about Your Customer Service -- Which Takes Us Back to the Scale of Brands.
• And Today's Consumers Think Product Experience-First -- Improve Your Member Associations -- A Bit about the Banking and Credit Union Associations -- The "Endorsement" Problem -- Push Your Respective State and National Associations to Adopt More Contemporary Standards for Endorsed Vendor Review -- Work with Entrepreneurs -- Embrace the Entrepreneurial Generation with Small Business Guidance -- This Ubiquitous Go-Millennial Write-up Ends with a Rare Pro-Boomer Stance -- Chapter 4: Advice from Others -- And, We Are in the Future -- Advice from Others Much Smarter Than Myself -- Pascal Bouvier, CFA -- Jim Bruene -- Jill Castilla -- Hal Coxon -- Penny Crosman -- Matt Davis -- Julie Esser -- John Fishback -- Andy Greenawalt -- Matt Harris -- Pradeep Ittycheria -- Alex Jiménez -- Brett King -- Dan Latimore -- Jim Marous -- Scott Mills -- JP Nicols -- Suresh Ramamurthi -- Steven J. Ramirez -- Phil Ryan -- Ron Shevlin -- Scarlett Sieber -- Shari Storm -- Lee Wetherington -- Chapter 5: Finishing Move -- An Introduction to the End -- We Expect More with Each Passing Day -- The Future of Retail Banking Will Be Optimized -- There Is No Doubt: Modern Retail Banking Is Dreadful -- If I Have to Think about My Banking, You're Doing It Wrong -- As an Accountholder, I Know I'm Getting Messed Over with My Money-Somewhere -- The Year Is 2030, and No One Thinks about Banking -- There's at Least a Decade until 2030 -- Here's the Tough List -- I Hope That's Enough to Get You Started -- About the Author -- About the Companion Website -- Index -- EULA.
• Description based on online resource; title from PDF title page (ebrary, viewed November 4, 2016).