Disrupting the disruptors: Business building for banks

McKinsey & Company

Although banks face intense pressure from new entrants in financial services, they have an edge in resources they can use to rapidly launch their own digital businesses. Insights on Financial Services Banking

African banking in the new reality

McKinsey & Company

Swift action and a focus on three imperatives could strengthen African banks and support recovery. Middle East and Africa Banking Middle East

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AI-powered decision making for the bank of the future

McKinsey & Company

Banks are already strengthening customer relationships and lowering costs by using artificial intelligence to guide customer engagement. Insights on Financial Services Banking Artificial Intelligence

Platform operating model for the AI bank of the future

McKinsey & Company

Technology alone cannot define a successful AI bank; the AI bank of the future also needs an operating model that brings together the right talent, culture, and organizational design.

US midcap banking: The shakeout ahead?

McKinsey & Company

Midsize US banks have held their own in recent years, but competitive pressures may bring a new wave of consolidation. Those using M&A best practices will have an edge. Insights on Financial Services Financial Services

German banking returns to the playing field

McKinsey & Company

The challenges facing Germany’s banking sector are steep, but a new game plan presents the opportunity for a sustainable future for the industry. Insights on Financial Services Financial Services

How ‘trading as a service’ unlocks opportunities for banks

McKinsey & Company

Trading as a service can make scale benefits more widely available, with opportunities for large banks and other market players. Insights on Financial Services BankingScale is crucial for capital markets sell-side firms in flow businesses.

Building and scaling one of the world’s fastest-growing mobile banks

McKinsey & Company

Setting a bold vision, adapting the business to respond to market feedback, and putting customer satisfaction first has enabled digital-banking start-up N26 to grow rapidly into a global bank valued at $3.5 Digital Insights Banking Digital Growth Innovationbillion.

Introduction: Building the AI bank of the future

McKinsey & Company

To thrive in the AI-powered digital age, banks will need an AI-and-analytics capability stack that delivers intelligent, personalized solutions and distinctive experiences at scale in real time.

Seeds of outperformance: How M&A can help banks thrive in the next normal

McKinsey & Company

The ‘next normal’ will pose challenges that banks can address through carefully planned M&A. Insights on Financial Services Banking Mergers & acquisitionsA few broad strategies offer the greatest potential.

Making banks from branch networks: Why financial services are still a good idea for postal carriers and retailers

McKinsey & Company

Insights on Travel, Logistics & Infrastructure Retail banking Post & parcel services Corporate strategyPostal carriers and retailers with vast distribution networks could leverage them and their deep customer relationships.

At the intersection of banking and technology: A conversation with Cross River Bank

McKinsey & Company

In a wide-ranging interview with McKinsey’s Vijay D’Silva, Cross River’s Gilles Gade (CEO) and Adam Goller (head of fintech banking) talk tech, talent, cryptocurrency, and their role as one of the biggest US originators of Paycheck Protection Program (PPP) loans.

Charting retail banking revenues by generation

McKinsey & Company

The global banking industry is facing a long winter, and in the coming months and perhaps years, the COVID-19 pandemic's impact will present banks with many challenges. Insights on Financial Services

Lessons from banking to improve risk and compliance and speed up digital transformations

McKinsey & Company

Banks are beginning to put in place a new approach to risk and compliance that accelerates their digital transformations and improves outcomes. Digital Insights Cybersecurity/Risk Digital strategy and organization Process automation Risk Management

Joining the next generation of digital banks in Asia

McKinsey & Company

As the region’s regulators increase license allocations and set standards for the next wave of digital banks, there are opportunities for both incumbents and new entrants to enter the arena. Insights on Financial Services

Podcast: African banking in the new reality

McKinsey & Company

The COVID-19 crisis will not leave the banking sector unscathed. As African banks chart their paths to recovery in this new reality, they can act swiftly to manage elements that are within their control to shape their recovery and growth trajectory. The past year has seen the acceleration of seismic trends ranging from deglobalization and a radical shift in the macroenvironment to transformed customer expectations.

A time for reinvention—Challenges and solutions for the Romanian banking system

McKinsey & Company

The pandemic is the biggest stress test in decades for the global banking system. Romanian banks need to fundamentally rethink their business model in order to overcome this challenge. Insights on Financial Services

A 2021 risk agenda for boards of directors at US banks

McKinsey & Company

The risks facing banks are likely to intensify in three key areas in 2021. Boards of directors can help their institutions get ready to manage the changing risk environment. Insights on Financial Services

Retail, Banking, and Technology Sectors Driving Global Holistic Web Protection Market, Finds Frost & Sullivan

Frost & Sullivan

Retail, banking and finance, and technology/telecommunications are the three key sectors driving the growth of the holistic web protection market,” said Mikita Hanets , Information & Communication Technologies Research Analyst at Frost & Sullivan.”Due

Cloud value in cash management

McKinsey & Company

A recent webinar highlights how banks can unlock significant value and competitive advantage through cloud. Digital Insights Banking Cloud computing

Food banks apply 2020 lessons to plan for their future

McKinsey & Company

Food organizations bring experience, analytics, and other advantages to the forefront in 2021, ensuring they are better prepared than they were before the pandemic. Food security Food and Agriculture

Five retail banking products that unite value and a sense of purpose

McKinsey & Company

As increasing numbers of customers look for products and services with positive social or environmental impacts, banks can add value through innovation. Insights on Financial Services Financial Services

Nigeria’s banking sector: Thriving in the face of crisis

McKinsey & Company

Bold ideas to help the industry build resilience and drive long-term sustainability. Middle East and Africa

Challenges and opportunities facing food banks under COVID-19

McKinsey & Company

Greater Chicago Food Depository CEO Kate Maehr looks back on 2020, the challenge of rising food insecurity, and ways the private sector can get involved. Food security

CXO perspectives: A conversation on the future of bancassurance

McKinsey & Company

Industry leaders show how banks and insurers can adapt to the digital shift. Insights on Financial Services Banking InsuranceThe COVID-19 pandemic is accelerating a number of industry changes that were already in full swing.

‘Keep it simple’: Aditya Puri on HDFC Bank’s path to market leadership

McKinsey & Company

The recently retired founder–CEO of India’s highest-valued financial institution reflects on how customer-focused innovation and disciplined risk management led to strong performance. Insights on Financial Services

The value of personal advice: Wealth management through the pandemic

McKinsey & Company

Insights on Financial Services Asset Management Retail banking North AmericaThe 10th annual PriceMetrix report examines an unprecedented year for North American wealth management.

Model life-cycle transformation in the next decade

McKinsey & Company

Risk Insights Banking Risk management modelsThe COVID-19 pandemic has created significant challenges for financial institutions in both modeling and model-risk management. A new approach to the ten-year-old SR 11-7 could help.

Transforming the end-to-end model life cycle through digitization

McKinsey & Company

Risk Insights Banking Risk management modelsWith increasing global complexities, those financial institutions that take a more integrated, strategic approach to model life-cycle management can unlock massive potential.

Mike Gaito, Global Head of Healthcare Investment Banking at J.P. Morgan talks #JPM21 going virtual, IPOs, and broader market trends for the new year

LaVoie Health Science Blog

The bank’s decision to move to a fully virtual format has created a ripple effect among other shoulder events organized around the week of the conference, often referred to simply as “JPM Week”. Last month, Mike Gaito, Global Head of Healthcare Investment Banking at J.P.

A credit lifeline: How banks can serve SMEs in South Africa better

McKinsey & Company

Small and medium-size enterprises are crucial to the economy in South Africa, and optimal support is needed to ensure their recovery and growth into the next normal. Middle East and Africa

Frost & Sullivan Unveils the Future of User Interfaces Shaping New Consumer Experiences

Frost & Sullivan

The COVID-19 pandemic has accelerated their use in healthcare, manufacturing, education, retail, and banking to simplify interactivity and improve engagement. Global augmented and virtual reality market is expected to reach $661.40 billion by 2025. Santa Clara, Calif.

Financial services unchained: The ongoing rise of open financial data

McKinsey & Company

If open finance continues to accelerate, it could reshape the global financial services ecosystem, change the very idea of banking, and increase pressure on incumbents.

The next S-curve in model risk management

McKinsey & Company

How banks can drive transformations of the model life cycle in a highly uncertain business landscape. Risk Insights

Turning over a new leaf: Using crisis to build back stronger

McKinsey & Company

Nationwide, food banks seek to expand their services to address more than hunger; one Washington, DC, food bank is using the loss of its partner network to do just that. Food security