Unlocking the banking technology workforce

McKinsey & Company

Leading banks have made deep-seated changes to their technology spending priorities, role mix, and talent mix, unlocking a step change in productivity. Insights on Financial Services Banking

Lessons from the rapidly evolving regulation of digital banking

McKinsey & Company

Regulators seeking ways to balance protection of customers’ interests, financial institutions’ risks, and their other policy objectives for digital banking can learn from early regulatory experiences. Insights on Financial Services Banking

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Banking on the ‘soft stuff’

McKinsey & Company

The lessons of transforming performance at one midsize US bank came down to shifting mindsets and behaviors. Transformation Insights Banking Corporate strategy

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

How banks can build their future workforce—today

McKinsey & Company

During the pandemic, some banks have learned to reskill, at scale. Insights on Financial Services Banking OrganizationHere, they share their secrets.

In banking, location is everything again—for now

McKinsey & Company

With growth diverging again in emerging versus developed economies, banks need to remap their market strategy. Our Insights Banking Strategy Emerging Markets

How transaction banks are reinventing treasury services

McKinsey & Company

As clients demand solutions to enhance their corporate treasury activities, banks are increasingly partnering with fintechs and software players. Insights on Financial Services Financial Services

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.

From tech tool to business asset: How banks are using B2B APIs to fuel growth

McKinsey & Company

Banks can use APIs to generate income growth from corporate customer segments, improve customer experience, and fuel innovation. Insights on Financial Services Financial Services Disruptive Technology

Beyond digital transformations: Modernizing core technology for the AI bank of the future

McKinsey & Company

For artificial intelligence to deliver value across the organization, banks need core technology that is scalable, resilient, and adaptable. Insights on Financial Services Financial Services Risk Retail & Small Business BankingBuilding that requires changes in six key areas.

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

Emerging markets leap forward in digital banking innovation and adoption

McKinsey & Company

As consumer use of digital banking accelerates in Asia–Pacific, the region’s emerging markets have become the hub of banking innovation for digital business models. Insights on Financial Services Financial Services

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.

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.

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

A new frontier for transforming nonpersonnel cost management in banking

McKinsey & Company

COVID-19’s economic impact makes cost management critical for banks. Three actions pave the way to lower expenses while maintaining customer satisfaction. Insights on Financial Services Financial Services

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.

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

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.

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.

Preparing for a Business Loan

Ground Floor Partners

Is Bank Financing Right for You? Most banks balk at companies with less than two years of operating history. And even if a bank says no collateral is required, they will often require a personal guarantee. 15 Questions to Answer Before Seeking a Bank Loan.

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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

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

Registered investment advisors: How US banks can weigh the M&A potential

McKinsey & Company

Valuations are high, but this should not deter banks from carefully exploring acquisitions. RIAs are a profitable and growing segment in US wealth management. Insights on Financial Services 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 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

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

Future of Asia: The future of financial services

McKinsey & Company

Insights on Financial Services Banking Insurance Payments Asia-PacificChanges in Asia's consumer markets offer new and diverse opportunities for growth.

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

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

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

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

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

Author Talks: Gottfried Leibbrandt on why cash may be a thing of the past

McKinsey & Company

McKinsey on Books Payments Banking DigitalThe digital revolution in payments is under way. What does that mean for how we think about payments and the way that money moves?

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.

‘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

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.