banking

There’s a first to everything. Being at Cisco for three and a half years now, I was asked to co-host my first #CiscoChat. Should be in line with first day on the job, first customer presentation, first Tweet, right? Having just came back from the CEB Technology in Financial Services Summit, witnesse…

The financial crisis of 2008 cast a negative shadow on the banking industry. And the series of banking scandals that followed resulted in the public’s loss of trust in banks. “The disconnect between banks and customers has reached a critical point. As this “value gap” continues to widen, many custom…

The complexity of ‘digital disruption’ is challenging financial institutions to seek new ways to manage critical areas of their business. Banks know they must leverage new digital capabilities in order to satisfy consumer demand and maintain an optimal risk and expense structure. Now more than ever,…

I am a millennial and my entire financial life fits in my front pocket. Whether I am setting up automatic credit card payments, paying a friend back for a dinner he paid for, making my monthly rent payment, or buying the latest Wall Street darling stock; it can all be accomplished with four or five…

How often do you bank? ? For me, it’s a few times a week, but more frequently when I have a few bills to pay. Today, digital technologies makes checking balances, transferring money and even depositing checks an “anytime, anywhere” process using apps and mobile devices. Banks and other financial ins…

So This Guy Walks into a Branch… I like to think of myself as a tech-savvy consumer, and that includes my banking habits. That means that I rarely step across the threshold of my bank’s branch, since most of what I need can be accessed online, or via my bank’s mobile app. However, when it comes to c…

As a connected consumer, I can buy a book, plan a vacation, or choose a movie from any number of devices and from any location (home, office, car, or airport!). These interactions are not only convenient, they are more and more highly personalized and tailored to my likes and dislikes. We have all e…

Banks are experiencing market disruptors attacking from many angles. They’re facing competition not only within the financial services industry, but also from non-traditional banking institutions that are delivering new mortgage lending models and innovative digital services that provide the conveni…

Cisco’s recent survey of 7200 banking customers in 12 countries left me with a crystal-clear takeaway: consumers are ready for the Internet of Everything (IoE) — and they want it now. But to meet that demand, banks need to assess their own capabilities as they begin to light up their own “dark asset…