TD NEWCREST INVESTOR MEETINGS, APRIL 2004 Retail Banking Strategy ROB PEARCE President & Chief Executive Officer PCCG April 14, 2004 h��Wmo�6�+�x��ћ�b�P ɵY����n@�Z��%v`�C��GJ��鮷&X�E>$E*b�iJ. Careers. Build a customer-centric sales model for your bank. endstream endobj startxref Corporate. 0 Executives are divided as … RETAIL STRATEGY RETAIL STRATEGY A clear and definite plan outlined by the retailer … Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Improve your top-line growth, by bringing more people to your products. Respondents aren’t sure who will be the primary beneficiaries of these trends. Retail banks have long competed on distribution, realizing economies of scale through network effects and investments in brand and infrastructure. B ���� First, a retail bank should carve out a market position that is supported by its unique strengths. ����@ Clipping is a handy way to collect important slides you want to go back to later. Financial services is undergoing a paradigm shift that is forcing incumbent retail banks to rethink growth strategies as they struggle to remain relevant. PwC Retail Banking 2020 Overview. See our User Agreement and Privacy Policy. Add to Trailmix. If just 1% of the Wells Fargo employees have to make one banking presentation every month, we are talking about 28,800 banking ppt presentations every year, and this is just one bank, and only in the U.S. Services offered include: savings and checking accounts, mortgages, personal loans, debit cards, credit cards, and so 3. h�b```�� STRATEGIC PLANNING A bank’s board of directors is responsible for, among other duties, overseeing the bank’s strategic direction and providing senior management with risk parameters within which to exercise their business discretion. A game requires actions, and actions leave digital traces. Add to Favorites. Get ideas for your own presentations. Choices made today will impact not just current business, but the long-term stability of your company. All of this must be accomplished in an environment of limited resources and a need for near-immediate return on investment. SMEs’ economic role, moreover, is substantial. With flexible experience and product engines, you can provide relevant and precise products at the right time. Put Customer Needs at the Center of Sales Practices ~10 mins. learn more about predictive analytics . Incomplete. Strategic Review of Retail Banking Business Models We are already taking action to deal with harm 1.11 We are taking steps to act on identified and potential harms. Our analysis of the top retail banking trends for 2020 offers a glimpse into the fast-changing banking ecosystem and explores the tools and solutions being used to face new-age challenges. Incomplete ~30 mins. This will catch your audience’s attention and will make sure you leave an everlasting impact on them. Incomplete ~30 mins. 17 Likewise, at Nubank, a Brazilian digital bank, the number of accounts rose by 50%, going up to a total of 30 million. At the time we undertook to provide an update in a year’s time. Achieve a 360-Degree View of the Customer ~10 mins. Banking business models of the future Dr. Daniel Kobler Partner Banking Innovation Leader Deloitte Dr. Stefan Bucherer Senior Manager Consulting Deloitte Johannes Schlotmann Senior Consultant Consulting Deloitte. 3. Considering that banking, just like the law and accounting industries is a very bureaucratic industry, the need for reports and presentations is much higher than in other industries. What is retail bank? Asia is forecast to continue to take a larger share of global GDP. h�bbd``b`� $ &�MH0��< �\ Retail Banking System 2. endstream endobj 21379 0 obj <>/Metadata 570 0 R/OCProperties<>/OCGs[21399 0 R]>>/Outlines 640 0 R/PageLayout/SinglePage/Pages 21372 0 R/StructTreeRoot 683 0 R/Type/Catalog>> endobj 21380 0 obj <>/ExtGState<>/Font<>/Properties<>/Shading<>/XObject<>>>/Rotate 0/StructParents 0/Type/Page>> endobj 21381 0 obj <>stream Available on these trails. Our strategy is based on 3 pillars, which will drive our performance in 2020 and beyond:. Steps you might take. Considering that banking, just like the law and accounting industries is a very bureaucratic industry, the need for reports and presentations is much higher than in other industries. Retail banking is based on understanding customers, creating and marketing new products that directly address their needs. Up Close and Personal Banking Not to be outdone by McKinsey, the Boston Consulting Group weighed in with their prescriptions for banks in Retail Banking … * There are several implications of this definition of business strategy in retail banking. Time to achieve. Commercial Banking Global Banking & Markets Wealth and Personal Banking ... Our strategy positions us to benefit from long-term global trends, despite near-term headwinds from softening global growth and lower interest rates. Digital Transformation for the Retail Banking Industry 6 Top Strategic Digital Imperatives You and your decision-makers have the opportunity – and the need – to make a profound difference in the way your business is run. If just 1% of the Wells Fargo employees have to make one banking presentation every month, we are talking about 28,800 banking ppt presentations every year, and this is just one bank, and only in the U.S. ��t?�80�Wt40�1GsFGCKD�D�R�FH�A"�� "A� P��d�R�(�� ������?�A�� ��)� �m��r��L����3�0�3~���}���K��C7�s�I��%��j3� �*�׉��m/$^�8wf��'�T6�~C �3�MX�1�u%��Q � �+�� Temenos retail banking software uses predictive embedded analytics to help you better understand your customers. Retail strategy. Free Retail Sales Strategy PowerPoint Template design with the image of hangers in a shop is an awesome match for the shopping malls and garments shops. Just over half (54%) believe that large banks will be the winners, while the other half (46%) see smaller banks capturing share through increased differentiation. A STRATEGIC ANALYSIS OF CAPITEC BANK LIMITED WITHIN THE SOUTH AFRICAN BANKING INDUSTRY By Michael Coenraad de Lange Submitted in partial fulfilment of the requirements for the degree of MAGISTER IN BUSINESS ADMINISTRATION at the Nelson Mandela Metropolitan University Business School Research Supervisor: Prof JA Jonker November 2013 Retail marketing. Banking Innovation PowerPoint PPT Presentations. Strategic choices for banks in the digital age. Article (PDF -350KB) Consumers around the world are quickly adopting digital banking. Growing competition from BigTechs, FinTech firms, and challenger banks has added to the complexity created by increasingly stringent regulatory and compliance requirements. Powerful forces are reshaping the banking industry, creating an imperative for change. Omnichannel strategies and digital transformation in retail. Banks are beginning to accept open APIs and are working with third-party specialists to create an open shared marketplace. Top Trends in Retail Fintech Strategy Roadmap for Community Banks 5 2 Ibid. 2 1 February, 2012 Context for Investor Day Retail & Business Banking are important contributors to the Nedbank Group Following a thorough strategic review of the retail business, an Investor Day was held in January 2011 to outline the charting of a new path to sustainable, profitable growth. Fintech is no different. Benefits for customers . Deals Digital Regulation Risk Transformation. Build a customer-centric sales model for your bank. Customer Service Strategies for the Retail Banking Industry 6 of 20 Factors That Lead Customers to Shop Around More Because many banking products are undifferentiated commodities, retail banks are con-stantly looking for ways to set themselves apart from the competition to help them win and retain customers and improve the bottom line. As you can see, the set includes all kinds of high-definition Retail Banking PPT slides. All Time. When Barclays’ management team developed that strategy, they considered four major changes that are transforming the banking landscape. But large sections of the commercial banking world still rely on manual processes, despite their replacement by technology platforms at several banks. Sales Strategies for Retail Banking. INTERNATIONAL BANKING MODULE A. Prof. B.B. about the strategy of retail. 2020/. 1. Get the demo. Future of Retail Banking. Achieve a 360-Degree View of the Customer ~10 mins. Available on these trails. Increasingly, banks are turning to design thinking methodology to understand the customer journey, extract deep insights, and develop a more refined user experience across the customer lifecycle. This Digital Transformation Strategy Roadmaps PPT deck contains: 17 diagrams and illustrations to show digital transformation strategy and steps, development roadmap, areas and stages of transformation, timeline and application in industries Universal style diagrams in a modern flat filling style that fits any visual identity style (feel free to adapt colors to your brand ones). DOWNLOADS Open interactive popup. Looks like you’ve clipped this slide to already. Many are downloadable. Real people. Through Purple, accountants and entrepreneurs have been onboarded and invited to share their deepest requirements … 18. Incomplete. Set up a control tower process to evaluate which costs can be trimmed or eliminated. Innovate, accelerate and drive your digital transformation, offering your customers an unparalleled money management and digital banking experience. Bank collaboration with FinTech and RegTech partners is becoming commonplace. Bank of America’s business banking app witnessed a 117% growth in mobile check deposits. tags ~30 mins. There is no one-size-fits-all model to international banking. Fintech Strategy Roadmap for Community Banks 3 FINTECH STRATEGY ROADMAP EXECUTIVE SUMMARY Community banks are, and always have been, innovators focused on the prosperity of the customers and local communities they serve. Technology geared toward improving retail banks' operational efficiency is positively impacting the market. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Safely and virus-free 117 % growth in asia, mortgages, personal,... The primary beneficiaries of these four pillars is fundamental to success in the landscape. 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