Banking Transformed Podcast

Banking Transformed Updated Cover ArtAre you prepared to embrace change, take risks and disrupt yourself in response to the digital disruption in banking? Hosted by top 5 banking and fintech influencer, Jim Marous, the Banking Transformed podcast highlights the major leadership and cultural challenges facing the banking industry today. Featuring interviews with some of the top minds in business worldwide, this podcast explores the impact of digital disruption on the future of banking.

The Power of Open Innovation Platforms

FEATURING: Kris Kovacs, President and CEO at Constellation Digital Partners, LLC.
October 22, 2019

Every financial institution is looking for the next ‘big idea’ or ‘next generation’ digital app that will differentiate an organization by making banking easier and deployment of products and services less costly. With most banks and credit unions unable to build this type of digital capability internally, it is vital to be able to reach out to the largest possible number of creative thinkers. In banking, one way to accomplish this is through a pool of fintech firms who are working on behalf of a community of financial institutions to deliver custom solutions that can be deployed at scale.

For a perspective on this relatively new way for fintech firms and financial organizations to partner, we’re joined by Kris Kovacs, president and CEO of Constellation Digital Partners. Kris and his team have built an organization focused on open innovation solutions for traditional financial institutions. In this episode, Kris will discuss his organization’s mission and the benefits of open innovation for fintech firms, financial institutions and the consumer

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A Practitioner’s Guide to Digital Transformation

FEATURING: Sonia Wedrychowicz, Previous digital transformation leader at JP Morgan Chase and DBS Bank
October 15, 2019

Many people talk about digital transformation in financial services, but few have actually built a digital banking organization from the bottom up. What are the strategies and components of success? What are the challenges and barriers that can derail a digital transformation journey? And, why are so few traditional financial institutions able to effectively compete with new fintech firms and large techfin corporations?

In this episode, Sonia Wedrychowicz, previous head of digital transformation at both JP Morgan Chase and DBS Bank, shares how she helped build one of the most successful digital banks in less than a year. In addition to discussing the importance of a ‘digital culture’, she shares her perspective on agility, how to humanize a digital experience, and leadership lessons she learned on her path to becoming a black belt in kickboxing.

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How Mobile Banking Drives Digital Transformation

FEATURING: Thomas Hogan, President of North America, Temenos
October 8, 2019

Mobile initiatives are aligning with emerging technologies to become the centerpiece of most enterprise-wide digital transformation efforts at banks and credit unions. The proliferation of mobile devices has moved mobile apps beyond a transactional entry point, with an increased emphasis being placed on creating exceptional customer experiences that boost productivity, loyalty and contextual engagement regardless of the device or operating system.

For a perspective on the changing dynamics of digital engagement and the importance of the mobile channel, Thomas Hogan, president of North America for Temenos, shares how organizations of all sizes can now build world-class mobile apps. He also discusses the importance of agility, mobile design and how a digital culture can enable the deployment of digital solutions at the pace of change.

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Building One-To-One Digital Relationships

FEATURING: Don Peppers, Bestselling author, global authority on customer focused strategies
October 1, 2019

It is imperative to build and maintain a customer-centric business during periods of digital transformation. To accomplish this, firms must focus on the customer experience, leveraging corporate culture, strategy, technology, and data analytics. Which firms are the best at being able to accomplish this objective? Which firms are failing to live up to customer expectations … and why?

In this episode, world renowned bestselling author and customer experience guru Don Peppers shares his insights on what is needed to be a customer-focused leader in a digital world. He also looks back 25 years and discusses how the lessons from his first book, ‘The One to One Future’ still apply today.

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A Futurist’s View of Banking and Technology

FEATURING: Brett King, Bestselling author, radio host and founder of Moven
September 24, 2019

Digital disruption is occurring globally, impacting not only the way products and services are consumed, but how they are marketed and delivered using modern technologies. The impact is felt in all industries, but especially in banking, where legacy systems and culture work counter to most transformation efforts. One of the biggest challenges is how these changes are impacting the future of work and the potential displacement of millions of workers due to automation, robots and the restructuring of organizations.

In this episode, Brett King, bestselling author, founder of neobank Moven, and host of the weekly radio show, Breaking Banks, discusses the threat of new competition in banking, some potential solutions, and the potential for global unrest caused by the impact of automation and new technologies.

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It’s Time to Rethink the Innovation Process

FEATURING: Rohit Bhargava, Professor of Global Marketing at Georgetown University
September 17, 2019

The future of innovation is not defined by technology. Innovation is defined by doing something new and different that works. Organizations hoping to succeed in their digital transformation journey must avoid simply adding something new, and consider the elimination of old paradigms.

In this episode, we interview Rohit Bhargava, Author and Professor of Global Marketing at Georgetown University about the importance of innovation and why so many organizations fail because of ‘innovation envy’, not looking outside their own industry or not applying data effectively.

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The Magic of Digital Transformation at Disney

FEATURING: Doug Lipp, Consultant and Author of the Book, “Disney U”
September 10, 2019

Disney is a great example of an organization that has changed tremendously through the years, leveraging data and new technology without forgetting their legacy or relinquishing their brand. At a time when financial institutions are caught between legacy cultures and the demands of a digital consumer, Disney has found a way to integrate modern technology with a personalized human touch. They have accomplished this through strong leadership, innovation, an emphasis on hiring the right people, extensive training and some Disney ‘magic’.

In this episode, we talk to Doug Lipp, consultant and author of the book, “Disney U” about the importance of building a digital culture from the inside-out, leveraging training and continuous reinforcement to encourage a magical mix of modern technology and human engagement.

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Contextual Data is Changing the Future of Banking

FEATURING: Hossein Rahnama, CEO and Founder of Flybits
September 3, 2019

The financial services industry has seen a great deal of disruption from digital-based alternatives. Many of these challengers use advanced technology and expanded data sets to offer apps that provide financial solutions at a lower cost, with less friction and greater personalization than traditional bank or credit union offerings. Toronto-based startup Flybits believes that the best way to compete in the future is not just by developing innovative products and services, but by becoming the repository of choice for data in addition to money.

In this episode, Hossein Rahnama, CEO and Co-Founder of Toronto-based Flybits, discusses how the future of financial services will be based on the ability of institutions to use contextualized insights to enrich consumers’ daily lives inside and outside of banking.

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Abigail Posner profile pictureHow to Humanize Digital Experiences in Banking

FEATURING: Abigail Posner, Director of Strategy for Google
August 9, 2019

In a digital world, consumers can acquire enough information about a product or service on a smartphone or online to make a purchase decision without ever asking a question of a customer service representative or walking into a physical store (branch). Whether a consumer wants to buy a protein bar or new automobile, they can now leverage digital channels at each step of the customer decision journey, bypassing the traditional step-by-step sales funnel behavior.

In this exclusive interview, Abigail Posner, Director of Strategy for Google’s Brand Unit, discusses the importance of having an in-depth understanding of consumers in the digital space and translating these insights into personalized strategies for creative and content development.

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Gary Vaynerchuk profile pictureStatus Quo Is Not an Option

FEATURING: Gary Vaynerchuk, CEO of VaynerMedia
August 2, 2019

Gary Vaynerchuk (Gary Vee) is a serial innovator, social media icon, chairman of VaynerX, and the active CEO of VaynerMedia. He wants you to have a proactive approach to marketing and be willing to disrupt yourself to avoid obsolescence. In this interview, Gary discusses the use of social media, the need for supportive culture and leadership and the importance of a personal brand.

During this interview, you quickly realize that his level of engagement and passion for what he does and communicates is no act for social media. He is a huge believer in the value of hard work, testing new ideas, helping others succeed and disrupting oneself.

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Jeffrey Hayzlett profile pictureLeadership Lessons for Bankers from the Former CMO of Kodak

FEATURING: Jeffrey Hayzlett, former CMO of Kodak
July 26, 2019

In this exclusive interview, Jeffrey Hayzlett, the former CMO of Kodak, discusses the importance of strong leadership, the need for a well-defined culture, and the risk of being passive when your industry is facing massive disruption.

Hayzlett challenges bank and credit union executives to examine their values and behaviors while aligning values with an organization’s overall mission. He also stresses the importance of embracing new technology and the need for leaders to not become passive.

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Jim Marous Profile PictureAbout Jim Marous

Named as one of the most influential people in banking, Jim Marous is an internationally recognized financial industry strategist, co-publisher of The Financial Brand and the owner and CEO of the Digital Banking Report. The Digital Banking Report is a subscription-based publication that provides deep insights into the digitization of banking, with over 150 reports in the digital archive available to subscribers.

As a sought after keynote speaker, author and recognized authority on disruption in the financial services industry, Marous has been featured by CNBC and CNN, Cheddar, The Wall Street Journal, New York Times, The Financial Times, The Economist, The American Banker and has spoken to audiences worldwide. Jim has also advised the White House on banking policy.

You can follow Jim on Twitter and LinkedIn or visit his professional website.