The Youtap blog

What lessons have challenger banks learnt?

They have a business model that is digital to the core.

Put simply you cannot plaster a digital core over an incumbent bank.

A full digital core:

Enables them to innovate quickly
Offer a wide range of downloadable Apps
Onboard customers in a matter of minutes
Provide a wide range of tools that enable the customer to make the best financial decisions
Partner with innovative technology companies to speed up their time to market
Accumulate substantial amounts of data about their customers enabling them to target applications and service to grow their customer bases quickly

In this 4 part series Youtap! are exploring what it takes to build a Digital Bank.

Download the first part now:

Download

September 28, 2020

What lessons have challenger banks learnt?

They have a business model that is digital to the core.

Put simply you cannot plaster a digital core over an incumbent bank.

A full digital core:

Enables them to innovate quickly
Offer a wide range of downloadable Apps
Onboard customers in a matter of minutes
Provide a wide range of tools that enable the customer to make the best financial decisions
Partner with innovative technology companies to speed up their time to market
Accumulate substantial amounts of data about their customers enabling them to target applications and service to grow their customer bases quickly

In this 4 part series Youtap! are exploring what it takes to build a Digital Bank.

Download the first part now:

Download

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