Skip to main content

Compared with its steam-powered counterpart, the findustrial revolution was swift. In only a few years, financial technology (fintech) revolutionized finance. Fintech-enabled neobanks put much of the focus on banking, and some now rival traditional banks in terms of customer numbers.

An emerging parity with traditional banks is testimony to neobank success. But disruption was the easy part, and neobanks are now under intense pressure to take their customer engagement and digital innovation solutions beyond core banking services.

As Alexis de Tocqueville once mused in his writings on revolution:

“The most difficult part to invent is the end.”
- Alexis de Tocqueville, Souvenirs (1893)

The pressure is coming from many sides. It brings with it five main ways for neobanks to thrive:

  • Product line extensions
  • Global expansion
  • Continuous innovation
  • Operational improvements
  • Gap filling

Download “After the findustrial revolution: How neobanks can continue to thrive” to learn how banks can address these five opportunities and achieve their end goals.

Download the Report

Related Resources

Report
The Art of Acquisition: Wooing Retail Bank Customers in the Digital Age

This report looks at how today’s retail banks can build re-imagined digital-first banking experiences that are seamless, convenient and intuitive—starting with customer acquisition.

Report
Banking's Next Experiment: Innovation in a Digital, Post-Covid World

Learn how financial institutions are testing new ways to reach and engage today’s banking consumer, and how they’re applying those results.

Infographic
Infographic: The Art of Customer Acquisition

Retail banks struggle to deliver strong return on investment from their customer acquisition efforts. This infographic outlines a five step methodology to help grow your business through a successful digital acquisition program.

Interactive Infographic
Interactive Infographic: Banking's Next Experiment

Financial institutions must continuously test new ideas and weed out failures to find success in the digital age. Discover how Test & Learn is enabling banks to test ideas while in market to get fast results in this interactive infographic.