10 steps to starting a digital banking transformation
by Colin Murphy
Most financial institutions understand the power of digital. The more pressing question, though, is how an organization brings all the components together to turn digital transformation into reality.
Digital transformation can alter business activities, processes, competencies and models to leverage technologies in a strategic and prioritized way. Even though financial institutions see the value of digital transformation, finding the necessary digital and leadership capabilities can be a struggle.
So how do you get started? Look at transformation as a journey. It starts with figuring out where you want to go and how you’re going to get there.
For financial institutions that are ready to start down that path, here are the first 10 steps to take.