You Can’t Out-Innovate the Market to Compete with Neo-Banks with Dieter Halfar
Episode description
It’s getting tougher for traditional banks to compete with the emerging neo-banks. While many are taking the steps to keep up, these banks must look into replacing legacy infrastructure if they want to stay relevant in the long term.
Today’s guests, Dieter Halfar, Partner at Elixirr, and David Reiss, Programme Director, Strategic Partnerships at Currencycloud, talk about what financial services should be focusing on and what’s next for the space.
In this episode, we discuss:
- Discussing key considerations for a finance company
- Thinking carefully about the product features that you launch
- Core differences between an off-the-shelf banking as a service provider and the orchestration layer
- The importance of customer acquisition and retention for new banking brands
- How to stay relevant as a traditional bank
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Until next time!
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