The Digital Banking Revolution

By Luigi Wewege

About the book

How financial technology companies are rapidly transforming the traditional retail banking industry through disruptive innovation.

Over the past decade financial service innovations have contributed to a completely new way in which customers can bank, threatening the status quo of traditional retail banks, and redefining a banking model which has been in place for generations. These new technological advancements have facilitated the rapid emergence of digital banking firms and FinTech companies, leading to established banks being forced to swiftly increase their pace of digital adoption to stay relevant and stop mass client attrition to these agile financial start-ups. These threats come at an inopportune time for banks due to mature markets currently experiencing stagnant growth. This coupled with decreasing profit margins due to the competitive pricing of new entrants, and financial customer loyalty becoming ever increasingly more tenuous.

The Digital Banking Revolution
By Luigi Wewege

About the author

Luigi Wewege is President of award-winning Belize, Central America headquartered Caye International Bank. Outside of the bank he serves as an Instructor at the FinTech School which provides online training courses on the latest technological and innovation developments within the financial services industry.

He holds an Italian MBA from The MIB Trieste School of Management with a major in International Business, as well as a BSBA with a triple major in Finance, International Business, and Management from the University of Missouri-St. Louis.

Luigi is also the published author of: The Digital Banking Revolution which is available in audio, kindle and paperback formats throughout all major international online bookstores and is now in its third edition. For more information about Luigi, please visit his personal website here: https://www.luigiwewege.com.