Report

The future of digital banking in the UK

31 May 2021
31 May 2021
mins

Digital innovation is key to attracting and retaining your customers.

Just ask any CXO. In fact, we did—12 of them—and have now compiled their insightful interviews into a new report with Finextra: The Future of Digital Banking in the UK.

Taking a deep look at how world-leading banks are managing their digital transformations, the report features:

  • Nationwide – James Smith, Director of Digital
  • Standard Chartered – Rene W. Keller, CIO for Corporate, Commercial & Institutional Banking
  • NatWest – Andy Ellis, Head of Ventures
  • Coventry Building Society – Steve O’Donnell, Chief Information Officer
  • Investec – Rosemarie Pinto, Head of New Business Ventures & Innovation
  • first direct – Melissa Meshkat, Head of Digital,
  • Lloyds Banking Group – Nick Williams, Group Transformation Director
  • HSBC – Matthew Turner, Head of Digital
  • Yorkshire Building Society – Ben Sampson, Director of Digital Programmes
  • OakNorth – Sean Hunter, Chief Information Officer
  • Tandem – Noam Zeigerson, Chief Data and Technology Officer
  • Atom Bank – Stewart Bromley, Chief Technology Officer

Download the report today for actionable insights on how experts in leading UK&IE financial institutions are tackling the transformation of their institutions.

Download the report

Subline

I think culture is absolutely vital to making innovation sustainable, and you have to conceive that one of the big parts of culture for me is to realise it’s okay to fail. Innovation is about trying things, but it’s also about understanding that not everything is going to work.

Ben Sampson
Director of Digital Programmes at Yorkshire Building Society

I think culture is absolutely vital to making innovation sustainable, and you have to conceive that one of the big parts of culture for me is to realise it’s okay to fail. Innovation is about trying things, but it’s also about understanding that not everything is going to work.

Ben Sampson
Director of Digital Programmes at Yorkshire Building Society

With focus and persistence, over time digital platforms and experiences consistently become the first port of call when building a new product, process tool or feature, which in turn enables a collective sense of accountability and ownership.

Matt Turner
Head of Digital at HSBC UK

You should be able to move, to enable developers to change code safely without endangering the rest of the system and test in pre-production, without any risk to the rest of the system.

Andrew Ellis
Head of Ventures at NatWest

The level of acceleration and innovation that digital companies can adopt, by having a platform approach, a common capabilities-based approach show that it is the obvious way to go.

Steve O’Donnell
CIO at Coventry Building Society

With mass-use of cloud comes pace and agility, with pace and agility comes the ability to get things turned around with a marginal cost point much lower than we’ve had in the past, which is necessary to deliver against member expectations.

James Smith
Digital Director at Nationwide

Our motive to move to the cloud was clear; we wanted speed. We believe that by adjusting our strategy to a cloud-centric one, we’re ultimately in a better position to support both existing and future strategic technology requirements, and the ever-changing needs of our clients.

Rosemarie Pinto
Head of New Business Ventures and Innovation at Investec
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