Bank 4.0: Banking Everywhere, Never at a Bank

Brett King is an international bestselling author, recognized commentator, and well-known business futurist. He has spoken to over a million people in over 50 countries about how technology is disrupting business, changing behavior, and affecting society. He advised the Obama White House, the Federal Reserve, and the National Economic Council on the future of banking in the United States, and he consults with governments and authorities worldwide.

Bank 4.0 investigates the fundamental transformation that is already occurring in banking and pursues it to its logical conclusion. What will the banking industry look like in 30 years? 50 years? The world's greatest banks have been pushed to adjust to new consumer behaviors; regulators are reconsidering friction, licensing, and regulation; and Fintech start-ups and tech titans are reimagining how banking integrates into consumers' daily lives. Banks must develop new competencies, jobs, and skills in order to survive. The future of banking is incorporated in voice-based smart assistants like Alexa and Siri, as well as soon smart glasses, which will guide you on everyday spending and money decisions. In the impending Bank 4.0 era, your bank will either be technologically integrated in your environment or it will cease to exist.

In this last chapter of Brett King's BANK series, we investigate the future of banks in the face of technological innovation and discover a revolution already underway. Bank 4.0 demonstrates that we are no longer on Wall Street, with re-engineered banking systems, selfie-pay, and self-driving cars. Among the best books on banking, Bank 4.0 will assist you in the following ways:

• Recognize the historical parallels that point to a fundamental shift in finance.
• Discover low-friction technological experiences that undercut today's products.
• Consider the evolution of identity, value, and possessions as cash and credit cards become outdated.
• Learn how Fintech and digital "disruptors" are reshaping banking economics through behavior, psychology, and technology.
• Examine how blockchain, artificial intelligence, augmented reality, and other cutting-edge technologies are laying the groundwork for the future of banking systems.

If you look at specific technology or businesses disrupting the space, you may overlook the most important signs of the future, as well as the fact that most of what we've learned about banking over the last 700 years is no longer relevant.

When the world's largest bank isn't any of the names you'd anticipate, branch networks are a burden rather than an asset, and advising is the domain of Artificial Intelligence, we may have to start from scratch. Bank 4.0 transports you to a future where banking is instant, smart, and omnipresent, and where you must adapt faster than ever before in order to survive.

Author: Brett King

Link to buy: https://www.amazon.com/Bank-4-0-Banking-Everywhere-Never/dp/1119506506/

Ratings: 4.6 out of 5 stars (from 334 reviews)

Best Sellers Rank: #98,364 in Books

#9 in Banking (Books)

#60 in Business Planning & Forecasting (Books)

#97 in Banks & Banking (Books)