What financial brands need to do to avoid their own Uber moment
It feels like every business is at risk of disruption. Today, business models either evolve or they get reinvented.
From Amazon changing retail, to Instagram making everyone a photographer, to Uber allowing anyone with a car to be their own transportation consultant (ie taxi), the constant is rapid business evolution. Brands that have failed to adapt like Kodak have disappeared and the brands that have appeared in their place like Instagram and Uber have grown in scale and value incredibly quickly
But through it all, one sector has managed to remain for the most part static; retail banks remain almost unchanged. And Read full story ›
Source: The Drum




