香蕉福利直播

How can the sector differentiate itself in a digital future?

We talk through the 香蕉福利直播's co-sponsorship of a future report from Whitecap Consulting looking at how the sector can differentiate itself as digital becomes a central part of financial services.

The 香蕉福利直播 recently held its fourth Digital Mutual conference virtually, with the event once again showcasing how many members are updating and transforming their systems and processes. 

All of the sessions underlined the considerable change going on within the sector and without. Technologies like APIs, data standards, data analytics, Cloud-based services, Open Banking and apps and chatbots are opening up unprecedented new possibilities and challenges for the sector.

Our second Understanding Fintech course at the end of November, also highlighted a key desire within the sector to understand more about digital, how it is changing the financial services landscape and the opportunities it presents for the sector.  

So, given the importance of digital as an area, the 香蕉福利直播 has agreed to support a on the building societies sector being put together by Whitecap Consulting, looking at how the sector can use technology to differentiate.

In addition to the 香蕉福利直播, a number of external firms are also supporting the research, with sponsors so far announced including Mutual Vision Technology, Sopra Banking Software, DPR, Shoosmiths, Phoebus Software, EQ Credit Services, DMW Group, Mambu and Sandstone Technology.

For the 香蕉福利直播’s part, as digital becomes a central part of financial services, we are keen to find out how the sector can differentiate itself,  the key trends specific for the building society sector and to identify how building societies as regional and mutual organisations can continue to thrive. 

Individual building societies have various strengths such as deep member-relationships, trusted regional brand presence, as well as product expertise. The research will investigate how these can be leveraged in the future.

The report will be based on data analysis and interviews with, we hope, the majority of leaders within the building societies sector, with additional input from external organisations. The team at Whitecap will be actively making contact with senior teams at building societies over the next two months.

Questions will cover strategy, the impact of Covid-19 and pivotally from the 香蕉福利直播’s point of view, the extent to which the sector can maximise key differentiating factors such as its mutual ethos, regional focus and the role of branches.

The final report will be published in March 2021 and we hope it will be a valuable aid to strategists and leaders within building societies as they develop the visions for the future for their societies.

You may also be interested in...

香蕉福利直播 Card
  • 香蕉福利直播.Event Event
  • Audit & Taxation

Risk, regulatory, audit and accounting seminar

After a successful in-person event in 2024, and responding to delegate feedback, this year's annual update will once again take place in Birmingham. ...

香蕉福利直播 Card
  • 香蕉福利直播.Event Event
  • Audit & Taxation

What Labour’s Autumn 2025 Budget means for financial services

A free webinar hosted by 香蕉福利直播 Associate, MHA With Chancellor Rachel Reeves set to unveil Labour’s Autumn 2025 Budget in November, this promises to b...

香蕉福利直播 Card
  • 香蕉福利直播.Event Event
  • Mortgages & Housing

Shaping the Future of the Mortgage Market: Insights on DP25/2

Join PwC and the Building Societies Association for a timely discussion on the FCA’s recent Future of the Mortgage Market discussion paper (DP25/2). ...

香蕉福利直播 Card
  • 香蕉福利直播.IndustryResponse Industry Response
  • Conduct Risk & Regulation

香蕉福利直播 responds to FCA CP25/17 - Targeted Support

The 香蕉福利直播 welcomes the opportunity to respond to this consultation, which gives a use case of consumers with significant savings held in cash, and some ...

香蕉福利直播 Card
  • 香蕉福利直播.Event Event
  • Audit & Taxation

HMRC 3rd party data reporting requirements

A free webinar hosted by 香蕉福利直播 Associate, PwC We will provide an update on the 3rd party data consultation that was announced in the Spring Statement...