Digital Bank Strategy — The Missing 4th Option
4 min readJun 27, 2020
I conducted a twitter survey on Bank Strategy and I was surprised by the inconclusive results. I asked my followers (who are mostly Finance and/or Technology folks) the best strategy for large incumbent banks to compete with new digital banks. The options were to buy a digital bank, build their own digital bank or transform themselves into a digital bank. Of the 1000+ survey responses, the opinion was split almost evenly!