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by James Robert Lay on October 12, 2021
Brief Summary of Episode #133
You can’t move forward if you are relying on the tools of the past.
Digital transformation is about, well… actually transforming.
But most banks aren’t just stuck in the past — they’re built on it.
That’s what Nathaniel Harley, Co-founder & CEO at MANTL, sees as the biggest impediment holding back financial brands from their digital growth journeys.
If you want to adapt and thrive in the new normal, however, you need to shed outdated ways of thinking…
And that means getting rid of your 60-year-old architecture.
Sure, it may cost you to transition, but you are facing something far-worse (and far more existential) if you don’t.
It’s no surprise that the gaps between different types of financial brands have been widening in recent years.
But really, it boils down to your ability to change.
And, I get it, change is hard — but it’s already here.
The question is: Are you ready to face it?
Key Insights and Takeaways
- Why community banks need to play to their strengths
- The need for innovation in finance
- Why customers have higher expectations than ever