- Hardcover: 288 pages
- Publisher: Wiley; 1 edition (May 5, 2014)
- Language: English
- ISBN-10: 1118900146
- ISBN-13: 978-1118900147
- Product Dimensions: 6.3 x 1 x 9.3 inches
- Shipping Weight: 1.2 pounds (View shipping rates and policies)
- Average Customer Review: 24 customer reviews
- Amazon Best Sellers Rank: #660,321 in Books (See Top 100 in Books)
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Breaking Banks: The Innovators, Rogues, and Strategists Rebooting Banking Hardcover – May 5, 2014
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From the Inside Flap
The banking industry is not known for radical innovation, but inan age when radical innovation is the new normal, banks will haveto learn to keep up. In Breaking Banks: The Innovators, Rogues,and Strategists Rebooting Banking, Brett King reveals that newideas are here to stay, and innovators are determined to change theway money moves. Through interviews with leading industrydisruptors at Google, PayPal, UBank, and beyond, King hasdiscovered the depths of new banking.
Organized by topic, Breaking Banks delves into thewho, what, when, where, and why of the latestconcepts, tools, and approaches in banking. You’ll read whatthe brightest minds in financial technology have to say abouttopics like BitCoin, P2P lending, social media, automated banking,and neo-banks. Banking is changing, and a few innovators arespearheading these changes. Brett King, author of theinternationally renowned book BANK 2.0, has an uncannytalent for getting industry leaders to open up about theirlong-term goals and predictions, and an even more impressive knackfor analyzing case studies and revealing profound implications.
Banking executives, financial investors, and entrepreneurs havenoticed the rapid pace of change in banking, especially in the wakeof the recent global financial crisis. Where are these changescoming from, who is driving them, and where is the industry headedin the next 5, 10, 20 years? Understanding the answers to thesequestions is an absolute must for anyone involved in the financialsector. The rest of the global economy has undergone massive shiftsthanks to new technologies and shifts in consumer mindsets. In thenear future, banking will be no exception. Breaking Banks isan inside look at the people and ideas that are leading theindustry into a new era.
From the Back Cover
Praises for Breaking Banks
“Only Brett King could bring together the most formidabledisruptors, innovators and thought leaders in the financialservices industry to provide their perspectives on emerging trendsand strategies impacting banking today. More than just interviews,Brett digs deeper into these trends and provides his perspective onways banks can use these insights to their advantage. This book isa must read for any banker or industry follower wanting to beprepared for the disruptive road ahead.”
—Jim Marious, Bank Marketing Strategy
“I found this book highly insightful; it clarifies thedifferent perspectives of a broad variety of players who alreadyare and who will be in the future banking ecosystem. It is usefulreading for any bank devising its future strategy to become avalue-creating leader.”
—Piercarlo Gera, Global Head of Financial ServicesIndustry Practice, Accenture
“In Breaking Banks, Brett provides us with truefront lines reporting from the battlefields of financial servicesdisruption. We hear from the disrupters themselves, curated andrevealed by Brett’s thoughtful interviewing style, and framedby key data and industry observations. A must read for anyone inthe industry.”
—Matt Harris, Managing Director, Bain CapitalVentures
“In Breaking Banks, Brett continues to articulatethe change continuum he began in Bank 2.0 incorporating thenew world of technologies that enable augmented communications,virtual currencies and the internet of everything. This importantdialogue clearly shows that banking is an industry being disruptedbeyond belief. It’s just a shame that only a few visionarieslike Brett can see it.”
—Chris Skinner, Chairman of the Financial ServicesClub
“As the world seeks more common sense solutions tofinancial problems, the old banking system with its friction, rulesand policies are coming up against some serious challengers. InBreaking Banks Brett King gives us a great snapshot of theinnovators that are trying to create that new future, and thatfuture is liberating for the financial consumer.”
—David Bach, nine times New York Timesbestselling author
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Brett's book therefore is very timely and can be used to vet one's strategy and fine tune as required based on the fresh data that he is presenting. I especially liked his approach of seeking inputs / data from the key players directly & presenting them in an interview format, thereby helping the readers to do their own assessment as well and in turn agree/disagree with Brett's interpretation and his views.
It is a good read, though, if you do not worry too much about who wins or loses, but what is coming. There is no question that technology is going to drastically change how banking is done, and this book is quite good on some of changes to expect.