The Revolution in Digital Banking | Marta Echarri | TEDxIEMadrid

How the transformation in fintech has made bank executives start from scratch in their career paths and mindset. Digital banks are shaping the future of this sector by applying disruptive technology and transforming their organizational culture and leadership styles. Marta Echarri shared her own experience of moving from formal suits to jackets and t-shirt, from high heels to tennis shoes, from bureaucracy to laissez-faire, from rigidity to flexibility. Marta Echarri joined N26 at the beginning of 2021 as the General Manager for Spain and Portugal, with responsibility for leading the growth strategy and presence of the digital bank in both markets. She also leads the company's technology hub in Barcelona.

With more than 15 years of experience in international banking, Marta joined N26 from the Swiss banking group Lombard Odier, where she was Senior Vice President. Previously, Echarri held various senior positions in JP Morgan's asset management divisions in its New York and Madrid offices.

[chakravarthyjogaraju]

Well this lady is great in SELF PROMOTION.

[ucfxrup]

Good talk she is right about how the banking industry is changing. Years from now most people will not need to go to a branch anymore.

[panashifzco]

good one....customer is the king....know your customers and their aspirations....the key..

[raijeliniubalavu]

Great presentation! "Innovation and Technology" the new banking norm

[brenokaua]

The transformations in the banks are very importants

[marcusaurelius]

I agree with her that " traditional banking" for retail is dead and I too hate would rather visit the dentist. Traditional banking should be scaled to level that is acceptable to retail.

[rupeshkasar]

Very good presentation and in-depth research

[samuelgidaygoodday]

lol some people are here for a lecture
This is a light experience sharing platform and I learned from it too. Change leaders should consider starting from scratch when the old way of doing things is outdated. I don’t know about non of ya but I get it.

[awsxy]

Wtf. She’s able to talk so much about nothing. Everything is about her and nothing about digital bank. Such a waste of time!

[flappypaddles_]

There's nothing revolutionary here at all. It's just the implementation of technologies that will replace a human teller. Basically, more tech, fewer jobs.
In today's society, the smartest amongst us are spreading their wealth decentrally across platforms that pay interest rates that are several orders magnitude higher than any high street bank would pay on capital balances, simply by converting fiat assets into cryptocurrencies. So if people are moving away from centrally ran banks and fewer and fewer people are being employed by banks as we move into the future, then the only 'Revolution in Digital Banking' that I can think of is that we will be able to do away with banks altogether; which is ironic given that "fintech has made banking execs start again from scratch in their career paths and mindsets".

[Jose-sohx]

some context is needed. this tedx was at a bussiness school so the target audience were aspiring entreprenuers and basic business types. the presentation isn't helpful for actually learning about digital banking

[hauptmannbalalaika]

We have ditched the digital banking and only go to bank branches now. We pay bills at the post office or send a cheque. When it comes to a link from our own device to our money - no way. Like we see it with medibank and FTX, digital is not safe. Every wall one man can build, another man can tear down. Try again, fintech, I do not want complicated multilevel, always changing procedures. Too much work!

[fearandloading]

“Some of my teamates will be working from their summer vacations homes in july and august”

Came looking for information about the transition to digital banking came to be. This feels like someone whose part of a pyamid scheme selling you on joining the party. Big talk about the benefits of tech (which is very far from news, we have been living in this world for 20 years.) and daggling the promises of riches in a distant future. I don’t think she’s a bad person, but this is a pretty useless.

[joud]

obviously she is so simple thinking, what is her background?

[couponqueen]

What's fintech? Well I guess she has the lingo down pat, but I didn't get much from this!