Don’t Miss Digital Banking Strategist Alex Jimenez Speak on The Future of Consumer Banking

We are thrilled that Alex Jimenez, Chief Strategy Officer at Extractable & Former Chair of the CBA Digital Channel Committee, will be joining us at the Digital Banking in a Post-Pandemic World live virtual summit on September 15th, 2020. This is your chance to hear from a leading industry expert on the risks and opportunities in the fintech space during the panel Live Q&A: Banking in 2021 - The Future of Consumer Banking. Read on to get a sneak peek of what you can expect from Alex Jimenez’s speaking engagement at the Summit, and why it’s worth your time.

Learn About the Future of AI and Machine Learning at Banks

How can banks extend products and services beyond the usual offerings? And how can banks plug into fintech companies or even competitors to bring more value to customers? These are some of the questions that interest Alex Jimenez and that he will be addressing in the panel. There are many industries where platforms have replaced the incumbents. That isn’t happening yet in American banking, but this approach may allow banks to better serve their customers. In order for traditional banks to survive into the future, they need to figure out what value they bring, particularly in the digital world. The reality is that US banks are very risk-averse when it comes to compliance, making innovations like platformizing banking less ubiquitous than in other places. For example, fintechs often serve emerging markets because traditional credit checks and authenticators don’t apply. And in Europe, open banking has caught on as a result of the EU PSD2 regulation. Necessity has truly been the mother of invention outside the States. But US banks should keep learning about the different applications of AI and machine learning, and find ways to digitally transform typically cumbersome sales, onboarding, ID verification, and security processes. This will ensure that US consumers will continue to find value in their existing banks. Watch Alex Jimenez speak on Finovate TV here:

Alex Jimenez: A Strategic Influencer in Digital Transformation in Banking

Alex Jim currently serves as the Chief Strategy Officer at Extractable, a San Francisco-based digital strategy and UX agency that uses data to design digital experiences that drive results for financial services clients. Alex’s experience in strategy development and leading digital transformation is key as Extractable continues to help their clients in this journey. Prior to joining Extractable, Alex led digital transformation at Rockland Trust, a community bank in Massachusetts. He managed the implementation of digital banking, a digital branch, digital customer service, social media, payments strategy, and the rebuilding of their website and all digital assets. Alex also managed the strategic planning for the office of the CIO at Zions Bancorporation. There, he was instrumental in developing Zions’ digital transformation and payment strategy. During his career, he has held positions in operations, process and project management, strategy development, marketing and customer experience at Rockland Trust, Bank of America, Fleet Bank, and CIGNA. Alex has been recognized as one of the top social media influencers in fintech, innovation, regtech, wealth management, blockchain, and digital marketing by various organizations. He was the chair of the Consumer Bankers Association’s Digital Channel Committee and a member of the American Banking Association’s Fintech Committee. He has been published by The Financial Brand, Finovate, CFO Outlook, CIO Insights, and the Irish Tech news. He has been quoted in the Wall Street Journal, the Boston Globe, The Financial Brand, the American Banker and the Boston Business Journal.

Ready to join Alex Jimenez and other industry leaders at the Digital Banking in a Post-Pandemic World Virtual Summit on September 15th? Register now!