This Week In Digital: August 30, 2019

As we head into Labor Day weekend here in the U.S., I realize a lot of you are probably already on your way out the door–mentally, if not physically–for one last summer trip. Or at the very least, to enjoy the three-day weekend and maybe the official start of college football season. In case you need some light reading to get you through the rest of your Friday, though, here’s the latest This Week In Digital. Enjoy!

  • Digital-only banks—where developer talent meets banking - Ed Boyle, Jax Enter, August 28, 2019

    Traditional banking is often held back by outdated technology and a lack of innovation. However, digital banks are on the rise in the UK, Germany, and parts of Europe. How do digital banks differ from traditional solutions, and why should developers be taking note of this up and coming financial institution?

  • Study Proves Being a Digital Banking Leader Boosts Financial Returns - Steve Cacheo, The Financial Brand, August 27, 2019

    Being a digital banking fast follower may seem to be the safe play, but coming in behind the leaders no longer produces the results that financial investors will reward. A new study says it’s time to strive to press to the head of the digital race, or risk languishing at the back of the pack.

  • Banks in rural areas need to step up their mobile game - Paul Schaus, American Banker, August 27, 2019

    The acceleration of urbanization will change how banks service rural communities in the coming years.

  • Top 5 Digital Transformation Trends In Retail For 2020 - Daniel Newman, Forbes, 2019

    Each year, I take a look at the major digital transformation trends hitting every industry. Next up are the big digital transformation trends in retail for 2020.

  • The Pillars of Successful Digital Transformation Focus on Strategy, Data Analytics and Commerce - Kevin Eichelberger, AdWeek, August 28, 2019

    As co-leaders of a digital customer experience company, we’ve seen how business models across industries are being regularly upended. Part 1 in a 4-part series

  • IoT accelerating digital transformation initiatives — Gartner - Nick Ismail, Information Age, August 29, 2019

    CTOs and CIOs must take advantage of the predicted 5.8 billion enterprise and automotive IoT endpoints that will be in use in 2020 to accelerate digital transformation

  • Digital Transformation Is Further Along Than You Think - Rick Veague, Forbes, August 29, 2019

    We have reached an inflection point where business success will be determined not just by sound business thinking but by the use of technology to execute on that thinking in an optimal fashion. Digital transformation is all about thinking and imagining how business models and processes are affected by the application of technologies that, up until a few years ago, were nonexistent in the business world or deemed cost-prohibitive.

  • Digital Transformation Can Enable Typical Procurement Organizations To Reduce Cost by 45% - Patrick Burnson, Supply Chain Management Review, August 27, 2019

    At the same time, say researchers, procurement specialists are “enabled” to improve effectiveness and customer experience.

  • Cybersecurity Readiness: A Must-Have For Digital Transformation Success - Arthur Wong, Forbes, August 29, 2019

    Enterprises today are facing challenges that are forcing them to embrace new technologies and applications that drive decision-making strategies based on hard data and real-time situational analysis and rely less on pure gut instincts. Digital transformation has become more than a buzzword with the promise of delivering deep insights into operations and areas for improvement in everything from talent retention and product development to greater efficiencies across the supply chain.

  • Digital transformation: 10 counterintuitive tips - Carla Rudder, The Enterprisers Project, August 26, 2019

    No two digital transformations look alike - so why do so many organizations try to follow the same rules? Turn common wisdom on its head with these tips from CIOs and tech execs

  • What’s Necessary To Realize The Promise Of Digital Health Solutions? - Rob Wright, Life Science Leader, August 30, 2019

    “Does anybody remember a story this past December where the Apple Watch was credited with saving a man’s life?”

  • Why ‘one app to rule them all’ is not the future of digital health - Chris Hogg, Tech Crunch, August 27, 2019

    “One app to rule them all” is a compelling idea if you’re a healthcare giant.

  • Key to digital health success: Digging into what doctors want - Andis Robeznieks, American Medical Association, August 29, 2019

    “Know your users and start testing right away.” That’s key advice one physician entrepreneur gives others going down the same path, and he said the AMA Physician Innovation Network (PIN) has played a crucial role in finding practices willing to test his product and provide useful feedback.

  • Girls Who Code is ready for world domination - Erin Carson, CNET, August 29, 2019

    Founder Reshma Saujani doesn’t just want more female bodies in chairs. She wants to fix something fundamental in the way boys and girls grow up.