October 28, 2017
Amazon is nothing short of a modern business wonder – the company is aggressively entering industries with no limit in sight. Amazon started off selling books out of Bezos’ garage and is now the largest online retailer in the world of everything from electronics to groceries. The company is in cloud computing; shipping and logistics; and on and on.
Furthermore, Amazon reigns supreme because it has put the customer journey at the forefront of its business model. Which begs the question that we at LTP asked: What are banks waiting for?
The biggest technology players are eroding the boundaries between industries as they seek to be all things to all people, according to a recent McKinsey report. The biggest Asian tech firms show why banks should be worried: Rakuten, Japan’s largest online retai ...