We brought Red Fan on to announce Versatile’s Series B funding—one of the largest raises in the construction industry’s history. Through the announcement and subsequent campaigns highlighting our enterprise partnerships and CEO’s thought leadership, Red Fan secured placements in Business Insider, Forbes and several key industry trades. Our team at Red Fan understands Versatile’s business goals and seamlessly collaborates with us to build awareness for our company’s groundbreaking technology.
First came the unbundling of services traditionally only offered at banks and credit unions. Then came the rebundling as vertical slices of improved technology and products were reintegrated into traditional financial services models. And looming over all is the perceived existential risk posed by some of the largest tech brands in the world making in-roads into the market.
And yet, despite the winds of change that have characterized financial services since the recession, the themes of front-end experience and back-office efficiency continue to dominate innovation across every category—fintechs, traditional financial institutions, lenders, payments providers, regtechs.
New models for product innovation are emerging—cloud technologies, open banking, digital-only services, banking-as-a-service—and partnerships between the old and the new are forcing new conversations about the future of financial services and the roles brands of all kinds will play in it. How companies respond to external shifts has the potential to make brands more relevant than ever, or to relegate them to the bottom of a landscape that grows more competitive with each passing year.
The impact that customer experience, data and analytics and product development have on share-of-wallet and top-line growth underwrite each of those conversations in profound ways. More than ever, financial services brands need strategic advisers who understand and can communicate innovation’s influence on their customers and overall market across every piece of their tech stack…from the core to the cloud, front-end UX to back-office processing and everywhere in between.