- Article - Feb 11, 2022
Speedboat to success
How to build a winning digital bank in the Middle East
The Middle East is experiencing strong digital banking tailwinds. Populations are better connected, mobile-centric and eager for greater convenience. Consequently, the demand for more diverse, personalised financial products and services is high.
Together Mambu and Publicis Sapient share success factors to create a winning digital proposition in the Middle East, based on combined expertise in banking transformation and technology implementation.
It’s better to disrupt than to be disrupted
Across the region, incumbent banks and financial institutions are investing to win younger, tech-savvy customers, prevent churn and compete with new challengers.
The spin-off, or speedboat, approach can be a winning formula for banks looking to spur innovation and re-invent themselves. The combination of financial innovation and gaps in current digital banking offerings make the Middle East the perfect breeding ground for digital, customer centric speedboat propositions.
Using speedboats to race ahead
Speedboats are independent, agile and lean digital banking spinoffs that operate outside the incumbent’s structure, so are free to run, evolve and grow like a fintech.
Reduce costs
by up to 80% lower than traditional banking models.
Enhance speed to market
by launching new disruptive propositions.
Test new technology and innovation
outside of complex legacy tech stacks.
Reimagine operating model
with a culture of customer centricity at its heart.
Attract top talent
to support future growth and innovation.
Modernise customer experiences
to meet user needs & tap into new revenue streams.
Speedboats powered by Mambu
Customer stories
Build winning speedboat propositions with Mambu & Publicis Sapient
Mambu and Publicis Sapient can support financial institutions navigate this complex journey, with unparalleled experience working with digital disruptors to build winning speedboat propositions and deliver digital-first, customer-centric transformations.
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