How Market Sentiment Affects Banks Innovation Opportunities

While at Payments Unleashed in London, Phil Bruno, Chief Strategy and Growth Officer, ACI Worldwide joined FinextraTV to discuss how banks should approach innovation. Bruno, when talking about how the markets inform bank innovation, said that markets are currently quite negative towards banks, especially when it comes to price-to-book ratios. He equally described the main pitfalls of banks strategies, saying that they need to be more open to cutting losses and learning from failures, rather than...