Great article from my friend Nick Rappolt, CEO of Bynd on how banks might start to wrestle effectively with the enormous task of reinventing themselves for the digital age. 

The statistics must be enormously worrying to the CEOs of the major high street banks that are so very clearly falling behind the curve - as are the big consumer brands in a whole host of sectors. The key must be in driving developments at the margins - making small gains - developing the service iteratively as the best digital start ups do.