McKinsey

AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024  |  Artificial Intelligence

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Concerns range from return...

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AI Marketers: The New Mad Men?
AI Marketers: The New Mad Men?
June 12, 2024  |  artificial intelligence

In the marketing arena, where creativity and innovation are paramount, a new contender is emerging: generative artificial intelligence (GenAI). Capable of producing content such as...

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Ex-McKinsey Partner Pleads Guilty to GreenSky Insider Trading Charges
Ex-McKinsey Partner Pleads Guilty to GreenSky Insider Trading Charges
December 15, 2021  |  Security & Fraud

Ex-McKinsey partner Puneet Dikshit, 40, has pled guilty to securities fraud, CNBC writes.  Dikshit reportedly made bets ahead of the Goldman Sachs acquisition of FinTech...

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Travel Industry Fights Infection With Steep Discounts
Travel Industry Fights Infection With Steep Discounts
March 09, 2020  |  Ecosystems

Dining out without actually going anywhere has spawned the “ghost kitchen” phenomenon, which sparks the question of whether the coronavirus will produce something similar –...

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Study: FIs Must Be Stronger To Prepare For Economic Slump
Study: FIs Must Be Stronger To Prepare For Economic Slump
October 22, 2019  |  Banking

McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct....

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Target Names New Executive To Oversee Strategy And Innovation
Target Names New Executive To Oversee Strategy And Innovation
August 24, 2017  |  Retail

Retailer Target announced Wednesday (Aug. 23) the appointment of  Minsok Pak as executive vice president, chief strategy and innovation officer. In a press release the...

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The One Industry That Stands To Gain The Most From Blockchain?
The One Industry That Stands To Gain The Most From Blockchain?
January 19, 2017  |  B2B Payments

This year could be the year that blockchain emerges from its current status as a largely hypothetical game-changer to one that’s put to the test....

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Boosting Financial Inclusion, And GDP, For The Have-Nots
Boosting Financial Inclusion, And GDP, For The Have-Nots
September 22, 2016  |  Financial Inclusion

The emergence of financial technology has been changing the way we do business, pay bills and even extend money to friends and family, speeding the...

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Digitization And Its Discontents
Digitization And Its Discontents
January 12, 2016  |  Digital Banking

 The world, or at least the United States, is awash in digital technology — or maybe it only seems that way. Last month, the McKinsey Global...

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