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Challenging the Challengers: How Incumbents Can Succeed in a Digital Banking World

The rise of digital challengers to traditional models has made the future of consumer banking uncertain. No one knows exactly who the winners will be, what their business models will look like, or how players will compete to “bank the consumer.” Competition can and will come from every corner of the financial ecosystem, and nobody is staying in their traditional lanes.

What you will learn:

  • How to think about growth and competition differently
  • Recipe for new growth playbooks
  • Ways to enable new growth playbooks while not compromising pursuit of traditional growth


Alex Sion | Head of Venture Incubation, Global Consumer Banking | Citi Ventures

Alex Sion joined Citi Ventures in 2018. He is the Global Consumer Banking lead for the D10X program, which incubates new products and businesses designed to generate new, organic growth for Citi. Prior to joining Citi, Alex was the General Manager of Mobile for JP Morgan Chase, responsible for Chase Mobile Banking and mobile channel governance for the Consumer and Community Banking Group. Prior to JPMC, Alex co-founded Moven, the world’s first mobile “neobank” and an award-winning, globally recognized fintech pioneer which has nearly 2 million global users and raised over $20M in venture financing during Alex’s tenure. Alex has been a financial services practice leader at both CapGemini and Sapient, and has advised large financial institutions, startup organizations, and industry groups.

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