Karen McDermott

Karen McDermott

About Karen McDermott

Karen McDermott is Global Head of Financial Services Industries Marketing and Communications at SAP, responsible for driving the growth of SAP's value proposition as a technology provider, trusted business partner, and thought leader for the financial services industry.

The Sky Is Not Falling In Banking (I Promise)

23-May-2018 | Karen McDermott

Call it hype, paranoia, sport: no matter where you go, you can find a “thought leadership” article from a talking head, consultant, technologist, or “fintech founder” who says that a fintech o

Bank Customers Want What Technology Can Give Them

17-Apr-2018 | Karen McDermott

Online banking launched two decades ago, precipitating the banking industry's dependence on technology as we know it today. It was a challenge to get consumers comfortable with online banking (as it

banking, fintech, digitalization, digitization, digital disruption, collaboration

Banking IT Leaders Can Drive Digital Transformation With Internal Partners, Fintech Collaboration

27-Mar-2017 | Karen McDermott

Banks today are in a position of strength when it comes to digitalization. In general, banks still hold two important assets – customers and data. Banks looking to leverage and innovate in an era

atm makes public debut 1969

Banks Used To Be Pioneers And Leaders – What Happened?

9-Nov-2016 | Karen McDermott

Back in January 1977, New York City got hit with a major blizzard. Seventeen inches of snow fell, closing banks for days. Banks had launched automatic teller machines (ATMs) sporadically since the 19