What are the key elements of the New Bank and how should the value propositions be in this context?

What are the key elements of the New Bank and how should the value propositions be in this context?
It is common agreement that the Financial Institutions market is changing strongly, both on the supply side, through the entry of new players, and on the side of the
demand. Some of the words that have emerged to refer to this new business context are: Omnichannel, Digital Banking, Digital Channels, Virtual Banking, Multichannel and Cyber ​​Banking.

It seems that for many executives and analysts, the «New Bank» is a technological issue and that all analysis and definitions are oriented to describe the means and not the end, the how and not the why.

To understand the new business context is key to understand what are the elements that change at an accelerated rate and what are the fundamentals.
People’s income often does not coincide with consumption needs throughout their life cycle. It is here that a key function of financial systems emerges: Transfer resources over time, between people, sectors and regions. The need to advance consumption against future income or to defer it over time has existed for hundreds of years and continues to exist. What changes is the way we hope to satisfy this need. On the other hand, there are individuals who produce goods that exceed their consumption and need goods produced by other individuals.
This need exists since time immemorial but what changes is the way we hope to satisfy it.