Managing Director & Senior Partner
Stefan Dab is a member of Boston Consulting Group’s Financial Institutions and Technology practices, and serves global leaders in the payments, banking, and telecommunication industries in Europe and the US.
For almost 25 years, Stefan has advised clients on strategy definition and large-scale transformation. As a member of BCG GAMMA, the firm’s data science and advanced analytics practice, a substantial part of Stefan’s work covers data monetization, transformative analytics, and data-led go-to-market strategies.
Stefan is the founder and chair of BCG’s payments and transaction banking team. He built and scaled it globally, and multiplied the size of the firm’s payments and transaction business sixfold. He was a member of the Global Leadership Team of BCG’s Financial Institutions practice for six years. Stefan is committed to the success of his clients and teams, and believes strongly in social justice, education, diversity, and open data.
Outside BCG, Stefan teaches Finance and Strategy at The Solvay Brussels School of Economics and Management. He is also a member of its International Advisory Board and served on its Executive Education Board.
Research from BCG and Adyen suggests that platforms are poised to solve small-business pain points—and revolutionize financial services in the process.
BCG experts send a postcard from the Money 2020 conference and give their take on the financial mood as the pandemic continues.
Despite crisis-related dislocations, payments players can unleash long-term growth by acting decisively now to mitigate near-term risks, gain scale, and deliver superior customer impact.
Although the payments space will enjoy steady growth overall, the outlook for individual players is less assured. As competition intensifies, success will hinge on digitization, scale, and fast-expanding markets.
What do retail and wholesale banks gain by tackling customer pain points? Their share of $1 trillion in new revenue over ten years.
By treating third parties as strategic partners and customers, retail banks can turn the disruptive power of open banking into a source of long-term revenue growth.
When it comes to meeting treasurers' fast-changing needs, trust is paramount–and banks already provide it.
Fintechs and other rivals are putting on the squeeze, but retail banks still have options to preserve their customer relationships in the new payments landscape.
Banks’ primacy in the payments business is under attack. To strengthen the customer relationship, banks must employ technologies to simplify and improve the payments experience.
Although the digital crescendo in payments is under way, few clear leaders have emerged—and incumbents still have a good chance to become principals in the orchestra.