The Digital Imperative in Banking
The dynamic nature of the financial industry presents significant challenges for banks and financial institutions. The tumult, constant churn in regulatory oversights and frequently changing global sentiments necessitate that Banks and Financial Institutions constantly re-invent and re-define the way they work.
Digital has slowly but surely crept into the banking space-whether banks are ready or not. Suddenly customer centricity has become the focus and banks that have recognized the need for evolving have started taking the leap of faith. Role of enterprise technology has been rewritten and encoding the Digital DNA in Bank’s core functioning is becoming an imperative.
- Combining the physical with digital
- Banks should not ignore mobile wallets
- Social media and the banking industry
- Robots and AI invade banking
- Commercial Lending Resurgence