Act Fast, Think Smart: How Retail Banks Can Stand Out in a Competitive Environment
Thought Machine and Aite Group will be exploring the competitiveness of retail banking today, set against the backdrop of this generation’s biggest health and economic crisis. While the world changes at an unprecedented pace, banking is lagging behind. Technology, culture and inertia all have a role to play in banking’s slow pace of change.
- What position does retail banking find itself in today?
- What technologies will allow banks to prepare themselves for an uncertain future?
- How will incumbents remain competitive in an increasingly crowded marketplace?
A modern core system is where it starts. Tapping into the features of cloud technology, designed to scale and innovate, incumbent banks have the potential to shift into top gear, deliver new products and features at pace, and adapt to uncertainty.