A new McKinsey report warns banks to reinvent themselves now to survive the next financial downturn. Here is the short-cut to innovation you have been waiting for.
These smaller institutions are exploiting the opportunities where the main players are too slow to adopt. But what exactly are they getting right that the traditional FIs can’t seem to grasp?
Banks and financial institutions are very much in the business of information and data and with the recent surge in digital disruption, is it maybe time for banks to adopt “open business”?
The development of big data mining technologies is creating profitable opportunities for banks, especially with the growing domination of the internet and the ever increasing usage of mobile devices. But how exactly can big data analytics be used?
With the first month of 2017 already behind us what are some of the trends can we expect in 2017 for the banking and Fintech industry?