New ways of working – a turning point for traditional banks

banks

Compared with online banks that have already started paving the way, traditional banks are lagging behind when it comes down to new ways of working. Several factors, such as an increasingly competitive environment (online banks cropping up left, right and centre, as well as new fintechs and regtechs, for instance), Generation Y arriving on the employment scene and the changing face of today’s customers, are all coming together to make the banking landscape a complex one. Brick and mortar banks are forced to undergo a total transformation.  Continue reading