Who wants to be in the slow lane, watching innovation pass them by?
… This was a key question posed to over two hundred delegates from banking and financial services at our Connect Forum 2016 in Frankfurt. It’s a real concern for these organisations, as the divergence of banking draws ever nearer and the emergence of two speed banking comes to the fore.
In a two speed banking world, fast lane banks are driven by data. These organisations harness the power of predictive analytics and digitise front-to-back. Meanwhile, slow lane banks are hampered by legacy technology and will not be able to focus on these customer driven activities.
