Many banks redirected their strategic priorities away from post-Great Recession regulatory imperatives to focus on digital banking. For these institutions, the question is not whether to implement the technology, but rather how and when. They’ll need to consider carefully the how: Agility at the expense of secure data and money is no virtue at all, according to this robust analysis from researchers at the Economist Intelligence Unit. getAbstract recommends their useful report to financial services professionals.
In this summary, you will learn
- Why banks are giving strategic priority to implementing digital technology,
- What options financial institutions have in redefining their business models and
- What risks they face in embracing all things digital.
About the Author
The Economist Intelligence Unit is an independent research and analysis organization.