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Technology has always been the main force behind changes in the banking sector, and now the Internet of Things is going to change the nature of banking itself. If we step back from such isolated tech
In the years to come, we may surely expect a lot of new improvements, and many of them will appear thanks to the Internet of Things. This technology is not only a hype nowadays but also a must if you
The Internet of Things has a considerable flair for innovations and is penetrating virtually any sphere of human activities. Surely, we all have noticed how our finances have moved towards becoming al...
Gartner forecasts that by 2020 there will be 21 billion connected “things” in the world. In the coming years, financial institutions will not be able to avoid wondering how this multitude of IoT devi...
SMEs represent a tremendously large market for banks. According to the BankingCircle, in Europe, small and medium enterprises make 99% of all businesses and create more than 85% of all new jobs in th...
Not so long ago statistics showed low adoption levels on Personal Finance Management (PFM) systems. Indeed, the 10-12% adoption rate can hardly be a strong motivation for banks to invest in PFM deve
While banking product portfolios tend to become similar, banks must select between 2 most popular strategies (or combine them): to compete in pricing or to focus on customer experience improvement.
Super apps are just appearing in the US and European countries, while in the Asian-Pacific region they already became a natural part of daily routine. So what are super apps and what is so special a
In the first part of this article: we used a lot of statistical data to back up our focus on the lifestyle banking trend specified millennials as the target audience accentuated the promotion of ban...
Banks are now focused on a seamless end-to-end digitalized experience for their customers and their primary target audience is the millennials. Born between the late ’70s and mid-’90s (according to Ni...
Like other businesses, banks tend to go digital, moving from mostly brick-and-mortar presence at the financial market and vigorously competing for leadership in e-channels. At this point, banks ha...