Industries / Banking

Banking Industry

A look into the banking industry
and at the biggest driving forces behind it.

Take a look

The banking industry has been going through a process of disruption in which traditional banks have been losing market share to new entrants.

Due to open banking, regulated third-party financial services providers can now access customers’ account data in order to provide more personalized service. This is the case with budget apps for example, in which they access your transactions records in order to provide a better budget control and expense estimation.

Another disrupting force is the fintechs which have been taking Europe, in particular, by storm. They offer new, user-friendly, and convenient digital financial products that replace a lot of the services offered by traditional banks.

So, how can we help Banks and Financial Institutions
navigate these changes?

Benefits of Digital Competitive Intelligence | WYgroup BI

Benefit 1

Move from product silos to a customer-focused approach

Benefits of Digital Competitive Intelligence | WYgroup BI

Benefit 2

Navigate the disruption

Benefits of Digital Competitive Intelligence | WYgroup BI

Benefit 3

Make the shift to Mobile

Take a look at the most recent Banking
data trends and industry insights

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