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Digital banking is ready to take off in Latin America

Celent Banking

In a recent Celent survey 100% of the participants recognized that a scenario where all financial products get digitized needs to be addressed sometime in the next 7 years and 59% of them believe it needs to be addressed immediately. Threat of fintechs is also a reality. They launched in March of this year.

America 100
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4 winners and losers from the American Banker Digital Banking 2018 Conference

Gonzobanker

But what’s concerning me more than the gulf between big banks’ and community/regional banks’ digital adoption is the growing disconnect between bank strategy and digital strategy in community and regional banks. If 2016’s conference was the “mobile” conference, 2018 was most definitely the “voice” conference.

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Commoditization, Optimization or Transformation: What’s in Your Core Wallet?

Gonzobanker

My colleague Steve Williams observed in What’s Going On In Banking 2021: Rebounding from the Pandemic , “Many banks that were taking an incremental approach to digital were shocked into reality during 2020, and executives realized greater investment and faster transformation is needed to stay relevant.”. At least, not right now.

Strategy 156
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Finovate Debuts: Personetics Helps Banks Provide Personalized Guidance to Customers

Fintech Labs Insights

By utilizing their data assets to better serve their customers, banks can remain relevant in the digital age and compete more effectively with emerging financial services providers that are threatening their space. Finovate: Who are your primary customers?