Throughout the financial services and banking markets we see an intersection of disruption and opportunity emerge in todays’ digital economy for both businesses and consumers.
The digital and mobile first economy is elevating both businesses and consumers expectations, making the customer experience and user journey a primary focus of banking and financial institutions. This touches everything from the products and services, distribution network and creating a more personalized marketing effort. To pursue growth in todays’ marketplace, institutions need the kind of information and insights that can help them create experiences and products sought by customers and not just a block and tackle me-too approach.
Success depends on the latest innovations in digital, data, AI, cloud, mobile, and social – and a whole new way of thinking and executing in today’s market.
Today’s financial services customers expect a secure, faster, transparent, and more intuitive experience than they have ever had before. Banks and financial institutions that are unable to deliver on these expectations will likely struggle to maintain growth and viability in the long run.
While the forces of disruption are real, so is the opportunity.
Financial services organizations that can master these capabilities can expect to prosper in the new digital economy.
The banking and financial services marketplace need to adopt a new mindset and think in an innovative way in how to thrive tomorrow, today.
It’s a buyer’s market in almost every industry today and the financial services providers are ripe for a digital and mobile first mindset in elevating their business. This is most prominent for young consumers who in a recent Accenture survey found that 31% percent of customers would consider banking with Facebook, Amazon or Google if they offered the same type of services they currently enjoy.
A few of the areas we help you lean-in to…