Viewing entries tagged
Banks

For banks, deeper digital customer connection will drive new growth

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For banks, deeper digital customer connection will drive new growth

By targeting markets that are underserved by traditional banks, neobanks and fintechs are quickly gaining ground on incumbents, one strategic segment at a time. Many traditional banks now find themselves playing catch-up, but they are often hampered by complicated IT architectures and conflicting business priorities.

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HSBC, Citi speed up digital push to ward off upstarts

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HSBC, Citi speed up digital push to ward off upstarts

Banks in Asia’s financial hubs such as HSBC Holdings Plc and Citigroup, Inc. are finding that the disruption from the coronavirus outbreak is helping them push back on a threat from a breed of virtual upstarts.

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