1. Market Research
  2. > Financial Services
  3. > Banking Market Trends
  4. > Digital Banking: A Vision for the Future

Digital Banking: A Vision for the Future

  • May 2013
  • -
  • Verdict Financial
  • -
  • 36 pages

Summary
The rapid rise of digital banking offers banks the opportunity to improve relationships with customers and differentiate themselves from competitors. However, the fast pace of change in this sector makes it difficult for providers to keep up with increasingly tech-savvy customers. Verdict Financial explores emerging scenarios for online and mobile banking over the next five to 10 years.


Synopsis
- Sculpt your strategy by knowing how digital banking will evolve over the next 10 years' time.
- Improve your customer-centricity by understanding how customer behavior and consumption of banking will change.
- Invest in the right areas by discovering the technology trends that will shape online and mobile banking.
- Learn how the competitive environment will change as new threats emerge.

Reasons To Buy
- How will emerging consumer trends impact the provision of digital banking?
- What product innovations are likely to emerge over the next five to 10 years?
- What threats to existing banking providers will emerge in the future?
- How can banks "win" in various future scenarios of digital banking?

Key Highlights
There will be a divergence of provision for accessing banking services via apps and web browsers. Banks focused on being cost-effective should utilize HTML5 web browsing banking, while banks focused on achieving the highest level of customer usability will opt for native mobile apps.

Threats to existing banking security systems will force radical redesigns involving the use of biometric technologies. Consumers could be saved from the pain of having to remember several usernames and passwords with the introduction of a single digital identity.

Consumers want their personal needs recognized; they are no longer happy to accept a “one size fits all” approach to financial services. Banks will feed big data into their customer relationship management systems to personalize the online banking experience and the marketing material customers receive.

Table Of Contents

Digital Banking: A Vision for the Future

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
China Banking IT Solutions Market Shares, 2015: Market Maintains Stable Growth

China Banking IT Solutions Market Shares, 2015: Market Maintains Stable Growth

  • $ 7500
  • Industry report
  • October 2016
  • by IDC

"China's banking industry is facing three major challenges -- economic slowdown, interest rate liberalization reform, and internet finance, accompanied by dramatic changes in the banking business environment," ...

China Banking Industry IT Solutions Forecast, 2016-2020

China Banking Industry IT Solutions Forecast, 2016-2020

  • $ 5500
  • Industry report
  • September 2016
  • by IDC

"China's banking industry is facing three major challenges -- economic slowdown, interest rate liberalization reform, and internet finance, accompanied by dramatic changes in the banking business environment. ...

Open API Banking: Defining the Potential and Opportunities; Strategies for a world of open banking

Open API Banking: Defining the Potential and Opportunities; Strategies for a world of open banking

  • $ 5250
  • Industry report
  • September 2016
  • by Verdict Financial

Summary Regulatory and technological developments are pushing banks in Europe and the UK to open up access to their systems and data via the use of application programming interfaces (APIs). If banks embrace ...


Download Unlimited Documents from Trusted Public Sources

Related Market Segments :

Banking
Online Banking

ref:plp2013

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.