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Innovation and the ability to offer more meaningful products and services have become key differentiators for financial institutions.
Yet, innovation poses a significant challenge for FIs, especially concerning resource management and the time and cost of modernizing legacy architecture. This struggle, coupled with rapidly changing customer expectations driven by generational shifts in technology use, means that financial institutions need to rethink their approaches to modernization and innovation—and fast.
In this report, you will discover:
The drivers and implications of change in banking and finance
How generational shifts in customer expectations impact innovation
Why core replacement is not a complete solution to innovation
How fintech enablement is transforming banking innovation
The five key components of a fintech enablement platform