This is the year when big banks must embrace the digital revolution as the banking sector is blown apart by challengers offering better products and services through smartphone apps
Future of Banking
The Future of Banking Special Report, published in The Sunday Times, investigates how Brexit and Trump will affect financial institutions across the world. The report covers banking regulation, the rise of challenger banks and how technology is impacting the sector. In addition, it reveals how banks need to adapt to the digital age and asks, is online banking really secure?
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In this report
Revolutions in business banking don’t happen often, but when they do the shifts can be seismic, says Richard Cummings, chief executive of Cashfac
As banks and payments providers consider new European Commission regulation, along with other regulatory changes, many are moving into damage-limitation mode. Some, however, see opportunities in the opening up of customer information to others
Q&A with Lance Levy, Capco chief executive
As 2017 dawns, banks must be prepared to make data available as a service to customers and third parties to unlock new revenue streams – and avoid losing business to new market entrants