Why Digitally-Savvy Financial Institutions Are More Profitable
Since 2008, the financial services industry landscape has changed – drastically. Customer loyalty? It’s fading fast. New competitors? They’re entering quickly and are here to stay. Customer expectations? They never stop rising. Budgets? Tighter than ever. As a result, the pressures to manage costs, improve efficiencies, and maximize return on equity – all within a highly regulated environment, are greater than ever. In other words – financial services needs to raise its compete level.