COVID-19 Accelerates Urgency For Digital Banking Transformation

Published on July 6, 2020
COVID-19 Accelerates Urgency For Digital Banking Transformation Bea Doblas Mon, 07/06/2020 - 06:43pm

Body

The future of banking requires a new perspective on how to deliver services more effectively and efficiently to consumers who have grown accustomed to advanced digital engagement from non-financial institutions like Amazon, Netflix, Zoom, Instacart and Grubhub.

News URL

https://thefinancialbrand.com/97453/covid-19-coronavirus-digital-innovation-tra…
Other news

Nearly half of Canadians will reduce bank visits after lockdown ends

July 6, 2020
Nearly half of Canadians will reduce bank visits after lockdown endsBea DoblasMon, 07/06/2020 - 06:41pm Body Forty-seven percent of Canadians will reduce branch visits after the lockdown ends, according to a June survey from consulting firm Simon-Kucher & Partners. The survey polled 485 Canadian consumers on their preferences related to physical branches and digital banking. 

People Aren’t Visiting Branches. Banks Are Wondering How Many They Actually Need.

July 6, 2020
People Aren’t Visiting Branches. Banks Are Wondering How Many They Actually Need.Bea DoblasMon, 07/06/2020 - 06:45pm Body The coronavirus pandemic has forced people to bank online. That could speed plans to close more branches. People are visiting bank branches less frequently during the coronavirus pandemic. That could speed up some banks’ plans for shutting them down.