Overview
Resilience and Reinvention for Future of Banking
Rising unemployment, bankruptcies, and an economy in recession are the sad reality of 2020. Yet, this crisis more than any before demonstrates the necessity to intensify and accelerate the digital transformation of the financial services industry. Banks are well-advised to think beyond the natural reflex of extreme cost-cutting and prioritize tactical, value-generating investments to return to the new normal. These include:
- Delivering rich digital customer experiences on the back of a fully digital product lifecycle;
- Developing new, predictive credit models to assess the financial health of customer, rather than basing decisions on asset-based collaterals and historical cashflows;
- Embracing remote working models powered by operational/ business intelligence;
- Ensuring continuous innovation leveraging the open ecosystem and cloud to accelerate the development of new products and services.
During the IDC European Banking Executive Digital Forum 2020, we discussed successful strategies to adapt to this rapidly changed world.
Event Details
The complete agenda, speakers and other event information can be found on the event's website.
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