BankingHub by zeb’s Post

🌟 Navigating the Future of Banking: Key Insights from the 2026 UK & Ireland Report 🌍 The "State of Play in Banking 2026" report by ebankIT is a must-read for anyone in financial services. 💼 This comprehensive report dives into the rapid transformation of banking, driven by evolving customer expectations, regulatory changes, and cutting-edge tech. 🔥 Here are the key takeaways: 💡 Digital Transformation: The COVID-19 pandemic fast-tracked digital initiatives, with #AI and open banking leading the way to enhanced customer experiences. 🇬🇧 Post-Brexit Landscape: The report explores Brexit's impact on #UK financial institutions, highlighting the critical need for strategic adaptation to new regulations. 🚀 Opportunities for Growth: Emerging #fintech solutions present a unique chance for banks and building societies to innovate and disrupt traditional models. As we move towards 2026, agility and a customer-first mindset will be key to thriving in the evolving #banking landscape. 📈 This report is a valuable resource for leaders ready to steer through today’s financial complexities. #Banking2026 #DigitalTransformation #Fintech #Brexit #CustomerExperience #Innovation More Contents: Woongsik Dr. Su, MBA

🌍 Unlocking Digital Transformation in Banking Across Regions 🚀 From North America to Asia-Pacific, the banking industry is undergoing a profound shift towards digital transformation. Here's a glimpse into regional statistics showcasing the evolution: 🔵 North America: Over 70% of banks have made significant investments in digital initiatives, driving innovation and enhancing customer experiences. 🔵 Europe: Approximately 65% of European banks have embraced digital strategies to optimize operations and elevate service quality. 🔵 Asia-Pacific: Leading the charge, 80% of financial institutions in the Asia-Pacific region have digitized key processes, setting new benchmarks in tech adoption. 🔵 Middle East: With 60% of banks investing in cutting-edge technologies, the Middle East is witnessing rapid digital transformation within the financial landscape. 🔵 Africa: Surpassing the half mark, more than 50% of African financial institutions are leveraging digital solutions to drive operational efficiency and enhance customer offerings. The future of banking is digital, and these regional insights exemplify the global momentum towards innovative technologies in the financial sector. Embrace the wave of change and propel your organization towards a digitally empowered future! 🌟💻💡 #DigitalTransformation #BankingIndustry #Innovation #TechAdoption #GlobalTrends #FinanceRevolution

"It's impossible to be financially included if you're digitally excluded." The annual Lloyds Consumer Digital report is out today. We need time to read and reflect - every year it’s packed full of insights about #digitalinclusion (and the overlap with financial confidence). But we were really struck by this quote from the launch.  It looks like more people are getting the digital skills they need - which is great -  but digital skills are ever more crucial to participate and thrive in our society. Quote from Sara Weller -  thanks Kat Dixon for highlighting. And to Jemma Waters from Lloyds Banking Group. #ConsumerDigitalIndex

Unlocking the Future: Exploring the Potential of #EPI in the European Payments Landscape. My colleague Patrick Machado will be on stage at the World Banking Forum in Lisbon talking about the future of #payment in Europe. #banking #digitaleuro #criticalsoftware

It tells that traditional banking did not tap-in the unbanked or underbanked sector, the way neo/digital banks did. All while, the neo-banks/digital banks/part-telecom banks, found this opportunity and capitalized on it. Also, it explains the difference of business approach that conventional/traditional companies and neo/digital banks, employ.

The evolving French banking sector: balancing tradition and innovation! Discover the intricate dance between tradition and innovation in French banking. Our latest blog explores 👇🏻 🔸 Banking in France: Digital consideration vs. traditional influence 🔸 French banking: Navigating consideration amidst digital disruption 🔸 Future trends: Tradition and innovation in French banking As digital transformation sweeps through France, digital-first banking is gaining momentum. Learn how brands like Boursorama, Revolut, and N26 are reshaping the industry. Dive into insights on consumer behavior, market dynamics, and strategic actions shaping the future of #FrenchBanking. Embark on this journey with us and gain valuable insights. Read the full blog on our website now: https://lnkd.in/d8KCsPs9 #DigitalBanking #CInnovation #FintechInsights #FintechInnovation #DigitalBanking #FinanceInsights #BankingRevolution #DigitalTransformation #BankingInnovation #FinancialGrowth #Finance #Banking #NeoBanking #FinancialServices #Fintech #BankingNews #TechInFinance #FinancialNews

Mohamed Abdel Hamid Abdel-Razek, Group Head of Technology, Transformation & Information at Mashreq shared his views with Pennant’s Perspectives 2024, that brings together experts from global banking and technology landscape to provide a peek into how the lending industry will evolve in the near future. Mohamed talks about the inevitable rise of digital lending, personalization and customer-centricity in financial services, role of AI driving lending efficiency, among other key trends driving maturity and growth. He sums up by saying, “Success for financial institutions lies in partnerships, technology adoption and innovation, and friendlier regulations that make credit more accessible, transparent, and tailored to the needs of the digital customer. Read more here: http://ms.spr.ly/6041cFzU3 #Mashreq #RiseEveryDay #Digital

World Banking Forum is thrilled to welcome Patrick Machado, Principal Engineer for #Digital Finance Solutions from Critical Software on stage of Spring Forum Edition! 🔎 Patrick is joining next week's interactive Panel Discussion on the topic: Unlocking the Future: Exploring the Potential of #EPI in the European Payments Landscape 👉 Check full Agenda on worldbankingforum.org We cannot wait to welcoming brightest banking minds in Lisbon, on 16-17 May! Join us 🚀 Critical Software is a trusted World Banking Forum Partner. Don't forget to visit their booth during the conference! #worldbankingforum #WBF2024 #bankingInnovation #futurebanking #RiskManagement #AI #Data #DataAnalytics #DataManagement #FinancialSector #Banking #ModelRiskManagement #DigitalTransformation #Payments #PaymentsInnovation #Regulation #FuturePayments #Eurozone

Unlocking the future of U.S. banking: insights you can’t miss! Our report dives deep into these transformative trends, analyzing 12 leading digital-only brands and their strategies in customer engagement. Discover how pioneers like Ally and LendingClub are thriving, while growth-focused firms like Chime and SoFi navigate unique profitability challenges. In a landscape with 89 digital-only banks, the competition is fierce, pushing both incumbents and challengers to innovate relentlessly. What makes our report stand out? 🔸 Detailed graphs and data visualization tools for a clear view of the business landscape. 🔸 Easy-to-read and accessible information, suitable for non-experts. 🔸 Conclusions supported by reader-friendly graphs and diagrams. 🔸 Key takeaways provided for relevant topics. 🔸 Transparent and up-to-date sources published in 2022 and 2023. 🔸 Explanation of acronyms and technical terms for easy understanding. 🔸 Objective presentation of facts, figures, and trends without hidden agendas or biases, ensuring trustworthy information. Get early access now and start enjoying the benefits: https://lnkd.in/dmH7YcWA Corporate members will receive the same benefits, with the report available in the client area. Interested in becoming a C-Innovation Corporate Member? Contact us at [email protected]! #CInnovation #FintechInsights #FintechInnovation #FinanceInsights #BankingRevolution #DigitalTransformation #BankingInnovation #FinancialGrowth #Finance #Banking #NeoBanking #FinancialServices #Fintech #BankingNews #TechInFinance #FinancialNews

Love the Lloyds Banking Group #consumerdigital index. Such great insight on both #digitalinclusion and #financialinclusion. Well done to the brilliant Jemma Waters for driving this work, and great to see Leigh Smyth FRSA 💚 in the audience, one of the original architects of the Lloyds Bank digital inclusion strategy. The Consumer Digital Index was launched on 16th January 2016, and we pulled out these 6 headlines at the time 1) This is the first ever longitudinal index which studies the actual digital and financial behaviour of 1M consumers a. 13.1M people in the UK have low financial capability b. 11.1M people in the UK have low digital capability c. 3.2M people in the UK have both low financial and low digital capability and the most to gain 2) The average UK consumer could save £744 per year through online spending 3) Generation X (ages 40-49) are realising the biggest benefits of both financial and digital capabilities 4) Regional variances are slight but highlight opportunities for local initiatives e.g. Londoners are not optimising digital skills to improve their financial capabilities 5) Digitally capable consumers exhibit more financially resilient behaviours e.g. they save 4x more and 50% more often than low digital peers 6) Digitally capable consumers report greater overall wellbeing with 86% reporting that they “worry less” because they can track their finances online Back to 2024, and much progress has been made, especially on Digital Inclusion, but the prize is still great and there are still millions missing out due to a lack of these basic skills. One thing everyone agreed on today is that only by coming together can we solve this problem. Thanks to some of those who helped us get this important and influential report off the ground. Sian Williams Sharon Collard Joanna Elson Duncan Shrubsole