A new banking revolution is well under way. New kinds of customers, platforms, shifting business models and above all technology; have all combined to create a diverse and shifting population of banks.
Challenger banks have already made an impact in the market, transforming the banking landscape and creating new offerings to meet the evolving needs of customers, as customer-centricity is becoming the battle ground for new financial services.
Open Banking, the emergence of new players, the innovation coming from fintechs and the pace of new regulation, will continue to transform the industry.
KPMG experts are here to help you navigate through these changes, take advantage of technological advancement and meet the needs of your customers.