{"id":32864,"date":"2021-04-06T09:35:58","date_gmt":"2021-04-06T07:35:58","guid":{"rendered":"https:\/\/www.intellias.com\/?page_id=32864"},"modified":"2024-05-29T13:13:09","modified_gmt":"2024-05-29T11:13:09","slug":"preparing-for-the-new-growth-cycle-a-technical-blueprint-for-banks","status":"publish","type":"page","link":"https:\/\/intellias.com\/technical-blueprint-for-banks-whitepaper\/","title":{"rendered":"Preparing for the New Growth Cycle: A Technical Blueprint for Banks"},"content":{"rendered":"
Retail banks are entering a digital race. Branch dominance is being replaced by digital distribution excellence. Most leaders recognize this evolutionary trend. But few know how to sustainably steer their business in the right direction.<\/p>\n
Three hot-button issues are rattling the minds (and budgets) of banking leaders:<\/strong><\/p>\n Given the uncertainty in the banking sector, a reluctance to interfere with existing technology (especially core legacy systems) is understandable.<\/p>\n Yet prolonged inaction can lead to obsolescence. By 2030, up to 80% of heritage financial services will cease to exist, become commoditized, or exit because they\u2019re no longer competitive unless banks move forward with digitization.<\/p>\n\n