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However, the parameters of innovation are shifting from a few years ago, when FIs were more inclined to roll out new products and chase shifting markettrends. percent said they prefer to observe markettrends before quickly unveiling their solutions.
When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovationstrategies than medium-sized and large FIs. This is changing — in a big way. On average, these FIs designate 45.7
The post 6 Global Megatrends Impacting the Future of Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The banking industry requires new perspectives, solutions and business models that reflect the megatrends in other industries.
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Visualizing data for trends and market projection, visualize data in different ways. She combined InnovationStrategy Management with cutting edge technology to create an award winning SaaS company – GainX™, used by Fortune20s, 500s, and many of the worlds largest FSIs today.
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