Despite serious economic and business challenges, top banks in every segment and region are achieving profitable growth. But they are also facing profound digital disruption—and most are not ready for it. To remain viable, institutions must digitize swiftly and aggressively.
Established capital markets players and young fintech companies are failing to fully realize the opportunities that arise from their collaboration. The entire capital markets ecosystem must take action now.
Two complementary technologies—blockchain and digital tokens—give data the continuity of physical assets and help solve the challenges of digital identity and trust. And they have the potential to wipe out the middleman across a wide swath of industries.
The banking industry’s structure is moving to industry stacks, reflecting a shift from competition among vertically integrated companies to horizontal competition at each layer of the banking business.
Treasurers expect banks to get out of a product mindset and put the customer experience first by centralizing, streamlining, and integrating high-quality solutions end to end with treasurer needs in mind.