Digitisation has been revamping industries in the way they operate and communicate with consumers. And pretty much like every sector, the financial services sector has not been exempted from the effects of digitisation. With the rise of online and mobile-friendly solutions as essential inclusions in the modern banking process, customers are increasingly resorting to paperless banking services.
Especially amid the backdrop of the pandemic rage where businesses are speedily espousing remote working capabilities, banks are adopting “banking-as-a-service” (BaaS) digital platforms to enhance their financial services and better serve their customers in an increasingly mobile dominated market. However, only a BaaS platform with useful features is not enough in such a competitive industry. Hence, banks are also focusing on one-of-a-kind, intuitive experiences through the BaaS digital platform customised around the user’s needs.
Alongside, banks with digital platforms are also growing a keen interest in attaining and retaining their customers through IoT by making sure their BaaS platform is compatible with various devices. This includes notifying customers when their account has been accessed by an unfamiliar device or having the ability to monitor activity from anywhere, anytime.
At this juncture, to assist financial service providers and help them move in the right direction while adopting banking technologies, a distinguished panel of CEOs, CIOs, VCs, and analysts, along with the editorial board of Financial Tech Review, has selected the leading banking solution providers who can help banks advocate innovative technological products to deliver enhanced customer experiences.
We present to you Financial Tech Review’s “Top 10 Digital Banking Solution Companies in UK – 2021.”