The banking sector continues to be at the heart of an ongoing transformation and the emergence of disruptive trends in the industry is relentless. The advances in technology coupled with innovations fueled by fintechs and non-incumbents, demands banks to swiftly prepare for a ‘new normal’. As expectations rise and customers look to break free from the shadows of traditional banking, it is evident that banks must transform their traditional business models and core systems.
In this paper we look at the non-negotiable characteristics that will have an impact on the banks of the future; the technologies at play for a future-proof core banking system; and how PwC Middle East can help in this transformational journey.
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