Digital Transformation in Banking Trends & News

87% of companies say digital transformation represents a major opportunity. 'Going digital' is a top priority for everyone, including banks.

Banking is shifting investment from compliance to technology and maintaining customer loyalty as fintech firms become more prevalent.

There’s almost no time to adapt to digital disruptions in banking today. Bold strategies are the only way to respond.

After years of focusing IT spending on regulatory and compliance matters, banks are starting to shift IT resources to digital transformation.

Digital consumers want financial institutions to know them, look out for them, make their lives simple and reward them for their loyalty.

Financial institutions must address the needs of millennials who are willing to bank with technology and telecommunications companies.

35% of banks' market share in North America could be in play by 2020 as traditional branch banking gives way to new digital players.

Bank 3.0 by Brett King provides a look into the future of banking where branches are replaced by mobile devices and banking is omnipresent.

BofA unveils a suite of new mobile banking features including remote deposit, P2P payments, and an app for managing account alerts.