Voting for the World Finance Digital Banking Awards is now open
LONDON, July 09, 2018 (GLOBE NEWSWIRE) — Going to the bank no longer means walking into a local branch. As technology advances, the way people interact with their money is changing dramatically, with most banking now being carried out in the digital realm.
Agile financial technology companies are accelerating their disruption of traditional banking practices, forcing them to adapt to new markets and younger customers. People are increasingly choosing their financial services based on the ease of use, and savvy banks are making significant effort to meet their customers’ needs.
As technological capabilities accelerate, so will these trends, making nimble adaptation imperative.
Industry trends suggest that banks are getting the message. They are collaborating increasingly with fintechs to modernise their systems and improve customer experiences. Passwords are giving way to biometric security as protection against cyber-attacks becomes more robust. Meanwhile, stronger competition and thin margins mean that banks are striving to provide a good service at a low cost, leading to widespread use of automated artificial intelligence in customer communications.
The digital banking landscape is not hospitable to complacency. Fortunately, however, certain banks are innovating at a fast rate. To recognise those that are leading the digital charge, World Finance holds its annual Digital Banking Awards, where banks from all over the world are celebrated for their distinguished use of technology in their business.
To have your say in these prestigious awards, visit:
https://www.worldfinance.com/digital-banking-awards
Nominations close on September 1, 2018.
World News Media is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.
CONTACT INFORMATION
World Finance
Elizabeth Matsangou
Editorial Department
+44 (0)20 7553 4162
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