Banking Success in the Digital Era: Champion the Ecosystem Transformation
Banks face a crucial decision in the digital financial ecosystem transformation. Collaboration and innovation are key in this game-changing era. By 2030, digital ecosystems could determine banking success, but only a few big players are taking advantage.
BCG’s analysis shows a strong connection between adopting ecosystems and financial performance. Banks must adapt and fully welcome digital transformation to thrive in this new landscape. Source: https://www.bcg.com/publications/2023/exploring-digital-financial-ecosystem-opportunities
At LOQUAT Inc. we believe in the strategic alliances between banks and fintechs. By working together and successfully leveraging each other resources, two businesses will thrive in meeting and exceeding their customer expectations.