Threat of disruption is high, but collaboration is the way forward
77%
BANKS REGARD THE THREAT FROM AT LEAST ONE GROUP OF POTENTIAL COMPETITORS AS HIGH OR VERY HIGH
73%
BANKS CONSIDER WORKING WITH INNOVATIVE START-UPS AS THE BEST APPROACH TO ACCESS DISRUPTIVE TECHNOLOGIES
Banks are gearing up for digital transformation and new business models
50%
LEGACY TECHNOLOGY
40%
LACK OF UNIFIED VISION
THE TOP TWO BARRIERS TO BANKS FOR DIGITAL TRANSFORMATION
60%
BANKS CONSIDER ADVANCED ANALYTICS & BIG DATA, AND OPEN APIS TO BE THE DISRUPTIVE TECHNOLOGIES THAT WILL IMPACT THEIR BUSINESS MODELS
