In the competitive world of retail banking, Customer Relationship Management (CRM) systems have emerged as essential tools for enhancing customer experience and operational efficiency. As banks strive to offer personalized services, streamline operations, and gain deeper insights into customer behavior, CRM systems have become indispensable. This article explores the transformative impact of CRM on retail […]
How Does Big Data Use in Modern Banks?
In today’s fast-paced, technology-driven world, the banking industry has undergone significant transformation, much of which is fueled by the utilization of Big Data. Modern banks are leveraging vast amounts of data generated by daily transactions, customer interactions, and digital activities to gain insights, make informed decisions, and improve their services. This article delves into how […]
Retail Banking: 5 Trends to Look Out for in 2021
If 2020 taught us anything, it was that forecasting is far from a precise science. Indeed, many of the predictions made in even the most prestigious financial circles were being subtly undermined at this time last year. The pandemic of COVID-19 forced banks into digital action, with even the most prominent financial legacies unable to […]
Why Agile Is Now Essential for Banking
Real change comes from within. The success of technology firms today (and the best hope for banks tomorrow) depends on refocusing development — not to solidify the organization, but to adapt to the customer. This process requires transforming the entire business process to make change an integral part of the process. The solution is an […]