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Competing with the giants

Competing with the giants

AB Finastra
Published by: Research Desk Released: Aug 29, 2020

It’s not easy to move like the big guys, It is not often that huge institutions move faster than their smaller counterparts, but when it comes to banks in the digital age,

this is exactly the case. With consumers demanding experiences and services that require a seemingly new technology (and even business) model, big banks have a key advantage — resources. When they want to provide a Zappos, Amazon, or Uber-like experience, larger financial institutions can simply invest in the infrastructure to deliver the new and convenient experiences consumers are demanding.