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Retail banking
Remember when banking was a stable business? That was yesterday.
They are impatient, demanding and uncommitted. If you don’t meet their expectations, someone else will.
Competition is fierce and comes from all directions
Neo banks, digital banks and challengers are popping up everywhere. Born on the cloud, these upstarts are agile, responsive and have redefined efficiency.
You must embrace modern methods and new technologies to stay ahead.
Connectivity and collaboration are critical to your success.
Today, APIs are essential for banks to share data with trusted third parties and to power new business models.
Success in an open, digital future depends on a unified API strategy.
In this transformed world, banks have no choice but to disrupt or face disruption.
The 3 pillars of retail banking success
In the new age of collaboration, you need to partner for success.
Modernize your mainframe
The mainframe technology that drove your success may now be slowing you down. But modernization does not mean replacement. A sequential mainframe modernization offers a roadmap to modern methods and technologies without the cost or risk of a wholesale migration. And you can build a continuous cycle of increased productivity with DevOps and microservices.
Open up to the world
In the age of open banking, your technology must also be open. Move to an open banking platform and participate in new collaborative business models. You can develop an integrated API strategy to enter new markets, explore new operating models and build innovative business partnerships. Realize the bottom-line potential of an ecosystem where banking meets technology.
Quickly launch digital products
Cloud redefines the economics of banking. You need to migrate to the cloud to stay ahead of the competition and to give customers the services they expect. Launch new digital products in just weeks and welcome a new age, powered by innovation and change. You can also harness the power of BankLiteX to modernize your core and transform.
