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9 Banking Trends for 2014 by Infosys
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9 Banking Trends for 2014 by Infosys

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Simplify. That's the mantra for banks in 2014. To do so, they will refresh their business models and embrace emerging technologies -- from mobility and social to cloud and big data. Get ready for …

Simplify. That's the mantra for banks in 2014. To do so, they will refresh their business models and embrace emerging technologies -- from mobility and social to cloud and big data. Get ready for banking in many new flavors. For more on banking trends, click here:http://www.infosys.com/trends/Pages/banking-2014.aspx

Published in Economy & Finance , Business
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  • 1. TRENDS 2014 THE BANKING COLLECTION SIMPLIFYING THE BUSINESS OF BANKING
  • 2. TRENDS 2014 THE BANKING COLLECTION Simplify. That’s the mantra for banks in 2014. To do so, they will refresh their business models and embrace emerging technologies – from mobility and social to cloud and big data. Get ready for banking in many new flavors.
  • 3. TRENDS 2014 THE BANKING COLLECTION 1 2 MOBILE DISRUPTION AHEAD BANKING COUTURE TAKES OFF Mobile-only banks and innovations in mobility will continue to disrupt the status quo in banking With wearable devices, banking may be as easy as “Glass, tell me my balance”
  • 4. TRENDS 2014 THE BANKING COLLECTION 3 4 SOCIAL BANKING GETS REAL BANK + APP STORE? APP-SOLUTELY Expect socially integrated banking products like spend comparisons and P2P payments Banks and vendors will open up their platforms for developers to create innovative apps
  • 5. TRENDS 2014 THE BANKING COLLECTION 5 6 THE FORECAST SAYS CLOUD GETTING A GRIP ON BIG DATA Having built private clouds, banks will increase their presence in the improved public cloud Banks will use big data to prevent fraud, monitor transactions, and create personalized offers
  • 6. TRENDS 2014 THE BANKING COLLECTION 7 8 COMPLIANCE GETS COSTLIER KEEP IT SIMPLE Banks will have to deal with new super regulators and existing regulators with super powers Customers, regulators and bankers will seek simplification in banking
  • 7. TRENDS 2014 THE BANKING COLLECTION 9 LEGACY GETS LEFT BEHIND Embracing progressive modernization will help banks replace their old systems one step at a time
  • 8. TRENDS 2014 THE BANKING COLLECTION FIND OUT MORE Video Blog post Infographic Tweet chat WATCH READ VIEW KNOW MORE #BankingTrends #LetsSimplifyBanking infosys.com/trends2014