Financial institutions are consolidating their branches while simultaneously expanding banking access through “non-traditional” offerings. Cafe-style banking centers, off-site loan officers, and mobile banking apps all represent the new normal. But for these “invisible banks” to maintain customer trust, they need the right IT architecture.
What’s included:
Branch consolidation. Almost 1,000 bank branches are closing each year.
Non-traditional formats. Thanks to micro-offices, remote tellers, and mobile banking, only 8% of consumers bank through traditional branches.
Cyber insurance. Along with adhering to government regulations, institutions must now also meet the security standards set by cyber insurance underwriters.
Crafted in collaboration with our suppliers.
