Top 10 Trends for Financial Institutions in 2017

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Top 10 trends and predictions for financial institutions in 2017

FOR FINANCIAL
INSTITUTIONS IN 2017
TOP 10 TRENDS
&
PREDICTIONS
© EPICTENET.

54%
Removing
frictions from the
customer journey
© EPICTENET.

53%
Usage of big data,
AI, advanced
analytics and
cognitive
computing
© EPICTENET.

45%
Improvement in
integrated multi-
channel delivery
© EPICTENET.

32%
29%
Open APIs
Building partnerships
between banking and
fintech firms, Expansion
of digital payments
© EPICTENET.

18%
Increment in
Responding to
Regulatory
changes
11%
Exploring
advanced
technologies
(IoT, voice)
© EPICTENET.

1O%
9%
Emergence of
new challenger
banks
Investment in an
innovation accelerator
or accelerator program
© EPICTENET.

SOURCE : DBR RESEARCH DECEMBER 2016

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Top 10 Trends for Financial Institutions in 2017

1. FOR FINANCIAL INSTITUTIONS IN 2017 TOP 10 TRENDS & PREDICTIONS © EPICTENET.

2. 54% Removing frictions from the customer journey © EPICTENET.

3. 53% Usage of big data, AI, advanced analytics and cognitive computing © EPICTENET.

4. 45% Improvement in integrated multi- channel delivery © EPICTENET.

5. 32% 29% Open APIs Building partnerships between banking and fintech firms, Expansion of digital payments © EPICTENET.

6. 18% Increment in Responding to Regulatory changes 11% Exploring advanced technologies (IoT, voice) © EPICTENET.

7. 1O% 9% Emergence of new challenger banks Investment in an innovation accelerator or accelerator program © EPICTENET.

8. SOURCE : DBR RESEARCH DECEMBER 2016