Digital Banking – Thematic Research
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Today the biggest value stores that work like bank accounts are already digital and the newer digital banks are amassing customers far more quickly than their predecessors. Big technology companies like Google, Amazon, Facebook, and Apple (GAFA) are already deeply involved in banking and look set to encroach further. Retailers and telcos, too, have entered the fray with intriguing possibilities for the latter among the two billion unbanked globally.
The digital banking thematic intelligence report provides a briefing on the theme with a detailed analysis of market opportunity, and factors driving its development and adoption. The report also presents key technology, macroeconomic, regulatory, and consumer trends impacting the theme.
Digital Banking - Key Trends
The main trends shaping the digital banking industry are classified into four categories: technology trends, macroeconomic trends, regulatory trends, and consumer trends.
- Technology trends: The key technology trends impacting the theme are mobile-first banking, AI, big data, cloud, robotic process automation (RPA), micro-services that enable flexibility and agility, APIs, and early-stage Internet of Things (IoT).
- Macroeconomic trends: The key macroeconomic trends explained in the report are the need to reduce cost-income ratios, the search for new business models, and intensifying pressures on product rates.
- Regulatory trends: Open banking, national regulators that are relaxing licensing conditions, protecting consumers from product push, and protecting consumers from hidden fees and punitive charges are a part of the regulatory trends impacting the digital banking industry.
- Consumer Trends: Customers are more empowered, the definition of a primary provider is changing, and more non-proprietary channels are being used. Consumers are closed to open banking for now and are reluctant to switch accounts.
For more insights on key trends impacting the digital banking industry, download a free report sample
Digital Banking – Industry Analysis
Customers can access full-service digital banking from a wide variety of providers, with important differences in business model, legal structure, and proposition type. Long-standing high street banks have digitized with purpose in recent years, motivated by the experiences of established players in industries like music, publishing, and video rentals.
Digital Banking industry analysis also covers:
- Mergers and acquisitions
- Timeline
Digital Banking - Value Chain Analysis
In the digitally disaggregated value chain, banking opens up, industry lines blur, and value is delivered through eco-systems.
Digital Banking Value Chain
For more digital banking value chain insights, download a free report sample
Leading Incumbent Banks and Credit Unions in the Digital Banking Theme
Some of the leading incumbent banks and credit unions that have transformed their business into digital businesses are:
- BBVA
- Capital One
- CommBank
Leading Incumbent-built or Owned Digital Banks in the Digital Banking Theme
Some of the leading new banks that have been built, acquired, or co-created by incumbent banks are:
- Buddy bank (UniCredit)
- BankMobile (Customers Bank)
- ImaginBank (CaixaBank)
Leading Independent Digital Banks in the Digital Banking Theme
Some of the leading independent digital banks are:
- Atom
- Banco Original
- Chime
Leading Subsidiaries of Non-Bank and Tech Companies in the Digital Banking Theme
Some of the leading subsidiaries of non-bank and tech companies are:
- Ant Financial / MYBank
- Jibun Bank
- WeBank
Leading Technology Vendors in the Digital Banking Theme
Some of the leading technology vendors making their mark within the digital banking theme are:
- Backbase
- FIS
- Infosys
To know more about the leading companies associated with the digital banking theme, download a free report sample
Digital Banking Overview
Report Pages | 41 |
Regions Covered | Global |
Key Trends | Technology Trends, Macroeconomic Trends, Regulatory Trends, and Consumer Trends |
Leading Incumbent Banks and Credit Unions | BBVA, Capital One, and CommBank |
Leading Incumbent-built or Owned Digital Banks | Buddy bank, BankMobile, and ImaginBank |
Leading Independent Digital Banks | Atom, Banco Original, and Chime |
Leading Subsidiaries of Non-Bank and Tech Companies | Ant Financial / MYBank, Jibun Bank, and WeBank |
Leading Technology Vendors | Backbase, FIS, and Infosys |
Reasons to Buy
- Understand consumer adoption globally of different digital banking touchpoints.
- Identify technology, regulatory, and consumer trends driving digital transformation at incumbent banks and progress with those initiatives at leading banks.
- Receive detailed insights regarding new entrants, their business models, and their key sources of competitive advantage.
- Learn how incumbent banks can move beyond core products to build deeper engagement with customers and identify new revenue opportunities.
BBVA
DBS
OCBC
Buddy Bank
Bank Mobile
Chime
Monzo
mBank
ImaginBank
HelloBank
WEBank
MYBank
KakaoBank
Tinkoff Bank
Widiba
Table of Contents
Frequently asked questions
-
What are the key technology trends shaping the digital banking industry?
The key technology trends impacting the theme are mobile-first banking, AI, big data, cloud, robotic process automation (RPA), micro-services that enable flexibility and agility, APIs, and early-stage Internet of Things (IoT).
-
What are the key macroeconomic trends shaping the digital banking industry?
The key macroeconomic trends explained in the report are the need to reduce cost-income ratios, the search for new business models, and intensifying pressures on product rates.
-
What are the key regulatory trends shaping the digital banking industry?
Open banking, national regulators that are relaxing licensing conditions, protecting consumers from product push, and protecting consumers from hidden fees and punitive charges are a part of the regulatory trends impacting the digital banking industry.
-
What are the key consumer trends shaping the digital banking industry?
Customers are more empowered, the definition of a primary provider is changing, and more non-proprietary channels are being used. Consumers are closed to open banking for now and are reluctant to switch accounts.
-
Which are the leading incumbent banks and credit unions in the digital banking theme?
Some of the leading incumbent banks and credit unions that have transformed their business into digital businesses are BBVA, Capital One, and CommBank.
-
Which are the leading incumbent-built or owned digital banks in the digital banking theme?
Some of the leading new banks that have been built, acquired, or co-created by incumbent banks are Buddy bank, BankMobile, and ImaginBank.
-
Which are the leading independent digital banks in the digital banking theme?
Some of the leading independent digital banks are Atom, Banco Original, and Chime.
-
Which are the leading subsidiaries of non-bank and tech companies in the digital banking theme?
Some of the leading subsidiaries of non-bank and tech companies are Ant Financial/MYBank, Jibun Bank, and WeBank.
-
Who are the leading technology vendors associated with the digital banking theme?
Some of the leading technology vendors making their mark within the digital banking theme are Backbase, FIS, and Infosys.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.