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Digital Banking Market Outlook To 2024 - Mobllearth, Infosys, Cachet Financial Solutions, Backbase, Urban FT, Inc., Kony, Technisys, Alipay, Paytm, Ally financial, JPMorgan Chase & Co., Wells, Fargo dominating
Digital Banking Market
Experts opine that in the recent years, online banking has been creating one milestone after the other with new players entering the digital banking market and thriving within a short period of time. Two of the leading European digital banks, namely N26 of Germany and Revolut of UK have 2 million and 3.3 million customers respectively and as they prepare to make their debut in the U.S. in 2019, they are anticipated to garner significant number of customers there as well. One of the features that has made easy for these banks to gain such as huge number of customers is the simplicity of opening an account.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Mobllearth
2. Infosys (Innofis Cachet Financial Solutions
3. Backbase
4. Urban FT
5. Kony
6. Technisys (FMC Technologies subsidiary)
7. Alipay
8. Paytm
9. Ally financial
10. JPMorgan Chase & Co.
11. Wells Fargo.
The global digital banking industry valuation is set to experience a commendable surge, as technology and banking behemoths worldwide come together to revolutionize the financial business space. Looking at the path-breaking innovations that are dominating the digital banking marketplace at present, it is likely that banks will soon expedite new mobile application and voice-driven device testing to boost both delivery & contextual personalization.
Despite being a fairly nascent vertical, digital banking market has received a commendable boost in the last half a decade, given that the concept has been a rage among financial institutions. Having already embarked on the voyage of a digital revolution, financial institutions and banks continue to foray into the digitalization landscape of the banking sector and employ the much needed technological infrastructure for amplified convenience and superior transactional security.
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