Digital Banking Platforms Market In-deep Analysis And Experts Review Report 2022-2026 - Temenos, Finastra, TCS, Appway, NETinfo

The report titled "Digital Banking Platforms Market" has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners, and industry experts.

The global Digital Banking Platforms market size is expected to grow USD 8.2 billion in 2021 to USD 13.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.3% during the forecast period.

Top Companies in the Global Digital Banking Platforms Market:
Backbase, EdgeVerve Systems, Temenos, Finastra, TCS, Appway, NETinfo, Worldline, SAP, BNY Mellon, Oracle, Sopra, CREALOGIX, Fiserv, Intellect Design Arena.

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Market Overview & Regional Analysis -

A digital banking platform (DBP) enables a bank to begin the transformational process of becoming a truly digital bank that is ecosystem-centric

Surge in number of internet users and growth in shift from traditional banking to online banking are the major factors driving the growth of the market. In addition, increase in adoption of cloud-based platform to obtain higher scalability fuels the growth of the market. However, security and compliance issues in digital lending platform hampers the growth of the digital banking platform market. Furthermore, growth in usage of machine learning and artificial intelligence in digital banking platform and increase in innovative banking services and rise in corporate investors are expected to provide lucrative opportunities for the market.

North America in 2019 and is expected to retain its position during the forecast period. The major factors that drive the growth of the market in this region include presence of major players and rapid adoption of latest technology in the market. However, Asia-Pacific is expected to witness significant growth rate during the forecast period, owing to booming IT infrastructure and hefty investments from the private and public players in the region.

Industry News -

Finastra extends collaboration with National Bank of Greece for ISO 20022 migration

January 19, 2022 - Finastra is supporting National Bank of Greece (NBG) with its transition to the new ISO payments standard, due to come into force from November 2022. The bank is upgrading to the latest version of Finastra's Fusion Global PAYplus payments hub.

Fusion Global PAYplus will enable NBG to fully harness the richness of the new ISO 20022 standard - improving the efficiency of screening, reconciliation and payment processing, and enabling a richer customer experience for domestic as well as cross-border transactions.

This report segments the global Digital Banking Platforms Market based on Types are:
On-premises
Cloud

Based on Application, the Global Digital Banking Platforms Market is Segmented into:
Online Banking
Mobile Banking

For the comprehensive understanding of market dynamics, the global Digital Banking Platforms Market is analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analysed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.

Impact of the Digital Banking Platforms market report:

- A comprehensive evaluation of all opportunities and risks in the market.
- Digital Banking Platforms market ongoing the developments and significant occasions.
- A Detailed study of business techniques for the development of the market-driving players.
- Conclusive study about the improvement plot of Digital Banking Platforms market for approaching years.
- Top to a bottom appreciation of market-express drivers, targets and major littler scale markets.
- Favorable impression inside imperative mechanical and publicize latest examples striking the market.

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What are the Digital Banking Platforms market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the Digital Banking Platforms market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Digital Banking Platforms Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

We Also Offer Customization on report based on specific client Requirement:

- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.

The report has 150 tables and figures browse the report description and TOC

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