October 15, 2019
Major technology companies like T-Mobile and Apple, and retailers, such as Walmart, continue to make moves into the financial services landscape. Even though these entrants lack extensive experience in the space, they are looking to gain market share by offering seamless, easy and intuitive interfaces, and user experiences.
With the intensifying competitive landscape, financial institutions need to step up their game, especially when it comes to digital, or they risk losing ground to these newcomers.