BY JAMES CURZON, HEAD OF FINANCIAL SERVICES
Due to the evolving environmental landscape, banks are currently facing more challenges than ever before. With sub-10% ROEs and external factors such as consistently low interest rates, banks are constantly having to rethink their business models in order to survive and stay ahead of competition in this persistently subdued economy.
One of the biggest problems facing the global retail banking market is the inability to stand out in an increasingly commoditised and competitive marketplace.
It is therefore vital that banks keep up with environmental changes and trends in order to maintain a competitive edge…