Overcome four challenges facing the financial services sector

The financial services sector faces serious challenges around strained margins, changing customer behavior, and competition from digital disruptors. Not surprisingly, these challenges have been exacerbated by the Covid-19 pandemic. However, tackling these challenges offers the sector an opportunity to expand its reach and launch new products and services.

A new report, Data Innovation Opportunities in Banking and Finance, looks at four areas where data-layer technologies in particular can help traditional financial services firms overcome the challenges and profit from new opportunities.

Download this report to understand these four key challenges and how to meet them head on:

  • Heightened customer expectations for instant response and omnichannel
  • Increased regulatory pressure for greater data sharing
  • Increased risk of fraud and cybercrime due to open banking and omnichannel retail banking
  • Greater uncertainty and unforeseen disruptions impacting business continuity

Redis Labs

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