INNOVATION IN RETAIL BANKING

THE EMERGENCE OF NEW BANKING BUSINESS MODELS

Efma and Infosys Finacle are proud to present the eighth annual study of innovation in retail banking. The theme
of this years study is the emergence of new banking business models and how disruptive technologies are
driving the latest developments in the industry

THREAT OF DISRUPTION IS HIGH, BUT COLLABORATION IS THE WAY FORWARD

77%
73%

BANKS CONSIDER WORKING

WITH INNOVATIVE START-UPS
AS THE BEST APPROACH TO
ACCESS DISRUPTIVE
TECHNOLOGIES

BANKS REGARD THE THREAT

FROM AT LEAST ONE GROUP OF
POTENTIAL COMPETITORS AS
HIGH OR VERY HIGH

BANKS ARE GEARING UP FOR DIGITAL TRANSFORMATION AND NEW BUSINESS MODELS

50% 44%

LEGACY TECHNOLOGY

LACK OF UNIFIED VISION

THE TOP TWO BARRIERS TO BANKS FOR

DIGITAL TRANSFORMATION

70%

BANKS CONSIDER CREATING A

CUSTOMER-CENTRIC
ORGAINZATION AND AN
OMNICHANNEL DIGITAL
EXPERIENCE AS TOP PRIORITIES

DISRUPTIVE TECHNOLOGIES WILL HAVE AN IMMEDIATE IMPACT ON BANKING MODELS

20% 40%
IN TWO YEARS

IN THREE TO FOUR YEARS

DISTRIBUTION OF BANKS THAT FEEL HOW MUCH TIME IT

WILL TAKE BLOCKCHAIN AS A DISRUPTIVE TECHNOLOGY
TO HAVE AN IMPACT

60%

BANKS CONSIDER ADVANCED

ANALYTICS & BIG DATA, AND
OPEN APIS TO BE THE
DISRUPTIVE TECHNOLOGIES
THAT WILL IMPACT THEIR
BUSINESS MODELS

Transforming your retail bank through innovation

with new banking models
EFma and Infosys Finacle Webinar
Thursday 3 November 2016
13:30 14:30 Central European Time (CET)
Register for this webinar and:

Uncover main findings of "Innovation in Retail Banking" report 2016

Learn how the technologies are being utilized to transform digitally

Get an opportunity to interact and benchmark your institution with Efma

members community