Traditional banks are modernizing internal and customer-facing technologies to compete with new payment, investment and lending alternatives, ISG Provider Lens report says
STOCKHOLM–(BUSINESS WIRE)–$III #AI–Banks in the Nordics are going through significant technology and business transitions, moving from legacy systems to new cloud-based platforms and products in response to new competition and changes in consumer preferences, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2022 ISG Provider Lens Digital Banking Services report for the Nordics finds that digitalization is a top priority for banks in the region, with some focusing on improving their current products and services while others also seeking growth through new offerings and adjacent businesses. As in other regions, the current shake-up in Nordic banking was caused in part by changes in consumer beha
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