Financial service survival

devManagement

Jun 27, 2020 (17 days and 17 hours ago)

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Financial service survival

FINANCIAL
SERVICES
SURVIVAL

Why traditional Banks and
Insurance Industries are fast
becoming obsolete?
CURRENT THREATS
Online
Most people now
online and not afraid
to do business
online only
providers!
Relaxing
regulations
Growing global
threats was once
'closed businesses'
no longer sustain
Value for
Money
Customer are
demonding more for
their money!
86%*
Customers said
Experience is most
important
79%**
Changed service provider if
experienced bad
communication/hard to
navigate mobile/website

*Source : https://www.superoffice.comg **source:

https://www.proprofs.com
Threats to traditional
business models
AI Adaption
Blackchain
Customer
Experince
Mobile first
providers
Online
availability
New Business models
on the rise
Revolt
Toffee
Insurance
N26

Atidot
Transform or Die

CUST OME R S DO
NOT CAR E
Mai n f r ame o r Cl o u d
Us e COB OL o r J av a
Dat abas e o r f i l e
s t o r age
Of f e r i n g a l o t o f
pr o du c t s ( wh i c h t h e y
may n o t u s e )
CUST OME R S DO
CAR E
Saf e o n l i n e
Us e r E x pe r i e n c e
Co mmu n i c at e
Val u e f o r mo n e y
Get in touch

Email
sales@pivotcloudsolutions.com
Website
www.pivotcloudsolutions.com