But there are significant difficulties and barriers to success for financial institutions of all sizes. What are these main difficulties and barriers, and how are they resolved?
In order to determine the most important factors pertaining to acquiring new clients in the digital banking sector, Fintech Futures and Moneythor ran a study. Professionals from a variety of financial organisations, including big commercial and retail banks, digital banks, B2C fintech companies, credit unions, mutuals, and others, working in strategy, product, digital, tech, and marketing were among the respondents. They shared their opinions on profitability, success measures, consumer acquisition strategies, and technological obstacles.