FinTech Magazine February 2024 | Page 5

“ AS THE GEARS OF MODERNISATION AT LEGACY BANKS
CONTINUE TO TURN , WE SHIFT OUR ATTENTION TO NEOBANKS AND ASK WHAT TODAY ’ S CHALLENGERS CAN
DO TO STAY ONE STEP AHEAD ”
FOREWORD

CAN NEOBANKS STAY AHEAD IN THE DIGITAL ARMS RACE ? Incumbent banks are playing catch-up with neobanks to offer customer-centric solutions . In this issue , we ask how neobanks can stay one step ahead …

“ AS THE GEARS OF MODERNISATION AT LEGACY BANKS

CONTINUE TO TURN , WE SHIFT OUR ATTENTION TO NEOBANKS AND ASK WHAT TODAY ’ S CHALLENGERS CAN

DO TO STAY ONE STEP AHEAD ”

FINTECH MAGAZINE IS PUBLISHED BY
Neobanks have forked out a significant share of the global banking market in recent years , leveraging the latest technology to offer solutions centred on the specific needs of their customers .
Incumbents have been forced to respond ever since , scaling up their digital offerings while slowly retreating from the once ubiquitous in-person branches that are now disappearing from towns and cities .
As the gears of modernisation at legacy banks continue to turn , we shift our attention to neobanks and ask what today ’ s challengers can do to stay one step ahead and entrench their position in the global banking landscape .
In this issue , we ’ ll also explore the latest innovations in the fraud and ID verification space , and ask what financial services companies must do to secure themselves from technologicallyenabled fraudsters .
The future of financial services in an era of economic uncertainty is on this month ’ s agenda too , as is the growing relationship between AI and Robotic Process Automation ( RPA ).
As always , there ’ s plenty more content over on our website . Just head to fintechmagazine . com .
LOUIS THOMPSETT louis . thompsett @ bizclikmedia . com © 2024 | ALL RIGHTS RESERVED fintechmagazine . com 5