FinTech Magazine October 2020 | Page 47

technologies in place , that allows for greater front-to-back conductivity , which , in turn , translates to better turnaround times for customers .”
As the coronavirus pandemic continues to cause financial anxiety for people around the world , banks owe it to their customers to re-evaluate how they operate on a day-to-day basis in order to meet the challenges of today ’ s economy . “ Banks and financial institutions can get stuck at the ‘ proof of concept ’ stage and therefore have a myopic view of the problem , only focusing on siloed issues ,” Robbins concludes . “ Instead , they should look at things holistically with an integrated , cloud-based , endto-end tech solution . It will enable the agility that banks are looking for without the need for investing potentially millions of dollars in granular core system modernisation projects .”
47 on it so far . Had the banks employed lean and agile thinking , Robbins intimates , the figure could have been much lower while still providing Americans with the support needed . “ When you have these more agile fintechmagazine . com