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What will banking be like in 2025?

What’s ahead for the country’s financial institutions and their corporate clients over the next decade?Ten years ago iPads and iPhones were still a year or two away from launch and Facebook was restricted to Ivy League students while markets were in an economic boom that was ultimately on borrowed time. What will come next for the industry?As Australia’s oldest major foreign bank, we at BNP Paribas asked leaders of the nation’s banks and corporations what they see as the key longer-term issues in its study 2025.

Spotlight

ClearBank

ClearBank® is the UK’s first new clearing bank in more than 250 years. It delivers a new level of open competition and transparency to the UK financial services marketplace. ClearBank® offers banking services to financial service providers, FCA-regulated businesses and Fintech. ClearBank® is neutral, independent and is not constrained by legacy infrastructure. Our state-of-the-art technology transforms the ability for financial institutions to provide Current Accounts to their customers, resulting in faster and more efficient payments, whilst delivering financial inclusion.

Other Infographics

7 Banking Customer Experience Stats you Must Know

Infographic | December 1, 2019

In its latest research, Forrester reveals how Customer experience (CX) improvements drive revenue growth by creating loyal customers. The findings highlight that a single point improvement in a retail bank’s CX Index score could result in $124 million in increased revenue. These findings strengthen our conviction that fast, accurate and friendly customer service delivered as part of a unified banking experience across every interaction is a business imperative for banks.

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Infographic | May 6, 2020

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Future Ready Finance Survey 2019

Infographic | December 12, 2019

KPMG International’s Future Ready Finance Global Survey provides key insights on finance’s priorities, challenges and capabilities. The good news is that success is achievable. Indeed, Finance functions at high-performing companies have not only been able to adapt to this new environment, but to thrive in it.

State of the Fintech Industry

Infographic | December 24, 2019

Tech firms have enjoyed a deluge of funding in the last few years. As discussed in our State of Venture Capital report, 2018, in particular, was a bumper year, with a total of $254 billion invested globally into ~18,000 startups through venture capital funds—a sharp increase of 46% from 2017’s total. Figures for 2019 are not yet completely finalized, but initial reports point to a slowdown in funding levels in the first half of the year and a mild rebound in Q3.

Top Four Strategic Technology Trends for Finance to See in 2022

Infographic | March 9, 2022

Provides a flexible and resilient integration of data information. At least 70% of data management efforts are reduced efficiently. Provides a flexible and resilient integration of data information. At least 70% of data management efforts are reduced efficiently.

10 Steps to Kick Start Online Trading Today!

Infographic | March 9, 2022

Invest in Time to Understand Stock Market To begin trading online, invest time in learning trading rules, strategies, the ‘how-to,’ and market behavior, Consult a Trading Expert Learn the details of trading with an expert. It will help to create and implement it in the right place and minimize mistakes.

What will banking be like in 2025?