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There is no doubt that transaction banking is growing. But is this growth straight forward and all-round… or are there some undercurrents. Let us look at some developments -
Market forces are driving alignments of different kind - outsourcing and consolidation. Could technology be further pushing banks towards this consolidation? Let us explore some of the drivers –
The pressure on margins combined with the increased cost of technology will drive the small and mid-sized transaction banks to re-think their business models. They will have to focus on their core strength areas (customer relationships, value added products, etc) and outsource/collaborate on other areas. The larger players will have their own challenge of building further scale and ultimately driving down the cost per transaction.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Nick Green Director at Purple Patch Broking Ltd
22 August
Oleg Stefanet Chief Risk Officer at payabl.
20 August
Venkatesh P Co-Founder and Director at Maveric Systems
19 August
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