FinTech Trends. Why Do Banks Aim for the Cloud?

Banks are actively competing for customers in the digital space: who has a higher level of security, better functionality and user interface of the digital office, and a larger pool of partners. Some banks have already launched their own contactless payment services. Only a flexible, secure infrastructure that guarantees fast development speed will help ensure banks’ accelerated development in the digital space. For most, this is achievable using cloud services and various options for synergizing cloud platforms with in-house developments.

• What is the new digital ecosystem model, and what trends influence tomorrow’s FinTech?
• What barriers to transformation must be removed within a company to adopt cloud solutions faster?
• What challenges does the development of digital currencies and other financial technologies pose for banks?
• How is import substitution in FinTech going?