Disruption or evolution?
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Technology driven Innovation
opportunities or threats?
Although corporate banks still enjoy a competitive advantage and high level of trust, returns offered by digital businesses, low capital requirements, and a lightly regulated market  attract financial technology firms, often referred to as Fintechs . Anyway, those players still struggle to provide financial solutions at scale. The analysis of Schnarr et al.  highlights that new digital channels could threaten banks’ direct access to clients, offering a rich digital experience. Furthermore, the emergence of single-purpose services in combination with increasing regulations erodes margins, requiring new means of efficiency.
Digitalization will be a cornerstone of banks’ business strategies for several years, demanding cutting-edge solutions that enable them to meet clients’ augmented expectations quickly and dynamically.
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 J. Dahl, M. Dietz, O. Timchenko, S. Krylov, I. Kubar and A. Sun-Basorun, “Reaching for the stars: Digital innovation in emerging market banking” , McKinsey & Company, 2016.
 Deloitte, “Digital Banking Maturity 2020“, 2021.
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