Whitepaper

How Interconnection and Data at the Edge can Future Proof Today's Banks

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Produced by Finextra in association with Equinix, this whitepaper explores how interconnection and computing at the edge can help banks successfully navigate digital transformation and secure competitive advantage.

Highlights

  • How banks are working with partners, and the risks and challenges involved
  • How traditional banks can compete against cloud-native, customer-focused neo banks
  • How deploying machine learning and other systems can prevent cyber crime
  • How banks are spending and prioritising budgets
Banks need to re-engineer their cost base to meet these competitive challenges. This includes their whole technology stack, their operations, KYC and Credit Risk processes – productivity per person must increase. AI could be used to address some of their challenges.
Hetal Popat
Program Director and Head, Opening Banking and PSD2, HSBC

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