March 20 – The need to improve efficiency in financial institutions continues to drive the growth of the financial services application market. According to a report published by MarketsandMarkets, the global financial services application market is projected to reach $103.66 billion by 2019, growing at a CAGR of 9.1%. The report indicates that technology development, global market liberalization, market innovation and globalization are the major drivers of the market.
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How three banks expand revenue streams: spanning borders, offering phone-charging stations, and focusing on intangibles.
By Susan Thomas Springer
What strategies kept banks successful in 2016? The paths to prosperity are as varied as the communities they serve. These three-high performing banks have stayed true to their roots while reaching new revenue streams by being innovative and harnessing technology.