Little Banks27 Oct 2019 16:35
In today's fast changing world the juggernauts of the banking sector are beginning to understand that banking ain't what it used to be. They got used to ditching the imposing stone-built branches with their marble floors, mahogany counters and brass fitments and no their cyber equivalents, massive suite of information systems helping them rule the world are becoming outdated and in need of an overhaul. That's expensive in time, money and missed opportunities.
Coming up on the rails are the more nimble, less encumbered start-ups with practically no physical infrastructure, or legacy systems holding them back. They barely existed to suffer the slings and arrows hurled their way by the Banking Crisis or PPI that still causes pain to the likes of Lloyds.