{"id":16998,"date":"2023-02-17T13:05:33","date_gmt":"2023-02-17T13:05:33","guid":{"rendered":"https:\/\/bulletins.bfconsulting.com\/?p=16998"},"modified":"2023-02-17T13:05:33","modified_gmt":"2023-02-17T13:05:33","slug":"new-survey-find-banks-feel-pressured-to-collaborate-with-fintechs","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/new-survey-find-banks-feel-pressured-to-collaborate-with-fintechs\/","title":{"rendered":"New Survey Find Banks Feel \u201cPressured\u201d to Collaborate with Fintechs"},"content":{"rendered":"<p>According to new survey conducted by global fintech company Sopra Banking Software, 77% of banking leaders feel \u201cpressured\u201d to collaborate with fintechs to stay relevant. The survey of nearly 800 senior banking leaders in 50 countries also found that 74% view fintechs as a threat to their existence. The main drivers for banking leaders to feel compelled to work with fintechs were high consumer expectations (76%) and changing legislative requirements (66%). While 34% believe that accelerating their digital shift is a critical priority, 49% felt that they lacked the rounded operating models necessary for effective digital transformation.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16998 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Global Insurtech Market Estimated to Grow to USD 10.7 Billion in 2027'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/global-insurtech-market-estimated-to-grow-to-usd-10-7-billion-in-2027\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/02\/120f0a1f-92e1-e73b-b6e3-b90f195d92d01-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-16618\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16618'>\n\t\t\t\tGlobal Insurtech Market Estimated to Grow to USD 10.7 Billion in 2027\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='India\u2019s Federal Bank launches open banking platform'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/india-s-federal-bank-launches-open-banking-platform\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/05\/india-s-federal-bank-launches-open-banking-platform-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-12858\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12858'>\n\t\t\t\tIndia\u2019s Federal Bank launches open banking platform\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Remote authentication potential consequences: a case study in Russia'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/remote-authentication-potential-consequences-a-case-study-in-russia\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/04\/\u0411\u0435\u0437-\u043d\u0430\u0437\u0432\u0430\u043d\u0438\u044f-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-3695\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-3695'>\n\t\t\t\tRemote authentication potential consequences: a case study in Russia\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>According to new survey conducted by global fintech company Sopra Banking Software, 77% of banking leaders feel \u201cpressured\u201d to collaborate with fintechs to stay relevant. The survey of nearly 800 senior banking leaders in 50 countries also found that 74% view fintechs as a threat to their existence. The main drivers for banking leaders to &hellip;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"class_list":["post-16998","post","type-post","status-publish","format-standard","","category-fintech","category-international-fintech","bulletin_edition-01_january-fintech-2023","bulletin_edition-02_february-fintech-2023","bulletin_edition-fintech-2023","b_post_type-the-fintech-world"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16998"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16998\/revisions"}],"predecessor-version":[{"id":16999,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16998\/revisions\/16999"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}