{"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":"

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

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