Oracle, SAP SE Profiled in Digital Banking Market to Grow at 4% CAGR to 2024:By Key Vendors: Kony, BNY Mellon, Finastra Fiserv, Temenos, Backbase
Non-transaction services in the digital banking market are anticipated to grow at a CAGR of 14% during the projected timeline. The increasing need to provide enhanced customer experience is driving the adoption of non-transaction digital services among the banking institutes. The digital disruption and generational shift cause fundamental changes in customer behavior that are rapidly influencing customer expectations from banks. Over a third of the millennials (population aged between 16 to 34) believe they will be able to live a...
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