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November 2 2023

Neobank and Big Tech Competition Increasing the Demand for Agile Banking | FF News at Sibos 2023

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In our Sibos series with SunTec, we speak to Madhur Jain, Executive VP and Global Head of SaaS, about why neobanks have been successful and how larger more established banks can compete by being customer focused.

He also points out that there will soon be increased competition from established tech companies like Apple moving into financial services. Ethan Teas who is EGM of Payments at Commonwealth Bank talks about their focus on being agile in response to this competition. He says they’ve changed the way they’re working and the make up of their architecture in order to progress in this area.

People In This Post

Madhur Jain

Madhur Jain

SunTec Business Solutions
Ethan Teas

Ethan Teas

Commonwealth Bank

Companies In This Post

SunTec Business Solutions | Fintech Finance

SunTec Business Solutions
Commonwealth Bank | Fintech Finance

Commonwealth Bank
  1. Y-Intercept Selects TS Imagine’s RiskSmart+ to Scale Operations and Support Growth

    News

     Read more
  2. Personetics’ New Features Give Banks More Ways to Monetize Customer Wellness

    Fintech

     Read more
  3. FCA Steps Up Action Against Misleading Financial Adverts

    Fintech

     Read more
  4. Cytora Launches Explainable Risk Assessment With Agentic AI

    Insurtech

     Read more
  5. Backbase and Feedzai Partner to Launch Deeply Integrated Financial Crime Prevention in the Engagement Banking Platform

    Fintech

     Read more
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