The emergence of fintech and neo-banks has increased the level of innovation across the financial services industry. Branch banking is giving way to digital contactless banking services. The advantage of location is displaced by the ability to offer the products customers want with the service assurance they expect.
Progressive branch banking is transforming faster by partnering with neo-banks. Neo-banks fill the gaps in aging product portfolios. Neo-banks embrace fintech, often based on advanced technology. This new collaboration increases the service portfolio at a lower cost but the integration can also increase the complexity of service delivery.
Success in this new world is spelled SERVICE. AIOps enables Operations to up-level their service commitment to customers.