Loading...
0

Digital Banking Platforms Market by Platforms (Mobile Banking, Chatbots, ATM, Bank Teller, Payment Agent, Kiosk, Online Banking, Payment Agents, and Others), Mode of Payments (Internet Payments, Money Transfer, Insurance Payments, Loan Payments, Taxes, and Others ), and Application (Tailored-Advice, Real-time Support, Digital Sales, Financial Insight, Front Office Empowerment, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

BF_195539
Pages: NA
Nov 2019 | 43 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

Digital Banking Platforms Market Outlook - 2026

Digital banking platforms is an intermediary between the front end which consumers see, and the back end that bankers deal with. A digital banking platform helps bank in achieving business optimization, adaptive and scalable services, enabling purchase decisions based on various available technologies, like mobile devices, desktop, smart TV, and others. The various multichannel tends to achieve the consumer demands, focusing on improving technologies. The platforms are the virtual process, which allow an individual and other such users, to access financial data, do online banking, bill payments, view transaction history, transfer money, to name a few.

The consumer behavior and most importantly, the customer experience during digital innovation drives the banking sector and their operations tremendously. The increase in adoption of cloud-based platforms, trust and security in terms of personal data, and influence of awareness within consumers, are some of the factors that drive the growth of the market. The opportunities in the market are Fintech and digital banking, due to which there is disruption in many industries also creating new opportunities, on the other hand enhancing internal efficiency, to provide value added customer services and to minimize risk. The competition in terms of app perfection, fraudsters, cyber-attack, are some of the restraints to the market at times resulting into moderate sustainability.

Banks need to improvise their digital platform as a leading strategy, to meet excellence in service provided to customers, technical part needs to be revised with different data models, cost structures, technical interfaces which helps in exchange of bulk data of the customers, should be updated, to enhance decision making. The expeditious factors lie from manual process to automatic processes have been involved in the market to better understand the customers. The compendious investment needs to be done by banks, which will derive value and perceptions from their data to deliver true customer experience. The massive role for banks remains highly challenging, as the customer data are distributed across multiple platforms, some technologies open APIs, cloud computing or Artificial Intelligence.

The digital banking platform market is segmented based on platform, mode of payments, application, and region. Based on platform, the market is divided into mobile banking, chatbots, Automated Teller Machine (ATM), bank teller, payment agent, kiosk, online banking, payment agents, and others. Based on mode of payments, the market is categorized into internet payments, money transfer, insurance payments, loan payments, taxes, and others. Based on application, the market is classified into tailored-advice, real-time support, digital sales, financial insight, front office empowerment, and others. Region wise, the market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.

To meet an instant need of customers, going beyond personalization, to develop individualize communication and experience, major advance technologies have looped into market with these growing trends.  The lifestyle, objectives, values, underserved needs, to name a few, has been dynamically involving and driving the banking sector with the upcoming trends. Securing customers data, the banking organizations are been competing in building trust by sharing customers data with the third parties to powerful new financial with the help of Application Programming Interfaces (API). This application is designed as per the trend, where consumers can have greater freedom of service and portable data directly from the service providers, whenever required. The major players in the digital banking platform market include Appway, Backbase, Fiserv, CREALOGIX, ebanklT, EdgeVerve, Intellect Design Arena, Finastra, ieDigital, and ETRONIKA.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a detailed quantitative analysis of the current market trends and forecast estimations from 2019 to 2026, which assists to identify the prevailing digital banking platform market opportunities. 
  • A comprehensive analysis of the factors that drive and restrain the growth of the market is provided.
  • Region-wise and country-wise market conditions are comprehensively analyzed in this report.

KEY MARKET SEGMENTS

By Platforms

  • Mobile Banking
  • Chatbots
  • ATM
  • Bank Teller
  • Payment Agent
  • Kiosk
  • Online Banking
  • Payment Agents
  • Others

By Mode of Payments

  • Internet Payments
  • Money Transfer
  • Insurance Payments
  • Loan Payment
  • Taxes
  • Others

By Application

  • Tailored Advice
  • Real-Time Support
  • Digital Sales
  • Financial Insight
  • Front Office Empowerment 
  •  Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Australia
    • Japan
    • India
    • China
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Top 10 Companies

  • Appway
  • Backbase
  • Finsrv
  • CREALOGI
  • ebanklT
  • EdgeVerve
  • Intellect Design Arena
  • Finastra
  • ieDigital
  • ETRONIKA
 

  

 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 

PURCHASE OPTIONS

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,    Int'l : +1-503-894-6022
Drop us an email at
help@alliedmarketresearch.com

Send Enquiry

REQUEST TOC/SAMPLE

Request Customization

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Digital Banking Platforms Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,370  $4,833
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited within company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 
REQUEST TOC/SAMPLE

Buy Full Version
"Digital Banking Platforms Market"
Purchase Enquiry