Inflation, rising energy costs, and supply chain slowdowns have soured the economic outlook for US consumers and businesses. But prioritizing customer needs and maintaining a long-term perspective on technology investments will enable incumbent banks to weather the storm.
Key Question: How should banks adjust their strategies amid uncertain economic conditions?
KEY STAT: About one-third of adults worldwide said they look to their bank when seeking financial education, per a July 2021 EPAM survey. We expect consumers will have more questions than ever as a recession approaches, so banks should ensure they have the technological and operational resources to assist their customers.
Exportable files for easy reading, analysis and sharing.
Reliable data in simple displays for presentations and quick decision making.
One Liberty Plaza9th FloorNew York, NY 100061-800-405-0844