Canada Innovations in Banking Market Report 2020
$4,995 (Excl.Tax)
$4,995 (Excl.Tax)
Providing the most comprehensive and up-to-date information and analysis of the Innovations in Banking – Canada market, and the behaviours, preferences and habits of the consumer.
What are the key challenges facing the industry? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
The majority of Canadians believe that technology can change the financial services industry for the better. The last 50 years have seen plenty of evidence of this as service delivery and ease of transactions have improved exponentially right from the advent of ATMs to online/mobile banking and more recently, Blockchain and artificial intelligence, which has fuelled the rise of cryptocurrencies, chatbots, robo-advisors, etc. Technology has also improved security although data breaches and hackers have occasionally spoiled the party. We are still in the early stages of innovation in banking and there is plenty of scope for technology to impact product innovation and further improve accessibility, security and financial inclusion for all.
Written by Sanjay Sharma, a leading analyst in the Financial Services sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
As innovation advances, concerns around security persist. Although these concerns will not hinder the pace of innovation, this might slow adoption levels of new features among older consumers Sanjay Sharma
Senior Financial Services Analyst
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