GCC banks are e-ready

GCC banks are well- positioned to be among the world’s most innovative in driving digital strategies for business transformation and competitiveness. But in the growing Digital Economy, both global and GCC banks face increasing IT pressures from regulators, digital banks and mobile customers, and cybersecurity.

“With business analytics taking on increased importance in the Digital Economy, GCC banks must bring digital to the boardroom. An experienced C-suite member should lead a bank’s digital strategies, products, and services. Deep customer and business insights driven by Big Data analytics will be core for banks in the region to simplify operations, drive digital revenue growth, and support customer-centric innovations for tech-savvy Millennial customers,” added Jonathan Charley.