Pilatus Bank advises a fintech strategy can be as much of a challenge as an opportunity for the majority of banks
We are living in a constantly evolving digital landscape says Pilatus Bank. Fintech startups and challenger banks are continuously launching innovative and advanced digital products on the market. Consumers experience instant gratification with immediate access to the latest technologies via their always-on mobile phones, Wi-Fi-connected cars, and IoT home appliances. It’s natural for them to request, if not demand, from their banks to hold themselves to the same benchmarks and standards required to stay current with other progressive industries. Modern businesses must operate according to standards focused on continuous improvement and technology-driven evolution. On the other hand, banks are facing a higher cost basis to address increased levels of risk management, governance and regulatory compliance requirements. Luis Felipe Rivera, Chief Operating Officer of Pilatus Bank, believes that banks must adapt new strategies as well as technologies to stay relevant in the marketplace.
2017 Ontario Export Awards presented to 11 innovative businesses at Toronto gala
TORONTO, Nov. 22, 2017 (GLOBE NEWSWIRE) -- The winners of the 2017 Ontario Export Awards were announced at a gala event at the International Centre in Mississauga, Ont. on November 21.