U.K. Banks Seek Technology Updates to Hold Off New Competitors

Banks in the U.K. are looking to modernize their IT services to keep up with FinTechs and other new financial services firms thriving in the country, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2021 ISG Provider Lens™ Digital Banking Services Report for the U.K. finds large banks in the country facing significant declines in revenues and market share, with the “big four” high street banks(…..) Continue reading »