Gartner Research

Market Trends: Banking and Securities, Western Europe, 2015

Published: 24 June 2015

ID: G00277123

Analyst(s): Vittorio D'Orazio, Rajesh Kandaswamy

Summary

The Western European banking industry will change remarkably throughout 2015 and 2016. Banking practice leads will need to change their strategic plans accordingly within four key areas: branch strategies, interest income, payments and regulatory compliance.

Table Of Contents

Introduction

Market Trend

  • Debranching and Digital Transformation — Banks Will Reduce the Number of Branches While Transforming the Remaining Ones
  • The Recovery of the Lending Business — The Interest Income of Banks Will Recover Quickly and Will Drive Profitability
  • The Payment Challenge — Cash and Checks Will Decline in Use While Other Payment Means Will Come Up
    • The Traditional Payment Means Such as Checks and Cash Are Declining in Use Across Europe
    • New Payment Means Are Gaining Momentum
  • The Regulatory Opportunity — Regulations Will Drive New Opportunities to Banks and Technology and Service Providers
  • Technology Trend
    • Analytics, Analytics, Analytics: Digital Initiatives to Understand Your Customer
    • The Mobile Channel Will Be King While Security Will Be the Queen
    • Core Banking Replacement Projects Are at the Tipping Point
    • Software as a Service (SaaS)

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