Why banks and insurers need a single decisioning brain as pressures collide
The banking, financial services and insurance sector is navigating an unprecedented convergence of economic and regulatory pressures. Rising cost-of-living pressures, household cash-flow stress, regulatory expansion and new risks linked to climate, fraud, conduct and geopolitical volatility all converge to create a perfect economic storm. Socio-political shifts mean that customers now expect greater transparency, demonstrable concern…