The Bankwatch

Setting the tone for the next BAI, this statement sums up the state of banking well.  Its innovate or merge to grow. 

What we’ve heard loud and clear is that the banking industry has become an increasingly commoditised marketplace and banking organizations are looking for new ideas and groundbreaking concepts to help them thrive in the competitive marketplace.

Source: Payments News: Innovation ‘Very Important’ to Most Banks – October 16, 2006