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Retail Banking Trends for Australia 2018

Financial and Insurance Services

Description

The retail banking industry in Australia has always aligned itself to the ever-changing consumer demands, fine-tuning its services and customizing its products. Australian banks have already started investing heavily in following a consumer-centric business model, instead of a banking-centric business model. Australian banks need to now harness the power of social media by integrating their existing technology and services with it. This would help enhance customer experience by making available tailored solutions and services to the customer.

Research notes

Author
Infosys

Publisher
Infosys

Published by...

Established in 1981, Infosys is a NYSE listed global consulting and IT services company with more than 225,000 employees.

In our journey of over 35 years, we have catalyzed some of the major changes that have led to India's emergence as the global destination for software services talent. We pioneered the Global Delivery Model and became the first IT Company from India to be listed on NASDAQ. Our employee stock options program created some of India's first salaried millionaires.