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Cashing in on the digital banking market and banking software market in new reports

Cashing in on the digital banking market and banking software market in new reports

The majority of Americans have at least one bank account. Some of the accounts, however, are digital, without a physical brick-and-mortar presence. This report analyzes the digital banking market and banking software market.

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Most financial experts recommend having at least two bank accounts, including a checking account and savings account. While opening these accounts at a local brick-and-mortar bank is always an option, many people are now choosing online banks. Also known as a digital bank, it's a convenient alternative that offers several attractive benefits.

The North America and Europe Digital Banking Market by Manufacturers, Regions, Type and Application, Forecast to 2023 report by HTF Market Intelligence is a comprehensive study of the digital banking market in North America and Europe.

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Featuring 100 pages, it offers an in-depth look at the market and where it's headed. Digital banking has become increasingly popular in recent years, as it allows consumers to access their bank account from any internet-connected device. This is in stark contrast to traditional banks, many of which have limited online functionality.

Some of the key digital banking vendors profiled in this report include Urban FT, Kony, Backbase, Technisys, Infosys, Digiliti Money, Innofis, Mobilearth, D3 Banking Technology, Alkami, Q2, Misys & SAP. 

The Global Third-party Banking Software Industry Market Analysis & Forecast 2018-2023 report by HTF Market Intelligence is a second professional study, though it focuses on third-party banking software. Banking software, of course, is used to facilitate a banking customer's transactions using a computer system. Whether it's a local or online bank, it probably uses software for security purposes. The right software will allow a user to log in to his or her bank account, check their balance and perform other operations without exposing their data to unauthorized individuals.

Third-party banking software is meticulously designed so that it doesn't pose a security risk for the user or the bank. This is why most banks outsource their software to specialized software developers who are familiar with digital and information security. If a bank provides its users with low-quality software, it may expose their personal, private information to hackers or other nefarious individuals. This problem is easily avoided, however, by choosing a reputable software vendor.

This report segments the global third-party banking software by several criteria. On the basis of region, the market is segmented into North America, Europe, China, Japan, Southeast Asia and India. On the basis of product type, the market is segmented into core banking software, multi-channel banking software and others. The report also segments the market by end-user application, covering key applications for which third-party banking software is used, including risk management, information security and others.

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