In collaboration with the global IT and business process services provider, CGI, Lipis Advisors released a white paper entitled, Practical innovation using cutting-edge technology. This white paper explores strategies for how banks can modernize to incorporate new technology and use cases into their product offerings and how new players such as fintechs can bridge the gap between new technology and regulatory compliance. By working together with established systems integrators and solution providers that have experience with traditional banking and new technologies, banks and fintechs can collaborate to meet customer expectations while ensuring security and transparency in payments.
Lipis Advisors identified a number of ways that cryptotechnologies can benefit banks. Chief among these are the ability to enhance customer service, eliminate internal siloes, and enable new connections and product offerings. For more information, and to download a copy of the white paper, visit this link.