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Gold Special Feature: Digital Banking in Cyprus - Issue August 2021

Gold Special Feature: Digital Banking in Cyprus - Issue August 2021
  • BANKS
  • DIGITAL BANKS
  • ONLINE BANKS
  • CHALLENGER BANKS
  • FINTECHS
  • DIGITAL BANKING PLATFORM PROVIDERS
  • DIGITAL BANKING SOFTWARE SUPPLIERS

While the COVID-19 pandemic is generally viewed as having accelerated – and, in some sectors, kickstarted – the digital transformation of many businesses, it was the 2013 financial crisis and the provisions of the Troika-imposed Economic Adjustment Programme that set the country’s banks on a real 21st century trajectory. As a result, banking institutions were well ahead of the game in 2020 and the concept of digital banking (defined by Forbes as the combination of online and mobile banking services) was already a key aspect of their offering to retail customers. Indeed, there are many young people today who have a bank account and yet have never set foot inside a bricksand- mortar bank.

Digital banking has proved to be a win-win situation, as the provision of secure, easy-to-use 24- hour online and mobile services to customers has led to cost savings, more efficiency, greater competitiveness and enhanced security for the banks. In addition to an article/interview on digital banking, the August 15, 2021 issue of GOLD will also include a Special Promotional Feature in which banks of all types, as well as Fintechs, Digital Banking Platform Providers and Software Suppliers, will have the opportunity to present their products and services in a two-page spread.

For further information please contact Erika Phylakti +357 22 505550 | [email protected]

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