Banking as we know it is changing rapidly to accommodate for the growing, diverse needs of modern consumers. Millennials and business owners alike are no longer content with basic financial services that banks have been offering for decades. They expect a wide range of additional options that allow them to feel flexible and free with their finances, as well as to open them up to a wide range of opportunities that aren’t part of legacy bank offerings.

Challenger banks are here to fill this gap and allow users to access their finances at their fingertips without the need for time-consuming verifications and paperwork. These financial institutions, much like banks, carry financial licenses or work under the auspices of major banking brands, guaranteeing reliability and security.

Our Digibanc™ solution checks all the boxes, from core banking systems to eKYC functionalities. If you want to learn more about Challenger banks and why they are the future, check out our white paper.