Chris Skinner's blog

Shaping the future of finance

The top technologies for banks now and next year

Chris Skinner Author Avatar
by

Two big consulting firms just released interesting reports about technology trends: McKinsey and Bain.

McKinsey’s report focuses upon the technologies that matter most, and found 14!

As usual, being consultants, they had to put them into a complex chart.

And then they assess the impact of these 14 technologies by industry. For financial services, the priorities will be AI, Cloud, machine learning, low-code and no-code, digital identity, Web3 and mobile.

Download the report and checkout more here.

The Bain report takes a slightly different tack, and is more an assessment of the technology sector itself, rather than the technologies that are key. They cite the fact that investment in the sector has crashed in 2022.

Nevertheless, CIOs expect their budgets to rise this year more than previous years.

Interesting. In fact, this chart on Page 19 is particularly important for us in finance.

Download the report and checkout more here.

I’m sure there are more reports out there, but these two stood out for me in the past month.

Chris Skinner Author Avatar

Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...

Intelligent Money - Chris Skinner Keynote @ Pay 360 conference 2024

What is the future?

Learn more

Learn more about Chris

About Chris Skinner

The Past, Present And Future Of Banking, Finance And Technology

Fintech expert Chris Skinner: countries need digital transformation to remain competitive

Join me on Linkedin

Follow Me on X!

Hire Chris Skinner for dinners, workshops and more

Learn directly from from one of the most influential people in technology, gain insights from the world's most innovative companies, and build a global network.

Chris’s latest book

Chris Skinner’s ‘Digital For Good’ Book Launch Event – CFTE

Top 50 Global Thought Leaders and Influencers on FinTech 2023

Chris Skinner
Commentator, CEO of The Finanser and best-selling author at The Finanser

Thinkers360 Thought Leader

Contact Me

Global Awards

Lifetime Achievement Award

Global 100 - 2024 Winner

Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023

Best Financial Markets Advisor of the Year 2023

30 Best Regtech Blogs and Websites 2023

Kids creating the future bank | TEDxAthens

Captain Cake and the Candy Crew

Captain Cake Winner of a Golden Mom’s Choice Award

TWO-TIME WINNER OF A MOM’S CHOICE GOLD AWARD!

Alex at the Financial Services

Gaping Void's Hugh MacLeod worked with the Finanser