It’s getting harder for banks to meet the rapidly changing, digital-centric needs of their  customers, who increasingly prefer the specialized, high-tech solutions offered by fintechs. With composable banking, FIs don’t need to try to be a one-stop shop anymore. The API-based service model enables FIs to use modular components offered by external partners to circumvent the challenge of serving every function at once. Instead, banks can position themselves as the hub of an interconnected network–and stay relevant in banking’s digital future. 

In this report, you’ll learn more about:

• Why demographics and behavior shifts are challenging banks’ dominance  

• How FIs are grappling with the effects of outdated technology 

• How banks can thrive with a composable approach