BACKBASE announced the release of the APAC-focused Infobrief, "Accelerating Customer-Centric Transformation by Balancing Build and Buy – A Collaborative Approach Towards Sustainable Digital Banking Architecture." Backbase is the global pioneer in Engagement Banking. CONTRIBUTED IMAGE Developed by global market intelligence firm IDC and commissioned by Backbase, the in-depth report draws insights from 125 banks and 316 CIOs in APAC, including the Philippine market, and offers a regional perspective on digital transformation. The Infobrief challenges the long-standing default approach of building in-house solutions for digital engagement banking platforms, and finds that 65 percent of mid- to large-sized banks in APAC have opted to build their engagement banking platforms in-house to achieve digital transformation; however, 70 percent of these projects have failed due to costly and lengthy in-house efforts. The IDC Infobrief is the first of two consultative guides commissioned by Backbase to provide pragmatic guidance for banks to evaluate a more effective platform strategy that can drive accelerated and differentiated digital customer engagement. To download the IDC Infobrief, commissioned by Backbase — "Accelerating Customer-Centric Transformation by Balancing Build and Buy – A Collaborative Approach Towards Sustainable Digital Banking Architecture," #AP241480IB June 2023, visit https://www.backbase.com/insights/reports/idc-infobrief-apac-accelerating-customer-centric-transformation-by-balancing-build-and-buy/. ADIDAS recently revealed Switch FWD, as […]