In the past few years there has been rapid evolution and adoption of digital technology that is disrupting established banking business. But digitization has also thrown open significant number of opportunities for banks to deliver sophisticated customer experience, smarter decisions and operational excellence. We believe that banks need to implement a bold and comprehensive “Truly Digital” transformation strategy to succeed in 2017; and we have identified six technology trends that banks need to address in 2017 to be TrulyDigital:

• Unleashing innovation with open APIs and open banking
• Banking in cloud-fi­rst strategy
• Blockchain: The race to production begins
• AI – your sci-fi­ movie imagination is turning into a reality
• More things to bank on
• Banking Architecture – driving value with simplicity