What does 2020 hold for New Zealand's banking sector, and how can they prepare for it today? These are some of the high-level questions posed in The Future of Banking through a Kiwi Lens report.
Strategy& in Australia has published the report, the New Zealand version of which has a foreword from PwC Banking and Capital Markets Leader Sam Shuttleworth, to shine a light on one of the world's oldest and quickly changing business sectors.
The report details the six most impactful changes playing on Australian - and, by association, New Zealand - banks over the next three years:
These are all issues for the Kiwi banking sector to get its head around before the turn of the decade. That's why The Future of Banking through a Kiwi Lens report also identifies six proposed priorities for New Zealand banks in the run up to 2020: