The world has gone digital, and the banking sector is facing a continuing period of challenge and
change. With more agile financial technology (FinTech) companies nipping at their heels, established banks can no longer rely solely on size and reputation to retain customers and win
new business. The 2021 economic landscape is further accelerating the pace of digital transformation. As the COVID-19 pandemic pushes economies into recession and creates both financial upheavals and opportunity, retail and business customers need fast, dependable financial services more than ever.
This paper from VMware Tanzu explores the challenges the banking industry faces and the role that rapid application development and infrastructure modernization play in how banks thrive and grow