CR2 Positioned As A Technology Leader In Quadrant Spark Matrix Report On Digital Banking Platforms 2023
By Emmanuel Oluebube, Bureau Chief, UK
The global digital banking and payments platform CR2 has again further improved its position as a Technology Leader in Quadrant report on Digital Banking Platforms 2023.
The report summarizes different vendors capabilities, competitive differentiation and market position.
Commenting on the recognition, Chief Commercial Officer, CR2, Kieran Kilcullen said: “We are delighted to receive this recognition from Quadrant for our Digital Banking Platform. This is our third year as a Technology Leader in the report. At CR2, we continue to invest and bring further innovation to banks across all markets, for example, new digital wallet propositions with continued development of customer onboarding solutions are just some of the areas of improvement. Demand for Digital Banking and Payment solutions continues to grow for both retail and business banking.”
Global spend on digital banking is expected to grow at a CAGR of 6 per cent to reach US$18bn by 2026. Digitisation priorities for Banks are to enhance platform functionality to aid self-service and to enable strong omnichannel engagement capabilities.
