The increase in banking channels, such as web-based and mobile-based access channels, offers more opportunities to deliver banking services.
LONDON: The procurement research report on the banking services market is an indispensable part of SpendEdge’s financial services category portfolio and offers a comprehensive explanation of the key factors influencing the supply market, procurement decisions, pricing models dynamics, and procurement best practices. Furthermore, it also offers an in-depth analysis of the supply chain management, key market developments, and demand-supply shifts to help sourcing and procurement experts make smart procurement decisions.
Adoption of better monetary policies, such as low interest on loans in emerging countries, leads to high demand for business loans, which subsequently drives the growth of the global banking services market.
“Purchasing managers must engage with service providers that aid them in identifying their needs and provide appropriate services,” says Bhuvaneshwari Udayakumar, a financial services industry procurement research specialist at SpendEdge.
Clients find it difficult to assess the regional regulatory compliance of banks because of lack of transparency in regulations. As a result, engaging with such service providers will impact buyers’ operations because they will have to face issues that arise because of non-compliance.
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This procurement report on the banking services market offers insights on:
- Supply markets, growth drivers, trends, and imminent restraints
- Key suppliers and assessment of their capabilities
- Procurement best practices
- Negotiation strategies and cost-saving opportunities
- Pricing models and category innovations
- For a comprehensive, detailed list, view our full report
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