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This article was first published in FinansWatch.
PA Consulting’s financial services experts, Thomas Bjørnstad and Frode Lervik, are quoted in an article discussing the findings from a newly launched report.
The Norwegian and Nordic banking markets are undergoing a major transformation. PA Consulting stresses that the banks must have a clear position on new developments, strategic issues and set out a plan for the road ahead to 2030.
The Nordic region is one of the world s most advanced markets for retail payments. Technological development will - accelerated by covid-19 - transform the industry dramatically in the period to 2030, which will result in a level of change in the industry we have never seen before.