Industry
Banking
Banking
A trusted advisor in a rapidly evolving industry
Industry
A trusted advisor in a rapidly evolving industry
Whoever coined the term “bankers’ hours” would hardly recognize the industry today. Relentless technological change and ever-evolving regulatory requirements mean banks now operate in a high-velocity, always-on environment. The global pandemic has only intensified disruption, sending CEOs in search of ways to build resilience, identify opportunities, and manage risk.
As fintechs mature and consumer preferences shift, a winning strategy increasingly requires seamless integration of digital and physical channels. This raises the stakes for delivering an outstanding customer experience, a specialty of ours; for decades we’ve helped financial institutions discover what matters most to their customers and pursue the innovations that earn and enhance their loyalty.
In thousands of global banking consulting projects, we’ve helped our clients develop and implement strategies for new digital business models, increasing competition, and shifting regulations. Our banking consultant teams come equipped with unparalleled expertise in mergers and acquisitions, information technology, organizational efficiency, and many other facets of the industry. Whether you’re looking to adopt agile methods at scale, or explore the latest innovations in machine learning, we’re ready to serve as your trusted advisor.
Banks with a strong focus on technology consistently outperform the competition. It’s no surprise that industry leaders are embracing AI as a path to efficiency, improved customer service, and revenue growth. Banks are harnessing AI to:
• Streamline call center activities with intelligent chatbots, voicebots, and agent tools for fast, accurate responses
• Automate client onboarding and fraud detection with advanced document verification, intelligent document processing (IDP), and biometric check
• Accelerate everything from account setup and loan disbursement to underwriting and treasury operations using automation, optical character recognition (OCR), and workflow tools
• Detect early or missed payments, monitor high-risk profiles, and ensure compliance with real-time data analysis and reconciliation
The way people and companies do their banking is evolving rapidly. Bain’s collection of video interviews with exceptional executives of banks, fintechs, and investment firms provides valuable insights on various topics as they affect the future of banking.
Learn MoreDrive competitive advantage through AI, human-centered digital innovation, and data-powered solutions.
Companies with a strategic focus on technology outperform across industries. Stay ahead with tech foundations that fuel lasting growth.
Discover how embedding sustainability into your operations can boost efficiency, innovation, and growth while reducing environmental impact.
Deliver a triple play of results: happier customers, employees and shareholders
A unique approach that unlocks value beyond your expectations.
This is how you make your strategy happen
Identify and mitigate risks to focus on the actions that enhance your competitive advantage
Don’t just improve the status quo: reinvent how work gets done.