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Can network challenges block digital banking services?


If you work for a bank or credit union, you know that you’re under pressure, from competitors and customers, to roll out superior digital experiences as fast, as efficiently, and as effectively as possible. Nowadays, every bank and credit union knows that, as branch use declines and customers demand innovative banking approaches, digital-first and digital-only experiences drive revenue, profitability, and customer satisfaction – and failures to deliver mean that your institution is left behind.

However, many financial institutions discover that their network connectivity isn’t sufficient for digital innovation. They encounter problems, including:

  • Poor bandwidth, throughput, and latency
  • Performance inconsistency from location to location
  • Uptime and resilience problems
  • Data center to cloud connectivity that can’t support your plans
  • Edge-to-core-to-cloud connectivity that’s spread across too many carriers, so end-to-end visibility and control is impossible
  • Insufficient network performance for real-time analytics
  • Too much manual intervention for tuning, troubleshooting, and problem resolution
Digital Banking

These challenges stand in the way of opportunity, progress, and value. To make matters worse, many of them don’t have the right network partners with the right vision, finance-specific experience, and innovative technologies to help them move forward faster. When it comes to delivering digital services for banking, the right partners matter.

Fortunately, thanks to our experience working with banks and credit unions of all sizes, we understand what they’re trying to accomplish and we’re able to solve their problems. We’re working with them every week, applying proven technologies they may not have considered but that could solve their problems, including:

  • SD-WAN for end-to-end network monitoring and management
  • Enhanced metro-level networks for better edge connectivity
  • AIOps-powered automation to remove manual intervention and human error.

In our latest thought leadership paper, Overcoming Obstacles: How Network Innovation Supports Banks and Credit Unions, we give you an overview of the network challenges faced by banks and credit unions. We’ll uncover network technologies that solve problems and unlock opportunities. We’ll show you what the future might hold for your organization, and then give you a view of just how Zayo can help.

To take a look, follow this link.