9th April 2024, Dublin, Ireland: CR2, the global digital banking and payments platform has achieved “Technology Leadership” position in Quadrant’s report on Digital Banking Platforms 2024.
The report offers an in-depth analysis of the global Digital Banking Platform market, including trends, competitive landscape and a SPARK Matrix ranking of top vendors to guide technology providers and banks in their strategic decisions.
Commenting on the recognition, Cormac Duncan, Head of Products, CR2, said, “We are delighted to receive this recognition from Quadrant. Our solution enables rapid development and deployment of digital banking capabilities and reduces the time to market new banking features. We also help banks provide responsiveness, adopt a customer-centric approach and lower the overall operational costs.
With a wide breadth of channel capabilities, unique customer value propositions, strong partnership ecosystem, ability to serve multiple use cases and innovative roadmap, CR2 has received strong ratings across the parameters of Technology Excellence and Customer Impact. This has enabled CR2 to improve our position in the spark Matrix year on year”.
According to Omdia, “Global spend on digital banking is expected to grow at a CAGR of 6% to reach $18bn by 2026. It is important that banks do not pursue digitalization as a series of disconnected projects and tools but rather as a strategy that is coherent in both technological and commercial terms.”