How Financial Institutions Can Overcome 3 Obstacles to Innovation

August 10, 2020

Digital innovation is happening fast — and there’s no slowing it down. Financial institutions are shifting priorities as third-party apps and services become more prevalent among consumers. Now, staying connected is no longer just an option, it’s critical to achieving success and staying relevant. mx.com | 1 But moving fast isn’t as easy as it sounds. There’s a fine line that financial institutions have to balance when it comes to innovating quickly to give their customers the experiences they’ve come to expect and ensuring their data remains safe and secure. As data sharing and connected integration ecosystems become the new norm, here are three challenges many financial institutions are facing.

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Benu Networks is a privately held telecommunications Infrastructure company led by an experienced team of telecommunications veterans headquartered in Billerica, Massachusetts, USA. Benu Networks’ carrier-class Virtual Service Edge (VSE) software platform enables the rapid creation and delivery of next generation IP services over a converged infrastructure. The VSE allows service providers to create different service network slices on the same platform to enable the following services: Managed Business Networking, Managed Home Networking, Carrier Wi-Fi, Managed Security, Managed IoT, SD-WAN, and Network Analytics. Benu Networks’ solutions empower service providers to increase revenue, expand market leadership, and meet the dynamic needs of their business, residential and mobile customers.

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