i2c News and Reports

Innovation Readiness

Innovation Readiness - The Evolving Innovation Priorities Of FIs Edition

Inside the Playbook
Innovation Readiness Playbook
  • 57 percent of FIs plan to focus on payment technology over the next three years.
  • 80 percent of top-performing FIs will focus on data analytics.
  • 62.5 percent of bottom-performing FIs will concentrate on user experience.

Innovation Readiness Playbook - Leveling The Playing Field For Different-Sized FIs Edition

Inside the July Edition
Innovation Readiness Playbook - Leveling The Playing Field For Different-Sized Fish
  • 40.4 percent: Portion of small FIs that sought to be first to market with new products and features in 2018
  • 45.7 percent: Share of mid-sized FIs’ budgets devoted to innovation in Q4 2018
  • 68 percent: Portion of large FIs that will focus on payment technology over the next three years

Innovation Readiness Playbook - Corporate Credit Products Edition

Inside the May Edition
Innovation Readiness Playbook - Corporate Credit Product Edition
  • 86.7 percent: Share of top performing FIs that are investing in corporate credit product innovation
  • 53.6 percent: Share of FIs that prefer to observe market trends before quickly unveiling new corporate credit products
  • 80.2 percent: Portion of FIs that will focus on offering a mix of new corporate credit products and features

Innovation Readiness Index - 2019

INSIDE THE 2019 EDITION
INNOVATION READINESS Study
  • 35.3: Average index score among FIs in 2018
  • 45.5 percent: Share of FIs that rolled out innovations after observing market trends
  • 25.4 percent: Portion of FIs that said budgetary restrictions hindered innovations

INNOVATION READINESS Study

INSIDE THE INAUGURAL INDEX
INNOVATION READINESS Study
  • 36 percent of FIs said their existing IT infrastructure made payments innovation hard or very hard
  • 68.0 percent of FIs with less than $500 million in assets say they are well suited for innovation
  • 63.0 percent of FIs identify meeting a customer need as the main driver for innovation
  • 83.6 percent of FIs run core processing systems without a sandbox for development innovation
  • 39.7 percent of top innovators use sandbox-to-scale functionality