Transaction bankers could be forgiven for thinking that the main theme of 2012 is ‘more of the same’. Regulation continues to dominate people’s thoughts, as does the impact of the eurozone crisis on the global economy.
The industry has become characterised by regulation and its associated cost burden, but transaction banks are looking beyond merely complying with the rules and are seeking out the opportunities of the future. Despite the slightly sober operating environment, there are some bright spots on the horizon and there are some key areas that banks are seeking to innovate and invest in.
