Banking products face challenges in providing simplicity to customers amidst the rapidly changing landscape of the industry.
Product managers in the banking industry strive to strike a balance between customer needs, business objectives, and technological advancements.
Simplicity in banking goes beyond design and is also influenced by compliance, serving a diverse customer base, legacy systems, and the constant battle between security and convenience.
Banking product managers work towards reducing friction, designing for real users, and implementing smarter security to enhance customer experience.