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CR2 Emerges as Top Tech Leader in Digital Banking Platforms

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CR2, the global digital banking and payments platform, has achieved the coveted “Technology Leadership” position in Quadrant’s report on Digital Banking Platforms 2024.

The comprehensive report provides a thorough analysis of the global Digital Banking Platform market, encompassing trends, competitive landscape, and a SPARK Matrix ranking of top vendors to aid technology providers and banks in their strategic decisions.

Expressing his satisfaction with the recognition, Cormac Duncan, Head of Products at CR2, stated, “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”.

CR2 has garnered strong ratings across parameters such as Technology Excellence and Customer Impact, owing to its wide array of channel capabilities, unique customer value propositions, robust partnership ecosystem, versatility in serving multiple use cases, and innovative roadmap. This consistent performance has led to an improved position for CR2 in the SPARK Matrix year after 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.”

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