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Banking in Australia 2025: navigating the digital imperative for modernisation

Drive your bank’s growth in 2025 with insights from Backbase, EY, and Microsoft

Australia’s banking sector is at a crossroads. Industry consolidation and rising competition are pushing banks to innovate, but outdated technology continues to hold them back. To thrive in this evolving landscape, banks must focus on building customer-centric systems and modernising their operations. 

In this whitepaper, experts from Backbase, EY, and Microsoft provide actionable insights into navigating these challenges and creating a competitive edge through strategic modernisation.

What’s in it for you?

  • Discover the key drivers for modernisation in Australia.

  • Explore strategies to build a customer-first banking model.

  • Gain practical steps for adopting a phased, agile approach to transformation.

Your guide to banking modernization in 2025: stay competitive, stay ahead

“The next wave of differentiation or the competitive differentiation of banks is not through your products but through how you engage with your customers. Focus on delivering value and differentiation that your customers will love you for.” Iman Ghodosi, Managing Director - Backbase Australia