U.K. Banks Adopt Digital Platforms to Compete with FinTechs GlobeNewswire 2020-12-22 ISG Provider Lensâ„¢ report also sees the COVID-19 pandemic pushing banks in the U.K. toward digital, cashless services LONDON, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Banks in the U.K. are shifting to digital platforms to gain a competitive advantage against the rising FinTech industry, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2020 ISG Provider Lens â„¢ Banking Industry Ecosystem Report for the U.K. finds banks in the country interested in cloud-based core banking systems, instant payment technologies, automated anti-money laundering services, and API-led applications. The COVID-19 pandemic has accelerated adoption of digital platforms in the U.K., with both banks and merchants pushing for a cashless society.