New technology and stronger competition mean businesses that are even better tailored to their personal needs. Ladies and gentlemen, you must all work towards ensuring that Germany’s banking sector does not remain a blank spot on the digital world map. From my point of view, this requires four things. •  First, every bank needs a “digital agenda” and a flexible strategy.
•  Second, every bank must find a balance between existing strengths and new types of banking business. •  Third, every bank must be aware of the problem of IT security and must also pass this awareness on to its customers. •  Fourth, every bank must modernise its IT infrastructure as necessary and ensure that the systems are secure.